Earnings hit by commodity prices, royalty payments and fall in euro.

Maruti's Q1 net slides 20 per cent

Business Standard

A subsidy of Rs 7,343 crore to consumers saw the country&rsquo;s largest fuel retailer, state-owned IndianOil Corporation (IndianOil), post a net loss of Rs 3,388 crore during April-June 2010, its first loss after five quarters.

IndianOil Q1 loss at Rs 3,388 cr

Lower interest outflow helped Kolkata-based United Bank of India (UBI) post a 53.50 per cent rise in net profit for the quarter ended June 2010 to Rs 107.86 crore, against Rs 70.28 crore in the same period last year.

UBI net profit up 53.5%

Public-sector lender Indian Bank has reported a growth of 11 per cent at Rs 368.15 crore in net profit for the first quarter, ended June 30, as compared to Rs 331.66 crore during the corresponding quarter of the last fiscal.

Indian Bank net up 11%

Pune-based Bharat Forge, India's largest forging company today posted a consolidated net profit of Rs 62 crore for the quarter ended June 30, 2010 as against a loss of Rs 46 crore posted for the quarter a year earlier.

Bharat Forge back in black with Rs 62cr profit

Public sector lender Union Bank of India today reported a growth of 36.01 per cent in net profit for the first quarter ended June 30 to Rs 601.42 crore.

Union Bank of India Q1 net profit up 36%

Press Trust of India

The company, which has four properties under its belt mostly in the south, had posted a net profit of Rs 4.89 crore during the same period last year.

Taj GVK Hotels net doubles to Rs 10cr

City-based Dena Bank today reported a net profit of Rs 138.79 crore, an increase of 20.66 per cent for the quarter ended June 30, 2010 as against a net profit of Rs 115.02 crore reported in the same quarter a year ago.

Dena Bank Q1 at Rs 138cr

Drug firm GlaxoSmithKline Pharmaceuticals today posted a nearly 4 per cent increase in its net profit to Rs 128.9 crore in the quarter-ended June 30, 2010, over the same period last year.

GSK Pharma Q2 net up 4% at Rs 128.9 cr

Century Textile &amp; Industries, a B K Birla group-owned company today posted a 29 fall in net profit at Rs 100 crore for the quarter ended June 30, 2010 as compared to Rs 141 crore posted by it in the same quarter a year earlier.

Century Textiles net falls to Rs 100 cr

Fast moving consumer goods major Dabur India today reported a consolidated net profit growth of 20.5 per cent touching Rs 107.39 crore in the quarter ended June, FY2011 against Rs 89.09 crore in the corresponding period last year.

Dabur&#39;s net profit up by 20.5%

United Phosphorus today reported a whopping 86 per cent dip in its net profit at Rs 7.3 crore for the first quarter ended June 30, 2010, due to loss on account of exchange differences.

United Phosphorus Q1 net down 86%

Sterlite Industries, India's largest non-ferrous metals and mining company, today posted a consolidated net profit growth of 50 per cent at Rs 1,008 crore for the first quarter ended June 30, 2010 as against Rs 672 crore in the same period a year ago.

Sterlite Q1 net up 50% to Rs 1,008 cr

IT firms Tech Mahindra today reported a growth of 9.65 per cent in its consolidated net profit at Rs 144 crore for the first quarter ended June 30, 2010, over the same period last year.

Tech Mahindra Q1 net up 10% at Rs 144 cr

Somany Group firm Hindustan Sanitaryware and Industries (HSIL) today posted a near six-fold jump in its net profit to Rs 13.53 crore in the quarter ended June 30, 2010, over the same period in the previous fiscal.

HSIL June qtr net zooms sixfold to Rs 13 cr

The company had a net profit of Rs 2,193.62 crore in the same period last fiscal, NTPC said in a filing to the Bombay Stock Exchange (BSE).

NTPC Q1 net down 16% at Rs 1,842 cr

Mahindra Holidays and Resorts India (MHRIL), part of $7.1 billion Mahindra Group, today said its total income has declined 23.6 per cent to Rs 103.88 crore in the first quarter of FY11 compared to the year ago period.

Mahindra Holidays' Q1 total income down 23.6%

Essar Oil clocked a revenue of Rs 12,048 crore in Q1 FY11, up 52 per cent from the year-ago figure, but posted a loss of Rs 70 crore largely due to a contraction in its gross refining margins (GRMs).

Essar Oil Q1 revenue at Rs 12,048 cr, posts Rs 70-cr loss

The Maruti Suzuki scrip plunged 12.31 per cent, or Rs 167.20, to Rs 1,191.05 on Monday on the Bombay Stock Exchange (BSE) due to the company&rsquo;s poor quarterly results.

Maruti falls 12.31% on poor quarterly results

Public sector lender Union Bank of India on Monday posted a 36 per cent growth in net profit to Rs 601 crore in quarter ended June 30 from Rs 442 crore a year ago on the back of strong growth in interest income.

Union Bank net up 36%

Public sector Dena Bank on Monday reported a 20.67 per cent increase in net profit for quarter ended June 30 to Rs 138.79 crore from Rs 115.02 crore in the corresponding quarter last year.

Dena Bank profit up 21%

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