Usha Martin has recorded a consolidated profit after tax of Rs 41.86 crore in the quarter ended June 30, 2010, an increase of 30.7 per cent over the same period last year, on the back of raw material integration. Net sales for the quarter stood at Rs 673.15 crore, an increase of 10.6 per cent. The sinter plant would be operational by August, which would complete the Rs 2,100 crore expansion programme.

Usha Martin & BOC India net result

Business Standard

Titan Industries today posted a 76.5 per cent rise in net profit at Rs 81.28 crore for the first quarter of this financial year, compared to Rs 46.04 crore in the year-ago period, on the back of sound retail growth across all brands and retail chains.

Titan net profit rises 76% to Rs 81.28 crore

Network engineering and IT services company GTL Ltd reported a decline of 40.40 per cent in its consolidated net profit at Rs 35 crore for the quarter ended June 30, over the same period last year.

GTL net dips 40% at Rs 35 crore

Press Trust of India

Ahmedabad based pharma major Zydus Cadila posted a 60 per cent rise in net profit to Rs 199 crore in the first quarter of this fiscal ending June 30 on the back of a 51 per cent rise in sales in the US.

Zydus PAT up 60% to Rs 199 cr

Higher gas volumes from its Krishna-Godavari (KG) fields on the eastern coast have led Mukesh Ambani&rsquo;s Reliance Industries (RIL) to one of its best quarterly performances till date.

RIL net rises 32% to Rs 4,851 crore

Gurgaon-based low-cost carrier SpiceJet today said it will order 30 Boeing aircraft for $2.7 billion.

SpiceJet to buy 30 Boeing aircraft for $2.7 billion

The company had reported a net profit of Rs 124.79 crore for the same quarter last year, it said in a filing to the Bombay Stock Exchange.

Cadila Healthcare, Godrej Ind Q1 result

Mangalore Refinery and Petrochemicals Ltd, an ONGC group company, has reported a 93 per cent dip in net profit on low refining margins and inventory loss during the quarter ended June 30. Net profit sunk to Rs 28.5 crore compared to Rs 420 crore in the same period last year. However, net sales rose 21 per cent to Rs 7,868 crore. Gross refining margin was $1.92 per barrel compared to $7.98 in the same quarter last year.

MRPL, Glenmark & Cairn Q1 result

Zydus Cadila, the Ahmedabad-based pharma major, posted a 60 per cent rise in net profit to Rs 199 crore in the first quarter of this financial year ending June 30, on the back of a 51 per cent rise in sales in the US.

Zydus, Ashok Leyland & Oil India Q1 result

Patni Computer Services posted net profit (India GAAP) of Rs 146.7 crore for the second quarter ended June 30, 2010 (the company follows Jan-December calendar), up 7.9 per cent from Rs 135.9 crore in the corresponding quarter last year. The company had a mark-to-market foreign exchange gain of $ 4.3 million (Rs 19.76 crore).

Patni Q2 net up 7.9% YoY

The company had posted a net profit of Rs 400.85 crore in the corresponding quarter of the last fiscal, Mahindra &amp; Mahindra (M&amp;M) said in a statement.

M&M June qtr profit up 40%

Sun TV Network reported a 42.70 per cent growth in its net profit for the quarter ended June 30, 2010 at Rs 170.96 crore as compared to Rs 119.80 crore, a year ago. Company's revenue rose by 53.12 per cent to Rs 440.44 crore from Rs 287.65 crore.

Sun TV Network June quarter net up 43%

Plywood maker Greenply Industries today posted a five per cent decline in the net profit to Rs 10.4 crore for the quarter ended June 30, 2010, over the same period last fiscal.

Greenply June qtr net down 5% at Rs 10 cr

Sun Pharmaceutical Industries today reported a 244.43 per cent jump in net profit at Rs 564.32 crore for the quarter ended June, as compared to the same period of the previous fiscal.

Sun Pharma Q1 net zooms 244% to Rs 564 cr

JM Financial, an integrated financial services group, posted a decline of 5.54 per cent in its net profit at Rs 29.47 crore for the quarter ended June compared with Rs 31.2 crore in the previous corresponding quarter. Its total income for the period rose to Rs 193.02 crore from Rs 122.74 crore, up 57.26 per cent.

JM Financial net dips 5.5% to Rs 29 cr

Real estate firm Sobha Developers today reported a whopping 170 per cent jump in net profit for the first quarter of the current fiscal at Rs 34.3 crore, on the back of a 78 per cent increase in total income.

Sobha Q1 net up 170% at Rs 34cr

MMTC, a public sector commodities trading major, reported a rise of 33.83 per cent in its net profit at Rs 55.23 crore for the quarter ended June compared with Rs 41.27 crore in the previous corresponding quarter.

MMTC June qtr net up 34% at Rs 55 cr

Tata Communications posted a net consolidated loss of Rs 281.39 crore in the first quarter ended June as compared to a loss of Rs 55.13 crore in the corresponding quarter last year.

Tata Communications Q1 net loss at Rs 281 cr

Bajaj Electricals today posted a 37 per cent jump in its net profit to Rs 22.5 crore in the quarter ended June 30, 2010, over the same period of the previous fiscal.

Bajaj Electricals June qtr net up 37% to Rs 22 cr

The company reported a net profit of Rs 287.64 crore in the same period last fiscal (2009-10), an official statement said.

Neyveli Lignite Q1 net jumps 19% to Rs 342 cr

Backed by strong growth in its US business, steel pipe maker Welspun Corp today posted a 70 per cent growth in its profit after tax (PAT) at Rs 190.6 crore for the quarter ended June 30, as compared to Rs 112 crore in the year-ago period.

Welspun Corp's June qtr PAT up 70% at Rs 190 cr

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