Despite a dip in revenues, Great Eastern Shipping today reported 11 per cent jump in net profit at Rs 171.80 crore on foreign currency gains during the quarter ended June 30, 2010, over the same period last fiscal.

GE Shipping Q1 net up 11% on forex gains; revenues dip

Press Trust of India

State-owned Oil and Natural Gas Corporation (ONGC) today reported a 24.5 per cent decline in its net profit at Rs 3,661.14 crore for the quarter ended June 30, as its fuel subsidy payout jumped nearly 12-folds.

ONGC Q1 net dips 24% on higher subsidy burden

State-owned Steel Authority of India (SAIL) today said its profit for the first quarter of the current fiscal declined by 11.57 per cent to Rs 1,176.55 crore mainly due to lower sales and high input cost.

SAIL Q1 net down 12% to Rs 1,176 cr

Bharat Forget today reported a consolidated net profit of Rs 62 crore for the first quarter ended June 30, 2010. The company had a loss of Rs 46 crore in the same quarter last year.

Bharat Forge Q1 profit at Rs 62 cr

Business Standard

The country's largest denim manufacturer Arvind today reported a profit of Rs 20 crore for the quarter ended June as against a loss of Rs 3 crore in the corresponding period a year ago.

Arvind back in black with Rs 20 cr Q1 profit

India's largest footwear-maker Bata posted a healthy 40 per cent rise in its net profit during the quarter ended June 30, at Rs 25.90 crore, up from the Rs 18.34 crore in the corresponding period last year.

Bata clocks a healthy 40% profit in June qtr

The company had reported a net profit of Rs 15.66 crore in the corresponding period of the last fiscal, Omaxe said in a statement.

Omaxe Q1 net jumps 39% to Rs 22 cr

State-run Central Bank of India today posted a 26 per cent jump in its net profit at Rs 337 crore for the quarter ended June 30, 2010, as against Rs 267 crore in the same period last year, aided by a jump in its interest income.

Central Bank net up 26%; plans to raise Rs 2,500 cr

Leading real estate group Puravankara Projects today announced that its consolidated net profit went up 258 per cent at Rs 36.7 crore in the quarter ended June, compared to Rs 10.2 crore in the corresponding period last fiscal.

Puravankara's Q1 profit zooms 258% at Rs 37 cr

Germany-based Siemens AG's arm Siemens India today posted over 50 per cent decline in its net profit for the quarter ended June 30, 2010 at Rs 156.12 crore.

Siemens India's net trips 50% at Rs 156 cr

After posting a healthy profit of Rs 557.8 crore in the June quarter today as against a Rs 23-crore loss in the year-ago quarter, Tata Teleservices Maharashtra (TTML) said it has lined up a capex of Rs 900 crore for the current fiscal to fuel its business.

TTML Q1 net soars to Rs 558 cr; to invest Rs 900 cr

Bank of Maharashtra today reported a growth of 16.34 per cent in net profit of Rs 118.43 crore for the quarter ended June 30, 2010, over the same period last year.

Bank of Maharashtra Q1 net up 16% at Rs 118 cr

Industrial and automotive battery-maker Amara Raja Batteries reported a 16 per cent decline in net profit at Rs 35.72 crore for the quarter ended June 30, 2010, compared with Rs 42.57 crore in the corresponding quarter in the previous year. Net sales, however, increased 45.8 per cent to Rs 446.62 crore from Rs 306.37 crore in the same period.

Amara Raja net down, turnover up

Pennar Industries, a manufacturer of steel strips and engineering products, reported a 52.7 per cent increase in net profit to Rs 16.46 crore for the quarter ended June 30, 2010, as against Rs 10.78 crore in the corresponding quarter last year. Revenues during the quarter stood at Rs 259.21crore, up 43.1 per cent as compared with Rs 181.20 crore.

Pennar Q1 net up 52.7%

DQ Entertainment (International) Limited, a Hyderabad-based animation, gaming and entertainment company, reported a net profit of Rs 26.7 crore for the year ended March 2010, as compared with Rs 16.12 crore in the previous year, reflecting a growth of 66 per cent. Revenues were up 17 per cent to touch Rs 175.5 crore, as against Rs 149.8 crore, an increase of per cent.

DQE FY10 net up

Momentum expected to continue; Rs 2,000-crore bond issue on the cards.

Surge in loans, deposits lift Bank of Baroda net 25.4%

State-run Central Bank of India on Thursday posted a 26 per cent jump in its net profit for the quarter ended June 30 to Rs 337 crore as compared to Rs 267-crore in the same period last year, helped by healthy growth in loans, despite lower trading gains.

Central Bank net up 26%

State-owned Oriental Bank of Commerce on Thursday reported 41 per cent growth in net profit at Rs 363 crore for the first quarter ended June 30, against Rs 257 crore in the same quarter last year, on the back of healthy growth in interest income of 118 per cent.

OBC profit up 41%

State-owned Andhra Bank posted a 25.04 per cent rise in net profit to Rs 320.4 crore for quarter ended June 30, compared with Rs 256.22 crore in the corresponding period last year, on the back of a sharp increase in net interest income (NII).

Andhra Bank net rises 25%

Bank of Maharashtra today reported a growth of 16.34 per cent in net profit of Rs 118.43 crore for the quarter ended June 30, over the same period last year.

BoM net up 16%

Dewan Housing Finance Corporation (DHFL) reported a 64 per cent rise in net profit at Rs 51.24 crore for the quarter ended June 30, compared to Rs 31.26 crore last year. Total income grew 40 per cent to Rs 298.9 crore from Rs 213.87 crore for the corresponding period last year.

DHFL net up 64 %

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