A big gain in net interest income pushed up the net profit of Bangalore-based public sector lender State Bank of Mysore (SBM), an associate bank of State Bank of India (SBI), for the fourth quarter ended March. For the quarter, the lender reported a 2.4 times rise in net profit at Rs 123.6 crore compared with the corresponding quarter last year. The operating profit for the quarter rose 60.4 per cent to Rs 290.9 crore.

SBM Q4 net up 2.4 times

Business Standard

Wipro Limited, India's third largest software services exporter and which also sells soaps and furniture, has posted 21 per cent increase in net profit to Rs 1209 crore for the fourth quarter of last fiscal as compared to corresponding previous year period.&nbsp; Total revenues at Rs 6983 crore, moved further by 8 per cent backed by broad based volume growth.

Wipro Q4 net up 21%, announces 2:3 bonus

State-run power major NTPC today said that due to lower interest income and income tax refunds in 2009-10, the company reported a marginal growth of 5.5 per cent in the provisional profit after tax.

NTPC profit grows 5% to Rs 8,657 cr in FY10

Press Trust of India

Global FMCG firm GlaxoSmithkline Consumer Healthcare today said its net profit rose by 14.62 per cent to Rs 96 crore for the quarter ended March 31, 2010, over the same period last year.

GlaxoSmithkline March qtr net up 15% at Rs 96 cr

Software giant Microsoft today posted a 35 per cent jump in profit at $4.1 billion in the quarter ended March 31, primarily driven by strong demand for its Windows 7 operating system.

Microsoft Q3 profit jumps 35% to $4 bn

The company had a net loss of Rs 39.98 crore during the same period corresponding fiscal.

Piramal Glass Q4 profit at Rs 11cr

Income from operations rose to Rs 417.86 crore for the year ended March 2010, compared to Rs 341.78 crore in the last fiscal, Mahindra Lifespace said in a filing to the Bombay Stock Exchange (BSE).

Mahindra Lifespace FY10 net up 20% to Rs 78.50cr

The company had a net loss of Rs 2.12 crore during the same period in the previous fiscal.

Aditya Birla Q4 profit at Rs 2.70 cr

Reliance Industries Limited (RIL) today reported a 19 per cent jump in its fourth quarter net profit on higher gas sales from its Krishna-Godavari (KG) fields on the east coast. Net profit for the January-March quarter touched Rs 4,710 crore, up from Rs 3,955 crore in the corresponding period last year.

Reliance net climbs, but misses projections

Persistent Systems, outsourced software product development services firm recorded consolidated net profit of Rs 115 crore for the year ended March 31 up by 70.2 per cent as compared to Rs 60 crore last year, Persistant&nbsp; said in a filing to the Bombay Stock Exchange (BSE). Revenue for the year increased by 1.2 per cent to Rs 601 crore.

Persistent Systems net profit up 70%

Fourth quarter results of the top four IT firms signal business recovery, though pressure on margins expected.

Wipro posts 22% jump in net profit

NTPC, the country&rsquo;s largest power producer, may raise $500 million (Rs 2,250 crore) through external commercial borrowings (ECB) this financial year if it gets favourable interest rates. The company&rsquo;s Director (Finance), A K Singhal, said they would be comfortable with a 5.6-6 per cent rate of interest.

NTPC plans $500-million ECB; March quarter net drops 8%

Procter &amp; Gamble Hygiene &amp; Health Care Ltd&rsquo;s third-quarter net profit rose 25.35 per cent to Rs 43.66 crore from Rs 34.83 crore in the year-ago period.

P&G Q3 net up 25%

The consumer healthcare arm of GlaxoSmithKline (GSK) saw a modest 14.6 per cent growth in net profit for the quarter ended March 31. It stood at Rs 96.2 crore as against Rs 83.9 crore in the corresponding period a year before. Growth in net sales, on the other hand, was in line with street expectations at 20.3 per cent, touching Rs 648.4 crore as against Rs 539 crore in the same period last year.

GSK Consumer net up 15%

Net sales declined to Rs 776.84 crore for the March quarter, compared to Rs 869.90 crore for the same period last fiscal, Areva T&amp;D said in a filing to the Bombay Stock Exchange (BSE).

Areva T&D Q1 net dips 93% to Rs 3.47 cr

HDFC Bank today reported a 32.61 per cent jump in its fourth quarter net profit at Rs 836.62 crore on the back of strong loan growth.

HDFC Bank Q4 net jumps 32% to 837cr

Public sector lender State Bank of Travancore (SBT) today said net profit rose by 13.11 per cent to Rs 217.22 crore in the quarter ended March 31 compared to the corresponding period of the previous fiscal.

SBT Q4 net up 13% to Rs 217cr

Private sector ICICI Bank's net profit jumped 31 per cent in 2009-10 to Rs 4,670 crore on higher fee income and lower expenditure.

ICICI Bank FY10 net profit jumps 31% to Rs 4,670 cr

ICICI Bank today said its consolidated net profit rose 79.27 per cent to Rs 1,341.80 crore during the quarter ended March 2010, compared to Rs 748.44 crore a year ago. The bank&rsquo;s performance was boosted by an increase in non-interest income, lower operating expenses, lower provisions for non-performing assets and a strong show by its insurance, asset management and securities arms.

ICICI Bank net profit soars 79% on tighter operations

Aided by strong growth in interest income, the country&rsquo;s second-largest private lender, HDFC Bank, today reported a 32.6 per cent increase in net profit to Rs 836.6 crore for the quarter ended March 31, 2010, compared to Rs 630.9 crore a year ago.

HDFC Q4 net up 32%

Power equipment maker Areva T&amp;D India today said its net profit declined by 93.24 per cent to Rs 3.47 crore for the first quarter ended March 31. Net sales declined to Rs 776.84 crore for the March quarter, compared to Rs 869.90 crore for the same period last financial year, Areva T&amp;D said in a filing to the Bombay Stock Exchange (BSE). On Friday, shares of Areva T&amp;D closed at Rs 282.35 on the BSE, down 3.34 per cent from its previous close.

Areva T&D Q1 net dips 93.24%

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