Growing by over 40 per cent, the company has set a new milestone by crossing the landmark figure of Rs 10,000 crore in Gross Written Premium (GWP) during FY10, the company said in a statement here.

SBI Life posts net profit at Rs 276 cr in FY10

Press Trust of India

Cholamandalam DBS Finance today said its consolidated net profit declined by 43 per cent to Rs 39.55 crore for the quarter ended March 31, 2010, over the same period last year.

Cholamandalam DBS Finance Q4 net dips 43% to Rs40 cr

Engineering firm Greaves Cotton today said its net profit jumped two-folds at Rs 33.61 crore for the third quarter ended March 31, 2010, over the same period last year.

Greaves Cotton Q3 net jumps two-fold to Rs 34 cr

The company had a net loss of Rs 37.36 crore for the same period corresponding fiscal.

Piramal Q4 net loss narrows down to Rs 33cr

Taj Gvk Hotels &amp; Resorts today said its profit from ordinary activities after tax rose by 54.05 per cent to Rs 12.17 crore for the fourth quarter ended March 31, over the same period corresponding fiscal.

Taj Gvk Hotels Q4 net up 54% to Rs 12cr

The company had a consolidated profit (after prior period adjustments) of Rs 33.2 crore during the March quarter, a year earlier. The company's full financial year ends in September.

Shree Renuka Sugars Q2 profit zooms nearly 7-fold to Rs 224 cr

Leading pipe maker Welspun-Gujarat Stahl Rohren today said its consolidated net profit jumped nearly three-folds to Rs 610 crore for the financial year ended March 31, 2010, over the same period last year.

Welspun-Gujarat FY10 net jumps three-fold at Rs 610cr

The company had a net profit of Rs 23.80 crore during the corresponding period of the previous fiscal.

JSW Energy Q4 net at Rs 273 cr, FY10 profit at Rs 745 cr

Drug firm GlaxoSmithKline (GSK) Pharmaceuticals today reported a net profit of Rs 161.19 crore for the quarter ended March 31, 2010, an increase of 12.5 per cent as compared to the same period last year.

GSK Q1 net up by 12% to Rs 161cr

Total income declined to Rs 2,385.45 crore for the March quarter, compared to Rs 2,654.88 crore during the same period corresponding fiscal, Petronet LNG said in a filing to the Bombay Stock Exchange (BSE).

Petronet LNG Jan-March net profit down 52%

Agrochemicals producer Nagarjuna Agrichem Limited (NACL) reported a 15.96 per cent increase in net profit to Rs 12.86 crore for the quarter ended March 2010, compared with Rs 11.09 crore in the corresponding quarter previous year. Sales, however, declined marginally by 1.9 per cent to Rs 140.02 crore from Rs 142.77 crore in the same period.

Nagarjuna Agrichem net up 13%

Business Standard

Bharat Electronics Ltd (BEL), which is looking to increase its turnover from indigenously-developed products, has hiked its research and development (R&amp;D) budget by 15.3 per cent to Rs 300 crore for 2010-11. Last year, the company spent Rs 260 crore on R&amp;D.

BEL ups R&D budget by 15% for FY11

Private sector lender YES Bank recorded a 74.8 per cent increase in net profit to Rs 140 crore for the quarter ended March 31, compared to Rs 80.1 crore a year ago, pertaining to strong growth in fee income and interest income.

YES Bank net up 75%

Riding on low cost of distribution, SBI Life Insurance, the largest private life insurer, posted a net profit of Rs 276 crore for the financial year ended March 31, 2010. It had reported a net loss of Rs 26 crore in 2008-09, arising out of adverse market conditions.

SBI Life back in black

Public sector lender Dena Bank posted a 23.39 per cent increase in net profit to Rs 137.07 crore for the quarter-ended March 31, compared with Rs 111.17 crore in the corresponding period a year ago. The rise is mainly attributed to robust interest and other incomes.

Dena Bank net up 23%

Higher vaccine sales and new product launches helped GlaxoSmithKline Pharmaceuticals post a net profit of Rs 161.2 crore for the first quarter ended March 31. This was 12.5 per cent higher than the Rs 143.3 crore net profit for the same quarter last year.

GSK net profit rises 12%

Power company PTC India today reported a decline of 11 per cent in its net profit at Rs 13.8 crore for the fourth quarter ended March 31, 2010, over the same period last year.

PTC India Q4 net dips 11% to Rs 13.8cr

Bangalore-based public sector lender, Canara Bank, today reported 30 per cent drop in net profit at Rs 503 crore for the fourth quarter ended March 31, 2010 compared to the corresponding quarter last year. The total income was flat at Rs 5,500 crore during the quater.

Canara Bank Q4 net drops 30%

Total income rose to Rs 5,120.7 crore for the quarter ended March 31, 2010, from Rs 4,992.4 crore in the same period last fiscal, Bank of Baroda said in a filing to the Bombay Stock Exchange (BSE).

Bank of Baroda Q4 net up 20% to Rs 906 cr

Total income rose to Rs 607.5 crore for the quarter ended March 2010 from Rs 569 crore in the same period in the previous fiscal, Marico said in a filing to the Bombay Stock Exchange.

Marico Q4 net up 15% to Rs 51cr

Bharti Airtel, the country's largest telecom operator, today posted its first fall in earnings in three years as cut-throat competition dented margins leading to an 8 per cent drop in net profit to Rs 2,060 crore in the fourth quarter.

Bharti profits drop first time in 3 yrs, net at Rs 2,060 cr

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