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

Press Trust of India

It had reported a net profit of Rs 104.28 crore for the corressponding period a year ago, Dabur said in a statement.

Dabur Q4 net up by 30% to Rs 135cr

The company had a net loss of Rs 161.23 crore for the same period in the corresponding fiscal.

JSL Q4 net at Rs 118cr

Commercial vehicles maker Eicher Motors today reported an&nbsp;over twofold jump in its net profit for the first quarter ending March 2010, at Rs&nbsp;40.21 crore on account of higher sales and cost efficiency measures.

Eicher Q1 net surges two-fold to Rs 40 cr

Balrampur Chini Mills today said its net profit declined by 58.37 per cent to Rs 27.55 crore in the quarter ended March 31, compared to the corresponding period of the previous fiscal.

Balrampur Chini Q2 net dips 58% to Rs 28 cr

Balaji Telefilms today posted a net profit of Rs 3.38 crore for the fourth quarter ended March 31, compared to a net loss of Rs 14.62 crore during the corresponding period of the previous fiscal.

Balaji turns around, posts Q4 net of Rs 3.38 cr

Zydus Wellness Ltd posted a 90 per cent jump in net profit for the fiscal ended March 31, 2010 to Rs 45.3 crore from Rs 23.8 crore on the back of strong performance in its popular brands &ndash;Sugar Free, EverYuth and Nutralite. Net sales for the year grew by 38 per cent on a year on year basis to Rs 268.1 crore from Rs 194.8 crore last fiscal.

Zydus Wellness net profit up 90% to Rs 45.3 crore

Business Standard

LIC Housing Finance (LICHF) has reported 35.51 per cent growth in net profit at Rs 231.51 crore for the quarter ended March 31, compared with Rs 157.56 crore a year ago.

LIC Housing profit up 35.5%

Public sector lender Bank of Baroda (BoB) posted a 20.4 per cent rise in net profit for the quarter ended March on the back of a steady performance of its core operations. A one-time gain of Rs 81.45 crore through sale of its stake in UTI AMC and UTI Trustee also helped the bank to increase its profit to Rs 906.28 crore from Rs 752.69 crore in the year-ago period.

Bank of Baroda Q4 net profit up 20.4%

Bangalore-based public sector lender Canara Bank has reported a 30 per cent drop in net profit at Rs 503 crore for the fourth quarter ended March 31, compared with the corresponding quarter last year. The drop in net profit was mainly due to additional provisioning of Rs 400 crore towards non-performing assets (NPAs) and another Rs 70 crore towards floating provisions. A fall of 16.1 per cent in other income at Rs 710 crore also added to the drop.

Canara Bank net slumps 30%

Falling call rates due to rising competition pulled Bharti Airtel&rsquo;s net profit down eight per cent for the fourth quarter ended March 31. The fall, the first in three years, comes at a time when the country&rsquo;s top mobile service provider is looking to quickly integrate its $9 billion purchase of Zain Telecom&rsquo;s African assets &mdash; as early as mid-May.

Bharti Q4 profit falls 8%

The consolidated net profit of Dabur Ltd increased by 29.7 per cent to touch Rs 135.3 crore for the quarter ended March 31, compared to Rs 104.3 crore for the corresponding period a year ago. Net sales increased 16 per cent for the quarter to touch Rs 848.8 crore, as against Rs 731.65 crore last year.

Dabur net up nearly 30%, sales by almost 16%

Taj GVK Hotels and Resorts Limited posted a 54 per cent increase in net profit to Rs 12.17 crore for the quarter ended March 31, 2010, from Rs 7.9 crore during the same period last year. Revenues during the quarter stood at Rs 63.34 crore, up 11.23 per cent from Rs 56.94 crore last year.

Taj GVK net up 54%

Pharma major Biocon Ltd today posted a jump of over three-fold in its consolidated net profit to Rs 80.62 crore for the fourth quarter ended March 2010, compared to Rs 24.88 crore of the year-ago period.

Biocon Q4 profit up three-fold to Rs 81 cr

ArcelorMittal today reported a net income of $679 million in the first three months of this year mainly on account of improved steel demand.

ArcelorMittal posts $679 mn profit in Q1

Mumbai-based automotive company Premier, today announced a 151 per cent jump in net profit at Rs 3.84 crore for the quarter ended March 31, 2010 as a against a net profit of Rs 1.53 crore posted in the same quarter a year earlier.

Premier reports net of Rs 3.8 cr in Q4

Public sector lender Oriental Bank of Commerce today reported a growth of 76 per cent in net profit at Rs 317 crore for the fourth quarter ended March 31, 2010, over the same period last year.

OBC Q4 net up 76% at Rs 317 cr

Shriram Transport Finance, India largest provider of finance for used commercial vehicles, today announced a consolidated net profit of Rs 264 crore for the quarter ended March 31, 2010, an increase of 72 per cent compared to the same quarter a year earlier when it reported a net profit&nbsp; of Rs 153 crore.

Shriram Transport net rises 72% to Rs 264 cr

Public sector lender Andhra Bank today said its net profit rose by 19.40 per cent to Rs 240.26 crore for the fourth quarter ended March 31, over the same period last fiscal.

Andhra Bank Q4 net up 19% to Rs 240 cr

Indian Overseas Bank (IOB) announced today its fourth quarterly results where its net profit dropped to Rs 127 crore, down by 60 per cent for the quarter ended March 31, 2010 as against Rs 322 crore posted in the same quarter a year ago.

IOB net drops 60% in Q4

RPG Group company, CESC Ltd, today reported a net profit of Rs 100 crore for the fourth quarter ending March 31, registering 6.38 per cent rise over the corresponding period last year.

CESC Q4 net up 6.3%

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