Realty giant Unitech today reported a jump of 29.37% in consolidated net profit for the quarter ended December 31 at Rs 176.01 crore, thereby signaling a revival of demand.

Unitech reports 29% profit at Rs 176 cr

Press Trust of India

Engineering equipment maker Thermax Ltd today said its net profit declined by 21.84% to Rs 56.50 crore for the third quarter ended December 31, over the same period corresponding fiscal.

Thermax Q3 dips 22% to Rs 56 cr

The company had a consolidated net profit of Rs 1,444.17 crore for the same quarter last fiscal.

RCom Q3 net falls 19% to Rs 1,165 cr

Reliance Communications (RCom), the third-largest telecommunications company in the country, posted a 21.4 per cent decline in net profit for the third quarter ended December 31, 2009, at Rs 1,108 crore, compared with Rs 1,410 crore in the same quarter the previous financial year.

RCom net slides 21.4%

Business Standard

Reliance Capital, the financial services arm of the Reliance-Anil Dhirubhai Ambani (R-ADA) group, reported a 52 per cent fall in consolidated net profit at Rs 63 crore for the quarter ended December 31, 2009, against Rs 132 crore in the same quarter the previous financial year.

Reliance Cap net drops 52%

Net profit of the bank stood at Rs 205.72 crore in the third quarter of 2009-10 against Rs 358.37 crore in the corresponding period last year.

Syndicate Bank net dips 42.6% to Rs 205.72 cr

Oil India Ltd (OIL), the country&rsquo;s second-largest state-owned explorer, has posted a 23 per cent increase in net profit for the quarter ended December 2009 on the back of higher price realisation due to a reduced subsidy outgo.

Oil India net profit up 23%

Unitech Ltd, the country&rsquo;s second-largest developer, posted a 29 per cent increase in its net profit for the December quarter, on the back of improved home bookings. Unitech registered a consolidated net profit of Rs 176 crore in the quarter, compared to Rs 136 crore in the corresponding quarter the previous year.

Unitech net climbs 29%

Public sector lender Bank of Maharashtra reported a 7 per cent drop in net profit to Rs 112 crore for the quarter ended December 2009 against Rs 120.6 crore in the year-ago quarter. Net interest income, or the difference between interest earned and interest paid, grew 5 per cent to Rs 361 crore from Rs 343 crore in the December 2008 quarter.

Bank of Maharashtra net down 7%

Debt-laden wind energy major Suzlon Energy has posted a net profit of Rs 14.1 crore for the third quarter, ended December 31, 2009, against a net loss of Rs 64.87 crore in the third quarter of the previous last year.

Suzlon net rises 14%

Private sector lender City Union Bank on Saturday said its net profit rose by 26.55 per cent to Rs 40.65 crore for the third quarter ended December 31, over the corresponding period last year.

City Union Bank net up 26.55%

Jammu and Kashmir (J&amp;K) Bank has posted over 19 per cent rise in net profit at Rs 139.99 crore for the third quarter of 2009-10 on the back of high non-interest income. The bank had registered a net profit of Rs 120.67 crore in the same quarter last year, a J&amp;K Bank spokesman said today. Operating profit increased by 31 per cent during the same period.

JK Bank net profit rises 19%

Karur Vysya Bank has reported a net profit of Rs 75.87 crore for the quarter ended December 2009, registering an increase of 28 per cent over the corresponding period previous year. The bank had reported a net profit of Rs 59.25 crore in the same period last year, Karur Vysya Bank said in a filing to the Bombay Stock Exchange.

KVB net profit jumps 28%

Hinduja Group flagship company Ashok Leyland today reported 455 per cent jump in net profit for the quarter ended December at Rs 104.63 crore on the back of robust sales growth.

Ashok Leyland Q3 net jumps 455% at Rs 105cr

Realty firm Parsvnath Developers today reported a robust jump of over fourfold in consolidated net profit at Rs 24.90 crore for third quarter ended December.

Parsvnath Developers Q3 net jumps fourfold to Rs 25 cr

Construction company Gammon India today reported a profit after tax (PAT) of Rs 20.87 crore for the third quarter ended December 2009, whereas the same was at Rs 510 crore a year earlier.

Gammon India Q3 PAT at Rs 21 cr

Public sector Andhra Bank today said its net profit for the quarter ended September 30 grew 70 per cent to Rs 274 crore from Rs 162 crore in the corresponding period last year.

Andhra Bank posts Rs 274 cr net profit

Public sector lender Bank of Maharashtra&rsquo;s net profit for the July-September quarter rose 22.86 per cent to Rs 86.68 crore from Rs 70.55 crore in the same period a year ago.

BoM net up profit 23%

Private sector lender Lakshmi Vilas Bank today reported a nearly four-fold rise in net profit to Rs 44.66 crore for the six months ended September 2009 on the back of growth in all verticals.

LVB H1 net jumps four-fold

A mark-to-market (MTM) loss of Rs 284.4 crore caused drug major Wockhardt to post a net loss of Rs 54 crore in the third quarter ended September as against a net profit of Rs 62.2 crore in the corresponding quarter of last year. Consolidated sales revenues stood at Rs 922.7 crore, a growth 2.23 per cent over the Rs 902.5 crore posted in the year-ago period.

Wockhardt bleeds due to Rs 284-crore hit

The country&rsquo;s second-largest real estate developer, Unitech Ltd, registered a 50.7 per cent decline in the net profit during the quarter ended September 30 due to sluggish demand in the housing sector. The net profit was reported at Rs 177.86 crore for the quarter, compared with Rs 358.92 crore in the corresponding quarter in the previous financial year.

Unitech net profit halves

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