Setting a positive tone for the IT sector's quarterly earnings performance, Infosys Technologies, India's second-largest IT services provider, marginally beat market expectations to post a 7.5 per cent increase in consolidated (Indian GAAP) net profit to touch Rs 1,540 crore for the second quarter ended September 30, 2009 against the corresponding period of the last financial year. Its top-line grew 3 per cent to touch Rs 5,585 crore.

Infosys suggests better times ahead; Q2 net up 7.5% YoY

Business Standard

Drug research firm Piramal Life Sciences today reported a net loss of Rs 31.47 crore for the quarter ended September 30, 2009, while it had a net loss of Rs 26.31 crore in the corresponding period last fiscal.

Piramal Life Sciences Q2 net loss at Rs 31cr

Press Trust of India

The company had a net loss of Rs 26.31 crore in the corresponding period last fiscal.

Piramal firm qtr net loss at Rs 31.47 cr

Tiles maker Kajaria Ceramics has reported a jump of 51 per cent in its profit after tax to Rs 8.77 crore for the second quarter ended September 30, over the corresponding period a year ago.

Kajaria Ceramics Sept qtr profit rises 51%

Plastic products maker Sintex Industries today reported a 31.70 per cent decline in its consolidated net profit to Rs 57.2 crore for the second quarter ended September 30, 2009, over the same period last year.

Sintex Industries Q2 net dips 32%

Private sector lender Axis Bank recorded a 31.95 per cent rise in its standalone net profit at Rs 531.64 crore for the second quarter ended September 30, 2009, as compared to Rs 402.91 cr in the same period a year ago.

Axis Bank Q2 net up 32% at Rs 531.64 cr

The financial major had a net profit of Rs 534.23 cr in the September quarter last fiscal, HDFC said in a filing to the Bombay Stock Exchange (BSE).

HDFC Q2 net rises 24% at Rs 664 cr

Brokerage firm Geojit BNP Paribas Financial Services has clocked a net profit of Rs 13.06 crore in the second quarter this fiscal, registering a 150 per cent growth over Rs 5.22 crore in the same period last year.

Geojit BNP Paribas Q2 net zooms 150%

Punjab &amp; Sind Bank, one of the two unlisted public sector banks in the country, is aiming to dilute government holding by 20-25 per cent through an initial public offer (IPO) in the first half of the next financial year.

Punjab & Sind Bank IPO likely before Sept 2010: CMD

In the quarter ended June 2009, the bank had recorded a net loss of Rs 35.3 crore. It expects a turnaround in 6-9 months. Total income, comprising interest and other income, in the reporting quarter fell to Rs 145.74 crore from Rs 201.31 crore.

DCB Q2 net loss at Rs 16.9 crore

The bank had a net profit of Rs 527.98 crore in the September quarter of FY09, HDFC Bank said in a filing to the Bombay Stock Exchange (BSE).

HDFC Bank Q2 net jumps 30% at Rs 687.46 cr

Technology solutions provider Infotech Enterprises today said its consolidated net profit stood at Rs 35.33 crore for the quarter ended September 30, 2009, while it had a net profit of Rs 34.91 crore in the same period last year.

Infotech Enterprises Sep qtr profit at Rs 35.33 cr

Can Fin Homes, a Canara Bank sponsored housing loan subsidiary, has reported a 22.2 per cent rise in its net profit at Rs 10.2 crore for the second quarter ended September 30, 2009 compared to the corresponding quarter last fiscal.

Can Fin Homes net up 22% in Q2

Public sector lender State Bank of Indore today reported 25.69 per cent rise in its net profit at Rs 78.62 crore for the second quarter ended September 30, over the corresponding period a year earlier.

State Bank of Indore Q2 profit rises 25% to Rs 78 cr

Indusind Bank has clocked a 131 per cent jump in net profit at Rs 77.82-crore in Q2 FY10 as against Rs 33.66-crore in year-ago period.

Indusind Bank Q2 net zooms 131% at Rs 77.8 cr

Banco Products (India), a leading manufacturer of aluminium radiators, has posted a net profit of Rs 21-crore, up 99 per cent, for the quarter ended September 30, as against Rs 11-crore in the corresponding period last fiscal.

Banco Products net up 99% at Rs 21-cr

State-owned Container Corporation of India today said its net profit declined by 8.64 per cent to Rs 204.34 crore for the second quarter ended September 30, over the same period last year.

Container Corporation Q2 net dips 8.64% to Rs 204 cr

Net sales rose to Rs 316.64 crore in the latest quarter, against Rs 279.68 crore in the same period corresponding fiscal, Rallis India said in a filing to the Bombay Stock Exchange.

Rallis India Sep qtr net up 9.9% to Rs 45.71 cr

Real estate firm Parsvnath Developers today reported a nearly three-fold growth in consolidated net profit at Rs 61.43 crore for the second quarter ended September 30, and said it expects the coming quarters to be more robust.

Parsvnath Q2 net up three fold to Rs 61.43 cr

Strong non-core income growth pushes revenues.

HDFC Bank Q2 net up 30 per cent

Aided by strong growth across its core and non-core businesses, IndusInd Bank registered a 130 per cent rise in net profit to Rs 77.82 crore in the quarter ended September 2009 as against Rs 33.6 crore in the year-ago quarter.

IndusInd Bank net jumps 130% to Rs 78 crore

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