Cairn India&rsquo;s net profit jumped by 60 per cent thanks to the other income and reversal of deferred tax liability of Rs 264.79 crore.

Cairn India Q2 net jumps 60% at Rs 469 cr

Business Standard

Novartis India today reported a 13.94 per cent jump in its net profit at Rs 33.3 crore for the second quarter of the current financial year.

Novartis Q2 net up 14% at Rs 33 cr

The company had a net profit of Rs 562.94 crore in the same period last fiscal.

Grasim Industries Q2 net at Rs 882 cr

Press Trust of India

The company had a net loss of Rs 68.64 crore in the September quarter last fiscal, JSL said in a filing with the Bombay Stock Exchange (BSE).

JSL back in black with Rs 62.75 cr profit in Q2

PNB, Corp Bank and Vijaya Bank&rsquo;s profits rise.

Higher provisioning drags BOI, IOB net down

Bangalore-based public sector lender Vijaya Bank today said it is looking to a business growth of 22 per cent, to Rs 1,10,000 crore. This will comprise of Rs 64,000 crore under deposits and Rs 46,000 crore under advances for year-ending March 2010 compared to the last financial year.

Vijaya Bank targets 22% growth in business

A sharp increase in interest costs has caused Glenmark Pharmaceuticals to post a consolidated net profit of Rs 80.9 crore for the second quarter, 31 per cent lower than the Rs 117.3 crore for the previous corresponding quarter.

Glenmark Pharma net dips 31%

Sales, however, dip over 13% to Rs 12,663 crore.

ONGC net profit up 6% at Rs 5,090 crore

Riding on lower under-recoveries, state-run Bharat Petroleum Corporation (BPCL) reported a loss of Rs 159 crore for the second quarter of the current financial year &mdash; 94 per cent lower than the Rs 2,625-crore loss in the same period last year.

BPCL posts 94% decline in losses

The Oudh Sugar Mills has recorded a loss after tax of Rs 3.27 crore for the quarter ended September 2009, against a loss of Rs 8.54 crore for the same period last financial year. The company posted a profit before depreciation and tax (PBDT)of Rs 4.75 crore in the quarter under consideration, against a loss of Rs 6.83 crore in the corresponding quarter last financial year.

Oudh Sugar & HNG Q2 results

Sterlite Industries, India&rsquo;s largest base metals producer, on Thursday said its net profit for the quarter ended September 30 fell by 25 per cent to Rs 959 crore as the prices of metals fell. The company reported Rs 1,280 crore net profit in the corresponding quarter of the previous year.

Sterlite net drops 25%

Food company Britannia Industries has reported an increase of 11 per cent in its net profit at Rs 59.07 crore for the second quarter ended September 30, 2009, compared with the corresponding quarter last year, on the back of recent launches and its focus on the Rs 5 price point.

Britannia net up 11% for Q2

Tata Power Company reported a 28 per cent fall in net profit at Rs 182.1 crore for the second quarter ended September, compared to Rs 252.9 crore for the corresponding quarter last year.

Tata Power net down 28%

Rural Electrification Corporation (REC), the state-owned power sector financier, posted a 60 per cent rise in net profit for the quarter ended September 2009 on the back of higher loan disbursements. The company recorded a net profit of Rs 494.3 crore in the three months ended September, compared with Rs 308.7 crore posted in the corresponding period last year.

REC net up 60 per cent

Voltas, the Tata Group&rsquo;s air conditioning and engineering services provider, posted a 50 per cent rise in net profit at Rs 92 crore. The company&rsquo;s income from operations also increased by 11 per cent to Rs 1,098 crore.

Voltas profit up 50%

Grasim Industries, part of the Aditya Birla group, has posted a rise of 60.51 per cent in its&nbsp; consolidated net profit at Rs 780.77 crore for the quarter ended 30 September compared with Rs 486.43 crore in the previous corresponding quarter. The company&rsquo;s net sales during the period grew to Rs 4,682.28 crore from Rs 4,449.04 crore last year, up 5.24 per cent.

Grasim Q2 net up 60.5%

India&rsquo;s biggest utility vehicle (UV) and tractor manufacturer, Mahindra &amp; Mahindra, today posted its highest standalone quarterly net profit, at Rs 702.94 crore in the quarter ended September 30, surpassing expectations of most equity analysts tracking the company.

M&M net profit far better than expected

The country&rsquo;s top real estate player, DLF Ltd, registered a 77 per cent drop in its net profit during the quarter ended September, as demand for real estate continued to be sluggish compared to last year.

DLF net drops substantially on sluggish real estate demand

Tata Chemicals posted a 19.76 per cent drop in consolidated net profit at Rs 222.83 crore during the second quarter, while income fell 53.24 per cent to Rs 2,241.79 crore. Operational profit fell 59 per cent to Rs 296.75 crore.

Tata Chemicals net falls 20% to Rs 223 crore

Ruchi Soya Industries, the market leader in edible oils and soya foods industry, has posted 40.86 per cent rise in net profit at Rs 48.26 crore for the quarter ended September 30, 2009, as compared with Rs 34.25 crore in the corresponding period last year.

Ruchi Soya net rises 41%

Colgate-Palmolive (India) posted a standalone net profit of Rs 89.7 crore compared with Rs 63.5 crore in the same period last year &mdash; a rise of around 41 per cent for its third quarter ended September 30. Revenue grew by 16.8 per cent to Rs 502.8 crore from Rs 430 crore for the same period.

Colgate-Palmolive, Guj NRE, P&G Hygiene & BGR Energy Q2 result

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