Shipping Corporation of India today said its net profit declined by 87.74 per cent to Rs 33.7 crore for the second quarter ended September 30, 2009, over the same period last year.

SCI Q2 net dips 88% to Rs 34 cr

Press Trust of India

Hyderabad-based Nagarjuna Construction Company Limited (NCCL) reported a marginal 3.8 per cent rise in net profit at Rs 43.92 crore for the quarter ended September 2009, against Rs 42.30 crore posted in the same period last year.

Nagarjuna Construction net up 4% at Rs 44 cr

Business Standard

Tata Motors today reported a Rs 329-crore consolidated loss for the quarter ended June 30, against a Rs 720- crore profit in the corresponding period a year earlier. The prime cause was the loss from Jaguar Land Rover (JLR) of Britain, its acquisition of last year.

Tata Motors posts Rs 329 cr consolidated loss in Q1

The rupee&rsquo;s depreciation against the dollar, coupled with a drop in volumes across all segments of products and services, led to hardware and systems integrator HCL Infosystems post a 7.2 per cent year-on-year fall in profit after tax (PAT) for the quarter ended June 30. PAT for the quarter was Rs 60.4 crore, compared with Rs 65.1 crore in the year ago period.

HCL Infosystems' Q4 net down 7%

Omaxe net dips 73.6% Real estate player Omaxe on Friday reported 73.6 per cent decline in its consolidated net profit for the quarter ended June 30 at Rs 14.96 crore as against Rs 56.67 crore in the year-ago period. The consolidated net profit during the first quarter also dipped 66.06 per cent to Rs 118.91 crore from Rs 350.33 crore in the same period last year, the company said in a statement.

Omaxe, Great Eastern Shipping & Nalco Q1 result

Moser Baer posts Rs 2.76-crore profit
Moser Baer India, the optical storage manufacturer, has posted a net profit of Rs 2.76 crore for the first quarter ended June 2009, compared with a net loss of Rs 103.98 crore for the quarter ended June 30, 2008. Total income has increased to Rs 563.40 crore from Rs 496.8 crore for the quarter ended June 30, 2008.
Deccan Chronicle net up
Hyderabad-based publisher of newspapers and periodicals, Deccan Chronicle Holdings Ltd, has posted a 26.3 per cent

Moser Baer, Deccan Chronicle & Somany Ceramics Q1 result

Syndicate Bank reported an almost three-fold growth in net profit at Rs 261.57 crore in the first quarter of the current financial year compared to the corresponding quarter of the last financial year. The rise in net profit was because of a 16 per cent growth in net interest income at Rs 585.70 crore and nine-fold growth in treasury income at Rs 270 crore.

Syndicate Bank, Federal Bank Q1 result

Dhanalakshmi Bank increased its net profit to Rs 10.12 crore in Q1 compared with Rs 9.52 crore in the corresponding period of the previous financial year. The total income increased from Rs 99.95 crore to Rs135.60 crore during the period.

Dhanalakshmi, City Union Bank Q1 result

Noida Toll Bridge Company Ltd, which operates the Delhi-Noida-Delhi flyway, has reported a 5.4 per cent fall in profit at Rs 6.9 crore in the quarter ending June 30. The profit for the same period last year was at Rs 7.3 crore. The fall in profit is due to a higher provision of taxes in the current quarter for minimum alternative tax and deferred tax liability.

Noida Toll Bridge, Sona Koyo Steering Q1 result

Everest eyes 40% growth in FY 2009-10

Elecon Engineering Company Ltd., a material handling equipments and transmission products manufacturer, has recorded a net profit after tax of Rs.8.50 crore as against Rs.

Elecon Engineering net down by 28.8%

Reliance Communications (Rcom), the integrated telecom company, has had an 8.3 per cent rise in consolidated net profit at Rs 1,637 crore for the quarter ended June 30, beating market expectations. For the comparative quarter of the previous financial year, the company&rsquo;s net profit stood at Rs 1,512 crore. Analysts were expecting the company to earn around Rs 1,200 crore in the reporting quarter.

RCom Q1 net profit rises 8%

Indian Hotels Company (IHCL), owner of the Taj brand (and one of the hotels in Mumbai which suffered a terror attack last year), today declared a drop of 73.2 per cent in net profit at Rs 16.44 crore for the first quarter, as turbulent economic conditions globally impacted foreign inflow into the country. The company, which is also India&rsquo;s biggest hotel company, operating under four brands, had reported a net profit of Rs 61.3 crore last year.

Indian Hotels' Q1 net dives

Britannia Industries, India&rsquo;s largest bakery and dairy products company, has reported an 18 per cent increase in net profit at Rs 47 crore for the first quarter of the current financial year, as against the corresponding period last year. Net sales at Rs 731 crore was up 5 per cent.

Britannia net profit up 18%

Tata Power, the country&rsquo;s largest private power company, has reported an over two-fold jump in its net profit, at Rs 397 crore during the April-June quarter, owing to lower volume of high-cost power purchased from outside.

Tata Power's net grows two-fold

Unitech, the second largest real estate developer of the country, reported a decline of 63 per cent in its net profit for the first quarter of FY10. The company reported a net profit of Rs 157.77 crore for the quarter ended June 30 as compared with a profit of Rs 423.31 crore for the corresponding period last year.

Unitech, TVS Motor & Aurobindo Q1 result

Consumer durables major Videocon Industries on Friday reported a 51.24 per cent decline in its net profit at Rs 124.35 crore for the quarter ended June 30. Income from operations declined to Rs 2,461.37 crore for the latest quarter of current fiscal from Rs 2,612.90 crore in the corresponding period last year, Videocon Industries said in a filing to the Bombay Stock Exchange.

Videocon Industries, Reliance Capital & Aban Offshore Q1 result

Film and entertainment services company Adlabs Films Ltd, a member of the Reliance ADA group, has posted a consolidated net loss of Rs 64 crore for the first quarter ended June 30, compared with Rs 33.87 crore recorded last year.

Adlabs Films, ABB India & Whirlpool Q1 result

On the back of 14 per cent growth in sales in the first quarter of financial year 2009-10, two-wheeler makers have reported 24 per cent growth in sales in July. The segment comprises motorcycles and scooters. The growth is a result of low base as annual sales growth last year was a mere 3 per cent.

Bike sales grow 24% in July

GMR Infrastructure, the Bangalore-based infrastructure major, today reported a massive drop of 70 per cent in its net profit at Rs 22.5 crore for the first quarter ended June 30, 2009 compared to the corresponding quarter last year. The sales income for the quarter, however, rose by 33 per cent to Rs 1,177.5 crore compared to the year ago period.

GMR Infra, Simplex Infra, Shriram EPC & Teledata Q1 result

Chennai-based infrastructure company Marg Limited has reported a marginal 6 per cent growth in net profit for the quarter ended June 30, 2009 to Rs 11.07 crore as against Rs 10.35 crore in the same quarter last year. Net income increased to Rs 122.67 crore as against Rs 80.72 crore in the year-ago period. Total expenditure also increased to Rs 102.45 crore as against Rs 63.53 crore.

Marg, Take Solutions & ING Vysya Bank Q1 result

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