Aided by a robust growth in treasury, foreign exchange income and recoveries, Union Bank of India reported a growth of 93.86 per cent in its first quarter net profit at Rs 442.19 crore.

Union Bank Q1 net soars 94%, Indian Bank posts 52% hike

Business Standard

Hit by volatile crude oil prices, Oil and Natural Gas Corporation (ONGC), the country&rsquo;s largest oil exploration and production company, today reported a 26.94 per cent dip in its net profit for the quarter ended June 30. Net profit for the quarter was Rs 4,848 crore as against Rs 6,636 crore last year. The company&rsquo;s turnover during the quarter slipped 25.84 per cent to Rs 14,922 crore.

Volatility in oil prices hits ONGC net profit in Q1

On the back of higher profitability in the agri business and foods division, ITC Ltd posted a rise of 17.37 per cent in its consolidated profit after tax (PAT) for the quarter ended June 30 to Rs 878.70 crore, up from Rs 748.67 crore in the corresponding quarter of last financial year.

ITC reports 17.4% rise in net profit

Ambuja Cements, part of Swiss giant Holcim, has posted 43.7 per cent decline in its net profit for the quarter ended June 30 at Rs 325 crore, compared with Rs 577 crore posted in the previous quarter last year.

Ambuja Cements net dips 43.7%

Chennai-based software solutions provider Ramco Systems Limited has reported a net profit of Rs 72.65 lakh for the quarter ended June 30 compared with a net loss of Rs 11.12 crore in the same quarter last year. The company&rsquo;s sales increased to Rs 43.37 crore from Rs 39.87 crore in the same quarter last year.

Ramco Systems, Unichem Labs & Marico Q1 results

Subhash Chandra promoted firm Zee News on Thursday announced a net profit of Rs 11.9 crore for the first quarter ended June 30 over Rs 8.76 crore quarter-on-quarter. Its operating revenue was down at Rs 137 crore versus Rs 138.4 crore Q-o-Q.

Zee News, Info Edge, Mastek & Siemens Q1 results

Mangalore Refinery &amp; Petrochemicals (MRPL), a subsidiary of Oil and Natural Gas Corporation (ONGC), has posted a 50.31 per cent dip in its Q1 net profit on account of a sharp decline in gross refining margin (GRM).

MRPL's net dips 40%

ACC, the country&rsquo;s second-largest cement maker in terms of capacity, has posted a rise of 84.65 per cent in its consolidated net profit for the quarter ended June 30 at Rs 470.98 crore compared with Rs 255.05 crore posted in the previous corresponding quarter.

ACC Q2 net up 85%

Bangalore-based biotechnology major Biocon Ltd today reported a growth of 3.5 times in its consolidated net profit to Rs 57.6 crore for the first quarter ended June 30, compared to the corresponding quarter last year. The growth came as synergies from acquiring AxiCorp, a pharmaceutical distributor in Germany started to kick in.

Biocon net up 3-fold

Vijay Mallya-promoted United Breweries today said its net profit rose by 57.14 per cent at Rs 35.50 crore for the quarter ended June 30, 2009, over the same period last year.

United Breweries June qtr net profit up 57% at Rs 35 cr

Press Trust of India

Auto component maker Bharat Forge today reported 96.38 per cent decline in its net profit at Rs 96 lakh for the quarter ended June 30, 2009, over the same period last year.

Bharat Forge June qtr net dips 96% to Rs 96 lakh

Engineering construction major Hindustan Construction Company (HCC) has posted a decline of 41 per cent in its net profit at Rs 18.2 crore for the quarter ended June 30, 2009 against Rs 30.8 crore for the corresponding previous quarter.

HCC posts 41% drop in net profit

Bosch Limited, the flagship of the Bosch Group subsidiaries in India, has seen net profit after tax declining 15 per cent to Rs 188 crore during the second quarter ended June 30 from Rs 220 crore in the corresponding period of the previous year.

Bosch Q2 net down 15% at Rs 188 crore

United Breweries (UBL), India's largest brewery controlled by Indian billionaire Vijay Mallya, has posted a strong 57 per cent increase in net profit to Rs 35.5 crore for the first quarter of current fiscal as against the corresponding period of last fiscal. Net sales at Rs 556.4 crore was up 17 per cent, powered by a 25 per cent growth in strong beer.

United Breweries Q1 net up 57% YoY

Kohinoor Broadcasting Corporation, an entertainment company, posted 42.42 per cent rise in consolidated net profit at Rs 27.71 crore for the year ended March 31, 2009 as compared to Rs 19.45 crore in the previous year.

Kohinoor Broadcasting FY09 net rises 42%

On the back of improved cost management, Fortis Healthcare (FHL) has recorded more than seven-fold growth in net profit at Rs 7.55 crore during the first quarter 2009-10, as against Rs 94 lakh during the same quarter last fiscal.

Fortis logs in seven-fold rise in Q1 net

India's most valued company Reliance Industries (RIL) today reported 11.5 per cent fall in net profit at Rs 3,636 crore for the first quarter of the this fiscal on falling refining margins and reduction in fuel demand in the time of global recession.

RIL Q1 net dips 11.5% at Rs 3,636 cr

Shriram Transport Finance Company, the largest player in commercial vehicle finance, today posted a 14.48 per cent rise in net profit at Rs 164.41 crore for the quarter ended June 30, 2009, over the same period last year.

Shriram Transport Finance June qtr net up 14% at Rs 164 cr

Tata Steel's wholly-owned arm Tata Metaliks today reported a consolidated net loss of Rs 18.34 crore for the quarter ended June 30, 2009, over the same period last year.

Tata Metaliks net loss at Rs 18 cr in June quarter

The airline had a net profit of Rs 143.38 crore in the same period last year.

Jet Airways India posts net loss of Rs 225 cr for Q1

Its net sales stood at Rs 674 crore, a press release issued here today said.

CEAT Q1 net profit at Rs 60 cr

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