UCO Bank has reported a 107.33 per cent increase in net profit to Rs 171.63 crore for the quarter ended December 31, 2008, as against Rs 82.78 crore for the same period last year.

UCO net profit rises 107 per cent

Business Standard

Public sector lender Bank of India (BoI) today posted a jump of 70.41 per cent in its net profit for the third quarter ended December 31, 2008, to Rs 872.17 crore on the back of high treasury income and net interest income. The bank had posted a profit of Rs 511.89 crore in the corresponding period last year.

BoI posts 70% jump in net profit

The company had registered a net loss of Rs 11.08 crore in the year-ago period, Future Capital Holdings said in a filing to the Bombay Stock Exchange.

Future Capital Q3 profit up at Rs 6.25 crore

Press Trust of India

Sagging fuel prices caused Reliance Industries&rsquo; net to fall almost 10 per cent, robust demand for mobile telephony boosted Bharti Airtel&rsquo;s net a quarter and currency derivative losses blew a Rs 806-crore hole in the books of Ranbaxy Laboratories during the October-December 2008 quarter.

RIL net slumps, Bharti shines, Ranbaxy bleeds

Heavy operational costs and cross-currency losses impacted global forging giant Bharat Forge as the company posted a consolidated net loss of Rs 36.56 crore during the quarter ended December 2008. The company had posted a net profit of Rs 70.96 crore in the same quarter of the previous financial year.

Bharat Forge slips into the red...

In line with market expectations, FMCG player Marico recorded a net profit growth (consolidated) of Rs 51 crore for the third quarter ending December 2008, a 9.8 per cent rise from Rs 46 crore in the corresponding quarter last year. The stock price rose 3.09 per cent to close at Rs 58.30 on the BSE.

Marico net up 9.8 per cent

Other income stood at Rs 131.31 crore for the quarter ended December 2008. On standalone basis, however, the company posted a net profit of Rs 107.07 crore on an income of Rs 127.56 crore.

Reliance Power net profit at Rs 106 crore

Ranbaxy Laboratories, India&rsquo;s biggest drug maker, posted a loss for the second straight quarter on adverse foreign exchange fluctuations.

Ranbaxy losses mount on forex hit

Pharmaceutical firm Cipla today said third quarter net profit rose by 6.07 per cent to Rs 223.44 crore. The company had a net profit of Rs 210.65 crore for the same quarter in 2007-08. Total income of the company rose to Rs 1,360.48 crore for the quarter under review, against Rs 1,115.52 crore for the same quarter last year.

Cipla net profit up 6% to Rs 223 crore

Piramal Healthcare, engaged in the manufacturing and sale of own and traded bulk drugs and formulations, has reported 17.72 per cent fall in consolidated net profit at Rs 59.87 crore during the third.

Piramal Healthcare net declines 18%

Anil Ambani-promoted power utility Reliance Infrastructure has posted a net profit of Rs 251.1 crore for the quarter ended December 2008, 16.6 per cent less from Rs 301.6 crore for the corresponding previous year quarter.

R-Infra net dips 16.6 per cent

Aditya Birla Group company Idea Cellular has posted a net profit of Rs 219.45 crore on a consolidated basis in the third quarter ended December 2008, a 7.32 per cent fall from Rs 236.77 crore recorded during the comparable period a year ago.

Idea Cellular net down 7 per cent to Rs 219.45 crore

Bharti Airtel, the country's largest mobile-phone operator, posted a 26 per cent growth in its third-quarter net profit after the company added record subscribers and widened its lead over rivals.

Bharti profit rises 26% on record rise in subscriber base

Anil Ambani-promoted Reliance Natural Resources (RNRL) posted a marginal increase of 1.76 per cent in its third quarter net profit raising it to Rs 24.21 crore compared with Rs Rs 23.79 crore in the year-ago period. Total operating income rose to Rs 137.71 crore for the quarter as against Rs 40.73 crore for the same period last year.

RNRL net profit rises 1.76% to Rs 24 crore

Chennai-based T T K Healthcare had reported net profit of Rs 2.96 crore for the third quarter ended December 31, 2008, compared with Rs 1.23 crore for the same period last year. Net sales have increased to Rs 56 crore from Rs 47 crore, an increase of 19 per cent.

TTK Healthcare profit soars to Rs 2.96 cr

Tyre manufacturing company MRF had reported a net loss of Rs 38 crore during the third quarter ended December 31, 2008. It had reported a net profit of Rs 51 crore for the same period last year. Net sales increased by 17 per cent to Rs 1,351 crore from Rs 1,154.73 crore. Consumption of raw materials during the quarter ended increased to Rs 1,070 crore from Rs 733 crore, an increase of 45 per cent.

MRF registers a net loss of Rs 38 crore in Q3

Aided by a falling rupee against the dollar, HCL Technologies posted a consolidated net income of Rs 373.3 crore (Indian GAAP) for the second quarter ended December 2008, up 12.1 per cent from Rs 332.9 crore registered in the year-ago period. Its revenues for the quarter stood at Rs 2,490.8 crore, up 37.1 per cent from Rs 1,816.6 crore in the year-ago period.

HCL Tech Q2 net up 12%

Software company Tech Mahindra posted a net profit of Rs 222.8 crore for the third quarter ended December 31, 2008, an increase of 11.7 per cent from Rs 199.4 crore in the corresponding quarter last financial year.

Tech Mahindra bottom line up 11.7% to Rs 223 crore

Samsung Electronics posted its first ever quarterly loss as its memory chip and display units buckled under the weight of diving prices, and the technology giant faces even more pain as global recession saps demand. Profits at the world's top maker of memory chips and liquid crystal displays (LCDs) have been mauled by a lengthy downturn in the memory market and a rapid drop in margins for flat screens, along with slowing sales of all consumer electronics.

Samsung posts first quarterly loss

GIC Housing Finance today posted a drop of 33 per cent in net profit at Rs 10 crore for the quarter ended December 31, 2008 as against Rs 15 crore posted in the same quarter a year ago.

GIC net falls 33% at Rs 10 cr

Shriram Transport Finance Company has reported a 34 per cent increase in the net profit during the third quarter ended December 31, 2008 to Rs 149.31 crore as against Rs 110.70 crore for the same period last year.

Shriram Transport Fin net profit up 34%

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