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Zee Entertainment net up 39% in Q3

Business Standard


	After posting losses consistently for the last one year, Mumbai-based JSW Energy has turned a corner, posting a consolidated net profit of Rs 310.51 crore in the quarter ended December 2012.

JSW back in black with Rs 310-crore profit in third quarter

Kalanithi Maran-promoted Sun TV Netork Ltd has posted a growth of 13.10% in net profit at Rs 189.88 crore for the quarter ended December 31, 2012, compared to Rs 167.88 crore reported during the same period of previous fiscal year. The total income stood at Rs 496.41 crore for the third quarter of current fiscal year, as against Rs 448.32 crore for the corresponding three months of last fiscal year, an increase of 10.73%.

Sun TV's net profit up by 13%

Drug firm Novartis India today said its net profit declined by 24.28% to Rs 29 crore for the third quarter ended December 31, 2012, primarily due to higher expenses.

Novartis Q3 profit down 24% at Rs 29 cr

Syndicate Bank reported a 50.38% jump in net profit to Rs 508.49 crore for the quarter ended December 2012 as compared with Rs 338.12 crore in the corresponding quarter previous year, helped by improved asset performance as well as reduction in tax expenses by Rs 174.25 crore.

Syndicate Bank Q3 net up 50%

Anil Ambani owned Reliance Communications saw a 43.5 per cent decline in its consolidated third quarter net profit to Rs 105 crore, from 186 crore in the same quarter last year.

RCom Q3 net profit falls 43.5%

Jaguar Land Rover (JLR) is likely to report a lower EBITDA (earnings before interest, taxation, depreciation and amortisation) margin in the October-December quarter compared with the previous two quarters due to exchange rate fluctuations and a higher mix of Evoque sales, the company said today.

JLR sees margin fall in Q3

Kalanithi Maran-promoted Sun TV Network posted a growth of 13 per cent in net profit to Rs 190 crore for the quarter ended December 31, compared with Rs 168 crore during the same period last year. Total income was Rs 496 crore for the quarter against Rs 448 crore for the same period last year, an increase of 11 per cent.

Sun TV net up by 13% 

Symantec Corp beat earnings expectations and said it is splitting the chief executive and chairman jobs ahead of a Wednesday meeting to unveil a new strategy it hopes will end years of investor disappointment. Symantec, the maker of Norton anti-virus software, reported profit of 45 cents per share, excluding items, for its fiscal third quarter ended December 28. That topped the average analyst estimate of 38 cents, according to a poll by Thomson Reuters.

Symantec Q3 profit beats Street

Communications gear maker Motorola Solutions Inc's quarterly profit rose 89 per cent, boosted by higher government spending on public safety. Net income from continuing operations rose to $336 million, or $1.18 per share, in the fourth quarter, from $177 million, or 54 cents per share, a year earlier. Revenue rose 6 per cent to $2.44 billion. Excluding items, the maker of two-way radios and public safety equipment earned $1.10 per share from continuing operations.

Motorola profit jumps on higher govt spend

Improved rates, lower fuel costs and increased power generation helped JSW Energy move to profits in the third quarter. It posted a consolidated net profit of Rs 311 crore for the quarter compared with a net loss of Rs 83 crore in the corresponding quarter last year. Total income from operations also went up 34 per cent to Rs 2,365 crore, from Rs 1,771 crore in the corresponding quarter last year.

JSW Energy swings to profits

Revenue from Google Inc's core internet business outpaced many analysts' expectations during the crucial holiday quarter and advertising rates fell less than in previous periods, pushing its shares up roughly five per cent.

Google's Q4 results shine after ad rate decline slows

Anil Ambani&rsquo;s Reliance Communications (RCom) saw a 43.5 per cent decline in consolidated third quarter net profit to Rs 105 crore, from Rs 186 crore in the same quarter last year.

RCom net falls 43% on finance costs

Syndicate Bank reported a 50.39 per cent jump in net profit to Rs 508.49 crore for the third quarter, up Rs 338.12 crore from the year-ago period.

Syndicate Bank profit jumps 50%

The private sector lender&rsquo;s total income for the quarter went up by 19 per cent to Rs 1,051 crore, compared to Rs 883 crore in FY12. The operating profit rose 48 per cent to Rs 154 crore from the year-ago period.

Karnataka Bank net up 11% on NII

Agro Tech Foods, an affiliate of US-based ConAgra Foods, one of the largest food companies in the world, has reported a 16% rise in December quarter profits to Rs 13.06 crore on sales of Rs 219.90 crore. Last year, Agro Tech reported profit of Rs 11.23 crore on sales of Rs 180.84 crore.

ConAgra affiliate Agrotech Foods' net up 16% 

Sundaram BNP Paribas Home Finance today announced 47.48 per cent jump in net profit at Rs 36.37 crore for the third quarter ended December 2012, driven by the growing real estate market in South India.

Sundaram BNP Paribas Q3 net up 47% at Rs 36 cr

Infrastructure major L&amp;T today reported a 13% increase in net profit to Rs 1,122 crore, as compared to Rs 991 crore, in the same quarter last year.

L&T&#39s margins shaved, orders up

Bangalore-based PSU lender Vijaya Bank, hit by high cost of legacy deposits has reported a marginal 2% increase in its net profit to close to Rs 127 crore for the third quarter of FY13 as compared to corresponding period. The total income of the bank for the period went up by around 8.4% to Rs 2357 crore.

Vijaya Bank Q3 net up 2% at Rs 126.73 crore

Andhra Bank reported a decline of 15.2% in net profit to Rs 257.09 crore for the third quarter ended December 2012 as compared with Rs 303.17 crore in the corresponding quarter previous year. Sequentially, the net profit was down 21% as compared with Rs 325.63 crore in the September quarter.

Andhra Bank Q3 net down 15%

SKS Microfinance Limited reported a net profit of Rs 1.2 crore in the quarter ended December 2012, reversing the trend of seven consecutive quarters of losses. The company incurred a loss of Rs 428 crore in the corresponding quarter previous year.

SKS back in the black

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