Subdued steel demand during the quarter pulls the company's profits down
Helped by strong sales and better prices, but narrowly missed market expectations
Total income from operations declined 26% to Rs 587 crore in the second quarter as against Rs 794 crore in the year ago period
Total income declined by 21.36% at Rs 421.72 crore during the quarter from Rs 536.28 crore during the same period of last fiscal
The group recorded revenues of Rs 3,184.77 crore in the latest quarter, much higher than Rs 1,896.31 crore in the year-ago period
Consolidated net income during the second quarter also went down by 20.54% to Rs 539.83 crore
The nfrastructure major had posted a net profit of Rs 38 crore in the corresponding quarter of the previous year
Total sales dipped 68.38% to Rs 52.74 crore in the second quarter from Rs 166.84 crore
Exit from ill-starred telecom JV expected to help core realty biz
The insurer also saw its total funds under management grow by 16%
The Chennai-based company reported profit after tax at Rs 19.9 crore for the six month period ending September 30, 2012
Total income grew 31.17% to Rs 63.67 crore in the quarter under review
Total income for the quarter rose 39.15% to Rs 351.28 crore from Rs 252.52 crore in the corresponding quarter last year
Total income stood at Rs 64.34 crore for the quarter as compared to Rs 62.97 in the corresponding quarter last year
Net sales fell to Rs 617.98 crore in the second quarter of the 2012-13 fiscal, from Rs 765.04 crore in the year-ago period
Net sales of the company rose to Rs 1,250.29 crore for the second quarter
Total income of the company grew to Rs 455 crore from Rs 313 crore a year ago
Net sales went up by 51.28% to Rs 3,324.77 crore for the period under review