The company had posted net profit of Rs 1.88 crore during the same period of previous fiscal.

United Breweries Holdings Q1 net dips 30%

Press Trust of India

Bharti Airtel, India&rsquo;s largest telecom services provider, on Wednesday reported a 37 per cent decline in net profit, at Rs 762 crore, for the quarter ended June, against a net profit of Rs 1,215 crore in the corresponding period last year. Cut-throat competition and high operating expenses continued to hit profitability.

Bharti Airtel Q1 net profit declines 37%

Business Standard

Standing ovations, flowers, gifts and rosy farewell speeches &mdash; Keshub Mahindra&rsquo;s last annual general meeting (AGM) as chairman of Mahindra &amp; Mahindra (M&amp;M) had all this, and more.

Keshub signs off as M&M chairman after 48 yrs

Driven by robust sales in the automotive segment, Mahindra &amp; Mahindra on Wednesday reported 26 per cent increase in consolidated net profit at Rs 778.5 crore for the quarter ended June 30. It had posted consolidated net profit of Rs 618.3 crore in the year-ago period. Gross sales stood at Rs 9,937.7 crore, against Rs 7,345 crore in the same period last year, up 35.3 per cent, the company said. The financial result includes that of Mahindra Vehicle Manufacturers Ltd, a 100 per cent subsidiary of the company, which is into sourcing contemporary products for expanding the market offerings of the company.

Mahindra & Mahindra Q1 net jumps 26%

Lower profit from coal subsidiaries resulted in a massive fall of Tata Power&rsquo;s consolidated net profit for the first quarter. Net profit fell 66 per cent to Rs 146 crore, compared to Rs 430 crore in the year-ago period.

Tata Power net dips 66%

Pantaloon Retail&rsquo;s consolidated net profit dipped to Rs 22.7 crore for the fourth quarter ended June 30, from Rs 101.4 crore in the corresponding quarter last year.

Pantaloon Q4 net at Rs 22.7 cr

Ranbaxy Laboratories, India's top drugmaker by sales,  reported a consolidated net loss of Rs 586 crore as foreign exchange  losses ballooned despite a surge in sales.

Ranbaxy Q2 net loss at Rs 580 cr

Reuters 

Ranbaxy Laboratories , India's top drugmaker by sales, posted an unexpected quarterly loss of 5.86 billion rupees as foreign exchange losses ballooned although sales in its key U.S. market more than doubled.

Ranbaxy posts surprise Q2 loss of 5.86 bln rupees

30, 2012, that was impacted mainly on account of increase in cost of raw material.

Akzo Nobel India posts Q1 Net at Rs 60.89 cr

Software-services provider Tech Mahindra's  first-quarter net profit rose 22% to beat analyst expectations, helped by strong performance by its Mahindra Satyam  unit and a currency boost.

Tech Mahindra profit up 22%, beats estimates

Textile firm Welspun India today reported an over two-fold increase in consolidated net profit for the quarter ended June 30 at Rs 37.70 crore.

Welspun India Q1 net profit soars over two-fold

Tamil Nadu-based Lakshmi Vilas Bank today logged a marginal rise in net profit for the first quarter ended June 30, at Rs 25.23 crore compared to the same period in the previous year.

Lakshmi Vilas Bank Q1 net profit marginally up at Rs 25 cr

State-owned Hindustan Petroleum Corp Ltd (HPCL), the nation's third largest fuel retailer, today reported a net loss of Rs 9,249 crore as government failed to compensate it for selling fuel below cost.

HPCL reports Q1 net loss of Rs 9,249 crore

Ranbaxy Laboratories on Thursday shocked the Street with a net loss of Rs 586 crore in the quarter ended June, compared with a net profit of Rs 243 crore in the corresponding period last year.

Ranbaxy posts Rs 586-cr loss on forex derivatives

Government-owned IndianOil, the country biggest petroleum refining and marketing company, has posted a record loss of Rs 22,451 crore in the quarter ended June 30, due to uncompensated losses. The company was also hit by an inventory loss of Rs 4,062 and foreign exchange loss of Rs 3,187 crore. Interest cost also rose to Rs 1,849 crore from Rs 1,040 crore. Non-revision of petrol price for part of the quarter also had an impact of Rs 950 crore.

IndianOil posts record quarterly loss of Rs 22,451 cr

Net profit stood at Rs 338.5 crore, up 22.4 per cent from Rs 276.5 crore in the year-ago period. Profit from Mahindra Satyam stood at Rs 150.2 crore, against Rs 96 crore in the year-ago period. Growth in non-BT business propelled the company&rsquo;s revenue to Rs 1,543 crore, representing a growth of 19.4 per cent from Rs 1,292.5 crore.

Tech Mahindra net up 22% on weak rupee

Tata Motors Ltd, India&rsquo;s biggest automotive company, on Thursday posted a consolidated net profit of Rs 2,244 crore in the quarter ended June, missing Street estimates as domestic business pulled down the company&rsquo;s overall performance.

Tata Motors Q1 net grows 12%

Adani Enterprises, the Adani Group flagship company, on Thursday stated its standalone net profit for the quarter ended June rose a whopping 344 per cent to Rs 421.6 crore, against Rs 94.9 crore in the corresponding period last year.

Adani Enterprises profit soars 344%

Paints and coatings maker Akzo Nobel India on Thursday reported a 10.43 per cent dip in its net profit to Rs 60.89 crore for the first quarter ended June 30, 2012 on the back of rupee depreciation contributing to increase in the cost of raw material. The company had posted a net profit of Rs 67.98 crore for the corresponding quarter previous year.

Akzo Nobel Q1 net profit down 10.43% 

GMR Infrastructure today reported a consolidated net loss of Rs 94 crore for the quarter ended June 30, 2012, mainly on account of losses at DIAL (Delhi International Airport Pvt Ltd) and one-time tax asset reversal at GVPGL (Vemagiri power plant).

GMR Infra reports Rs 94 cr net loss in Q1

quarter ended June 30, 2012, on account of robust performance of healthcare services and pharmacy segments.

Apollo Hospitals Q1 net up 36% at Rs 70 cr

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