Asian Paints has posted a consolidated net profit of Rs 257 crore for the quarter ended December 31, 2011, up 16.81% from Rs 220 crore in the corresponding period of the previous year.

Asian Paints posts 17% rise in net at Rs 257 cr

Business Standard

United Spirits Ltd, a part of Vijay Mallya-led UB Group, today posted a net profit of Rs 47.06 crore, down 62% from Rs 123 cr in the same period last year, due to an increase in raw material costs.

United Spirits Q3 net down 62% at Rs 47 cr

Press Trust of India

FMCG company Godrej Consumer Products has posted a 40.34% rise in net profit, at Rs 167 crore, for the quarter ended December 31, 2011. Profit for the corresponding period the previous year stood at Rs 119 crore.

Godrej Consumer Q3 net surges 40% to Rs 167 cr

UltraTech Cement, India&rsquo;s largest cement maker, has beaten estimates for a consecutive quarter. Higher realisations, coupled with better demand, helped the company counter the impact of rising input costs in the third quarter.

UltraTech Cement net profit soars 93%

A heady cocktail of three variants combined to take the fizz out of United Spirits&rsquo; performance in the third quarter.&nbsp;The UB Group flagship company took a hit of 64 per cent in&nbsp;its net profit, which dropped to Rs 47 crore, compared to Rs 130 crore in the year-ago period. The total income was static at Rs 1,968 crore.

United Spirits net down 64%

Oberoi Realty posted a 50 per cent decline in net profit for the third quarter, due to a decline in home sales in Mumbai. The net profit stood at Rs 102.07 crore, compared with Rs 205.23 crore in the year-ago period. Net sales fell 53 per cent to Rs 185.72 crore.

Oberoi Realty net falls 50%

Asian Paints reported a profit after tax of Rs 250.48 crore in the third quarter, a 21.23 per cent rise compared with the year-ago period. Net sales stood at Rs 2,109.52 crore, up 20.25 per cent from Rs 1,754.22 crore in the same period of the previous financial year.

Asia Paints PAT up 21.23%

State-run lender Bank of Maharashtra (BoM) has repor-ted 50.2 per cent growth in net profit at Rs 135.54 crore for the quarter ended December 31, compared with Rs 90.25 crore in the same period of the previous year. A decline in costs and healthy growth in advan-ces, despite an increase in provisioning, aided the growth.

BoM's net rises 50% on loan growth

Mangalore-based private sector lender Karnataka Bank Limited on Saturday reported a massive jump of 86.7 per cent in net profit at Rs 72.05 crore for the quarter ended December 31, 2011 compared to the corresponding quarter last fiscal. Total income for the period increased by 32.05 per cent to Rs 882.72 crore as against the year ago period.

Karnataka Bank net profit up 87%

Polaris Financial Technology Limited's net profit for the the quarter ended December 31, 2011, stood at Rs 61.07 crore as compared with Rs 50.12 crore a year ago. Income was up 34 per cent to Rs 552.32 crore from Rs 411.41 crore. The board has given its in-principle approval for the de-merger of information technology-enabled services business of its subsidiary, Optimus Global Services Ltd.

Polaris net at Rs 61 cr

Boosted by strong volume growth in the toothpaste category, Colgate-Palmolive today posted a 74.48% jump in its net profit to Rs 115.58 crore in the quarter ended December 31, 2011.
The company, which had a net profit of Rs 66.24 crore in the year-ago period, said it has paid second interim dividend of Rs 9 per share, taking the total total dividend paid to Rs 17 per share for the nine months ended December 31, 2011.
During the quarter under review, the firm's net sales stood at Rs 669.57

Colgate-Palmolive Q3 net rises 75% at Rs 116 cr 

Aditya Birla Group firm Idea Cellular today reported a nearly 18% dip in consolidated net profit to Rs 200.9 crore for the quarter ended December 31, 2011, on account of higher depreciation and financing costs with respect to 3G investments.

Idea Cellular Q3 net dips 18% to Rs 201 cr

Larsen and Toubro (L&amp;T), construction and engineering major, today posted net profit for the third quarter ended December, 2011, at Rs 991.55 crore as compared to Rs 840.53 crore in the corresponding quarter last fiscal, beating estimates.

L&T Q3 net up 18% to Rs 991 cr

The company had posted a net profit of Rs 25.60 crore in the quarter ended December 31, 2010, Unichem Laboratories said in a statement.

Unichem Labs Q3 net down 4.45% to Rs 24 cr

Maruti Suzuki, country's biggest carmaker, reported a bigger-than-expected 63.6% fall in quarterly net profit as high interest rates and rising fuel costs hit demand for cars in Asia's third-largest economy.

Maruti Q3 net slumps 64%, falls more than expected

India's oil major, Gas Authority of India Ltd (GAIL), today announced an increase of 13% in net profit for the third quarter ended December, 2011 at Rs 1,091.42 crore as compared to Rs 967.63 crore in the corresponding quarter last year.

GAIL Q3 net up 13% at Rs 1,091 cr

Kotak Mahindra Bank has posted a rise of 46.96% in its net profit of Rs 276 crore for the quarter ended December 31, 2011 as compared to Rs 188 crore for the same quarter in the previous year.

Kotak Mahindra Bank Q3 net rises 47% at Rs 276 cr

Sterlite Industries posted a net profit after tax at Rs 913.52 crore for the third quarter ended December, 2011, down 17% from Rs 1,101 crore in the corresponding quarter last year, according to a release filed with the Bombay Stock Exchange (BSE).

Sterlite Ind Q3 net dips 17% to Rs 913 cr

FMCG firm Jyothy Laboratories today posted a 78.34% increase in net profit to Rs 29.07 crore for the quarter ended December 31, 2011, vis-a-vis the same period last fiscal.

Jyothy Lab Q3 net rises 78% at Rs 29 cr

Print media and radio firm DB Corp Ltd today reported 29% decline in its consolidated net profit for the third quarter ended December 31, 2011 at Rs 55.35 crore, compared to same period previous fiscal due to forex losses and expenditure on new launches.

DB Corp Q3 net down 29% at Rs 55 cr

The bank had posted a net profit of Rs 143.10 crore for the corresponding quarter last fiscal, Federal Bank said in a filing to the Bombay Stock Exchange (BSE).

Federal Bank Q3 net jumps 41% at Rs 202 cr

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