Jet Airways (India) Ltd, top airline by market share, on Friday said it swung to a net loss, compared with profit a year ago, due to rising fuel prices and a forex loss in the quarter. For the quarter ended September, it reported a net loss of Rs 714 crore, compared to Rs 12 crore in the same period lasy year. It had made a profit of Rs 10 crore in the same quarter last year.

Jet Airways posts net loss of Rs 714 cr

Business Standard

SpiceJet Ltd has reported a Rs 240-crore net loss compared to Rs 10 crore profit in the same period last year. The airline's total income rose to Rs 766.5 crore from Rs 629 crore, a year ago.

SpiceJet reports Rs 240-cr loss 

Adani Group-owned Mundra Port and Special Economic Zone Ltd (MPSEZ) has posted net profit of Rs 273 crore for the second quarter ended September 2011, showing a growth of 29 per cent over Rs 212 crore in the same period last year.

MPSEZ net profit up 29%

Drug firm Wockhardt today reported a consolidated net profit of Rs 127.58 crore for the second quarter ended September 30, 2011 on improved sales in all markets led by the US.

Wockhardt turns around, posts Rs 127 cr profit

Press Trust of India

The company, country's second biggest mobile operator by subscribers, posted net profit for the September quarter last year was posted at Rs 446 crore.

RCom Q2 net slips 43% to Rs 252 cr

National Aluminium Company today posted a 38% drop in net profit at Rs 139.34 crore for the quarter ended September 30, 2011 as compared to Rs 224 crore for the same quarter previous fiscal.

Nalco Q2 net dips 38% to Rs 139 cr

Debt-laden mobile operator Reliance Communications posted its ninth straight drop in quarterly profit, with investors awaiting a deal to sell its tower unit and bring in much needed funds.

RCom net falls 43.5% to Rs 252 crore in Q2

State-run Maharatna Coal India Ltd (CIL) has posted a net profit of Rs 25.93 crore for the quarter ended September 30, a rise of 73.56 per cent over the Rs 14.94-crore net profit in the corresponding quarter of the previous financial year.

CIL posts net profit of Rs 2593 cr in Q2

Drug maker Sun Pharmaceutical Industries today reported 19% growth in net profit to Rs 598 crore for the quarter ended September 30, on account of robust performance across its businesses.

Sun Pharma net up 19% at Rs 598 cr

The company had posted a net profit of Rs 224.04 crore in the same quarter of previous fiscal.

Nalco Q2 net down 38% to Rs 139 crore

The company had posted a net profit of Rs 234 crore in the corresponding period last year.

LIC Housing Finance Q2 net dips 58%

Ratnamani Metals and Tubes Limited (RMTL) has reported an increase of 26.72 per cent in its profit after tax (PAT) for the second quarter ended on 30 September, 2011. The company's PAT which stood at Rs 23.47 crore as against Rs 18.52 crore in the corresponding quarter of the previous financial year.

Ratnamani net profit up by 26.72 %

Even as LIC Housing Finance has reported a rise of 37 per cent in its total income for the second quarter of this financial year, its net profit has declined 58 per cent.

LIC Housing Finance net profit down 58%

JSW Steel today reported a Rs 669.32 crore consolidated net loss for the second quarter ended September 30 after taking a whopping Rs 662 crore hit due to foreign exchange fluctuation, coupled with the poor performance of associate firm JSW Ispat.

JSW Steel slips into red at Rs 669 cr

Rajesh Exports, a gold jewellery exporter and retailer, has announced a 45% increase in net profit to Rs 107 crore for the second quarter of 2011-12, compared to the corresponding period of last fiscal. Revenues were up 14.43% to Rs 5,767 crore.

Rajesh Exports net up 45% at Rs 107 cr

Gitanjali Gems, a manufacturer and retailer of jewellery, reported a 65% rise in net profit at Rs 132.2 crore for the quarter ended September 2011. It was Rs 80 crore in the same period a year ago.

Gitanjali Gems Q2 net up 65% at Rs 132 cr

Auto major Mahindra &amp; Mahindra today reported 3.18% rise in its consolidated profit after tax for the quarter ended September 30 at Rs 761.5 crore on account of contributions from its subsidiary -- Mahindra Vehicle Manufacturers (MVML).

M&M net down marginally at Rs 762 cr

Adani Enterprises posted an 8.6% increase in net profit at Rs 553 crore for the quarter ended September 2011. In the same period a year ago, the company's net profit was Rs 509 crore.

Adani Enterprises Q2 net up 9% at Rs 553 cr

Riding on better realisation and higher output, government owned Oil India Ltd (OIL) today reported 24.3% rise in net profit in the second quarter. Net profit in July-September rose 24.29% to Rs 1,138.52 crore as compared to Rs 916.03 crore in the same period a year ago. Net sales rose nearly 38% to Rs 3,270 crore.

Oil India Q2 net jumps 24% to Rs 1,138 cr

The company posted a net profit of Rs 74.80 crore in the corresponding quarter last year.

Fortis Healthcare Q2 slips to red, posts Rs 13 cr loss

For the half year fiscal ending September 30, the net profit of the company stood at Rs 171.74 crore, as against Rs 8.65 crore during the same period of previous year, India Cements said in a statement.

India Cements turns around Q2 net at Rs 70 cr

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