Page 568 - Company Results
Better asset quality boosts IIFL Q2 net by 28% to Rs 140 cr
Total income of financial services company grew 15% to Rs 1,031.9 cr during reported period
 "Better asset quality boosts IIFL Q2 net by 28% to Rs 140 cr")
L&T Finance Q2 net up 18% to Rs 215 crore
Total income up 16% to Rs 1,837 cr; loans & advances grow by 19% to Rs 50,986 cr
 "L&T Finance Q2 net up 18% to Rs 215 crore")
 "Three-fold jump in Inox net")
Cholamandalam Investment Q2 profit up by 27 %
NIM up by 20% during the quarter
 "Cholamandalam Investment Q2 profit up by 27 %")
Kansai Nerolac Q2 net climbs 33% to Rs 97 cr
Total income from operation up 5.2% at Rs 971 crore
 "Kansai Nerolac Q2 net climbs 33% to Rs 97 cr")
Zydus Cadila profit up 41% to Rs 391 crore
Operating revenue grew 17% to Rs 2460 crore and sales in US market grew 25% to Rs 1004 crore
 "Zydus Cadila profit up 41% to Rs 391 crore")
Wipro joins Infosys for a bright second half
Profit grows 7% in Sep quarter to Rs 2,235 cr; firm keeps guidance for Dec quarter low
 "Wipro joins Infosys for a bright second half")
 "Idea Cellular lags Street estimates")
Bajaj Auto's net rises 58% on higher exports
58% The net profit grew during the recently concluded quarter from higher exports and better realisation
 "Bajaj Auto's net rises 58% on higher exports")
M&M Financial Services Sept quarter net down 28%
The firm saw a net profit of Rs 219.35 cr in the corresponding quarter the previous year
Indiabulls Hsg Finance posts 24% growth in Q2 net to Rs 555 cr
Firm's total revenues up 32.7% during July-Sept quarter at Rs 2,246 crore
 "Indiabulls Hsg Finance posts 24% growth in Q2 net to Rs 555 cr")
Federal Bank scrip falls on quarterly results
Provisions for few corporate loans that turned bad dragged lender's Q2 net profit down 33%
 "Federal Bank scrip falls on quarterly results")
HDFC Bank net up 20.5%
Net interest income, the difference between interest earned and expended, rose 21% to Rs 6,681 cr
 "HDFC Bank net up 20.5%")
Traffic growth key trigger for IRB Infra
The numbers not only missed analyst estimates on profit but did not keep pace with the June quarter's (Q1's) performance, too
 "Traffic growth key trigger for IRB Infra")
Idea Cellular Q2 profit lags estimates as cheaper call rates hurt
The mobile carrier also lagged bigger rival Bharti Airtel in launching the newer and faster 4G mobile Internet services
Cairn India Q2 net profit down 83% to Rs 193 crore
Average brent prices fell 18% quarter-on-quarter to $50.5 per barrel driving Cairn's average oil realization down by 22% to $43.7 per barrel
 "Cairn India Q2 net profit down 83% to Rs 193 crore")
Cairn India posts smaller-than-expected fall in Q2 profit at Rs 673 cr
Revenue fell 44% from a year earlier to Rs 2,242 cr
JSW Steel avoids loss in Q2
Net sales fell 21.5% to Rs 10,743 crore
 "JSW Steel avoids loss in Q2")
JSW Steel avoids loss, reports Q2 net profit at Rs 116.9 crore
Lower expenses, higher volumes, reduced focus on exports lend firm support
 "JSW Steel avoids loss, reports Q2 net profit at Rs 116.9 crore")
Mphasis beats forecast with 15% rise in profit
Revenue from direct international business grew by 7.9% from previous quarter
 "Mphasis beats forecast with 15% rise in profit")