Muthoot Capital Services Limited registered a 35 per cent increase in net profit to Rs &nbsp;2.32 crore during the third quarter ended December 31, 2010, as against Rs 1.72 crore in the same quarter last year. Total income from operations increased 79 per cent to Rs 9.94 crore from Rs 5.56 crore for the corresponding period last year.

Muthoot Capital net up 35%

Business Standard

Cut-throat tariff competition, high interest burden to repay acquisition costs and an expensive rebranding exercise saw Bharti Airtel on Wednesday report a 41 per cent fall in its net profit at Rs 1,303.3 crore for the third quarter ended December, 2010.
The telecom company, which is undergoing a consolidation of its telco assets after buying Zain Telecom, has been witnessing a decline in its net profit since January-March quarter of 2010. The company had posted a net profit of Rs 2,194.9

Bharti Airtel net dips 41%

Hero Honda, the country&rsquo;s largest two-wheeler maker, on Wednesday reported a 19.9 per cent fall in third-quarter profit after tax (PAT), as rising input costs dented margins. PAT slipped to Rs 429 crore in the three months to December from Rs 535.7 crore a year earlier, the company said in a filing to the Bombay Stock Exchange (BSE).

Hero Honda PAT declines 20% on rising input costs

Riding high on the rise in its passenger flow, Jet Airways has posted a 11 per cent growth in profit after tax (PAT) in its third quarter ended December, 2010. It recorded a PAT of Rs 118 core for the third quarter against Rs 105 crore for the same period last year.

Jet Airways PAT jumps 11%

Drug major Wockhardt had net profit of Rs 141.7 crore for the quarter ended December. It had a net loss of Rs 181.2 crore for the corresponding quarter of the previous financial year, due to mark to market losses (writing down securities to current value) and financial turmoil in global markets.

Wockhardt net profit at Rs 141.7 cr

Buoyed by a 42.05% jump in third quarter consolidated net profit, auto parts-maker Motherson Sumi Systems today said it will invest about Rs 500 crore next fiscal on initiatives like setting up new units in Brazil, Thailand and South Africa.

Motherson Q3 net up 42%, to invest Rs 500 cr in FY12

Press Trust of India

Ambuja Cements today reported a 4% increase in its consolidated net profit to Rs 1,262.97 crore for the calendar year 2010, helped by higher production and sales of the key construction material.

Ambuja Cements net up 4% in calendar 2010

Sony Corp today reported an 8.6% decline in net income for the October-December quarter to 72.3 billion yen ($886 million), which it attributed to the strength of the Japanese yen and a slowdown in TV sales.

Sony Q3 net income down 8.6% to 72.3 bn yen

State-run Engineers India today said its net profit grew 10.25% to Rs 122.45 crore for the third quarter ended December 31, 2010, over the corresponding period a year ago.

Engineers India's Q3 net up 10% at Rs 122 cr

Cement major ACC today clocked over 31% dip in consolidated net profit at Rs 1,077.53 crore for the year 2010 on subdued prices, contacted sales and high raw material costs.

ACC 2010 net dips 31% to Rs 1,077 cr

Rane Holdings, part of the Rane Group, today reported consolidated net profits at Rs 20.31 crore for the quarter ending December 31, 2010 up by 75.54% over the corresponding period a year ago.

Rane Holdings Q3 net jumps 75%

Specialty steel and wire rope manufacturer, Usha Martin, has recorded a turnover of Rs 800.59 crore in the three months ended December 31, 2010, an increase of 29.5 per cent over the same period last year. Profit after tax was at Rs 13.10 crore, a drop of 62.3 per cent. The performance was affected due to lower power generation and disturbance in movement of coal from captive mines.

Usha Martin PAT at Rs 13.10 cr

British telecom major Vodafone today said its December quarter service revenue from India rose 16.7 per cent to &pound;963 million (Rs 7,029 crore) from &pound;767 million (Rs 5,599 crore) in the same quarter last year. Revenue from voice went up by 20.7 per cent to &pound;761 million (Rs 5,555 crore) from &pound;630 million (Rs 4,599 crore).

Vodafone's India service revenue up by 16.7%

The company had posted a net profit of Rs 67.84 crore for the same period of the previous fiscal, Divis Labs said in a filing to the Bombay Stock Exchange (BSE).

Divis Labs Q3 net up 45% to Rs 98 cr

Drug firm Cipla today said its net profit declined by 19.49% to Rs 232.69 crore for the third quarter ended December 31, 2010, primarily due to high expenses at its Indore plant and rupee appreciation.

Cipla Q3 net dips 19% to Rs 233 cr

Travel and tours operator Cox &amp; Kings today said its consolidated net profit rose by 19.39% to Rs 23.02 crore for the third quarter ended December 31, 2010, over the same period previous fiscal.

Cox & Kings Q3 net up 19% to Rs 23 cr

State-run Hindustan Copper today reported 69% jump in net profit to Rs 80.72 crore for the December quarter on high prices of the metal amid global demand-supply mismatch.

Hind Copper Q3 net jumps 69% on higher metal prices

This is against a net profit of Rs 76.55 crore during the same period last year, the company said in a filing to the Bombay Stock Exchange (BSE).

Balrampur Chini Dec qtr net dips 69%

The bank's total income, however, declined to Rs 857.51 crore in the third quarter of 2010-11, from Rs 873.25 crore in the year-ago period.

ING Vysya Bank net jumps 37% to Rs 83 cr

Infrastructure firm Nagarjuna Construction Company today reported 15.5 per cent dip in its net profit at Rs 40.42 crore for the quarter ended December 31, against the corresponding period a year ago.

Nagarjuna Construction Q3 net declines 15.5%

The company had a profit of Rs 14.10 crore in the same quarter last year, a statement said.

Suzlon posts loss of Rs 253.57 cr for Dec qtr

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