Central transmission utility PowerGrid Corp today reported a net profit of Rs 591.1 crore for the quarter ended December 31, 2010, an increase of 21% over the same period last fiscal.

PowerGrid net up 21% to Rs Rs 591 cr in Oct-Dec

Press Trust of India

Monnet Ispat &amp; Energy today reported a marginal 3.19% rise in its third quarter net profit to Rs 70.18 crore even as sales dipped due low price of both steel and power during the quarter.

Monnet Ispat Q3 net up 3% to Rs 70 cr

Electrical and communication cables maker Finolex Cables today reported a 2.13% jump in net profit at Rs 26.1 crore for the third quarter ended December 31, 2010, over the same period a year ago.

Finolex Cables Q3 PAT up 2% to Rs 26 cr

Mangalore Refinery and Petrochemical (MRPL) today reported 21% jump in net profit for the quarter ended December 31 on higher refining margin.

MRPL net up 21% to Rs 314 cr in Oct-Dec

Drug firm AstraZeneca Pharma India today said its net profit rose by 28.26% to Rs 28.32 crore for the quarter ended December 31, 2010 from the same quarter last fiscal.

AstraZeneca Dec qtr net up 28% at Rs 28 cr

Realty firm Ansal Properties and Infrastructure today reported 4.81% jump in its consolidated net profit for the quarter ended December 31, 2010, at Rs 32.93 crore.

Ansal API Q3 net up 5% to Rs 33 cr

Xstrata Plc, the largest exporter of coal used for power, said annual profit surged 86 per cent as rising demand in emerging markets pushed up prices, and forecast lower Asian growth this year.

Xstrata says profit jumps 86%

Business Standard

Adani group-owned, Adani Power Ltd has registered 50 per cent rise in the net profits for the third quarter ended December 2010 at Rs 109.11 crore against Rs 72.49 crore for the corresponding period last year.

Adani Power Q3 PAT up 50%

The company's total income increased from Rs 340 crore during third quarter last year to Rs 452 crore this year, posting a rise of 33 per cent for Q3. &quot;&quot;Mundra posted a total income of Rs 452 crore for the current quarter as compared to Rs 340 crore during the corresponding three months last year recording a growth of 33 per cent. Profit after tax for the current quarter is Rs 228 crore as compared to Rs 163 crore for the corresponding quarter last year, a growth of 40 per cent year-on-year (YoY),&quot; said B Ravi, chief financial officer, Mundra Port and SEZ.

MPSEZ net up 40%

Assam Company India Ltd, which is engaged in diverse sectors like tea plantation, oil and gas exploration and production and infrastructure, has posted a 76.2 per cent increase in net profit to Rs 35.54 crore as compared to Rs 20.17 crore last year.

Assam Company net profit up 76.2%

ARSS Infrastructure Projects Ltd, a city-based infrastructure firm engaged in the construction of roads, highways, bridges, irrigation projects and EPC (Engineering Procurement &amp; Construction) activities has recorded a 54 per cent rise in net profit at Rs 76.88 crore in the April-December period of this fiscal as against Rs 49.94 crore in the corresponding period of 2009-10.
The company's operational income in the said period went up by 42 per cent to Rs 859.83 crore from Rs 605.26 crore

ARSS April-Dec net up 54%

Driven by strong growth across hospitals in its network, Fortis Healthcare today reported a 59 per cent jump in consolidated net profit for the quarter ended December 31, 2010, to Rs 34.5 crore. The company had posted a consolidated net profit of Rs 21.74 crore for the third quarter of the previous financial year, Fortis Healthcare said in a filing to the Bombay Stock Exchange.

Fortis net up 59% to Rs 34.5 cr

Patni Computer Systems today reported a decline of of 2.71% in net income for the quarter ended December 31, 2010, to $39.4 million (Rs 177.3 crore), as per the United States' GAAP accounting standards.

Patni Q4 net income dips 3% to Rs 177 cr

Auto major Mahindra &amp; Mahindra (M&amp;M) today reported 77.59% increase in its net profit for the quarter ended December 31, 2010, at Rs 734.68 crore on account of robust demand and various cost saving measures.

M&M Q3 net profit soars 78% at Rs 735 cr

The company had a net profit of Rs 474.07 crore in the same period last year, REC said in a filing to the Bombay Stock Exchange (BSE).

REC Q3 net profit up 40% to Rs 664 cr

The company had posted a net profit of Rs 96.85 crore for the corresponding quarter last fiscal, United Spirits said in a filing to the Bombay Stock Exchange (BSE).

United Spirits posts Q3 net at Rs 130 cr

State-owned Manganese Ore India (MOIL) today reported net profit of Rs 124 crore for the quarter ending December 31, 2010, registering a marginal increase of 2.8%.

MOIL net profit marginally up by 2.8%

For the same period last fiscal, the company's net profit was Rs 84.06 crore, that includes an exceptional item of Rs 95 crore, it said in a filing to the Bombay Stock Exchange (BSE).

United Breweries Holdings Q3 net dips 89%

West Coast Paper Mills Ltd, one of the larger players in the paper industry, has posted 135.9 per cent rise in profit after tax (PAT) for the third quarter of the current financial year ended on December 31 to Rs 28.5 crore, as against Rs 12.08 crore during the corresponding period last fiscal. The firm&rsquo;s net sales for the period under review also rose 112.17 per cent to Rs 293.65 crore, compared to Rs 138.4 crore during the third quarter of the last financial year.

West Coast Paper Mills net rises 135.9%

Software provider Patni Computer Systems today said Gajendra Kumar Patni and William O Grabe have resigned as directors of the company with immediate effect. Pursuant to the share purchase agreement and the securities purchase agreement between Patni Computer and US-based iGate, on January 10, 2011, these two non-executive directors) had quit, the company said in a filing to the Bombay Stock Exchange.

Patni Computer announces mgmt rejig

Century Plyboards (India) Ltd, has posted a 12.9 per cent drop in profit after tax (PAT) for the third quarter of this financial year ended on December 31 to Rs 27 crore, as compared to Rs 31 crore during the same period last fiscal. The company&rsquo;s net sales for the period under review rose 26.7 per cent to Rs 361 crore, against Rs 285 crore during the third quarter of the previous financial year.

Century Plyboards PAT drops 12.9%

Company Results: Get latest company quarterly results, company annual results, company financial results, company half yearly results, company earnings and net profit at Business Standard.

Page 871 - Company Results