Tyre major Ceat Ltd today reported an 83.71% decline in consolidated net profit for the year ended March, 31, 2011, to Rs 26.46 crore, hit by high raw material costs, specially that of rubber.

Ceat FY11 net profit down 84% at Rs 26 cr

Press Trust of India

&quot;The quarter saw increased visibility across product portfolios supported by strong marketing initiatives. Both 'Horlicks' and 'Boost' powered ahead,&quot; GSKCH said in a statement.

GSKCH Q1 net up 15% to Rs 110 cr

The country's largest two-wheeler maker Hero Honda today reported its highest ever sales for a month in April at 5,17,099 units, registering a jump of 39.12%.

Hero Honda sales up 39% in April

Public sector lender Indian Overseas Bank (IOB) today reported over three-fold increase in its net profit at Rs 434.2 crore for the fourth quarter ended March 2011, compared to Rs 127.4 crore in the year-ago period.

IOB Q4 profit up three-fold to Rs 434 cr

The company had a net profit of Rs 67 lakh in the same period previous financial year.

Jamna Auto posts Q4 net at Rs 13 cr

Private insurance company ICICI Prudential Life today reported an over three-fold jump in net profit at Rs 808 crore for the financial year ended March 31, 2011, helped by cost control exercise and client persistency.

ICICI Pru Life profit up 3-fold at Rs 808 cr

Birla Corporation, the flagship company of the M P Birla group, has registered a profit after tax of Rs 68.97 crore in the second quarter ended September 30, 2010, a drop of 54.15 per cent over the same period last year due to lower clinker production on account of shutdown of plants for capacity expansion, and higher input costs. Sales declined by more than a per cent to Rs 550.34 crore.

Birla Corp records 54.15% drop in profit after tax

Business Standard

State-run lender Bank of India on Monday said it recorded net profit of Rs 494 crore in the quarter ended March 2011. This was a rise of 15.36 per cent compared to the same period last year. The rise in profit was aided by high net interest income.

Bank of India profit rises 15.4% to Rs 494 crore

Aided by the huge demand for automobile components from the commercial vehicles and passenger car makers, Bosch Ltd, the Bangalore-based supplier of automobile components and fuel injection systems to major OEMs, today announced 35 per cent rise in its net profit at Rs 274.3 crore for the first quarter-ended March 31, 2011, compared to the corresponding quarter last year.

Bosch Ltd net up 35% in Q1

State Bank of Travancore (SBT)&nbsp;earned a net profit of Rs 238.32 crore in the&nbsp;last quarter of 2010-11, an improvement of 9.7 percent from Rs 217.23 crore for the same period of last year. The operating profit was higher by 13.47 per cent&nbsp;at&nbsp;Rs 315.10 crore (from Rs 277.68 crore).

SBT Q4 net up 10 pc, dividend at Rs 18 per share

Andhra Sugars Ltd reported a net profit of Rs 20.22 crore in the three months to March 31, up 60 per cent over Rs 12.61 crore in the corresponding period last year. Sales income grew 12.6 per cent to Rs 142.63 crore from Rs 126.59 crore.

Andhra Sugars Q4 net up 60 pc

Taj GVK Hotels &amp; Resorts Ltd, a strategic alliance between GVK group and Indian Hotels Company Ltd, reported a net profit of Rs 12.88 crore in the March quarter, which is up 6 per cent from Rs 12.17 crore in the same period last year. The full-year profit for 2010-11 was 19.5 higher at Rs 43.34 crore (Rs 36.26 crore). Its income in the reporting quarter was Rs 69.06 crore (Rs 62.91 crore), while that for the full-year was Rs 259.28 crore (Rs 228.25 crore).

Taj GVK net up 6%

RPG group company Phillips Carbon Black Ltd registered a lower Q4 profit of Rs 33.29 crore, down by 8% compared to the corresponding period last year, due to its higher deferred tax burden.

Phillips Carbon Black Q4 net down 8% at Rs 33 cr

SKF India posted its net profit for the first quarter ended March 2011 amounted to Rs 61 crore, showing a growth of 40% over the corresponding quarter of the previous year.

SKF India Q1 net up 40% at Rs 61 cr

The company had a net income of $5.62 million during January-March, 2010 period.

EXL Services Q1 net up 49% at $8.36 mn

The company had a net loss of Rs 5.4 crore in the corresponding period of last fiscal, Finolex Cables said in a statement.

Finolex Cables Q4 PAT at Rs 18 cr

Textiles firm Shri Lakshmi Cotsyn today said its net profit rose by 9.05% to Rs 27.70 crore for the quarter ended March 31, 2011, over the same period previous fiscal.

Shri Lakshmi Cotsyn March qtr net up 9.05% to Rs 27.7 cr

Garden Silk Mills today said its net profit rose by 17.50% to Rs 27.32 crore for the fourth quarter ended March 31, 2011, over the same period previous fiscal.

Garden Silk Mills Q4 net up 17.5% to Rs 27.3 cr

Birla Corporation Limited, the flagship company of the M P Birla Group, has achieved a turnover of Rs 2,415 crore, against Rs 2,387 crore in the previous year.

Birla Corp PAT at Rs 319.88 cr

According to a senior official, the bank has recorded a quantum jump in its gross profit for the year ended March 31, 2011, at Rs 2,122.46 crore as against Rs 1,402.6 crore last year, registering a growth of 51.33 per cent.

State Bank of Patiala's gross profit up by 51.33%  

Cognizant Technology Solutions has reported net profit of $208.3 million during the first quarter of 2011, as compared to $151.5 million during the same period last year, an increase of 38 per cent. These figures are on the GAAP (generally accepted accounting principles) basis.

Cognizant net profit up 38% in first quarter

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 885 - Company Results