Surya Roshni Ltd today posted 40.13% increase in net profit at Rs 18.54 crore for the third quarter ended December 31, 2012.

Surya Roshni Q3 net up 40% at Rs 19 cr

Press Trust of India

State-run hydro power producer NHPC today reported a net profit of Rs 311.77 crore in the three-month period ended December 2012.

NHPC posts Rs 312 cr quarterly profit

Hyderabad-based Nava Bharat Ventures Limited, which is into power generation, ferroalloys and sugar manufacturing, reported a 75.83 per cent jump in net profit to Rs 57.15 crore for the quarter ended December 2012 on the back of a huge upside in profit from power operations and almost flat increase in expenditure.

Nava Bharat Q3 net up 75%

Business Standard

Dhanlaxmi Bank on Thursday reported a net profit of Rs 4.39 crore for the third quarter ended December, 2012. It had reported a loss of Rs 36.87 crore in the corresponding quarter of the previous financial year.

Dhanlaxmi posts profit of Rs 4.39 cr

On the bank&rsquo;s results, Chairman and Managing Director K R Kamath said the increase in net profit was due to a fall in provisions against non-performing assets, higher cash recovery and a drop in the cost of funds.

PNB posts 13.53% increase in profit

ICICI Bank, India&rsquo;s largest private sector lender, on Thursday said its consolidated net profit for the quarter ended December 2012 increased 22 per cent to Rs 2,645 crore compared to the corresponding period of the previous year, owing to an improvement in the banking and life insurance businesses.

ICICI Bank consolidated net up 22%

Facebook Inc reported a plunge in fourth-quarter profit on higher spending, even while it made long-awaited progress luring advertisers eager to reach mobile-device users.

Facebook profit drops as spending up on new features

Indian Overseas Bank (IOB) reported a 7.60 per cent growth in net profit during the third quarter ended December 2012 at Rs 116.50 crore as against Rs 108.27 crore in the same period last year.

IOB net profit rises 7.6%

Siemens posted a net profit of Rs 73.07 crore for the December quarter, a rise of 21 per cent over the year-ago period, on the back of improved margins. But a decline in order inflow and flat revenue remain concerns for the Indian arm of the German firm.

Siemens net profit rises 21% to Rs 73 cr

Deutsche Bank plunged to a euro 2.6-billion ($3.5 billion) quarterly loss after it took charges aimed at drawing a line under a series of scandals and cleaning up its balance sheet without asking shareholders for cash. Germany's biggest lender said on Thursday the pretax loss was partly due to a euro1-billion hit to cover legal risks, including its potential exposure to an industry-wide scandal involving the fixing of benchmark interest rates.

Deutsche Bank takes $3.5-bn loss

Reuters 

Allahabad Bank on Thursday said its net profit for the third quarter fell 44.5 per cent from a year earlier to Rs 310.83 crore on account of higher provisions and lower net interest income.

Allahabad Bank net profit falls 44.5%

Union Bank of India posted a 53.81 per cent year-on-year growth in net profit for the third quarter at Rs 303 crore on lower base and robust recovery and upgradation of non-performing assets.

Union Bank net zooms 53.81%

Profit at India's top mobile network operator Bharti Airtel Ltd fell for the twelfth successive quarter, with higher costs dragging its results well below market expectations.

Bharti Q3 net declines 72% to Rs 284 cr

Bharat Heavy Electricals Ltd, India's top power equipment maker, missed analyst estimates with a 17.5% fall in third-quarter net profit, hit by a slowdown in new orders, sending its shares down more than 4%.

BHEL Q3 net falls 17.5% at Rs 1,182 cr

Mangalore-based Corporation Bank has reported a net profit to Rs 303.17 crore for the third quarter ended December 31, 2012, registering a decline of 24.6% from Rs 402.21 crore in the corresponding quarter last year. The bank's profit was impacted due to higher provisions. The total income of the public sector lender for the October-December period stood at Rs 4257.84 crore up 12.3% from Rs 3776.30 crore a year ago period.

Corporation net down 24% to Rs 303 cr

Karur Vysya Bank today reported a decline of 9.5% in its net profit at Rs 113.04 crore for the quarter ended December 2012 on account of increase in bad loans.

Karur Vysya Q3 net down 9.5% at Rs 113 cr

Mahindra &amp; Mahindra today reported 9.76% decline in its total tractor sales in January 2013 at 17,473 units.

M&M tractor sales down 10% in January

The company had sold 44,718 units in the same month in 2012, Mahindra &amp; Mahindra (M&amp;M) said in a statement.

Mahindra posts 11% rise in Jan sales

The company had sold 17,395 units in the corresponding month of previous year, Toyota Kirloskar Motor (TKM) said in a statement.

Toyota Kirloskar sales down 23% in Jan

Net profit of TVS Motor Company has experienced a drop of 7.2% for three months ended December 31, 2012, at Rs 52.45 crore compared to net profit of Rs 56.53 crore posted for the corresponding period in the previous fiscal year.

TVS Motor Q3 net profit down by 7.2%

Two-wheeler manufacturer Honda Motorcycle &amp; Scooter India (HMSI) today reported 21.63% growth in its total sales for January 2013 at 2,30,304 units.

HMSI January sales up 22%

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