Real estate companies continue to feel the pain in the second half of the current financial year, though city-based developer Oberoi Realty posted a 17 per cent growth in the net profit for the second quarter of 2011-12 at Rs 111.44 as compared to Rs 95.51 crore in the corresponding period in the previous fiscal.

Realty firms' profit decline may continue

Business Standard

Subhash Chandra-owned Essel Group's Zee Entertainment posted a growth of 23% in net profit for the second quarter ended September, 2011, at Rs 160 crore. The net profit for the corresponding quarter last year was at Rs 130 crore, according to a release filed with the Bombay Stock Exchange (BSE).

Zee Ent Q2 net soars 23% to Rs 160 cr

Trissur-based South Indian Bank's net profit for the quarter ended September 2011 rose more than 24% year-on-year to Rs 95 crore on the back of higher loan book growth. This is the highest ever net profit the bank has recorded in a single quarter.

South Indian Bank posts highest-ever quarterly profit

As per Indian accounting norms, the company had a consolidated net profit of Rs 2,169 crore in the same period last fiscal, TCS said in a filing to the Bombay Stock Exchange (BSE).

TCS Q2 net up 6% to Rs 2,301 cr

The Bangalore-based private sector lender ING Vysya Bank today reported 53% rise in net profit at Rs 115.4 crore in the July-September quarter, driven by higher net interest income (NII) and lower provisioning.

ING Vysya Bank Q2 net jumps 53%

Press Trust of India

Persistent Systems, an outsourced software product development services player, announced its financial results and posted a rise in its net profit to Rs 32.411crore for the quarter ended 30 September, 2011 as compared to Rs 27.568 crore for quarter ended 30 June, 2011 thereby showing a rise by 17.5 per cent.

Persistent Systems posts 17% rise in net profit

Granules India Limited, an integrated formulations manufacturer, witnessed a 45.79 per cent decline in its net profit to Rs 2.45 crore for the second quarter ended Sept 2011, as compared with Rs 4.52 crore during the corresponding quarter last year. Net revenues increased 37 per cent to Rs 161.4 crore (Rs 117.9 crore).

Granules Q2 net dips 46%

Citigroup Inc, the third-biggest US bank, said profit rose 74 per cent, beating analysts&rsquo; estimates as a $1.9 billion accounting gain reduced the impact of declining trading and investment-banking revenue.

Citigroup profit rises 74%, beats estimates

Tata Consultancy Services (TCS), India&rsquo;s largest software exporter, on Monday reported a 6.1 per cent rise in its second-quarter net profit from a year ago, on the back of favourable growth in international markets, strong growth in volumes and business wins across key verticals.

TCS Q2 net up 6% at Rs 2,301 cr

IT and product engineering services company MindTree has posted strong financials for the second quarter (Q2) in a row in FY12. In the quarter ended September 30, the company reported a 134.9 per cent jump in its net profit to Rs 54.5 crore as compared to the same period in the last financial year.

MindTree Q2 profit jumps 135%

The operating income rose by 40 per cent to Rs 4,077 crore.

HDFC net up 20% on healthy loan growth

Bangalore-based foreign lender, ING Vysya Bank, reported a 53.3 per cent rise in net profit at Rs 115.4 crore for the quarter ended September, primarily owing to robust interest income.

ING Vysya Bank Q2 net up 53.3% at Rs 115.4 cr

IT firm HCL Technologies (HCLT) today posted a 2.7 per cent in net profit at Rs 496.7 crore for the first quarter ended September 30, 2011. In the previous quarter it was Rs 510.5 crore.

HCL Tech Q1 net dips 2.7% to Rs 496 cr

Petronet's net profit was up 98% to Rs 260.33 crore in the July-September quarter, compared to Rs 131.1 crore in the same period a year ago, the company said in a statement.

Petronet LNG Q2 net jumps two-fold to Rs 260 cr

The company had posted a net profit of Rs 144.45 crore for the July-September quarter last year, as per Indian accounting standards, Patni Computer said in a filing to the BSE.

Patni Q3 net profit dips 37% to Rs 90 cr

NIIT Technologies, an IT organisation, today reported an 11.2% increase in net profit to Rs 46 crore for the quarter ended September 30, 2011. In the previous quarter it was Rs 40.8 crore.

NIIT Tech Q2 net rises 11.2% to Rs 46 cr

The country's largest two-wheeler maker Hero MotoCorp today reported 19.39% jump in its net profit for the quarter ended September 30 at Rs 603.62 crore due to highest-ever vehicle sales in the period.

Hero MotoCorp Q2 net up 19% at Rs 604 cr

Chambal Fertilisers &amp; Chemicals today reported an over 6% increase in net profit to Rs 91.65 crore for the quarter ended September 30, 2011 on lower tax expenses.

Chambal Fertilisers Q2 net up 6% at Rs 92 cr

The company had profit after tax of Rs 202.3 crore in the same period last fiscal, IFCI said.

IFCI Q2 net down marginally at Rs 198 cr

The bank had recorded a net profit of Rs 133.15 crore in the corresponding quarter last fiscal, IndusInd Bank said in a filing to the Bombay Stock Exchange (BSE).

IndusInd Bank Q2 net profit up 45%

HCL Technologies has posted a net profit of Rs 496.7 crore in the quarter ended September 30, a 50 per cent jump when compared with the year-ago period. The IT services firm, while announcing this on Tuesday, said the result was driven by an all-round growth across geographies and service lines.

HCL Tech logs 50% growth in Q1 net

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