Uttam Galva Steels today reported an around 23% decline in net profit for the quarter ended September 30 to Rs 17.83 crore on account of high raw material costs.

Uttam Galva Q2 net down 23% to Rs 18 cr

Press Trust of India

Onward Technologies Ltd (OTL), a global player in mechanical engineering designing and information technology consulting services has recorded a 43% in its consolidated sales to Rs 34 crore from Rs 24 crore in the same period last year.

Onward Technologies Q2 net jumps 21%, sales up 43%

Business Standard

JSW Steel's net profit plunged over 71% to Rs 127 crore in the July-September quarter this fiscal due to foreign exchange losses and higher outgo on raw material.

JSW Steel Q2 net dips 71% to Rs 127 cr

The company had posted a net profit of Rs 8.5 crore for the same period last fiscal.

AGC Networks Q2 net doubles, to expand footprint abroad

Mangalore Refinery and Petrochemical (MRPL) has reported a 91% drop in net profit in the quarter ended September 30, mainly due to losses on account of depreciation of rupee.

MRPL net profit drops 91% on rupee fall

The company had posted a net profit of Rs 17.4 crore in the same period last financial year, SSL said in a statement.

Shoppers Stop Q2 net up 12% at Rs 19 cr

HT Media today posted 12.98% increase in consolidated net profit for the second quarter ended September 30, 2011, to Rs 43.84 crore.

HT Media Q2 net up 13% to Rs 44 cr

KPIT Cummins Infosystems Ltd, a product engineering and IT consulting firm, reported increase of 42 per cent in its net profit at Rs 36.47crore as compared to Rs 23.75 crore last year for the third quarter ended on September 30, 2011. The revenue also witnessed a increase of 44 per cent at Rs 325 crore as compared to Rs 224.5 crore last quarter.

KPIT Cummins' net up 42% at 36.47 cr

Microsoft Corp, the largest software maker, reported first-quarter sales that topped analysts&rsquo; predictions as companies invested in Office and server programmes, outweighing poor consumer demand for computers.

Microsoft sales beat estimates on demand

Reeling from the iron ore shortage and foreign-exchange losses, JSW Steel on Friday posted a 71.5 per cent drop in its second quarter net profit at Rs 127.1 crore as against Rs 445.4 crore year earlier.

JSW Steel profit plunges 71.5% in second quarter

Arvind Q2 net up by 58%, sales by 23%

The bank had a net profit of Rs 735.14 crore in the corresponding quarter last fiscal, Axis Bank said in a filing to the Bombay Stock Exchange.

Axis Bank Q2 net up 25% to Rs 920 cr

Manipal-based public sector lender Syndicate Bank on Saturday reported a 36% rise in net profit at Rs 323 crore for the second quarter ended September 2011 compared to the corresponding quarter last fiscal. The operating profit for the quarter rose by 14% to Rs 891 crore as against Rs 779 crore reported in the same quarter last year.

Syndicate Bank net up 36% in Q2 at Rs 323 cr

Grasim Industries, the flagship of the Aditya Birla Group, today announced a 29.4% jump in its net profit at Rs 418 crore for the quarter ended September 2011. In the corresponding period a year ago it was Rs 323 crore.

Grasim Q2 up 29% at Rs 418 cr

Wind power company Suzlon Energy today announced a turnaround in net profit at Rs 48 crore for the quarter ended September 2011. For the corresponding period a year ago the company reported a net loss of Rs 369 crore.

Suzlon back in black, Q2 net at Rs 48 cr

The leading power transmission utility had a profit of Rs 651.40 crore in the year-ago period.

Power Grid Q2 net up 9% at Rs 708 cr

Private sector lender Axis Bank on Saturday reported 25 per cent growth in net profit to Rs 920 crore for the quarter ended September 30, as compared to Rs 735 crore in the same period last year. Higher interest income from advances, rising fee income and better interest margin aided the bank's earnings growth during the quarter.

Axis Bank net up 25%

Manipal-based public sector lender Syndicate Bank on Saturday reported a 36 per cent rise in net profit to Rs 323 crore for the second quarter ended September, compared to the same quarter last financial year. The operating profit for the quarter rose 14 per cent to Rs 891 crore, as from Rs 779 crore in the same quarter last year.

Syndicate Bank profit rises 36%

Financial technology firm Polaris Software Lab Ltd posted a 12.02 per cent growth in net profit at Rs 53.94 crore for the second quarter (Q2) ended September 30 compared to Rs 48.15 crore for the same period last year.

Polaris Software Q2 net profit up 12% at Rs 53.94 cr

Zensar Technologies, an IT and BPO services provider reported its financial results for the quarter ended 30th September 2011 with a rise by 46 per cent year-on-year in its net profit to Rs 40 crore as against Rs 27.5 crore in the same quarter of last year.

Zensar's net rises by 46%

Led by a continued growth in its brands and retail business, Arvind Limited has posted a 58 per cent growth in its consolidated net profit for the quarter ended September 30, 2011. Arvind' consolidated net profit went up to Rs 62 crore, as against Rs 39 crore in the corresponding quarter last year on account of improved EBITDA margin.

Arvind second quarter net up by 58%, sales rise by 23%

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