Agro and food processing major, Anil Limited, reported a jump of 29 per cent in its net profit at Rs 11.74 crore for the second quarter ended September 30, 2011 as against Rs 9.09 crore posted in the second quarter of the previous financial year.

Anil Ltd net up 29%

Business Standard

The consolidated net profit of India&rsquo;s largest real estate company, DLF Ltd, dropped 11 per cent to Rs 372 crore during the second quarter ended September from Rs 418 crore in the corresponding period last year. The company has attributed the decline in profit to the high interest rate environment, thereby impacting sales.

High interest rate, poor demand pull down DLF net profit

Vadodara-based Diamond Power Infrastructure Limited (DPIL), an integrated player in the power equipment and EPC segment, has reported a 21 per cent increase in net profit at Rs 33.45 crore for second quarter that ended on September 30, 2011 of the current financial year as compared to Rs 27.76 crore of the same quarter of last year according to its financial results.

DPIL Q2 profit up by 21%

Power company Adani Power posted a 41% jump in its net profit at Rs 177.4 crore for the quarter ended September 2011. The figure was Rs 125.8 crore in the year-ago period.

Adani Q2 net up 41% at Rs 177 cr

Private sector lender Lakshmi Vilas Bank (LVB) has reported an 18% jump in net profit to Rs 29 crore for the second quarter ended September 30, 2011, on the back of higher income.

Lakshmi Vilas Bank Q2 net up 18% at Rs 29 cr

Press Trust of India

Stainless steel-maker Varun Industries today reported a net profit of 15.40 crore for the quarter ended September 30, 2011, a growth of 24% vis-a-vis the corresponding period of the previous fiscal.

Varun Ind Q2 net up 24%, sales up 2%

Adani Group firm Mundra Port and SEZ Ltd today reported a growth of over 29% in net profit to Rs 273 crore for the quarter ended September 30, 2011, on the back of increased revenues from operations.

Mundra Port Q2 net up over 29% at Rs 273 cr

Educomp Solutions, an education solutions provider, reported a 78% drop in net profit (minority interest) at Rs 12.7 crore as against Rs 57.8 crore in the same period a year ago.

Educomp Q2 net plunges 78% to Rs 13 cr

Housing Development &amp; Infrastructure Ltd, a Mumbai-based real estate builder, today announced a 24.4% drop in net profit at Rs 148.5 crore for the quarter ended September 2011. A year ago during the same period, the company posted a net profit of Rs 196.5 crore.

HDIL Q2 net dips 24% to Rs 148 cr

Tata Chemicals, the fertiliser and chemicals arm of Tata Group, today posted over two-fold jump in net profit to Rs 275 crore for the second quarter of 2011-12 fiscal on the back of higher growth.

Tata Chemicals Q2 net up twofold to Rs 275 cr

Country's largest private air carrier Jet Airways today posted a net loss of Rs 713.60 crore for the second quarter of 2011-12, due to high prices of aviation turbine fuel and a depreciating rupee.

Jet Airways Q2 slips to red, posts Rs 714 cr loss

The company had earned a net profit of Rs 127.8 crore in the same period last year.

Renuka Sugars posts Q4 net loss at Rs 618 cr

The company had a net loss of Rs 5.62 crore in the same period previous fiscal, SIL said in a filing to the Bombay Stock Exchange (BSE).

Scooters India June qtr net loss at Rs 4 cr

Sintex Industries, one of the leading plastic products makers in India has registered a drop of 23 per cent in its profits after tax (PAT) at Rs 79.83 crores for the second quarter ended September 30, 2011 against Rs 98.41 crore registered in the corresponding period last year.

Sintex Industries&#39; profit dips by 23% on currency fluctuations

IT major Infosys reported a growth of 10.8% in net profit at Rs 1,906 crore for the quarter ended September 30, 2011. In the previous quarter it was Rs 1,720 crore.

Infosys Q2 net up 10.8% to Rs 1,906 cr

Infosys posted better-than-expected financials on Wednesday, reinstating the faith of investors in India&rsquo;s $76-billion information technology (IT) industry that is primarily dependent on global outsourcing spends.

Infosys logs 9.7% growth in net profit

The country's largest oil and gas company Reliance Industries Ltd (RIL) saw its net profit jump 16% to Rs 5,703 crore for the second quarter (Q2) ended September 30, 2011, as higher earnings from oil refining and petrochemicals business helped it offset a dip in natural gas production.

UPDATE: RIL Q2 net jumps 16% to Rs 5,703 cr

UTI Asset Management, India&rsquo;s oldest fund house, saw its profit after tax (PAT) decline 19 per cent to Rs 137.5 crore in 2010-11, a year in which most major asset managers showed healthy growth in profits. However, UTI was the third most profitable firm after Reliance and HDFC.

UTI profit falls 19% in FY11

Higher gross refining margins have helped Reliance Industries (RIL) offset lower oil and gas production and post its highest net profit ever. Meeting forecast, RIL reported a 15.8 per cent rise in its net profit at Rs 5,703 crore for the July-September quarter of 2011. Its net profit for the corresponding previous quarter stood at Rs 4,923 crore.

RIL posts highest net profit, grows by 16%

Oberoi Realty today reported a 17% increase in its consolidated net profit to Rs 111.44 crore for the quarter ended September 30, 2011, on the back of higher sales.

Oberoi Realty Q2 net up 17% to Rs 111 cr

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

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