net profit

Government committing fraud, says CPI-M


September 14th, 2012 - 3:44 pm ICT by IANS
New Delhi, Sep 14 (IANS) The CPI-M Friday accused the government of committing a "gigantic fraud" by hiking fuel prices at a time when Indian oil companies were making huge ... Read more...

Posted in Politics |

Reliance Capital to pay special dividend of 50 percent


September 10th, 2012 - 6:08 pm ICT by IANS
Mumbai, Sep 10 (IANS) Reliance Capital Monday said it will pay shareholders a special interim dividend of 50 per cent, Rs.5 per equity share of Rs.10 each, in addition to ... Read more...

Posted in Business |

Assam refinery to explore potential markets in neighbouring countries


September 8th, 2012 - 12:11 am ICT by IANS
Guwahati, Sept 7 (IANS) Given its proximity to countries like Bangladesh, Bhutan and Myanmar, Assam's Numaligarh Refinery Limited (NRL) is now planning to explore potential markets for its products in ... Read more...

Posted in Business |

SJVNL declares Rs.388.84 crore dividend


September 4th, 2012 - 7:48 pm ICT by IANS
Shimla, Sep 13 (IANS) Power utility Satluj Jal Vidyut Nigam Ltd (SJVNL) has declared a Rs.388.84 crore dividend for the last fiscal, the company said here Tuesday.Addressing the annual general ... Read more...

Posted in Business |

Reliance Capital to consider special dividend: Ambani


September 4th, 2012 - 3:12 pm ICT by IANS
Mumbai, Sep 4 (IANS) To mark 25 years of Reliance Capital, chairman Anil Ambani Tuesday said the board will consider a special dividend Sep 10 even as talks were on ... Read more...

Posted in Business |

NALCO’s Q1 net profit down 41 per cent


August 16th, 2012 - 7:27 pm ICT by IANS
Bhubaneswar, Aug 16 (IANS) The state-run National Aluminium Company Ltd (NALCO). Thursday said it has recorded a 41 per cent decline in net profit in the first quarter ended ... Read more...

Posted in Business |

German energy firms earn profits, despite N phase-out


August 16th, 2012 - 8:06 am ICT by IANS
Berlin, Aug 16 (IANS) Germany's big energy companies are making profits despite a government decision to phase-out atomic energy, industry experts said.At the top of the positive trend is the ... Read more...

Posted in Business |

Balmar Lawrie Q1 net up marginally


August 14th, 2012 - 7:35 pm ICT by IANS
Kolkata, Aug 14 (IANS) State-run Balmer Lawrie Tuesday reported a marginal 1.6 percent increase in net profit at Rs.45.63 crore for the quarter ended June 30 from Rs.44.91 crore fore ... Read more...

Posted in Business |

Reliance Infrastructure reports decline in Q1 profits


August 14th, 2012 - 7:07 pm ICT by IANS
Mumbai, August 14 (IANS) Reliance Infrastructure Tuesday declared that its standalone net profit declined 24 percent year-on-year to Rs.327 crore in the quarter ended June 2012.The company has posted a ... Read more...

Posted in Business |

Coal India reports marginal net profit growth in Q1 (Lead)


August 13th, 2012 - 11:54 pm ICT by IANS
New Delhi/Kolkata, Aug 13 (IANS) State miner Coal India Limited (CIL) Monday declared a marginal net profit growth with a stand-alone net profit of Rs.45,765.70 million for the quarter ended ... Read more...

Posted in Business |

Hindustan Motors reports Rs.35.5 cr loss in Q1


August 13th, 2012 - 11:53 pm ICT by IANS
Kolkata, Aug 13 (IANS) Kolkata-based Hindustan Motors, makers of the iconic Ambassador, Monday reported a loss of Rs.35.49 crore for the quarter ended June 30, 2012, against a net profit ... Read more...

Posted in Business |

Coal India’s marginal net profit growth in Q1


August 13th, 2012 - 8:49 pm ICT by IANS
New Delhi, Aug 13 (IANS) State miner Coal India Limited (CIL) Monday declared a marginal net profit growth with a stand-alone net profit of Rs.45,765.70 million for the quarter ended ... Read more...

Posted in Business |

ONGC reports Q1 net profit of Rs.6,078 crore


August 11th, 2012 - 10:29 pm ICT by IANS
New Delhi, August 11 (IANS) Public sector oil and gas producer ONGC Saturday reported a net profit growth of 48.4 percent at Rs.6,078 crore for the quarter ending June 30, ... Read more...

Posted in Business |

Reliance Capital quarterly net profit rises to Rs.45 crore


August 11th, 2012 - 8:17 pm ICT by IANS
Mumbai, Aug 11 (IANS) Reliance Capital Saturday said it has posted a consolidated net profit of Rs.45 crore for the quarter ended June 30.The net profit stood at Rs.35 crore ... Read more...

Posted in Business |

China’s largest gold miner posts gloomy results


August 11th, 2012 - 1:02 pm ICT by IANS
Beijing, Aug 11 (IANS) Zijin Mining Group Co., China's largest gold producer by output, Saturday said its net profits slumped 19.95 percent year-on-year in the first half of 2012 as ... Read more...

Posted in Business |

Rs.2 bn equity investment in Srei Equipment Finance okayed


August 11th, 2012 - 12:35 am ICT by IANS
Kolkata, Aug 10 (IANS) Kolkata-based infrastructure and construction equipment financing company Srei Infrastructure Finance Ltd. (SIFL) and French financial major BNP Paribas have approved equity investment of up to Rs.2 ... Read more...

Posted in Business |

SBI profit more than doubles to Rs.3,751.56 crore


August 10th, 2012 - 4:13 pm ICT by IANS
Mumbai, Aug 10 (IANS) The country's largest lender State Bank of India (SBI) Friday said its net profit more than doubled to Rs.3,751.56 crore for the quarter ended June ... Read more...

Posted in Business |

Akzo Nobel adopts new strategy to counter rupee’s dipping value


August 9th, 2012 - 11:54 pm ICT by IANS
Kolkata, Aug 9 (IANS) With its net profit dipping by over 10 percent in 2012-13's first quarter compared to the year ago, mainly due to higher cost of raw materials ... Read more...

Posted in Business |

Bharti Airtel’s shares fall for 2nd consecutive day


August 9th, 2012 - 9:43 pm ICT by IANS
Mumbai, Aug 9 (IANS) The shares of leading telecom service provider Bharti Airtel Thursday fell for the second day following disappointing quarterly results.At the Bombay Stock Exchange the shares of ... Read more...

Posted in Sci-Tech |

Emami to make Rs.1.25 billion capital expenditure


August 8th, 2012 - 11:13 pm ICT by IANS
Kolkata, Aug 8 (IANS) Personal and healthcare products major Emami Ltd. would invest up to Rs.1.25 billion in projects in the country and abroad in the current financial year, a ... Read more...

Posted in Business |

Bharti Airtel Q1 net profit down 37 percent (Lead)


August 8th, 2012 - 3:55 pm ICT by IANS
New Delhi, Aug 8 (IANS) Bharti Airtel Wednesday posted a 37 percent decline in net profit at Rs.762 crore for the quarter ended June 30 against Rs.1,215 crore during the ... Read more...

Posted in Business |

Bharti Airtel Q1 net profit declines 37 percent


August 8th, 2012 - 1:57 pm ICT by IANS
New Delhi, Aug 8 (IANS) Telecom service provider Bharti Airtel Wednesday posted a 37 percent decline in net profit at Rs.762 crores for the quarter ended June 30 against ... Read more...

Posted in Business |

Carborundum Universal net down by 31 percent


August 7th, 2012 - 8:01 pm ICT by IANS
Chennai, Aug 7 (IANS) City-based abrasives major Carborundum Universal Ltd closed the first quarter with 6 percent sales growth and 31 percent net profit fall as compared to previous year's ... Read more...

Posted in Business |

Tube Investments of India net down Rs.11.59 crore


August 6th, 2012 - 8:17 pm ICT by IANS
Chennai, Aug 6 (IANS) City-based multi-product company Tube Investments Monday announced a Rs.11.59 crore fall in net profit in the first quarter of the current fiscal as against corresponding period ... Read more...

Posted in Business |

UCO Bank Q1 net profit jumps 24 percent


August 4th, 2012 - 10:41 pm ICT by IANS
Kolkata, Aug 4 (IANS) Public sector lender UCO Bank Saturday reported a jump of almost 24 percent in net profit for the quarter ended June 30, 2012 at Rs.3.62 billion ... Read more...

Posted in Business |

BGR Energy confident of bagging new orders


August 4th, 2012 - 1:58 pm ICT by IANS
Chennai, Aug 4 (IANS) City based engineering-procurement-construction (EPC) company, BGR Energy Systems Ltd., targeting a revenue of Rs.3,750 crore this fiscal, is confident of beefing up its order book position ... Read more...

Posted in Business |

BGR Energy’s Q1 sales and net profit down


August 3rd, 2012 - 8:08 pm ICT by IANS
Chennai, Aug 3 (IANS) City-based engineering, procurement and construction (EPC) company BGR Energy Systems closed the first quarter of the current fiscal with lower sales and profit as compared to ... Read more...

Posted in Business |

United Bank Q1 net up by 31 percent


August 3rd, 2012 - 7:38 pm ICT by IANS
Kolkata, Aug 3 (IANS) State-run United Bank of India Friday reported a 31.28 percent jump in net profit to Rs.1.72 billion for the quarter ended June 30, 2012, from Rs.1.32 ... Read more...

Posted in Business |

City Union Bank to raise Rs.250 crore through rights issue


August 3rd, 2012 - 6:03 pm ICT by IANS
Chennai, Aug 3 (IANS) City Union Bank will raise Rs.250 crore through a rights issue this year to meet its growing business needs and capital adequacy ratio (CAR), said a ... Read more...

Posted in Business |

Mahindra Satyam quarterly net profit rises 56 percent


August 2nd, 2012 - 8:33 pm ICT by IANS
Mumbai, Aug 2 (IANS) Software service provider Mahindra Satyam Thursday posted a 56 percent increase in net profit at Rs.352 crore for the quarter ended June 30 against Rs.225 crore ... Read more...

Posted in Business |

Usha Martin Q1 net profit down 86.5 percent


July 31st, 2012 - 11:37 pm ICT by IANS
Kolkata, July 31 (IANS) Usha Martin, a leading wire rope and specialty steel manufacturer, Tuesday reported a 86.48 percent decline in its consolidated net profit to Rs.3.47 crore during the ... Read more...

Posted in Uncategorized |

Honda Motor quarterly net profit surges


July 31st, 2012 - 4:17 pm ICT by IANS
Tokyo, July 31 (IANS) Automaker Honda's profit in the second quarter this year surged to 131.72 billion yen ($1.7 billion) on brisk car sales in major global markets.For the April-June ... Read more...

Posted in Business |

Russia’s Gazprom world’s most profitable firm in 2011


July 31st, 2012 - 9:56 am ICT by IANS
Moscow, July 31 (IANS/RIA Novosti) Russian energy giant Gazprom overtook US-based energy major ExxonMobil in 2011 to become the world's most profitable company, according to the latest edition of Forbes ... Read more...

Posted in World |

Allahabad Bank Q1 net profit jumps 23 percent


July 30th, 2012 - 6:01 pm ICT by IANS
Kolkata, July 30 (IANS) State-run Allahabad Bank Monday reported a 23 percent jump in net profit at Rs.5.14 billion in the quarter ended June 2012 from Rs 4.18 billion in ... Read more...

Posted in Business |

Birla Corp Q1 net down 24 percent


July 28th, 2012 - 10:32 pm ICT by IANS
Kolkata, July 28 (IANS) Birla Corporation, the flagship company of the M.P. Birla group, Saturday announced a 24.26 percent slide in its net profit to Rs.84.74 crore for the quarter ... Read more...

Posted in Business |

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