Company Results

Gayatri Projects Q1 Net Profit Zooms 25.93%

Gayatri Projects Q1 Net Profit Zooms 25.93%Gayatri Projects Limited has recorded an increase of 25.93% in its net profit for the first quarter of the existing year (2010-11).

During the period, the company registered a net profit of Rs 15.06 crore.

The Hyderabad-based Infrastructure company had a net profit of Rs 11.96 crore during the same period of 2009.

Reliance Infra Q1 Net Up 6%

Reliance Infra Q1 Net Up 6%Reliance Infrastructure Limited, the country's major infrastructure conglomerates, declared the results for the three month period ended June 30.

The company has recorded an increase of 6% in its first quarter net profit as compared to the same period last year.

Bata India Q4 Net Up 40.7% at Rs 25.90 Crore

Bata India Q4 Net Up 40.7% at Rs 25.90 CroreBata India recorded an increase of 40.7% in its net profit, which stood at Rs 25.90 crore during April-June quarter.

The company had registered a net profit of Rs 18.34 crore during the same period of last financial year.

The net sales of the shoemaker increased by 13.4% to Rs 350.1 crore during the second quarter of the existing fiscal as against Rs 308.6 crore in the same period of last year.

Essar Oil Records Net Loss Of Rs 70 Cr In Q1

Essar Oil Records Net Loss Of Rs 70 Cr In Q1Private refiner Essar Oil Ltd has registered a net loss of Rs 70 crore during the three month period ended June 2010 as against a net profit of Rs 169 crore in the same period of 2009.

But, the total income of the company surged to Rs 10,570 crore during the quarter under review as against Rs 6,601 crore for April-June 2009.

JSW Steel Q1 Net Rises 3 Percent

JSW Steel Q1 Net Rises 3 PercentJSW Steel Ltd has recorded an increase of 3.01% in its net profit, which stood at Rs 350.27 crore during the first quarter of the existing financial year.

The country's second largest steel manufacturer had recorded a net profit of Rs 340.02 crore in the same period of 2009.

Maruti Net Profit Falls Short of Estimates; Shares Drop 10%

Maruti Net Profit Falls Short of Estimates; Shares Drop 10%Shares of the country's largest auto maker Maruti Suzuki have declined over 10 per cent after it registered a drop of 20% in its quarterly income.

Shares dropped to Rs 1,218 ($26; £17) as against their last closure at Rs 1,358 on Friday.

Indian Bank Q1 Net Surges 11% To Rs 368 Crore

Indian Bank Q1 Net Surges 11% To Rs 368 CroreIndian Bank has registered an increase of 11% in net profit, which stood at Rs 368.15 crore during the first quarter ended June 2010 as compared to Rs 331.66 during the corresponding period of 2009.

The earnings per share (EPS) of the bank increased to Rs 33.16 from Rs 29.76 in the same period of last year.

Jet Airways Records Rs 3.52 Cr Net Profit In Q1

Jet Airways Records Rs 3.52 Cr Net Profit In Q1In the first quarter of 2010-11, Jet Airways recorded a net profit of Rs 3.52 crore on the back of superior seat sales and increase in passenger traffic as compared to a loss of Rs 22.53 crore during the same period of last fiscal
(2009-10).

Bajaj Auto Q1 Net Profit Doubles

Bajaj Auto Q1 Net Profit DoublesIndia's second biggest two and three wheeler company Bajaj Auto recorded a 100% growth in its net profit, which stood at Rs 590 crore during the three month period ended June 2010 as compared to Rs 293 crore during the same period of 2009-10.

For the first quarter of this fiscal, the total income of auto maker grew by 66.35% to Rs 3,890.06 crore as compared to Rs 2,338.47 crore in the corresponding period of last year.

Nokia Records Drop In Q2 Net Profit

Nokia Records Drop In Q2 Net ProfitAmid ongoing competitive challenges, Nokia has announced a decline in its net profit for the three month period ended June 2010.

The world's biggest mobile phone manufacturer reported net profit worth 104 million euros (USD 133 million) as against 287 million euros during the corresponding period of 2009.

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