Bharti Airtel Q3 net profit jumps 36% YoY
Bharti Airtel Q3 net up 42%
MUMBAI: Bharti Airtel's net profit for the quarter ended Dec 31, 2007 rose36.04 per cent to Rs 1,419.84 crore against Rs 1,043.69 crore in the same quarter of previous year. Total revenue increased 41.47 per cent to Rs 6,682.57 crore from Rs 4,723.68 crore a year ago. Consolidated results as per Indian GAAP: The group's net profit for the October-December quarter rose 38.25 per cent to Rs 1,428.56 crore compared with Rs 1,033.34 crore in the corresponding quarter of earlier year. Total income grew 42.40 per cent to Rs 7,017.95 crore from Rs 4,928.18 crore in last year. Consolidated results as per US GAAP: The group posted a net profit of Rs 1,722.40 crore for the third quarter, a growth of 41.74 per cent compared with Rs 1,215.13 crore in the same period of year earlier. Total revenue increased from Rs 4,912.92 crore to Rs 6,963.90 crore in the current year. At 10:42 am, Bharti Airtel shares were up 1.01 per cent at Rs 858.95 on BSE.
Bank of Baroda Q3 net profit jumps 52% YoY
Bank of Baroda net profit for the quarter ended Dec 31, 2007 rose 52.23 per cent to Rs 501.05 crore against Rs 329.13 crore in the same quarter of previous year. Total income increased 35.68 per cent to Rs 3,620.18 crore from Rs 2,668.11 crore a year ago
DLF Oct-Dec consolidated net $544.4 mn
Real estate developer DLF Ltd reported a consolidated net profit of 21.45 billion rupees ($544.4 mn) for the October-December quarter. Its standalone net profit was 6.06 billion rupees. The company, which was listed in the middle of last year, did not give year-ago numbers.
NTPC Q3 net profit falls 15.37%
National Thermal Power Corporation’s net profit fell 15.37 per cent to Rs 1779.9 crore for December quarter, as compared to Rs 2103.3 crore for the same quarter a year ago. Total Income increased 8.4 per cent to Rs 10,093.2 crore from Rs 9,311 crore.
IOB Q3 net profit grew 24% YoY
Indian Overseas Bank net profit rose 24.88 per cent to Rs 308.19 crore for the quarter ended Dec 31, 2007 compared with Rs 246.78 crore in the same quarter of 2006. Total income increased 42.74 per cent to Rs 2,295.35 crore from Rs 1,608.07 crore a year ago.
Sun Pharma share up 6.6% as Q3 profit rises 109%
Sun Pharmaceuticals net profit rose 109.49 per cent to Rs 345.93 crore in the quarter ended Dec 31, 2007 compared with Rs 165.13 crore in the same quarter of 2006. Net sales increased 75.61 per cent to Rs 733.91 crore for the October-December quarter against Rs 417.91 crore in same quarter of previous year. The group's net profit grew 60.10 per cent to Rs 318.35 croe from Rs 198.85 crore a year ago. Net sales increased 48.87 per cent to Rs 803.97 crore against Rs 540.04 crore in the earlier year.
Bajaj Hindustan Q3 net profit up 71% YoY
Bajaj Hindustan’s net profit 71.70 per cent rose to Rs 29.67 crore in the quarter ended Dec 31, 2007 compared with Rs 17.28 crore in the same quarter of 2006. Net sales increased 19.99 per cent to Rs 286.64 crore from Rs 343.95 crore a year ago.
Mercator posts 98% surge in net for Q3
Domestic shipping line Mercator has registered a 98 per cent surge in net profit at Rs 58.72 crore for the third quarter as against Rs 29.69 crore in the same period last year. The company's operating profit grew by 113 per cent at Rs 160.54 crore during the period ending December 7, against Rs 75.44 crore in the corresponding period last year, Mercator said in a release. The company's income from operations in third quarter rose by 7 per cent to Rs 196.10 crore, against Rs 182.93 crore in the same period last year. Besides, Mercator Board has allowed raising 300 million dollars money through foreign currency convertible bonds or through GRD and ADR, the release added
MTNL Q3 net profit falls 97% YoY
Mahanagar Telephone Nigam net profit fell 53.19 per cent to Rs 97.64 crore for the quarter ended Dec 31, 2007 compared with Rs 208.60 crore for the same quarter ended in 2006. Total income decreased 7.08 per cent to Rs 1,326.91 crore from Rs 1428.03 crore a year ago.
Berger Q3 net rises 4.4 pc to Rs 23.25 crore
M&M Q3 net up 67%
Auto major Mahindra & Mahindra (M&M) on Wednesday posted 67.63 per cent increase in profit after tax at Rs 405.15 crore for the quarter ended December 2007, compared to Rs 241.68 crore for the same quarter in 2006. Total income of the company grew by 13.86 per cent to Rs 2,980.25 crore for the third quarter this fiscal from Rs 2,617.30 crore for the corresponding quarter of the previous fiscal, the company informed the BSE.
Bajaj Auto Q3 net down 5%
Bajaj Auto Ltd said on Wednesday its quarterly net profit fell 5 per cent, missing analyst forecasts, on volatile raw material costs and sluggish sales due to firm interest rates.
Its shares fell 6.5 per cent to Rs 2,223.95 in a weak Mumbai market.
Bajaj, which also makes scooters and leads the market for three-wheeled motorised rickshaws, said net profit fell to Rs 327 crore ($83 million) in the fiscal third quarter to Dec. 31 from Rs 345 crore reported a year earlier.
Consensus forecast for net profit was Rs 344 crore in a Reuters poll of 10 analysts.
Pune-based Bajaj sold 713,443 units in the December quarter, a 3.4 per cent fall from the same period a year earlier.
Hindustan Zinc Q3 net dips 41.20%
Hindustan Zinc Ltd has announced the following unaudited results for the quarter ended December 31, 2007:
The company has posted a net profit of Rs 785 crore for the quarter ended December 31, 2007 as compared to Rs 1335 crore for the quarter ended December 31, 2006. Total Income has decreased from Rs 2546 crore for the quarter ended December 31, 2006 to Rs 1769 crore for the quarter ended December 31, 2007.
Jindal Stainless Q3 net dips 55.24%
Jindal Stainless Ltd has announced the following unaudited results for the quarter ended December 31, 2007:
The company has posted a net profit after tax of Rs 50.6 crore for the quarter ended December 31, 2007 as compared to Rs 113.05 crore for the quarter ended December 31, 2006.
Tata Chemicals Q3 net dips 41.55%
Tata Chemicals Ltd has announced the following audited results for the quarter ended December 31, 2007: The company has posted a net profit after tax of Rs 125.48 crore for the quarter ended December 31, 2007 as compared to Rs 116.77 crore for the quarter ended December 31, 2006. Total income has decreased from Rs 1318.81 crore for the quarter ended December 31, 2006 to Rs 1236.52 crore for the quarter ended December 31, 2007.
The audited consolidated results are as follows: The group has posted a net profit after tax of Rs 91.09 crore for the quarter ended December 31, 2007 as compared to Rs 155.85 crore for the quarter ended December 31, 2006. Total income has decreased from Rs 1793.7 crore for the quarter ended December 31, 2006 to Rs 1712.67 crore for the quarter ended December 31, 2007.
Power Grid Corporation Q3 net up 13.9% at Rs 384.28 cr
Power Grid Corporation of India Ltd has announced the following unaudited results for the quarter ended December 31, 2007:
The company has posted a profit after tax of Rs 384.28 crore for the quarter ended December 31, 2007 as compared to Rs 337.27 crore for the quarter ended December 31, 2006. Total Income has increased from Rs 1004.80 crore for the quarter ended December 31, 2006 to Rs 1193.77 crore for the quarter ended December 31, 2007.
Merck Q4 net at Rs 68.82 cr
GMDC Q3 net up 77% at Rs 93.25 cr
JB Chemicals Q3 net dips 45.3%
Voltamp Transformers net up 118% at Rs 22.73 cr
Cummins India Q3 net up 18.63% at Rs 74.61 cr
IOB Q3 net up 24.88% at Rs 308.18 cr
Aditya Birla Nuvo Q3 net up 59.36% at Rs 84 cr
IndusInd Bank Q3 net up 15.76% at Rs 25.04 cr
Andhra Bank Q3 net up 16.68% at Rs 159.0207 cr
OBC Q3 net dips 24.08% at Rs 138.48 cr
Aurobindo Pharma Q3 net at Rs 55.25 cr
DLF Q3 net at Rs 2,145 cr
Lanco Infratech Q3 net up 32.69% at Rs 82.519 cr
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