SAIL Q2 net up 18% at Rs 2,010 cr
State-run Steel Authority of India today said its net profit for the second quarter ended September 30 stood at Rs 2,009.60 crore, a 18.19 per cent growth over the corresponding period a year-ago. The firm had a net profit of Rs 1,700.24 crore in the September quarter of FY'08, SAIL said in a filing to the Bombay Stock Exchange. The total income rose 34 per cent to Rs 1,2660.99 crore in the reviewed quarter, from Rs 9,467.75 crore in the year-ago period. For the six month ended September 30, the company reported a net profit of Rs 3,644.79 crore, a 13 per cent growth over the corresponding year-ago period. The company had a net profit of Rs 3,225.36 crore in the September quarter of last fiscal. The net sales increased to Rs 25,727.73 crore during the six months, from Rs 19,270.08 crore in the year ago period. Shares of SAIL were trading at Rs 105.85, down 1.85 per cent on the BSE.
Jaiprakash Associates Q2 net up 96% at Rs 203 cr
Infrastructure firm Jaiprakash Associates today announced a net profit of Rs 203.13 crore for the second quarter ended September 30, a 96.03 per cent growth over the corresponding period a year-ago.
The company had a net profit of Rs 103.62 crore in the second quarter of FY08, Jaiprakash Associates said in a filing to the Bombay Stock Exchange.
Jaiprakash Associates also declared the first interim dividend of 30 paise. The company would also raise about Rs 1,800 crore through right issue to meets its fund requirements.
The total income rose to Rs 1,286.63 crore in the quarter under review, from Rs 922.20 crore in the same period last year.
For six months ending September 30, the company reported a net profit of Rs 330.39 crore, a 35.70 per cent rise over the year ago-period.
The company had a net profit of Rs 243.46 crore in the corresponding period last fiscal.
The total income of the company increased to Rs 2,472.76 crore in the six-month period, from Rs 1,926.79 crore.
Shares of Jaiprakash Associates were trading at Rs 77.05, up 13.81 per cent in the morning trade on the BSE.
Other Results:
RNRL net up 5 pc at Rs 20.10 cr
Hero Honda net up 50 pc at Rs 306 cr
NIIT PAT up 41 pc at Rs 29.7 cr
Zee Entertainment Q2 PAT up 84 pc at Rs 178 cr
Idea Cellular slumps 11% on disappointing Q2
MindTree's Q2 revenues grows 40.6 per cent
Crompton Greaves Q2 net profit jumps 24% YoY
Canara Bank's Q2 net up by 32 per cent
Elecon Engineering Q2 net down 7 pc at Rs 16.01 cr
Marico posts Q2 net profit of Rs 45 cr
Tech Mahindra net up 66.7% y-o-y to Rs 303cr
SBBJ net rises 36% to Rs 179.37 crore
Allahabad Bank net dips 83% on high provision
JB Chemicals hits upper circuit on strong Q2 results
SAIL ends 2% lower as OPM falls 410 bps to 24.6%
Tech Mahindra Q2 net up 63% at Rs 296 cr
Hero Honda net up 50% at Rs 306 cr
Polaris Software Q2 PAT up 89% at Rs 34.42 cr
Zee Entertainment Q2 net slips
LIC Housing Finance Q2 net up 16% at Rs 135 cr
Marico Q2 net up 12% at Rs 47 cr
United Spirits Q2 net up 17% at Rs 94 cr
Indiabulls Financial Q2 net down at Rs 44.80 cr
Blue Dart Express net profit declines 21.95% in the September 2008 quarterSales rise 28.22% to Rs 265.79 crore
Bongaigaon Refinery & Petrochemicals reports net loss of Rs 81.15 crore in the September 2008 quarterBongaigaon Refinery & Petrochemicals reported net loss of Rs 81.15 crore in the quarter ended September 2008 as against net profit of Rs 113.23 crore during the previous quarter ended September 2007. Sales rose 57.78% to Rs 2182.38 crore in the quarter ended September 2008 as against Rs 1383.20 crore during the previous quarter ended September 2007.
Punjab Tractors net profit rises 178.47% in the September 2008 quarter
Net profit of Punjab Tractors rose 178.47% to Rs 27.29 crore in the quarter ended September 2008 as against Rs 9.80 crore during the previous quarter ended September 2007. Sales rose 48.85% to Rs 307.98 crore in the quarter ended September 2008 as against Rs 206.90 crore during the previous quarter ended September 2007.
Brigade Enterprises reports net profit of Rs 38.69 crore in the September 2008 quarter
Tata Sponge Iron net profit rises 308.30% in the September 2008 quarter
Hindustan Motors reports net loss of Rs 16.21 crore in the September 2008 quarter
Polaris Software Lab net profit rises 138.42% in the September 2008 quarterNet profit of Polaris Software Lab rose 138.42% to Rs 29.97 crore in the quarter ended September 2008 as against Rs 12.57 crore during the previous quarter ended September 2007. Sales rose 22.80% to Rs 290.33 crore in the quarter ended September 2008 as against Rs 236.43 crore during the previous quarter ended September 2007.
Power Finance Corporation net profit rises 16.69% in the September 2008 quarterNet profit of Power Finance Corporation rose 16.69% to Rs 329.33 crore in the quarter ended September 2008 as against Rs 282.22 crore during the previous quarter ended September 2007. Sales rose 29.12% to Rs 1584.98 crore in the quarter ended September 2008 as against Rs 1227.48 crore during the previous quarter ended September 2007
Ashok Leyland net profit declines 16.31% in the September 2008 quarter
Tech Mahindra net profit rises 63.68% in the September 2008 quarter
Wire & Wireless India reports net loss of Rs 25.77 crore in the September 2008 quarter
Manali Petrochemical net profit rises 71.20% in the September 2008 quarter
Hindustan Zinc net profit declines 17.88% in the September 2008 quarterNet profit of Hindustan Zinc declined 17.88% to Rs 959.51 crore in the quarter ended September 2008 as against Rs 1168.46 crore during the previous quarter ended September 2007. Sales declined 12.12% to Rs 1743.84 crore in the quarter ended September 2008 as against Rs 1984.28 crore during the previous quarter ended September 2007
Reliance Natural Resources net profit rises 4.85% in the September 2008 quarterNet profit of Reliance Natural Resources rose 4.85% to Rs 20.10 crore in the quarter ended September 2008 as against Rs 19.17 crore during the previous quarter ended September 2007. Sales rose 183.62% to Rs 33.24 crore in the quarter ended September 2008 as against Rs 11.72 crore during the previous quarter ended September 2007
Steel Authority of India net profit rises 18.20% in the September 2008 quarter
Hero Honda Motors net profit rises 49.90% in the September 2008 quarter
Crompton Greaves net profit rises 24.73% in the September 2008 quarter
Chennai Petroleum Corporation reports net loss of Rs 102.66 crore in the September 2008 quarter
Opto Circuits (India) net profit rises 35.75% in the September 2008 quarter
LIC Housing Finance net profit rises 16.07% in the September 2008 quarter
United Spirits net profit rises 17.06% in the September 2008 quarter
Geodesic net profit rises 124.64% in the September 2008 quarterSales rise 130.49% to Rs 119.37 crore
Jaiprakash Associates net profit rises 96.03% in the September 2008 quarterSales rise 37.12% to Rs 1182.60 crore
Power Finance Q2 Stan net profit at Rs 329.3 cr
Ashok Leyland Q2 Stan net profit at Rs 67.2 cr
Source:ET,Indiaearnings,CapitalMarket,BS,BL etc
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