Results:BHEL,NTPC,Maruti,ITC,HUL,ABB,Tata Steel etc

Bharat Heavy Electricals net profit declines 10.45% in the September 2008 quarter
Net profit of Bharat Heavy Electricals declined 10.45% to Rs 615.77 crore in the quarter ended September 2008 as against Rs 687.66 crore during the previous quarter ended September 2007. Sales rose 34.73% to Rs 5342.63 crore in the quarter ended September 2008 as against Rs 3965.36 crore during the previous quarter ended September 2007

NTPC net profit rises 9.61% in the September 2008 quarter
Net profit of NTPC rose 9.61% to Rs 2110.51 crore in the quarter ended September 2008 as against Rs 1925.49 crore during the previous quarter ended September 2007. Sales rose 20.51% to Rs 9661.42 crore in the quarter ended September 2008 as against Rs 8016.86 crore during the previous quarter ended September 2007.

Tata Steel net profit rises 50.13% in the September 2008 quarter
Net profit of Tata Steel rose 50.13% to Rs 1787.81 crore in the quarter ended September 2008 as against Rs 1190.83 crore during the previous quarter ended September 2007. Sales rose 43.14% to Rs 6850.67 crore in the quarter ended September 2008 as against Rs 4785.90 crore during the previous quarter ended September 2007.


Hindustan Unilever net profit rises 33.95% in the September 2008 quarter
Net profit of Hindustan Unilever rose 33.95% to Rs 546.61 crore in the quarter ended September 2008 as against Rs 408.06 crore during the previous quarter ended September 2007. Sales rose 22.18% to Rs 4110.91 crore in the quarter ended September 2008 as against Rs 3364.63 crore during the previous quarter ended September 2007.

Maruti Suzuki India net profit declines 36.52% in the September 2008 quarter
Net profit of Maruti Suzuki India declined 36.52% to Rs 296.12 crore in the quarter ended September 2008 as against Rs 466.50 crore during the previous quarter ended September 2007. Sales rose 9.81% to Rs 4993.62 crore in the quarter ended September 2008 as against Rs 4547.37 crore during the previous quarter ended September 2007


Ambuja Cements net profit declines 7.40% in the September 2008 quarter
Hindustan Construction Company net profit rises 71.45% in the September 2008 quarter
Rural Electrification Corporation net profit rises 35.91% in the September 2008 quarter
Great Eastern Shipping Company net profit rises 47.66% in the September 2008 quarter
ABB net profit declines 9.42% in the September 2008 quarter
IDBI Bank net profit rises 4.50% in the September 2008 quarter

ITC net profit rises 4.13% in the September 2008 quarter
Net profit of ITC rose 4.13% to Rs 802.72 crore in the quarter ended September 2008 as against Rs 770.87 crore during the previous quarter ended September 2007. Sales rose 18.00% to Rs 3862.67 crore in the quarter ended September 2008 as against Rs 3273.38 crore during the previous quarter ended September 2007.

JSW Steel net profit declines 40.57% in the September 2008 quarter
Net profit of JSW Steel declined 40.57% to Rs 317.45 crore in the quarter ended September 2008 as against Rs 534.19 crore during the previous quarter ended September 2007. Sales rose 56.35% to Rs 4309.05 crore in the quarter ended September 2008 as against Rs 2756.02 crore during the previous quarter ended September 2007.


Tata Steel Q2 net up 50% at Rs 1,787.80 cr
Godrej Q-2 PAT down 4.43% at Rs 32.26 cr
Bharat Electronics Q2 net at Rs 124 crore
Dewan Housing second quarter PAT up 36%
Shriram Transport Finance Q2 net up 79%

Aditya Birla Nuvo Q2 net loss at Rs 105 crore
Alstom Projects Q2 net up two-fold at Rs 59.01 crore
Binani Cement Q2 net dips 44% at Rs 27 crore
Crisil Q2 net up 57% at Rs 42.32 crore
Jain Irrigation Q2 net slipsJSW Steel Q2 net falls over 50% at Rs 257.50 cr
Ambuja Cements Q3 net dips 7% at Rs 250 cr
Kirloskar Pneumatic Q2 net up 64% at Rs 7 cr
Shriram Transport Q2 net up 79.40%

ABB Q3 net down 9% at Rs 105 crMirc Electronics Q2 net dips 92%
BHEL net down 10.45% in Q2
Hindustan Unilever Q3 net up 34%
Tata Metaliks second quarter net at Rs 12.78 crore
Maruti net slides 37% at Rs 296 crore in Q2
Mahindra Ugine net loss in Q2 stands at Rs 1 crore
United Breweries Q2 net slips 51% at Rs 5 crore
HCC posts 72% higher 2nd quarter PAT
ITC Q2 net up 4.10% at Rs 802.70 cr
Oracle Financial Q2 PAT up 45.30%
Jaiprakash Hydro Q2 net down 48%
PTC India net profit rises 187.19% in the September 2008 quarter

NTPC Q2 net profit at Rs 2110.5cr
Tata Steel Q2 net profit at Rs 1787.81 cr
BHEL Q2 net profit at Rs 615.77 cr
ITC Q2 net profit at Rs 802.72 cr
JSW Steel Q2 consolidated net profit at Rs 252.4 cr

IDBI Bank Q2 net profit up at Rs 162.49 cr
ABB Q3 net profit up at Rs 104.8 cr
Maruti Q2 standalone net profit at Rs 296.1 cr
HUL Q3 net profit at Rs 547 cr
ITC Q2 net profit at Rs 802.72 cr

Lupin Q2 net profit at Rs 116 cr
SRF Q2 standalone net profit at Rs 58.9 cr
Alfa Laval Q3 net profits at Rs 21.38cr
GAIL Q2 net profit at Rs 1,023.45 cr

Other Results:
Usha Martin net profit rises 16.70% in the September 2008 quarter
Gujarat State Petronet net profit rises 74.32% in the September 2008 quarter
Monsanto India net profit rises 32.80% in the September 2008 quarter
Engineers India net profit rises 33.43% in the September 2008 quarter
Indian Hume Pipe Company net profit rises 32.22% in the September 2008 quarter

Great Offshore net profit declines 65.97% in the September 2008 quarter
Colgate-Palmolive (India) net profit rises 16.00% in the September 2008 quarter
Mahindra Lifespace Developers net profit declines 43.63% in the September 2008 quarter
Gammon India net profit declines 39.87% in the September 2008 quarter
Dishman Pharmaceuticals and Chemicals net profit rises 19.48% in the September 2008 quarter

CRISIL net profit rises 84.86% in the September 2008 quarter
Bank of Maharashtra net profit declines 22.00% in the September 2008 quarter
Meghmani Organics net profit rises 67.86% in the September 2008 quarter
Graphite India net profit rises 25.56% in the September 2008 quarter
Torrent Pharmaceuticals net profit rises 18.68% in the September 2008 quarter

PVR net profit rises 26.88% in the September 2008 quarter
Balaji Telefilms net profit declines 31.01% in the September 2008 quarter
Rain Commodities net profit declines 44.82% in the September 2008 quarter
Sterling Biotech net profit rises 22.92% in the September 2008 quarter
Glaxosmithkline Pharma net profit declines 47.00% in the September 2008 quarter

Gujarat Mineral Development Corporation net profit declines 55.36% in the September 2008 quarter
Jain Irrigation Systems net profit declines 18.33% in the September 2008 quarter
Aditya Birla Nuvo net profit rises 19.07% in the September 2008 quarter
Shriram Transport Finance Company net profit rises 79.41% in the September 2008 quarter
Bharat Electronics net profit rises 0.73% in the September 2008 quarter

Bharat Heavy Electricals net profit declines 10.45% in the September 2008 quarter
Alstom Projects India net profit rises 143.84% in the September 2008 quarter
ABB net profit declines 9.42% in the September 2008 quarter

Great Eastern Shipping Company net profit rises 47.66% in the September 2008 quarter
Maruti Suzuki India net profit declines 36.52% in the September 2008 quarter
Rural Electrification Corporation net profit rises 35.91% in the September 2008 quarter
Asian Paints net profit rises 12.24% in the September 2008 quarter
Zee News net profit rises 99.30% in the September 2008 quarter
Ashapura Minechem reports net loss of Rs 18.88 crore in the September 2008 quarter


Source: ET,BL,Indiaearnigns,capital market etc

Results: BHEL, Maruti,Dr.Reddy,Indian Bk, SAIL,Wels.Guj, Petronet, Techmahindra, HDIL etc

BHEL Q1 net profit up at Rs 384.41 cr

BHEL has aanounced its first quarter results. The company's standalone net profit was up at Rs 384.41 crore versus Rs 288.91 crore, (YoY).
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ING Vysya Bank Q1 net profit up at Rs 40.63 cr

ING Vysya Bank has announced its first quarter results. The company's Q1 sandalone net profit was up at Rs 40.63 crore versus Rs 25.32 crore, (YoY).

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Aban Offshore Q1 net profit at Rs 71.51 cr 21st-Jul-2008

Aban Offshore has announced its first quarter numbers. Its standalone net profit was up at Rs 71.51 crore for the quarter ended June 2008 as against Rs 28.38 crore in same period of last year. Net sales stood at Rs 246.95 crore versus Rs 127.61 crore.

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Maruti Suzuki Q1 net profit at Rs 465 cr 21st-Jul-2008

Maruti Suzuki India has declared its first quarter results. The company's Q1 net profit was down 6.8% at Rs 465 crore versus Rs 499 crore.

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Voltas Q1 net profit up at Rs 85.1 cr 21st-Jul-2008

Voltas has announced its first quarter results. The company's standalone net profit was up at Rs 85.1 crore versus Rs 52.2 crore (YoY).

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Tech Mahindra Q1 cons net profit at Rs 258.54 cr 21st-Jul-2008

Tech Mahindra has declared its consolidated results for the quarter ended June 2008 (Q1). The company's consolidated net profit was at Rs 258.54 crore versus net loss of Rs 221.1 crore on QoQ basis.

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SAIL Q1 net profit up 20% at Rs 1835 cr 21st-Jul-2008

SAIL has announced its first quarter numbers. Its standalone net profit has increased by 20.33% at Rs 1835.19 crore for first quarter of FY09 as against Rs 1525.12 crore in same period of last year.

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Bartronics Q1 cons net profit at Rs 23.5 cr 21st-Jul-2008

Bartronics India has announced its first quarter results. The company's Q1 consolidated net profit was at Rs 23.5 crore versus Rs 20.2 crore.

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Dr Reddys Labs Q1 net profit at Rs 135 cr view table 21st-Jul-2008

Dr Reddys Laboratories has decalred its Q1 results. The company's Q1 net profit at Rs 134.6 crore versus Rs 182.5 crore.

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Welspun Gujarat Q1 net profit at Rs 71.1 cr view table 21st-Jul-2008

Welspun Gujarat Stahl Roh has declared its first quarter results. The company's Q1 net profit at Rs 71.1 crore.

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Punjab Tractors Q1 net profit at Rs 22.4 cr view table 21st-Jul-2008

Punjab Tractors has announced its first quarter results. It has reported net profit of Rs 22.4 crore for first quarter of FY09 as against Rs 3.3 crore in same period of last year.

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LIC Hsg Fin Q1 net profit at Rs 104.7 cr view table 21st-Jul-2008

LIC Housing Finance has come out with first quarter numbers. Its Q1 net profit increased at Rs 104.7 crore from Rs 46.7 crore and total income went up at Rs 622 crore versus Rs 461.8 crore YoY.

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Canara Bank Q1 net profit at Rs 122.7 cr view table 21st-Jul-2008

Canara Bank has declared its first quarter results. The company's Q1 standalone net profit was down at Rs 122.7 crore versus Rs 240.6 crore.

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IL&FS Invst Mngrs Q1 net profit at Rs 13 cr view table 21st-Jul-2008

ILandFS Investment Managers has announced its first quarter numbers. It has reported net profit of Rs 13 crore for first quarter of FY09 as against Rs 9.8 crore in earlier quarter.
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Petronet LNG Q1 net profit at Rs 106 cr view table 21st-Jul-2008

Petronet LNG has declared its first quarter numbers of FY09. Its net profit declined at Rs 106 crore for quarter ended June 2008 as against Rs 108 crore in same period of last year. Net sales was up at Rs 1646 crore from Rs 1551 crore.

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HDIL Q1 net profit at Rs 317.9 cr view table 21st-Jul-2008

Housing Development and Infrastructure (HDIL) has announced its first quarter numbers. It has posted net profit of Rs 317.9 crore for quarted ended June 2008 as against Rs 202.7 crore in same period of last year.
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Indian Bank Q1 net profit at Rs 217.6 cr view table 21st-Jul-2008

Indian Bank has announced its results for the quarter ended June 2008 (Q1). The bank's Q1 net profit was up by 3% at Rs 217.6 crore versus Rs 212.03 crore.
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United Spirits net profit rises 33.74% in the June 2008 quarter

Net profit of United Spirits rose 33.74% to Rs 117.13 crore in the quarter ended June 2008 as against Rs 87.58 crore during the previous quarter ended June 2007. Sales rose 32.35% to Rs 1013.39 crore in the quarter ended June 2008 as against Rs 765.71 crore during the previous quarter ended June 2007.
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Bharat Heavy Electricals net profit rises 33.06% in the June 2008 quarter
Maruti Suzuki India net profit declines 6.76% in the June 2008 quarter
IL & FS Investsmart net profit declines 55.83% in the June 2008 quarter
Tech Mahindra net profit rises 47.97% in the June 2008 quarter
JK Paper net profit declines 16.88% in the June 2008 quarter
ING Vysya Bank net profit rises 60.47% in the June 2008 quarter

Electrosteel Castings net profit declines 48.27% in the June 2008 quarter
Aban Offshore net profit rises 151.97% in the June 2008 quarter
Steel Authority of India net profit rises 20.33% in the June 2008 quarter
Welspun Gujarat Stahl Rohren net profit rises 2.66% in the June 2008 quarter
Punjab Tractors net profit rises 580.00% in the June 2008 quarter

LIC Housing Finance net profit rises 124.16% in the June 2008 quarter
Canara Bank net profit declines 49.00% in the June 2008 quarter
Housing Development & Infrastructure net profit rises 56.86% in the June 2008 quarter
Petronet LNG net profit declines 2.20% in the June 2008 quarter
Nucleus Software Exports net profit declines 63.41% in the June 2008 quarter

Source: Indiaearnings.com, Capitalmarket.com

Results: SAIL, Maruti, Sterlite, Suzlon, Syndicate Bk, Yes Bk, Zee, GSKL, Thermax, Praj, Optockts, GE shipping

SAIL registers highest Q3 net at Rs 1,935 cr
Higher volume and cost reduction helped state-run steel giant SAIL register a record third quarter profit of Rs 1,935 crore, against Rs 1,471 crore in the corresponding period last year, a 32 per cent increase. The sales turnover during the quarter rose by 11.4 per cent to Rs 10,756 crore. The company netted its highest revenue for the first nine-month at Rs 30,026 crore.

"Riding on the back of improved product mix coupled with substantial increase in production of special grade steel and cost reduction, SAIL has achieved this profitability," its chairman S K Roongta said here. Profit after tax shot up by 20 per cent to Rs 5,160 crore during April-December period. Profit before tax was Rs 2,922 crore, highest in any third quarter, Roongta said, pointing out that this was 31 per cent higher than the same period last year.

SAIL achieved a record hot metal production of 11.3 million tons, 10.4 MT of crude steel and 9.6 MT of saleable steel dring the first nine months of the current fiscal. Its plants operated at 121 per cent average capacity utilisation in the third quarter, against 112 per cent achieved in the same period last year, the SAIL Chairman said. The steel giant further reduced its borrowings by Rs 412 crore in the third quarter to Rs 2,792 crore. With this, the PSU's debt: equity ratio came down to the lowest level of 0.13:1 at the end of the third quarter, he said.


Maruti Suzuki Q3 net profit up 24% YoY

Maruti Suzuki India's net profit for the quarter ended Dec 31, 2007 stood at Rs 467.04 crore, up 24.08 per cent compared with Rs 376.41 crore in the same quarter of previous year. Total income increased 27.23 per cent to Rs 4,844.80 crore from Rs 3,807.90 crore a year ago

Suzlon Q3 net profit jumps 91%; share up over 3%
Suzlon Energy net profit for the quarter ended Dec 31, 2007 rose 91.90 per cent to Rs 338.18 crore against Rs 176.23 crore in the quarter ended Dec 2006. Net sales increased 49.68 per cent to Rs 1,654.96 crore from Rs 1,105.67 crore last year. The strong results saw the shares rise 3.13 per cent to Rs 325 on NSE at 9:59 am.

Zee Entertainment Q3 net profit up 3% YoY
Zee Entertainment Enterprises net profit for the quarter ended Dec 31, 2007 rose 2.92 per cent to Rs 81.68 crore against Rs 79.36 crore in the same quarter of previous year. Total income increased 24.02 per cent to Rs 305.61 crore from Rs 246.42 crore year ago. The group’s net profit for October-December quarter grew 18.42 per cent to Rs 113.47 crore compared with Rs 95.82 crore in the corresponding quarter of previous year. Total revenue has amplified by 25.12 per cent to Rs 541.95 crore from Rs 433.15 crore in earlier year. At 3:08 pm, Zee Entertainment shares were up 4.81 per cent at Rs 267 on BSE

GlaxoSmithkline Q4 net profit jumps 9% [
MUMBAI: GlaxoSmithkline Consumer Healthcare has posted the un-audited results for the quarter ended Dec 31, 2007: GlaxoSmithkline’s net profit rose 9.13 per cent to Rs 27.5 crore for the October-December quarter compared with Rs 25.2 crore in the same quarter of previous year.. Total income increased 7.56 per cent to Rs 301.6 crore from Rs 280.4 crore a year ago. The audited results for the year ended Dec 31, 2007: The company’s net profit for the three months quarter ended Dec 31, 2007 grew 28.13 per cent to Rs 162.6 crore comapred with Rs 126.9 crore during the corresponding period of earlier year. Total income increased 16.08 per cent to Rs 1,346.7 crore from Rs 1,160.1 crore from the earlier year. At 3:20 pm, GlaxoSmithkline shares were up 2.46 per cent at Rs 625 on BSE.

Thermax Q3 net profit up 35%
Thermax has posted a net profit of Rs 75.03 crore, up 35.31 per cent for the quarter ended Dec 31, 2007 against Rs 55.45 crore in the same quarter of previous year. Total income increased 53 per cent to Rs 854.02 crore from Rs 558.17 crore a year ago. At 3:12 pm, Thermax shares were down 0.48 per cent at Rs 669.30 on BSE.

Sterlite Industries Q3 net profit falls 7%
Sterlite Industries India net profit after tax and exceptional items rose 7.48 per cent to Rs 230.85 crore for the quarter ended Dec 31, 2007 against Rs 214.79 crore in the same quarter of previous year. Total income decreased 13.21 per cent to Rs 2,794.63 crore from Rs 3,219.86 crore a year ago. The group’s net profit after tax attributable to consolidated group declined 33.85 per cent to Rs 855.31 crore for the October-December quarter compared with Rs 1,293.01 crore in the corresponding quarter of earlier year. Total income reduced 20.95 per cent to Rs 5,534.17 crore for the quarter from Rs 7,000.73 crore of previous year. Previous year figures have been regrouped wherever necessary. On account of sale of Power Transmission Line Division with effect from July 01, 2006, figures for current period are not strictly comparable to figures for the previous period / year. On Tuesday, Sterlite Industries shares closed down 3.17 per cent at Rs 768.10 on BSE.

Alstom Projects Q3 net profit down 0.66%

Syndicate Bank Q3 net profit up 20%
Syndicate Bank net profit for the quarter ended on Dec 31, 2007 rose 20.82 per cent to Rs 273.19 crore against Rs 226.12 crore in the same quarter of previous year. Total income increased 27.57 per cent to Rs 2,265.63 crore from Rs 1,776.03 crore year ago. On Tuesday, Syndicate Bank shares closed down 2.93 per cent at Rs 102.85 on BSE.

Praj Industries Q3 net profit up 17%
Praj Industries net profit 17.24 per cent to Rs 39.44 crore for the quarter ended on Dec 31, 2007 against Rs 33.64 crorefor the quarter ended Dec 2006. Net sales increased 1.32 per cent to Rs 180.22 crore from Rs 177.87 crore a year ago. The company has declared an interim dividend at Rs 1.98 per share (99 per cent) for the financial year 2007-2008.

Indo Rama Synthetics Q3 net profit up 137% [
Indo Rama Synthetics India’s net profit for the quarter ended Dec 31, 2007 rose 137.17 per cent to Rs 7.21 crore against Rs 3.04 crore in the same quarter of previous year. Total income increased 1.48 per cent to Rs 570.27 crore from Rs 561.95 crore a year ago.

Opto Circuits posts 103% growth in sales in Q3 FY08
The board of Opto Circuits (India) Ltd Tuesday approved and adopted the company's financial results for the third quarter and first nine months ended Dec 31, 2007. On a consolidated basis, the medical diagnostics and interventional products company posted a 103 per cent growth in sales that stand at Rs 127.32 crore compared to Rs 62.80 crore in the corresponding period last year. Net profit for the quarter stood at Rs 35.74 crore, as against Rs 20.01 crore in the previous year, a 79 per cent rise. For the nine months ended Dec 31, 2007, Opto Circuits posted consolidated sales of Rs 347.60 crore as against Rs 167.37 crore of the corresponding period and a net profit of Rs 97.63 crore as against Rs 49.02 crore in the previous year, an increase of 108 per cent in sales and 99 per cent in profit. "We are looking at new markets for exploring the possibility of increasing our market share. We are confident of making a significant imprint in the global market through in-organic growth and wider market spread," said Vinod Ramnani, chairman & managing director, after announcing the results. In the Octo-Dec quarter, the company received US FDA approval for two of its new generation range of Pulse Oximeters, M30 and M34. The company obtained accreditation of ISO 14001:2004 for Environmental Management System and OHSAS 18001:2007 for occupational Health and Safety Management System.

Indoco Remedies Q2 net profit up 23% [
Indoco Remedies on Tuesday reported a net profit of Rs 11.85 crore for the second quarter ended Dec 31, 2007, an increase of 23 per cent over Rs 9.63 crore posted in the corresponding quarter of 2006. Turnover for the quarter increased 15.91 per cent to Rs 94.93 crore from Rs 81.90 crores year earlier.

GE Shipping Q3 net profit up 77% YoY
Net profit of The Great Eastern Shipping for the quarter ended December 31, 2007 rose 77.01 per cent to Rs 293.57 crore against Rs 165.85 crore in the same quarter of previous year. Net sales increased 33.13 per cent to Rs 653.32 crore from Rs 490.75 crore a year ago. The company has declared an interim dividend of Rs.3.50 per share.

Timex Watches Q3 net profit shoots up 595%
Accentia Technologies Q3 net profit jumps 75%

Yes Bank Q3 net profit jumps 116% YoY
Yes Bank net profit for the quarter ended Dec 31, 2007 rose 116.10 per cent to Rs 54.24 crore against Rs 25.10 crore in same quarter of 2006. Interest earned increased 115.44 per cent to Rs 346.36 crore from Rs 160.77 crore year ago. Interest expended grew 127.91 per cent to Rs 253.32 crore in the October-December quarter compared with Rs 111.15 crore during the corresponding quarter year earlier.




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