Wipro reported a 2.85% increase in net profit to Rs 1232.10 crore on a 11.06% rise in total income to Rs 5979.20 crore in Q2 September 2009 over Q1 June 2009. Wipro beat market forecast as it won new outsourcing contracts and pressure on fees eased.
Net profit of Tata Motors rose 110.13% to Rs 729.14 crore in the quarter ended September 2009 as against Rs 346.99 crore during the previous quarter ended September 2008. Sales rose 12.73% to Rs 7924.07 crore in the quarter ended September 2009 as against Rs 7029.33 crore during the previous quarter ended September 2008.
Tata Steel, Mahindra Holidays, Power Finance Corporation, Kotak Mahindra Bank, Jet Airways, Kingfisher Airlines, Reliance Power, Crompton Greaves, Indraprastha Gas, Mahindra Ugine Steel, Lanco Infratech, Deepak Fertilizers, GMR Industries, Cadila Healthcare, Ipca Laboratories, Astrazeneca Pharma, Mangalam Cement, Kansai Nerolac Paints, Finolex Cables, Fortis Healthcare, and IFCI, among other will declare September 2009 ended results today, 27 October 2009.
The Singapore government and its investment arm, Temasek Holdings, have been gradually reducing stake in ICICI Bank, their one of their biggest investments in India, by selling shares in the secondary market. Their collective stake has come down to 5.76% as of 30 September 2009 from 7.6% at the end of June 2009. Temasek said in a statement in Singapore that any stake sales are part of regular moves to review and rebalance its portfolio.
HCL Infosystems has reportedly emerged as the lowest bidder for providing computer hardware and software solutions to Bharat Sanchar Nigam's western operations.
NTPC is reportedly keen to source gas from Reliance Industries for some of its plants in National Capital Region (NCR).
Jindal Steel & Power (JSPL) is reportedly being shortlisted as a bidder for 49%stake in Mongolia's Tavan Tolgoi coal project with 6 billion tonnes of coal reserves.
Era Infra Engineering won two orders worth Rs 130 crore from Bharat Heavy Electricals (Bhel) and the Central Public Works Department (CPWD).It has received Rs 77.42 crore worth of orders from Bhel for its thermal power plant in the northern state of Uttar Pradesh, while it will construct several buildings at Varanasi, also in the state, for CPWD worth Rs 48.91 crore.
Net profit of IDBI Bank rose 56.17% to Rs 253.74 crore in the quarter ended September 2009 as against Rs 162.48 crore during the previous quarter ended September 2008. Total operating income rose 43.26% to Rs 3720.14 crore in the quarter ended September 2009 as against Rs 2596.80 crore during the previous quarter ended September 2008.
Net profit of Neyveli Lignite Corporation rose 29.30% to Rs 243.59 crore in the quarter ended September 2009 as against Rs 188.39 crore during the previous quarter ended September 2008. Sales rose 31.93% to Rs 881.55 crore in the quarter ended September 2009 as against Rs 668.17 crore during the previous quarter ended September 2008.
Net profit of Gujarat Mineral Development Corporation rose 104.08% to Rs 38.04 crore in the quarter ended September 2009 as against Rs 18.64 crore during the previous quarter ended September 2008. Sales rose 34.79% to Rs 176.72 crore in the quarter ended September 2009 as against Rs 131.11 crore during the previous quarter ended September 2008.
Net profit of NIIT declined 62.64% to Rs 7.94 crore in the quarter ended September 2009 as against Rs 21.25 crore during the previous quarter ended September 2008. Sales rose 34.15% to Rs 204.95 crore in the quarter ended September 2009 as against Rs 152.78 crore during the previous quarter ended September 2008.
Net profit of Blue Star rose 9.99% to Rs 49.44 crore in the quarter ended September 2009 as against Rs 44.95 crore during the previous quarter ended September 2008. Sales declined 12.79% to Rs 563.04 crore in the quarter ended September 2009 as against Rs 645.63 crore during the previous quarter ended September 2008.
Net profit of Roman Tarmat rose 34.44% to Rs 1.21 crore in the quarter ended September 2009 as against Rs 0.90 crore during the previous quarter ended September 2008. Sales rose 65.81% to Rs 31.04 crore in the quarter ended September 2009 as against Rs 18.72 crore during the previous quarter ended September 2008.
Hindustan Motors reported net profit of Rs 27.42 crore in the quarter ended September 2009 as against net loss of Rs 16.21 crore during the previous quarter ended September 2008. Sales declined 16.74% to Rs 136.79 crore in the quarter ended September 2009 as against Rs 164.29 crore during the previous quarter ended September 2008.
Net profit of Whirlpool of India rose 1332.76% to Rs 24.93 crore in the quarter ended September 2009 as against Rs 1.74 crore during the previous quarter ended September 2008. Sales rose 39.18% to Rs 539.92 crore in the quarter ended September 2009 as against Rs 387.92 crore during the previous quarter ended September 2008.
Net profit of Mahindra & Mahindra Financial Services rose 96.48% to Rs 69.20 crore in the quarter ended September 2009 as against Rs 35.22 crore during the previous quarter ended September 2008. Sales rose 7.75% to Rs 352.98 crore in the quarter ended September 2009 as against Rs 327.59 crore during the previous quarter ended September 2008.
Net profit of Engineers India rose 59.22% to Rs 105.37 crore in the quarter ended September 2009 as against Rs 66.18 crore during the previous quarter ended September 2008. Sales rose 36.10% to Rs 468.20 crore in the quarter ended September 2009 as against Rs 344.00 crore during the previous quarter ended September 2008.
Net profit of Bharati Shipyard declined 1.45% to Rs 32.68 crore in the quarter ended September 2009 as against Rs 33.16 crore during the previous quarter ended September 2008. Sales rose 41.53% to Rs 333.18 crore in the quarter ended September 2009 as against Rs 235.42 crore during the previous quarter ended September 2008.
Net profit of Areva T&D India declined 57.18% to Rs 22.40 crore in the quarter ended September 2009 as against Rs 52.31 crore during the previous quarter ended September 2008. Sales rose 26.13% to Rs 739.68 crore in the quarter ended September 2009 as against Rs 586.46 crore during the previous quarter ended September 2008.
Net profit of Wyeth declined 25.54% to Rs 25.19 crore in the quarter ended September 2009 as against Rs 33.83 crore during the previous quarter ended September 2008. Sales rose 6.93% to Rs 112.75 crore in the quarter ended September 2009 as against Rs 105.44 crore during the previous quarter ended September 2008.
Net profit of J B Chemicals & Pharamaceuticals declined 18.56% to Rs 31.33 crore in the quarter ended September 2009 as against Rs 38.47 crore during the previous quarter ended September 2008. Sales declined 18.58% to Rs 171.09 crore in the quarter ended September 2009 as against Rs 210.12 crore during the previous quarter ended September 2008.
Net profit of MIC Electronics declined 51.02% to Rs 11.48 crore in the quarter ended September 2009 as against Rs 23.44 crore during the previous quarter ended September 2008. Sales declined 40.15% to Rs 45.25 crore in the quarter ended September 2009 as against Rs 75.60 crore during the previous quarter ended September 2008.
Net profit of United Breweries rose 126.94% to Rs 11.71 crore in the quarter ended September 2009 as against Rs 5.16 crore during the previous quarter ended September 2008. Sales rose 12.60% to Rs 412.25 crore in the quarter ended September 2009 as against Rs 366.12 crore during the previous quarter ended September 2008.
Net profit of SREI Infrastructure Finance rose 8.12% to Rs 17.58 crore in the quarter ended September 2009 as against Rs 16.26 crore during the previous quarter ended September 2008. Sales rose 14.41% to Rs 115.34 crore in the quarter ended September 2009 as against Rs 100.81 crore during the previous quarter ended September 2008.
Powered by Capital Market - Live News