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Tag: net profit
IDFC Q4 profit dips 51 per cent
IDFC saw its fourth quarter consolidated net profit drop 51 per cent as income remained largely flat and expenses almost doubled. In the January-March period, the infrastructure finance company posted a net profit of Rs 258 crore against Rs 526 crore,
Tata Steel posts Rs 917 cr net on improved biz
In the second quarter, Tata Steel on November 13 reported a consolidated net profit of Rs 917 crore against a net loss of Rs 364 crore a year ago, mainly because of improved share in the domestic market coupled with better pricing and rising volume in its largest market, Europe.
Gayatri posts Rs 21-cr profit in Q2
Hyderabad-based Gayatri Projects has posted a net profit of Rs 20.84 crore for the second quarter ended September 30, 2013 against a profit of Rs 12.92 crore for the corresponding period last year.
Power Finance Corp posts Rs 1,274 cr profit
The Power Finance Corporation (PFC) has stated in a regulatory filing that it has posted 23 per cent jump in net profit at Rs 1,273.79 crore for the three months ended September. PFC, a government-owned company and a key lender for the power sector, had a net profit of Rs 1,036.49 crore in the year-ago period.
Essar Ports profit up by 21%
For the quarter ended 30 September, Essar Ports on October 31 reported a 21 per cent more in net profit as it won more business from affiliates. Profit after tax rose to Rs 97.5 crore in the quarter from Rs 80.5 crore in the year-ago period.
YES Bank’s profit up 21.3%
Aided by higher interest income and growth in non-interest income, YES Bank's net profit for the quarter ended September increased 21.3 per cent to Rs 371.1 crore, against the corresponding period last year, the bank said on October 22.
Net profit of OIL India declines 34.5% in June quarter
During April-June 2013, the net profit of Oil India (OIL) declined 34.5 percent to Rs 609.08 crore or Rs 10.13 per share compared to Rs 929.93 crore, or Rs 15.47 per share in the year-ago period. Net profit of the firm declined during the quarter because net realisation fell to $45.88 per barrel from $53.78 in first quarter last
Steel Exchange posts profit in June quarter
The standalone net profit of Steel Exchange of India stood at Rs 2.71 crore during Apr-Jun 2013 compared to a net loss of Rs 13.10 crore in the year-ago period. The standalone sales turnover of the firm rose to Rs 310.55 crore from Rs 292.43 crore in the year-ago period. Other income for the quarter declined to Rs 0.91 crore from
Net profit of Gujarat Gas rises 91%
Net profit of Gujarat Gas rose 91.2 percent to Rs 101.13 crore during Apr-Jun 2013 compared to Rs 52.88 crore in the year-ago period. Gujarat Gas is a subsidiary of GSPC Distribution Network (GNDL), which recently acquired 73.70 percent stake in the firm. Consolidated profit after tax (PAT) of the firm during the quarter stood at Rs 100.6 crore as against Rs 59.50 crore in the preceding quarter. It may be recalled that this is the first time the firm is reporting the consolidated profit afte


