Nalco Q3 profit up 65 percent

State-run National Aluminium Company Limited (NALCO) Monday said its Q3 net profit registered 65 percent rise over the corresponding period in the previous fiscal due to lower operating cost and recovery of metal prices. The company has registered in Q3 a net profit of Rs.256 crore (about $55 million) up 65 percent from Rs.155 crore achieved during the corresponding quarter of the previous fiscal, the company said here in a statement

Canara Bank net up five percent in third quarter

Leading state-run Canara Bank Monday reported net profit of Rs.1,106 crore for the third quarter of the current fiscal (2010-11), registering a marginal five percent increase year-on-year (YoY) over Rs.1,053 crore posted last year.

UCO Bank’s net up 22.35 percent in Q3

Public sector UCO Bank Friday declared a 22.35 percent year-on-year (YoY) growth in its net profit to Rs.301 crore in the third quarter of the current fiscal compared to Rs.246 crore in the corresponding period the previous year. Declaring the third quarter results, UCO Bank chairman and managing director Arun Kaul said: “Operating profit for the quarter posted a growth of 65.58 percent to Rs.765 crore.” “Bank deposit registered 16.05 percent YoY growth to Rs.1.21 lakh crore for the quarter, while advances of the bank stood at Rs.0.89 lakh crore registering 20.43 percent YoY growth,” he added. Net interest income grew by 89.94 percent in nine months of FY11 to Rs.3,001 crore backed by an impressive 20.43 percent growth in advances, Kaul added.

HCL Infosystems Q3 net profit dips marginally

HCL Infosystems Ltd Friday reported a marginal decline of 0.19 percent in its net profit during the quarter ended December 2010 at Rs.55.98 crore as against Rs.56.09 crore in the same period last fiscal. However, the net income from operations of the company increased by 2.75 percent at Rs.3,115.14 crore for the quarter under review as against Rs.3,031.49 crore during the same period in the corresponding fiscal

Hindustan Unilever’s third quarter net profit down 1.8 percent

Fast moving consumer goods (FMCG) conglomerate Hindustan Unilever Limited (HUL) Tuesday reported a marginal decline of 1.8 percent in its net profit for the third quarter of the current fiscal year as higher input costs brought down operating margins. The company’s net profit stood at Rs.637.51 crore in the third quarter as against Rs.649.11 crore in the like period last fiscal. “Company has posted a net profit of Rs.6375.10 million for the quarter ended Dec 31, 2010, as compared to Rs.6491.10 million for the quarter ended Dec 31, 2009,” HUL said in a regulatory filing.

Reliance Industries net profit rises 28 percent to Rs.5,136 crore

India’s largest private company, Reliance Industries Friday reported a 28.14 percent rise in net profit at Rs.5,136 crore for the quarter ending Dec 31, compared to Rs.4,008 crore in the previous corresponding quarter.

Reliance Industries net profit rises 28 percent to Rs.5,136 crore

India’s largest private company, Reliance Industries Friday reported a 28.14 percent rise in net profit at Rs.5,136 crore for the quarter ending Dec 31, compared to Rs.4,008 crore in the previous corresponding quarter. The turnover of the Mukesh Ambani-led energy behemoth rose to Rs.62,399 crore during the quarter under review, compared to Rs.58,848 crore in the same period of last fiscal. The company also benefited from the rise in crude oil prices during the October-December quarter, helping Reliance Industries’ refining business to increase its turnover by 9.42 percent to Rs.52,524 crore

Reliance Industries net profit rises 28 percent to Rs.5,136 crore

India’s largest private company, Reliance Industries Friday reported a 28.14 percent rise in net profit at Rs.5,136 crore for the quarter ending Dec 31, compared to Rs.4,008 crore in the previous corresponding quarter. The turnover of the Mukesh Ambani-led energy behemoth rose to Rs.62,399 crore during the quarter under review, compared to Rs.58,848 crore in the same period of last fiscal. The company also benefited from the rise in crude oil prices during the October-December quarter, helping Reliance Industries’ refining business to increase its turnover by 9.42 percent to Rs.52,524 crore.

Reliance Industries net profit rises 28 percent to Rs.5,136 crore

India’s largest private company, Reliance Industries Friday reported a 28.14 percent rise in net profit at Rs.5,136 crore for the quarter ending Dec 31, compared to Rs.4,008 crore in the previous corresponding quarter. The turnover of the Mukesh Ambani-led energy behemoth rose to Rs.62,399 crore during the quarter under review, compared to Rs.58,848 crore in the same period of last fiscal. The company also benefited from the rise in crude oil prices during the October-December quarter, helping Reliance Industries’ refining business to increase its turnover by 9.42 percent to Rs.52,524 crore

Reliance Industries net profit rises 28 percent to Rs.5,136 crore

India’s largest private company, Reliance Industries Friday reported a 28.14 percent rise in net profit at Rs.5,136 crore for the quarter ending Dec 31, compared to Rs.4,008 crore in the previous corresponding quarter. The turnover of the Mukesh Ambani-led energy behemoth rose to Rs.62,399 crore during the quarter under review, compared to Rs.58,848 crore in the same period of last fiscal

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