Following are the key corporate results for the quarter ended December 2011 announced on January 24:
Yes Bank, one of the leading private sector lenders in India, has posted a net profit of Rs 2.54 billion for the quarter ended December 31, 2011 as compared to Rs 1.91 billion for the quarter ended December 31, 2010, representing an increase of 32.98%. Total income has increased from Rs 12.87 billion for the quarter ended December 31, 2010 to Rs 18.95 billion for the quarter ended December 31, 2011, representing an increase of 47.24%. Net Interest Income (NII) growth for Q3FY12 increased by 32.3% y-o-y to Rs 4,276 million from Rs 3232 million in Q3FY11. This was on account of a sustained growth in Customer Assets & stable NIM of 2.8%.
Mangalore Refinery & Petrochemicals (MRPL) has posted a net profit after tax of Rs 1.09 billion for the quarter ended December 31, 2011 as compared to Rs 3.13 billion for the quarter ended December 31, 2010, representing a decrease 65.18%. Net sales has increased from Rs 103.19 billion for the quarter ended December 31, 2010 to Rs 129.30 billion for the quarter ended December 31, 2011, representing an increase of 25.30%.
Indraprastha Gas (IGL) has posted a net profit after tax of Rs 691.50 million for the quarter ended December 31, 2011 as compared to Rs 671.91 million for the quarter ended December 31, 2010, representing marginal increase 2.92%. Total income has increased from Rs 4.57 billion for the quarter ended December 31, 2010 to Rs 6.64 billion for the quarter ended December 31, 2011, representing an increase of 45.30%.
Lupin has posted consolidated net profit of Rs 2.35 billion for the quarter ended December 31, 2011 as compared to Rs 2.24 billion for the quarter ended December 31, 2010, representing an increase of 4.91%. Total consolidated income has increased from Rs 15.13 billion for the quarter ended December 31, 2010 to Rs 18.22 billion for the quarter ended December 31, 2011, representing an increase of 20.42%.
Stock Updates
Disclaimer: Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person. Stock quotes are believed to be accurate and correctly dated, but does not warrant or guarantee their accuracy or date.
Our site takes no responsibility for any investment decisions based on recommendations provided on website.
Google Adsense Ads are posted on every page of the website so visitors clicking on Ads and going to those links and carrying any financial deal is not at all related to to our website and any financial deal should be done on their own sole responsibility.
(updated - 24 Jan 2012)
More News Follows
Top Q3 Results 2011-2012
CEAT has posted a net profit of Rs 23.9 million for the quarter ended December 31, 2011 as compared to Rs 50.1 million for the quarter ended December 31, 2010, representing decrease of 52.30%. Total income has increased from Rs 8.95 billion for the quarter ended December 31, 2010 to Rs 10.65 billion for the quarter ended December 31, 2011, representing an increase of 19.04%.
Indiabulls Real Estate has posted consolidated net profit of Rs 417.77 million for the quarter ended December 31, 2011 as compared to Rs 766.10 million for the quarter ended December 31, 2010, representing decrease of 45.47%. Net sales on consolidated basis has decreased from Rs 4 billion for the quarter ended December 31, 2010 to Rs 3.56 billion for the quarter ended December 31, 2011, representing decrease of 10.81%.
Edelweiss Financial Services has posted consolidated net profit after minority interest of Rs 294.4 million for the quarter ended Dec. 31, 2011 as compared to Rs 623 million for the quarter ended Dec. 31, 2010, representing a decrease of 52.74%. Total consolidated income has increased from Rs 4.28 billion for the quarter ended Dec. 31, 2010 to Rs 4.55 billion for the quarter ended Dec. 31, 2011, representing an increase of 6.31%.
Indian Metals & Ferro Alloys has posted a net profit of Rs 131.6 million for the quarter ended December 31, 2011 as compared to Rs 294.1 million for the quarter ended December 31, 2010, representing decrease of 55.25%. Total income has increased from Rs 2.35 billion for the quarter ended December 31, 2010 to Rs 3.08 billion for the quarter ended December 31, 2011, representing an increase of 31.06%.
Zensar Technologies has posted consolidated net profit of Rs 522.9 million for the quarter ended December 31, 2011 as compared to Rs 339.3 million for the quarter ended December 31, 2010, representing an increase of 54.11%. Net sales has increased from Rs 2.59 billion for the quarter ended December 31, 2010 to Rs 4.80 billion for the quarter ended December 31, 2011, representing an increase of 85.33%.
Godawari Power and Ispat reported a sharp drop of 50% in consolidated net profit for the quarter ended Dec 31, 2011, mainly due to significant fall in the operating margins. During the quarter, the company posted profit of Rs 106.2 million as compared to Rs 211.9 million for the same quarter last year. Total income has increased from Rs 2.28 billion for the quarter ended December 31, 2010 to Rs 4.80 billion for the quarter ended December 31, 2011, representing an increase of 2.10 times.
Ajanta Pharma has posted a net profit of Rs 185.08 million for the quarter ended December 31, 2011 as compared to Rs 119.49 million for the quarter ended December 31, 2010, representing an increase of 54.90%. Net sales has increased from Rs 1.21 billion for the quarter ended December 31, 2010 to Rs 1.64 billion for the quarter ended December 31, 2011, representing an increase of 36%.
Kirloskar Brothers has posted a net profit of Rs 126.79 million for the quarter ended December 31, 2011 as compared to Rs 168.91 million for the quarter ended December 31, 2010, representing decrease of 24.94%. Total income has increased from Rs 3.88 billion for the quarter ended December 31, 2010 to Rs 4.20 billion for the quarter ended December 31, 2011, representing an increase of 8.25%.
eClerx Services has posted consolidated net profit after minority interest of Rs 499.48 million for the quarter ended Dec. 31, 2011 as compared to Rs 359.81 million for the quarter ended Dec. 31, 2010, representing an increase of 38.82%. Net sales on consolidated basis has increased from Rs 871.99 million for the quarter ended Dec. 31, 2010 to Rs 1,319.73 million for the quarter ended Dec. 31, 2011, representing an increase of 51.35%.
Prism Cement has posted a net profit of Rs 225.2 million for the quarter ended December 31, 2011 as compared to net loss of Rs 3.8 million for the quarter ended December 31, 2010. Total income has increased from Rs 8.43 billion for the quarter ended December 31, 2010 to Rs 11.37 billion for the quarter ended December 31, 2011, representing an increase of 34.88%.
Hyderabad Industries has posted a net profit of Rs 101.6 million for the quarter ended December 31, 2011 as compared to Rs 63.7 million for the quarter ended December 31, 2010, representing increase of 59.50%. Net sales has increased from Rs 1.69 billion for the quarter ended December 31, 2010 to Rs 1.94 billion for the quarter ended December 31, 2011, representing an increase of 14.59%.
Bajaj Steel Industries has posted a net profit of Rs 58.90 million for the quarter ended December 31, 2011 as compared to Rs 11.26 million for the quarter ended December 31, 2010, representing sharp increase of 5.23 times. Total income has increased from Rs 726.2 million for the quarter ended December 31, 2010 to Rs 1053.1 million for the quarter ended December 31, 2011, representing an increase of 45.01%.