Q3 results today Allahabad Bank Asian Paints Bharti Airtel Corporation Bank Grasim Inds Hindustan Const, Hindustan Zinc ITC Reliance Industries Tech Mahindra

Bharti Airtel Q3 net up marginally at Rs 2,209 cr
Telecom service provider Bharti Airtel today reported a low net profit growth of 2.3 per cent at Rs 2,209.80 crore for the quarter ending December 31, 2009, weighed down heavily by low tariff and severe competition.

Reliance Q3 net up 16% to Rs 4,008cr
Reliance Industries today reported its first increase in net profit in five quarters -- a 15.8 per cent rise to Rs 4,008 crore in the period ended December 31, as higher natural gas sales outweighed lower earnings from oil refining.

Corporation Bank Q3 net up 19% to Rs 305 cr
Corporation Bank reported 18.92 per cent increase in net profit to Rs 304.99 crore for the third quarter ended December 2009 as compared to Rs 256.47 crore in the corresponding quarter last year.

ITC Q3 profit rises 27% to Rs 1,144 cr
ITC reported a 26.7% rise in net profit at Rs 1,144.17 crore in the quarter ended December 31, 2009 as against Rs 903.21 crore in the same quarter last year.

HCC Q3 net dips 36% to Rs 15 cr
Hindustan Construction Company (HCC) reported a 36 per cent drop in net profit for the quarter ended December 31, 2001 at Rs 14.75 crore as against Rs 23.20 crore in the previous corresponding quarter.

Allahabad Bank Q3 net down 6% to Rs 345 cr
Allahabad Bank today posted 6.52 per cent drop in net profit to Rs 345.37 crore for the quarter ended December 31, 2009 as compared to Rs 369.46 crore for the corresponding period last year mainly due to higher provisioning and lower other income.

Godrej Properties net up 16-fold to Rs 18 cr
Godrej Properties, posted a 16-fold growth in its net profit for the December quarter of fiscal 2010 on the back of strong bookings.
The company posted a net profit of Rs 17.59 crore for the quarter ending December compared with Rs 1.43 crore it posted in the corresponding quarter in the previous financial year.

Geometric net grows 9-fold to Rs 16 cr
Geometric’s net profit for the third quarter ended December 31, 2009, grew almost nine times to touch Rs 16.2 crore from Rs 1.76 crore in the corresponding quarter last year.

Bajaj Electricals Q3 net jumps 75% to Rs 34 cr
Bajaj Electricals today reported a jump of 75.41 per cent in its net profit for the third quarter at Rs 34.10 crore.

Asian Paints Q3 net surges over threefold to Rs 212 cr
Asian Paints today said its consolidated net profit surged over threefold to Rs 211.84 crore for the third quarter ended December 31, over the same period last fiscal.

Grasim consolidated Q3 net up 56%
Grasim Industries, posted a 56 per cent rise in its consolidated net profit at Rs 715 crore for the third quarter ended December 31, 2009, compared with Rs 460 crore in the corresponding previous quarter.
On the standalone basis, the net profit for the December quarter stood at Rs 595.88 crore as against Rs 329.56 crore last year, up 80 per cent. The net sales on the standalone front was Rs 3,051.89 crore compared with Rs 2,658.77 crore, up 14.79 per cent.

Tech Mahindra Q3 profit shrinks 30% to Rs 173 cr
Tech Mahindra today posted a 30 per cent fall in consolidated profit after tax at Rs 172.78 crore for the quarter ended December 31, over the same period last fiscal.

JK Paper Q3 net up by six times to Rs 20 cr
JK Paper today said its net profit jumped over sixfold to Rs 20.35 crore for the quarter ended on December 31, 2009, on the back of strong performance and cost control measures.

Hind Zinc Q3 net soars threefold to Rs 1,149 cr
Hindustan Zinc today posted a three-fold jump in its Q3 profit to Rs 1,148.65 crore as against Rs 369 crore in the corresponding period a year ago, driven by improved output, sales and prices realisation.