The Aditya Birla flagship company, “Grasim Industries” for the first quarter ended June 30, 2008, has reported a flat growth 0.49 percent rise in net profit at Rs 514 crore. In the same period last year, it had 512 crore of net profit. The total income of the company saw a rise of 6.84 percent which came to Rs 2,674 this quarter while during the same period last year it had the total income of Rs 2,593 crore.
The minority shares of the company were marginally down by one percent from Rs 120 crore to Rs 672 crore. On the other hand income increased nine percent to Rs 4,524 crore.
Mangalore Refinery & Petrochemicals Ltd (MRPL), an ONGC group company, has posted a net profit of Rs 845.4 crore for the first quarter ended June 30, 2008.
The company has registered a growth of over two-fold from the year-ago period due to inventory gain of Rs 655 crore net of tax on account of increase in average crude oil price from approximately $100 per barrel in March 2008 to $129/bbl in June 2008.
The Company had posted a net profit of Rs 368.55 crore for the quarter ended June 30, 2007.
Seoul - South Korea's Samsung Electronics Friday reported a 51-per-cent profit increase for the second quarter of 2008, as sales were boosted by booming mobile phone and flat screen TV business, but stayed below analysts' expectations.
Profits in the months from April to June climbed by 50.6 per cent to 2.14 trillion won (2.11 billion dollars) year-on-year. Profits stayed almost level compared with the previous quarter.
Operating profits rose to 1.89 trillion won from 911 billion year-on-year, but again remained below analysts' predictions. First quarter operating profits were 2.19 trillion won.
Thursday saw the nation’s largest private firm “Reliance Industries” reporting a 13% jump in net profit on the back of good refining margins in the first quarter of current fiscal.
In April-June, the company had posted a net profit of Rs 4,110 crore, against Rs 3,630 crore a year ago.
The company earned USD 15.7 on every barrel of oil it processed from it’s refinery at Jamnagar, where it operates a 660,000 barrels per day. The USD figure earned is much higher than the Asian average of USD 8-9 barrel.
The leading mobile operator Bharti Airtel has been maintaining a strong momentum in the field by posting a growth of 34% on Thursday in its net profit at Rs 2,025 crore for the first quarter of 2008-09. The company’s consolidated total revenues saw a growth of 44% for the first quarter and stood at Rs. 8,483.
As of June 30, 2008, Bharti had total subscribers of 7.17 crore. Over the corresponding period of last year, the company saw an increase in total subscriber base by 61%.
ended June 30, 2008, has reported a flat growth 0.49 percent rise in net profit at Rs 514 crore. In the same period last year, it had 512 crore of net profit. The total income of the company saw a rise of 6.84 percent which came to Rs 2,674 this quarter while during the same period last year it had the total income of Rs 2,593 crore.
company, has posted a net profit of Rs 845.4 crore for the first quarter ended June 30, 2008. 
Seoul - South Korea's Samsung Electronics Friday reported a 51-per-cent profit increase for the second quarter of 2008, as sales were boosted by booming mobile phone and flat screen TV business, but stayed below analysts' expectations.
