Petronet LNG, the nation's largest liquefied natural gas importer, has registered 70.24 growth in its net profit to Rs 204.35 crore for the fourth quarter ended March 31.
The company had a net profit of Rs 120.03 crore in the same quarter ended March 2008.
Further, the company's total income also rose to Rs 2,654.88 crore in the quarter, up by 51.47% from Rs 1,752.65 crore in the previous year-ago quarter.
For the full year ended March 31, 2009, the company posted a net profit of Rs 518.44 crore, up 9.22 % as compared with Rs 474.66 crore in the last fiscal.
Maruti Suzuki India Limited, a subsidiary of Suzuki Motor Corporation of Japan, is the leader in the Indian car market with 54% market share. The company has State? of? the? art Manufacturing Facilities at Gurgaon located some 25 km south of New Delhi & has also commissioned a plant at Manesar.
Maruti Suzuki has a sales network of 681 state? of ?the? art showrooms across 454 cities, with a workforce of over 15000 trained sales personnel.
New York - Verizon Communications Inc, the second-largest US phone company, had better-than-expected profits of about 3.2 billion dollars in the first quarter as customers laid out more money for text messaging and other services. Sales rose 12 per cent to 26.6 billion dollars, bolstered by the purchase of Alltel Corp. But global business revenues dropped 3.4 per cent as companies fired workers and delayed new purchases, Bloomberg financial news service reported.
New York - Whirlpool, the world's largest maker of household appliances, barely stayed in the black in the first quarter, according to the report issued Monday by the Benton Harbor, Michigan- based company. But despite the earnings drop of 28 per cent to 68 million dollars, the company defied analysts' expectations it would go into the red. Revenues fell 23 per cent to 3.6 billion dollars compared to the same period of 2008 for the US firm now owned by Germany's Bauknecht.
The rival Swedish firm Electrolux reported three-times the losses it reported in the same period last year.
3i Infotech, a global Information Technology company, has registered 85.29 growth in its net profit to Rs 90.46 crore for the quarter ended March 31. The company had a net profit of Rs 48.82 crore in the same quarter ended March 2008.
Further, the company's net sales also rose to Rs 606.76 crore in the quarter, up by 73.25% from Rs 349.86 crore in the previous year-ago quarter. Apart from the announcement of results, 3i Infotech Ltd has recommended an equity dividend of Rs 1.50 per share having face value of Rs 10/- each.
Balrampur Chini Mills, one of the largest integrated sugar manufacturing company, on Saturday announced a marginal increase in net profit at Rs 66.19 crore for the second quarter ended March 31, 2009, compared to Rs 65.65 crore in the year-ago period.
The net sales for the quarter rose 15.93% to Rs 357.11 crore, compared to Rs 308.03 crore for prior year period.
Further, the company's total income surged by 14.84 per cent to Rs 357.34 crore, from Rs 311.15 crore in the corresponding period in the previous year.