Mahindra & Mahindra Financial Services Ltd, the wholly-owned subsidiary of automotive giant Mahindra & Mahindra, has posted a net profit of Rs 109.95 crore for the quarter ended March 31, 2009 as compared to Rs 76.90 crore for the quarter ended March 31, 2008.

In addition, the company has also registered jump in its total income from Rs 364.09 crore for the quarter ended March 31, 2008 to Rs 401.50 crore for the quarter ended March 31, 2009.

Revenue declined by 0.95 % YoY to Rs. 209.3 crs for 4Q 09, whereas it increased 10.12% to Rs. 774.4 crs in FY 2009.

Operating profit declined by 8.94% y?o?y to Rs. 59.7 crs for 4Q 09, while it increased 26.2% to Rs. 182.0 crs for the year driven by decline in raw material costs. Raw material costs as a percentage of revenue declined from 52.3% in FY 2008 to 49.5% in FY 2009

Depreciation increased by 45.3% in 4Q 09. Whereas in FY 2009 it increased by 47.7% to Rs. 8.2 crs.

Hindustan Zinc, a part of the dynamic Vedanta Resources group, has declared the results for the three-month period ended March 31, 2009.

For the period under review, India's leading zinc producer said that it has posted a decline of 53.35% in its net profit, which stood at Rs 551.47 crore as against Rs 1,182.20 crore during the corresponding period of the last year (March 2008).

The company’s total income during the fourth quarter witnessed a fall of 39.39% to Rs 1,483.15 crore from Rs 2,446.97 crore in the fourth quarter of FY 2008.

Private sector lender Yes Bank on Wednesday informed that its net profit rose 24.20% to Rs 80.11 crore in the quarter ended March 2009 as against Rs 64.50 crore during the previous quarter ended March 2008.

In addition, the lender's total operating income also grew 46.44% to Rs 566.31 crore in the quarter ended March 2009 as against Rs 386.73 crore during the previous quarter ended March 2008.

For the full year, bank's net profit surged by 51.90% to Rs 303.84 crore in the year ended March 2009 as against Rs 200.02 crore during the previous year ended March
2008.

HCL Technologies, a leading offshore IT & software development company, on Wednesday reported a 42 per cent decline in its net profit at Rs 152.57 crore for the third quarter ended March 31, 2009

The firm had posted a net profit of Rs 263.08 crore in the same quarter last fiscal.

In addition, the total income of the company also fell to Rs 1,048.90 crore in the quarter under review, against Rs 1,275.58 crore in the same quarter previous fiscal.

For the nine-month ended March 31, the company has posted a net profit of Rs 804.37 crore from Rs 794.19 crore in the same period a year ago, up 1.28 per cent.

According to the consolidated first quarter results posted by the cement bigwig ACC Ltd, the company's year-on-year net profit figures, for the quarter ended March 31, 2009, have gone up from Rs 324.3 crore a year before to Rs 399.34 crore.

In its filing to the stock exchange, the cement maker said that its total income also moved upward - from the year earlier Rs 1953.33 crore to Rs 2217.82 crore.