Real estate investors, builders, end users are concerned about the impact of COVID-19 on the real estate sector in India but a report by ANAROCK suggests that inquiries for real estate have reached
Indian software services firm Tech Mahindra on Monday announced net profit of Rs 221.39 crore for the fourth quarter ended March 31, 2009 against a net loss of Rs 207.07 crore reported during the corresponding quarter in 2008.
However, company's total income for the quarter ended March 31, 2009 has decreased to Rs 1,019.31 crore from Rs 1,026.29 crore in the year-ago quarter.
For the year ended March 31, 2009, the company reported 188% surge in its net profit of Rs 986.65 crore against Rs 342.11 crore shown in 2008.
Bank of Baroda, the sixth largest bank of India, has reported growth of 172% in its net profit at Rs 752.69 crore for the fourth quarter ended March 31, 2009.
The bank had a net profit of Rs 276.44 crore in the March quarter of FY'08.
Further, the lender has registered 28.50 per cent jump in its total income to Rs 4,992.41 crore during the March quarter, from Rs 3,885 crore in the corresponding quarter last fiscal.