Navratna defence PSU Bharat Electronics Ltd. (BEL) on Friday informed that its net profit for the January-March 2009 quarter grew by 10.6% to Rs 559.43 crore over the corresponding year-ago period.
The company had posted a net profit of Rs 504.83 crore in the same quarter, previous year.
Further, company's total income also rose to Rs 2783.03 crore in the quarter, up from Rs 2339.16 crore in the previous year-ago quarter.
Exhibiting one of its worst quarterly performances ever, Ranbaxy Laboratories – now owned by Japanese firm Daiichi Sankyo - has posted its third straight quarter of losses, for the quarter ended March 31, 2009.
Citing foreign exchange instability, a 14 percent drop in its US market, and pricing strain in key markets, Ranbaxy posted a net loss of Rs 761 crore during the quarter – a dramatic turnaround from the Rs 153 crore net profit figures in 2008. In the previous two quarters, Ranbaxy posted losses of Rs 680 crore and Rs 394 crore.
Despite a difficult economic year, HCC, the engineering construction and infrastructure development company, has reported net profit of Rs 51.4 crore for the quarter ended March, 31,2009 compared with Rs 26.41 crore in the corresponding previous quarter.
The company has registered a growth of 94.47 per cent in its fourth quarter's net profit.
However, company's net sales during the quarter dipped to Rs 1,049.86 crore from Rs 1,071.73 crore last year, down by 2.04 per cent.
Public sector lender Corporation Bank on Friday reported a 26.18% surge in its net profit at Rs 260.49 crore for the fourth quarter ender March 31.
The lender had a net profit of Rs 206.43 crore in the March quarter last financial year.
During the fourth quarter of FY’09, the total income of the bank grew to Rs 2,199.64 crore from Rs 1,464.74 crore in the same quarter previous year.
For the financial year ended March 31, Corporation Bank reported a net profit of Rs 892.76 crore, down 21.46 per cent over the year-ago period. The bank had a net profit of Rs 734.98 crore in FY'08.
Piramal Healthcare on Friday informed that its consolidated net profit slipped 13.49% to Rs 114.90 crore in the fourth quarter ended 31 March, 2009, over the corresponding period a year ago.
The pharmaceutical firm had posted a net profit of Rs 132.82 crore in the March quarter of FY'08.
However, company’s net sales surged 9.34 per cent at Rs 850.91 crore in the March quarter, against Rs 778.20 crore in the same period last fiscal.
Navratna defence PSU Bharat Electronics Ltd. (BEL) on Friday informed that its net profit for the January-March 2009 quarter grew by 10.6% to Rs 559.43 crore over the corresponding year-ago period. 
Despite an economic slowdown, G
Exhibiting one of its worst quarterly performances ever, Ranbaxy Laboratories – now owned by Japanese firm Daiichi Sankyo - has posted its third straight quarter of losses, for the quarter ended March 31, 2009. 
Despite a difficult economic year, HCC, the engineering construction and infrastructure development company, has reported net profit of Rs 51.4 crore for the quarter ended March, 31,2009 compared with Rs 26.41 crore in the corresponding previous quarter. 
Public sector lender Corporation Bank on Friday reported a 26.18% surge in its net profit at Rs 260.49 crore for the fourth quarter ender March 31.
Piramal Healthcare on Friday informed that its consolidated net profit slipped 13.49% to Rs 114.90 crore in the fourth quarter ended 31 March, 2009, over the corresponding period a year ago.
