State-run IDBI Bank on Friday has reported a 28.02 per cent growth in its net profit for the fourth quarter ended March 31, 2009. The lender’s net profit rose to Rs 3.13 crore, against Rs 2.45 crore in the March quarter of FY'08.

While, lender’s total income surged 41% to Rs 37.34 crore for January-March 2008 from Rs 26.47 crore in the corresponding period a year ago.

During the quarter, IDBI's interest income jumped 45 per cent to Rs 32.62 crore, while interest expenditure stood at Rs 27.80 crore, up 38 per cent over the same period last fiscal.

Diesel-engine manufacturer Kirloskar Oil Engines has registered 36% jump in its net profit for the fourth quarter ended March 31, 2009.

The company posted net profit worth Rs 49.05 crore against Rs 36.17 crore in the same quarter ended March, 2008.

However, the total operating income of the company during the quarter, stood at Rs 503.81 crore against Rs 616.61 crore in the previous fiscal.

Subhash Chandra promoted firm Zee News has registered 42.67 per cent drop in its consolidated net profit for the fourth quarter ended March 31

The company posted net profit worth Rs 8.76 crore against Rs 15.28 crore in the same quarter ended March, 2008.

However, the company’s has cloaked total income worth Rs 138.44 crore during the quarter under review, as against Rs 113.07 crore in the same quarter last fiscal.

For the year ended March 31, the company has posted a consolidated net profit of Rs 44.66 crore, up 20.47 per cent from Rs 37.07 crore in the same period previous fiscal.

The company reported Net Sales including operating other income of Rs 515.93 Crs in Q2 FY 09 as against Rs 500.04 Crs in Q2 FY 08 an increase of 3.08% on YoY basis and Rs 362.24 Crs in Q1 FY 09 an increase of 29.79% QoQ basis.

The company reported an EBIDTA of Rs 279.86 Crs in Q2 FY09 as against Rs 392.70 Crs in Q2 FY08 a decline of 40.32% YoY basis and against Rs 353.22 Crs in Q1 FY09 a decline of 26.21% QoQ basis as lower production cost and deprecation cost has increased.

Revenues declined by 23.9 % y-o-y to Rs 28362 crs in Q4 09. Decline in revenues is attributable to poor performance across segments. Revenue from Petrochemicals segment declined 31.1% y-o-y to Rs 9724 crs.

Refining segment registered decline in revenue of 24.6% y-o-y to Rs 21631 crs, while revenue from oil&gas segment declined by 11.1% y-o-y to Rs 736 crs.

NII for the quarter March 09 increased by 12.8% YOY and declined by 6.4% QOQ. NII for QOQ decreased on account of reduction in interest earned.

NII for year FY09 increased by 42.0%

Profit before provisioning increased by 44.3% YOY and 7.7% QOQ. Increase in profit was on account of increase in other income.

HDFC Bank reported PAT of 630.9 crores resulting in increase of 1.5% QOQ and 33.9% YOY.

PAT for the year. FY09 increased by 41.2%. EPS for Q409 stood at 14.8 resulting in an increase of 11.6% QOQ and 41.2% YOY