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This is an archive article published on July 29, 2008

HDFC Bank reports Q1 net profit of Rs 464.35 crore

Private sector lender HDFC Bank today reported a net profit of Rs 464.35 crore for the first quarter ended on June 30...

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Private sector lender HDFC Bank today reported a net profit of Rs 464.35 crore for the first quarter ended on June 30, against Rs 321.23 crore in the corresponding period a year-ago. The total income rose to Rs 4,215.15 crore in the June quarter, from Rs 2,641.70 crore in the same period of FY’08, HDFC Bank said in a filing to the Bombay Stock Exchange.

Dabur India Q1 net up 25 per cent

New Delhi: Driven by strong growth in key categories and a turnaround in its consumer health division, FMCG major Dabur India today reported a 25.31 per cent jump in net profit for the quarter ended June 30, at Rs 70.14 crore as against Rs 55.97 crore in the year-ago period.

GlaxoSmithKline Q2 net at Rs 115 crore

Mumbai: Drug maker GlaxoSmithKline Pharmaceuticals today posted a net profit of Rs 114.86 crore for the second quarter ended June 30, where as the same was at Rs 96.43 crore a year ago.

L&T posts 33 per cent increase in profit

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MUMBAI: Backed by a healthy order book, engineering major Larsen & Toubro Ltd reported a 33 per cent jump in net profit for the April-June quarter at Rs 502 crore. Gross sales grew by 53 per cent at at Rs 6993 crore over the corresponding quarter last year. Order inflow, continued during the quarter with a 24 per cent rise. The engineering & construction (E&C) segment reported a 28 per cent growth in orders at Rs 10,516 crore.

Hindalco net profit up 16 per cent

MUMBAI: Aditya Birla group company Hindalco posted a 16 per cent rise in net profits in the April-June quarter this fiscasl. Net sales and operating revenues remained flat at Rs 4,647.5 crore. The profit after tax was up at Rs 696.8 crore.

Wockhardt Q2 sales up 48 per cent

Mumbai: Pharmaceutical and biotechnology major Wockhardt Ltd today announced a 48.3 per cent increase in consolidated sales revenues at Rs 935 crore for the second quarter ended June 30 over the corresponding quarter of 2007. Operating profit grew 51.6 per cent to Rs 230.8 crore. Net profit, however, slipped by 6.3 per cent at Rs 95.9 crore.

Dish TV Q1 reports net loss of Rs 125.4 cr

New Delhi: Direct-to-Home operator Dish TV India Ltd today announced a net loss of Rs 125.4 crore for the quarter ended June 30, against a net loss of Rs 89.76 crore in the corresponding period in the previous fiscal. The total income rose to Rs 164.6 crore in the latest quarter, from Rs 89.34 crore in the same quarter last last fiscal, the Essel group firm said in a filing to the Bombay Stock Exchange.

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