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This is an archive article published on August 14, 2010

Briefly Business

Realty firm Ansal Properties and Infrastructure Ltd on Friday reported a nearly four-fold jump in its consolidated net profit...

Ansal Q1 net jumps 4-fold

New Delhi: Realty firm Ansal Properties and Infrastructure Ltd on Friday reported a nearly four-fold jump in its consolidated net profit at Rs 38.79 crore for the quarter ended June on higher sales as well as price realisation. The company had posted a net profit of Rs 10.21 crore in the same quarter of last fiscal. The total income rose by 90 per cent at Rs 274.45 crore during the first quarter of the current fiscal against Rs 144.78 crore in the year-ago period.

Cipla Q1 PAT rises 6.49

New Delhi: Drug major Cipla on Friday reported a 6.49 per cent jump in its profit after tax to Rs 257.42 crore for the first quarter ended June 30,on the back of strong sales from exports. The company had a profit after tax PAT of Rs 241.71 crore in the same period previous fiscal. Net sales stood at Rs 1,427.38 crore for the first quarter ended June 30,compared to Rs 1,325.26 crore in the same period corresponding period.

BEML Q1 net climbs 3-fold

Mumbai: Defence PSU Bharat Earth Movers Ltd BEML on Friday posted a nearly three-fold jump in its net profit to Rs 14.4 crore for the quarter ended June 30. The heavy equipment manufacturer had a net profit of Rs 5.3 crore in the June quarter a year ago. Income from operations of the company witnessed an upsurge of a staggering 40 per cent at Rs 816.83 crore in the first April-June quarter,against Rs 583.53 crore in the corresponding quarter last year.

Net4 India Q1 net up 54

MUMBAI: Network services provider Net4 India on Friday reported a jump of 53.84 per cent in net profit to Rs 3 crore for the quarter ended June 30. The company had a net profit of Rs 1.95 crore in the same period last year,Net4 India said in a statement. The companys consolidated sales rose to Rs 49 crore against Rs 38.54 crore in the same period last fiscal.

Wockhardt Q1 net loss at Rs 116 cr

Mumbai: Pharma major Wockhardt has clocked a consolidated net loss of Rs 116.3 crore in Q1 FY11,compared to Rs 189.8 crore in the year-ago period. Its total income declined to Rs 921.6 crore in the reporting quarter,from Rs 954.2 crore in the year-ago period.

 

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