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Quarterly results: Indian Hotels Q2 loss at R433.48 crore

Tata Group firm Indian Hotels Company on Saturday reported consolidated net loss of Rs 433.48 crore for the second quarter ended September 30.


November 10, 2013 3:56:18 am

Mumbai: Tata Group firm Indian Hotels Company on Saturday reported consolidated net loss of Rs 433.48 crore for the second quarter ended September 30. The company had posted a consolidated net loss after taxes,minority interest and share of profit/loss in associates of Rs 57.49 crore for the year-ago period.

J&K Bank Q2 net profit up 12%

New Delhi: J&K Bank has reported 12.2 per cent increase in net profit to Rs 302.66 crore for the second quarter. The total income during the quarter increased to Rs 1,749.22 crore,from Rs 1591.51 crore in the year-ago period.

United Spirits Q2 net up 2.4 times

New Delhi: United Spirits on Saturday reported a nearly two-and-half-fold jump in standalone net profit to Rs 94.27 crore for the quarter ended September 30,2013,mainly on account of other income and forex gain. The company had posted a net profit of Rs 39.27 crore for the year-ago period.

Dena Bank Q2 net profit down 55%

Mumbai: Dena Bank on Saturday reported a 55.19 per cent decline in net profit at Rs 107.38 crore for the second quarter on account of higher provisions. The bank’s provisions increased to Rs 266 crore in the second quarter from Rs 197 crore in the last quarter. PTI

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