Reality major, DLF has announced its second quarter results today. Its second quarter total sales were up at Rs.2,369 cr versus Rs.1,750.9 cr last, YOY (year on year basis). Also, its consolidated net profit was down at Rs 418.4 cr versus Rs 439.7 cr a fall of about 5%, YoY. The company's trailing 12-month (TTM) EPS was found to be at Rs.5.15 per share (slightly lower than expected). The stock's ... [Continue Reading]
SAIL Second Quarter Result Disappoints, net profit down 34%
India's second largest steel company Steel Authority of India (SAIL) has announced its second quarter (ended September 2010) results today. The company has reported a net profit of Rs.1,090 cr as against Rs.1,660 cr last quarter, down 34.34% on year-on-year basis (YoY). Net sales jumped 6.63% to Rs.10,603 cr from Rs.9,944 cr (Year on year basis). Also, Earning before interest, depreciation, tax ... [Continue Reading]
Hindustan Unilever Q2 Results Announced, Net Profit Jumps 34.76% at Rs.566 Cr
Hindustan Unilever Limited (HUL) has announced its second quarter results of 2010. Company has reported net profit at Rs.566 crore vs Rs.420 crore (last), shows growth of 34.76% on year-on-year basis (YoY). Its net sales jumped 10.9% at Rs.4,680 crore versus Rs 4,220 crore in same period of FY10. Adjusted profit after tax of the company was reported at Rs.566 crore versus Rs.499.7 crore, hence a ... [Continue Reading]
Power Grid Q2 Results Declared, Profit Surged 41.52%
Power Grid Corporation Ltd. has announced its second quarter result (ending September 2010). It has reported net profit of Rs.651 crore against Rs.460 crore last quarter, a strong growth of 41.52% was seen on yearly basis (Year on year). Its total revenue boosted 25.04% to Rs.2,127 crore from Rs.1,701 crore (YoY). Also its average yearly earnings per share (EPS) was found to be Rs.5.22 per share, ... [Continue Reading]
L&T NET PROFIT JUMPED 31%, ON STRONG EARNINGS
India's largest publicly held company, L&T has declared its Q2 (second quarter) results today. The company seen strong growth with Q2 net profit jumping 31% at Rs.765 crore vs Rs.580 crore. Also, its net sales were at Rs 9,261 crore versus Rs 7,918.8 crore last quarter. Its income from other sources (Satyam stake sale) was also up at Rs 382 crore versus Rs 212 crore earlier. Company's operating ... [Continue Reading]
