Educomp Solutions Q1 net profit up to Rs36.5 crore

Educomp Solutions Ltd said its consolidated net profit for the first quarter increased to Rs36.5 crore as compared to Rs34.2 crore while its total revenues rose to Rs237.9 crore from Rs209.2 crore, same quarter last year.

On Tuesday, Educomp Solutions shares rose 5.3% to Rs689 on the Bombay Stock Exchange, while the Sensex closed 0.4% down to 18,219 points.

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Reliance Capital Q1 net profit falls to Rs77.7 crore

Anil Dhirubhai Ambani Group (ADAG) company Reliance Capital Ltd said its first quarter net profit declined to Rs77.7 crore as against Rs151 crore in the same quarter last year.

During the June 2010 quarter, its total revenues declined to Rs1,035 crore from Rs1,452 crore, said the company in a regulatory filing.

General insurance loss was at Rs38.6 crore as against the profit of Rs1 crore while finance and investment profit declined to Rs66 crore from Rs116 crore, it said.

On Tuesday, Reliance Capital shares declined 1.3% to Rs758 on the Bombay Stock Exchange, while the Sensex closed 0.4% down to 18,219 points.

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Tata Motors swings back to net profit in first quarter

Tata Motors Ltd, India's largest automobile manufacture, said its consolidated net profit for the first quarter increased to Rs1,988.7 crore against the net loss of Rs328.8 crore for the same quarter last year.

During the June 2010 quarter, Tata Motors' total revenues rose to Rs27,090.1 crore, from Rs16,794 crore, said the company in a regulatory filing.

On standalone basis, the company reported net profit of Rs395.7 crore for the June  quarter as compared to Rs513.8 crore. Its total revenues, on a standalone basis rose to Rs10,485.6 crore from Rs6,723.4 crore.

On Tuesday, Tata Motors shares closed 4.2% higher to Rs957 on the Bombay Stock Exchange, while the Sensex closed 0.4% down to 18,219 points.

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