Fedders Lloyd net profit jumps two-fold in June quarter

New Delhi-based Fedders Lloyd Corp Ltd registered a net profit of Rs14 crore for the April-June 2010 quarter as compared to Rs6.9 crore in the same quarter a year ago. During the June 2010 quarter, the company's total revenue increased to Rs222.5 crore from Rs180.8 crore in June 2009 quarter, it said in a regulatory filing.

On Wednesday, Fedders Lloyd shares rose 7% to Rs108 on the Bombay Stock Exchange, while the Sensex closed 0.6% higher at 18,217 points.

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Mundra Port and SEZ Q1 net rises to Rs211.3 crore

The Adani Group led Mundra Port and Special Economic Zone Ltd reported a net profit of Rs211.3 crore for the first quarter ended 30 June 2010 as compared to Rs170.8 crore for the same quarter last year.

Its total revenue has increased to Rs416.4 crore for the April-June 2010 from Rs321.4 crore for the quarter ended 30 June 2009.

On Wednesday, Mundra Port and Special Economic Zone shares jumped 10.6% to Rs754 on the Bombay Stock Exchange, while the Sensex closed 0.6% higher at 18,217 points.

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L&T wins Rs1,025 crore orders in buildings and factories segment

Engineering and construction company Larsen & Toubro Ltd (L&T) said its buildings and factories unit secured orders worth Rs1,025 crore for the construction of various projects.

The projects include construction of two hospital buildings, residential projects in Mumbai and a cement plant for a major cement manufacturer in the country, said the company in a press release.

On Wednesday, Larsen & Toubro shares ended 2% up to Rs1,806 on the Bombay Stock Exchange, while the Sensex closed 0.6% higher at 18,217 points.

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