Hi-Tech Gears net profit up to Rs7.3 crore for Q1

Gurgaon-based Hi-Tech Gears Ltd reported a net profit of Rs7.3 crore for the first quarter compared to Rs2.8 crore for the same quarter last year.

During the June 2010 period, the company's total revenues increased to Rs92.9 crore, against Rs75.1 crore in the corresponding period last year.

On Monday, Hi-Tech shares declined 4.5% at Rs186 on the Bombay Stock Exchange, while the Sensex closed 0.6% lower at 18,020 points.

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Gateway Distriparks Q1 net down to Rs14 crore

Navi Mumbai-based Gateway Distriparks Ltd said its first quarter net profit declined to Rs14 crore against Rs16.6 crore during the June quarter of previous year.

During the period its total revenues increased to Rs130.1 crore, from Rs 125.5 crore, same quarter a year ago, it said in a regulatory filing.

On Monday, Gateway Distriparks shares fell 3.8% to Rs111 on the Bombay Stock Exchange, while the Sensex closed 0.6% lower at 18,020 points.

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Dena Bank Q1 net profit up at Rs138.8 crore vs Rs116 crore

Dena Bank Ltd said its first quarter net profit rose to Rs138.8 crore compared with a net profit of Rs116 crore recorded in June quarter a year ago.

The lenders total revenues, including interest, for the June 2010 quarter increased to Rs1,221.8 crore from Rs1,123.8 crore, same period a year ago.

On Monday, Dena Bank shares ended 1.8% down at Rs99 on the Bombay Stock Exchange, while the Sensex closed 0.6% lower at 18,020 points.

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