Hindustan Copper Q2 net profit jumps nearly 4-fold to Rs56.2 crore

State-run Hindustan Copper Ltd (HCL) reported a nearly four-fold jump in its second quarter net profit to Rs56.2 crore from Rs15.1 crore a year ago, mainly on account of higher prices and sales volumes.

The company, which is gearing up for a share sale in December said its net sales rose 31% to Rs324.4 crore in second quarter of the current financial year compared to Rs247.3 crore in the same period last fiscal.

On Thursday, HCL shares ended 0.7% up at Rs441 on the BSE, while the benchmark Sensex closed 0.3% down at 19,941 points.

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yashpal

7 years ago

he process to navratna registerto got offf india and gain profit increase and other sides to open thus gain profit

GSPL Q2 net profit falls 16.8% to Rs91.5 crore

Gujarat State Petronet Ltd (GSPL) reported a 16.8% fall in its net profit for the second quarter ended September 2010, to Rs91.5 crore.

The company had reported net profit of Rs110.1 crore in July-September quarter last year, GSPL said in a filing to the Bombay Stock Exchange (BSE).

The net sales of the company also fell to Rs253 crore from Rs254.8 crore in the year-ago period, the filing added.

On Thursday, GSPL shares declined 4.5% to Rs112 on the BSE, while the benchmark Sensex closed 0.3% down at 19,941 points.

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J&K Bank Q2 net up 22% to Rs163.3 crore

J&K Bank Ltd said its net profit rose 22% to Rs163.3 crore for the quarter ended September 2010 from Rs134.3 crore in the same quarter last year.

During the September 2010 quarter, its total revenues, including interest income increased 14.9% to Rs973.4 crore from Rs847.5 crore, the lender said in a regulatory filing.

On Thursday, J&K Bank shares gained 2.9% to Rs885 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.3% down at 19,941 points.
 

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