Idea Cellular Q2 net profit Rs179.7 crore vs Rs220.2 crore

Telecom services provider Idea Cellular Ltd reported a consolidated net profit of Rs179.7 crore for the second quarter ended 30 September 2010 from Rs220.2 crore a year ago.

 "Figures for the current period are not comparable with that of the corresponding period due to the merger of Spice Communications Ltd effective 1 March 2010, prior to which it was a joint venture," Idea Cellular said in a filing to the Bombay Stock Exchange (BSE).

During the quarter to end-September, its total revenues increased to Rs3,659.2 crore from Rs2,973.9 crore.

On the standalone basis, the company has reported net profit of Rs166 crore as against Rs259.9 crore in the same quarter last year.

On Thursday, Idea Cellular Ltd shares ended 3.2% down at Rs67 on the BSE, while the benchmark Sensex closed 1.1% down at 20,005 points.
 

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Glenmark Pharma Q2 net profit at Rs111.6 crore vs Rs80.9 crore

Drug firm Glenmark Pharmaceuticals Ltd said its consolidated net profit rose 38% to Rs111.6 crore for the second quarter ended 30 September 2010 from Rs80.9 crore in the same period last financial year.

During the quarter to end-September, its total revenues rose to Rs741.4 crore from Rs602.5 crore same period last fiscal.

On Thursday, Glenmark Pharma shares ended 3.3% up at Rs324 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.1% down at 20,005 points.

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Dabur Q2 consolidated net profit up 15.4% to Rs160 crore

FMCG company Dabur India Ltd said its consolidated net profit for the second quarter ended 30 September increased 15.4% to Rs160 crore from Rs139 crore in the same quarter last year.

Its consolidated net sales were gained 14.7% to Rs973 crore from Rs848 crore, the company said in a statement.

During the September 2010 quarter, Dabur India's standalone net profit increased 1.4% at Rs126.2 crore compared to Rs124.4 crore while its total revenues increased 13.3% to Rs807.2 crore from Rs712.5 crore in the year-ago quarter.

The company declared an interim dividend of 50% or 50 paisa per share.
On Thursday, Dabur shares ended 1.3% down at Rs103 on the Bombay Stock Exchange, while the benchmark Sensex declined 1.1% to 20,005 points.
 

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