JSW Steel Q1 net profit rises to Rs295 crore vs Rs234 crore

JSW Steel Ltd reported a first quarter consolidated net profit of Rs295.4 crore compared with Rs234 crore during the same period last year.

Total revenues increased to Rs4,681.2 crore in the April-June quarter this year from Rs4,253.5 crore in the quarter ended 30 June 2009.

On a standalone basis, the company registered a net profit of Rs350.3 crore for the quarter ended 30 June 2010 against Rs340 crore in the same quarter last fiscal.

On Tuesday, JSW Steel shares ended 0.8% lower at Rs1,160 on the Bombay Stock Exchange, while the Sensex closed 0.3% higher at 18,077 points.

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Navneet Publications Q1 net profit up to Rs54.3 crore

Mumbai-based Navneet Publications (India) Ltd registered a first quarter net profit of Rs54.3 crore compared to Rs48.4 crore for the quarter ended 30 June 2009.

During the June quarter, its total revenues increased to Rs279.8 crore from Rs262 crore for the same quarter last year.

On Tuesday, Navneet Publications shares shed 0.9% to Rs51 on the Bombay Stock Exchange, while the Sensex closed 0.3% higher at 18,077 points.

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Indian Market Trends

The markets lost some steam as the Sensex remained flat while the Nifty gained 1% over the past...

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