Mindteck (India) Ltd said that its consolidated net profit for the September quarter rose to Rs3.28 crore from to Rs52 lakh previous year.
During the September quarter, its revenues increased to Rs68.81 crore from Rs55.96 crore.
The company registered operating profit (EBITDA) of Rs4.76 crore compared to Rs1.78 crore in the corresponding period last year.
Pankaj Agarwal, managing director, Mindtrek, said, "Our renewed focus on select key industry verticals has resulted in significant successes. The momentum continues as we see progressively more growth and stability."
On Thursday, Mindteck ended 5% up at Rs44 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.4% down at 20,589 points.
Eros International Media Ltd said its net profit for the September quarter increased 12.9% to Rs45.33 crore from Rs40.16 crore last year despite lower revenues.
During the quarter to end-September, the media and entertainment company said its total revenues declined to Rs187.9 crore from Rs271.8 crore.
"The second half has already started brilliantly with the huge box office success of Golmaal 3 to be followed by No Problem, Toonpur Ka Superhero and Game.
For the second half of FY11, FY2012 and 2013, the company has an unparalleled line-up of more than 50 films in Hindi, Tamil and other languages, which is by far the largest visibility in terms of number of films," Eros said in a release.
On Thursday, Eros International ended 1.8% down at Rs194 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.4% down at 20,589 points.
Valecha Engineering Ltd (VEL) said its subsidiary, Valecha Infrastructure signed a memorandum of understanding (MoU) with the Madhya Pradesh government to develop 440 MW thermal power plant at Khajuraho, with an investment of about Rs20,000 crore.
The company however did not provide any source of funding.
VEL has already started to identify feasible land and other resources for the project, it said in a regulatory filing.
On Thursday, VEL declined 1.5% to Rs206 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.4% down at 20,589 points.