Welspun India Q1 net profit tumbles to Rs15.6 crore

Welspun India Ltd said its net profit declined more than two fold to Rs15.6 crore in the April-June 2010 quarter from Rs33.3 crore in the same quarter last year.

Its total revenues increased to Rs461.3 crore in the June 2010 quarter from Rs417.8 crore in the corresponding quarter last year.

On Wednesday, Welspun India shares ended 0.3% down to Rs247 on the Bombay Stock Exchange, while the Sensex closed 0.6% higher at 18,217 points.

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Ruchi Soya Q1 net profit up 4.5% to Rs52.4 crore

Ruchi Soya Industries Ltd said its first quarter net profit rose 4.5% to Rs52.4 crore from Rs50.2 crore in the same quarter a year ago.

In the June 2010 quarter, the company's total revenues increased 11.5% to Rs3,469.1 crore from Rs3,112.1 crore a year ago.

On Wednesday, Ruchi Soya Industries shares ended 0.05% down to Rs108 on the Bombay Stock Exchange, while the Sensex closed 0.6% higher at 18,217 points.

 

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Fedders Lloyd net profit jumps two-fold in June quarter

New Delhi-based Fedders Lloyd Corp Ltd registered a net profit of Rs14 crore for the April-June 2010 quarter as compared to Rs6.9 crore in the same quarter a year ago. During the June 2010 quarter, the company's total revenue increased to Rs222.5 crore from Rs180.8 crore in June 2009 quarter, it said in a regulatory filing.

On Wednesday, Fedders Lloyd shares rose 7% to Rs108 on the Bombay Stock Exchange, while the Sensex closed 0.6% higher at 18,217 points.

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