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Grasim    has informed the BSE that the consolidated  net profit has declined over 35%  to Rs 568.79 crore in the quarter ended March 31,2009 from Rs 880.77 crore in the corresponding quarter a year ago. The total income, however, has increased 5% to Rs 5,065.68 crore in Q4FY09 as against Rs 4,832.37 crore in Q4FY08. Further, the board has recommended dividend of Rs 30 per share for the full year.

Grasim Industries Ltd posted a net profit of Rs 419.50 crore for the second quarter ended September 30, 2008 as compared with Rs 499.78 crore reported during the same quarter in 2007. Total income for the quarter has increased to Rs 2,784.91 crore from Rs 2,555.89 crore in the year-ago period.

Larsen & Toubro’s exports on a roll (The Hindu Businessline 24th Jan 2008)Larsen & Toubro’s export segment appears to be on a roll what with the company rapidly augmenting the proportion of overseas orders. Larsen & Toubro on Wednesday announced the bagging of orders worth Rs 1,057 crore in the West Asian region, a significant part of the projects being in the power transmission and distribution space. Over the last one month, the company has announced the bagging of three significant export orders amidst international competition, adding up to over Rs 3,000 crore. More Grasim: Non-cement businesses drive growth (The Hindu Businessline 24th Jan 2008) Better performance from the sponge iron could helpGrasim Industries has posted December quarter numbers that were in line with market expectations. The company registered a 35 per cent growth in net profits at Rs 553.79 crore for the quarter ending December 2007, on the back of a 15.5 per cent increase in sales. Profit margi...

BoI net profit doubles in 3rd quarter (Business Standard 23th Jan 2008) The improvement in interest margins, sale of equity, recoveries and commissions helped Bank of India (BoI)to post a 101 per cent growth in is net profit for the third quarter ended December 2007 at Rs 512 crore as against Rs 255 crore in same period last year. Total income in the quarter grew to Rs 3,705.2 crore from Rs 2,641 crore a year ago. Net interest income rose by 26 per cent from Rs 859 crore to Rs 1,079 crore during the period. Net interest margins moved up from 2.97 per cent to 3.14 per cent. More Vijaya Bank net jumps to Rs 127 cr (Business Standard 23th Jan 2008) Bangalore-based public sector Vijaya Bank today reported a 36.82 per cent rise in net profit to Rs 126.88 crore during the third quarter ended December 31, 2007, on a y-o-y basis. The additional profit of Rs 34.1 crore was partially enabled by a writeback of Rs 22.5 crore on account of provisions and contingencies. Treasury operations yielded...