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Titan Industries reported three-fold rise in net profit for Q3FY10. The company posted 225% jump in net profit to Rs 78 crore in Q3FY10 against Rs 24 crore in same quarter previous year. The company has posted Rs 202 crore net profit between April-December 2009, and has surpassed its entire FY09 net profit of Rs 170 crore, in the first nine months of FY10. The company has reported 30% rise in net sales to Rs 1,334 crore in Q3FY10 against Rs 1,024 crore in previous year quarter. The net sales of the company increased by 14% to Rs 3,363 crore (Rs 2,923 crore) in first nine months ended December, 2009.

BGR Energy Systems, has reported a 51 per cent increase in net profit for the third quarter ended December 31, 2009 at Rs 41.90 crore as against Rs 27.20 crore, during the same period last year. Company's turn over rose by 34 per cent to Rs 635.14 crore from Rs 472.42 crore. Company's order book size as on December 31, 2009 is around Rs 11,609 crore. B G Raghupathy, chairman and managing director. BGR Energy Systems said that most of these contracts, which will be executed over the next 36 months, are from state-owned power generation companies who have achieved financial closure and the company also arranged working capital requirements to carry on works.

GVK Power & Infrastructure announced its third quarter results of FY10. The company’s consolidated net profit stood at Rs 45.8 crore as against Rs 44.2 crore (QoQ). However, the consolidated net sales declined to Rs 473.5 crore from Rs 492.3 crore (QoQ).

Maruti Suzuki India on Monday reported its highest monthly sales of 95,649 units for January, a jump of 33.3 per cent over the same month last year. The carmaker had sold 71,779 units in January 2009.

Larsen & Toubro today said it has received two orders worth Rs 2,155 crore from National Fertilisers Ltd (NFL) for converting the feedstock of ammonia plant to natural gas. The project involve changeover of the feedstock of the existing 900 tonnes per day (TPD) ammonia plant from fuel oil to natural gas, the company said. The scope of work includes process licence, engineering and construction of the plants. Both projects would be executed concurrently and are expected to be ready for commissioning by January-end 2013.

Ashok Leyland on Sunday reported 455 per cent jump in net profit for the quarter ended December at Rs 104.63 crore on the back of robust sales growth. The automobile manufacturer had registered a net profit of Rs 18.86 crore in the same quarter a year ago. Sales revenue was up 81 per cent at Rs 1,815.53 crore against Rs 1,004.49 crore in the corresponding period the previous fiscal. During the quarter under review, sales volume increased by 101 per cent at 16,129 units against 8,011 in the year ago period, the company said in a statement.

Suzlon Energy has posted a net profit of Rs 14.1 crore for the third quarter, ended December 31, 2009, against a net loss of Rs 64.87 crore in the third quarter last year. However net sales of the company stood at Rs 5,590 crore for the quarter on a consolidated basis, 19.24 per cent lower than the Rs 6,922 crore for the third quarter of last year. Suzlon said its net debt had declined by Rs 3,274 crore during the quarter. It had debts worth Rs 13,762 crore in September 2009 and this fell to Rs 10,488 crore in December 2009. The company said its order book (excluding subsidiaries Hansen and REpower) stood at 1,483.60 Mw, valued Rs 8,128 crore as on January 30. The company sold 327 Mw in India in the first nine months of 2009-10, and has a current order book position of 314.30 Mw for India. Its German subsidiary REpower has an order book of ¤1.7 billion as on December 31, 2009. Suzlon said it was in advanced stages of completing a broad-based refinancing and consolidation of its debt ...