Two-fold jump in Q1 profit of Godrej Properties at Rs 39 cr
Realty firm Godrej Properties on Saturday reported more than two-fold jump in its consolidated net profit at Rs39.47 crore in the first quarter of this fiscal on account of sharp rise in other income.
The company had posted a net profit of Rs17.15 crore in the year-ago period, Godrej Properties.Total income from operations fell to Rs201.57 crore during April-June quarter of 2013-14 from Rs 226.10 crore in the corresponding period of previous fiscal, the company, a part of the Godrej group, said in a filing to the BSE. Other income jumped to Rs42.71 crore during the quarter from Rs 6.69 crore in the year-ago period. The company earned a profit of Rs 40 crore on account of dilution of 49 per cent stake by its subsidiary in a project.
JK Cement Q1 Net down 55 pc to Rs 31 cr
Higher input costs and subdued sales pulled down JK Cement's April-June standalone net profit to Rs30.88 crore, down 55 per cent over the same period last fiscal.The Kanpur-based company, which has an installed 75 lakh tonnes per annum cement-making capacity, had clocked Rs68.87 crore net profit in the April-June quarter of last fiscal, it said in a BSE filing on Saturday.JK Cement's net income also dipped to Rs 661.14 crore during the quarter from Rs737.46 crore in corresponding period of previous fiscal.Expenditure also fell slightly to Rs599.16 crore as against Rs 610.45 crore in the corresponding quarter.
Pfizer Q1 net down 85 pc to Rs47.63 cr
Pfizer ltd on Saturday reported 85.51 per cent decline in the standalone net profit at Rs47.63 crore for the first quarter ended June 30, 2013 largely on account of income from exceptional item in the same period last year.The company had spun off its animal health business on April 2, 2012 to Pfizer Animal Pharma Pvt ltd (PAPPl) for Rs 382.52 crore.The company reported net profit of Rs 328.88 crore in the corresponding quarter last year.Pfizer's net sales went up by 8.04 per cent to Rs237.53 crore in the quarter under review as againstRs 219.84 crore in the same quarter a year ago, the company said in a BSE filing.
Corporation Bank Q1 profit up marginally by 2% at Rs378 cr
State-owned Corporation Bank on Saturday reported 2 per cent rise in net profit at Rs377.9 crore for the first quarter ended June, 2013.
The bank had earned net profit of Rs370.2 crore in the April-June
quarter of 2012-13, Corporation Bank informed the BSE.
The total income of the bank rose to Rs4,852.6 crore in the April-June quarter from Rs3,978.2 crore in the same period of last year.
Dena Bank Q1 net down 21 pc at Rs189 cr
State-owned Dena Bank on Saturday reported 21 per cent decline in net profit at Rs189.20 crore for the first quarter ended June, 2013.The bank had earned net profit of Rs 238.63 crore in the April-June quarter of 2012-13, Dena Bank informed the BSE.The total income of the bank rose to Rs2,765.68 crore in the April-June quarter from Rs 2,278.85 crore in the same period last year.