Larsen & Toubro reported 22.8% YoY and 18.0% YoY growth in sales and net profits respectively in the third quarter results of FY2011-2012 Results Summary Standalone net sales grow by 22.8% YoY during 3QFY12. Operating margins fall to 9.6% YoY in 3QFY12. However, operating profits increase 9.5%...

For Q3, FY 2011-12, BHIL reported a 78% YoY fall in income from operations while net profits have fell by 85% YoY during the quarter. Results Summary Income from operations fall by 42% YoY in 9mFY12 on the back of an over 90% YoY fall in profit booked on the sale of investments. Net profit decreased...

Sterlite Industries has reported a growth of 35% in its consolidated net profit to Rs 19.25 billion for quarter ended March, 2011 as against 14.25 billion in the corresponding quarter a year ago. Consolidated total income has increased by 39.13% at Rs 100.56 billion for quarter ended March, 2011 as against...

Power Finance Corporation (PFC) declared its financial year 2011 results. The institution reported a 27% YoY and 11% YoY growth in interest income and net profits respectively. Here is our analysis of the results. Performance summary Net interest income rises by 24% YoY during FY11 on the back of 25%...

Tata Consultancy Services (TCS), India’s largest IT Services company, has announced the fourth quarter results of financial year 2010-2011. The company has reported a 5.1% QoQ growth in sales and 10.7% QoQ growth in net profits, and proposed  an interim dividend of Rs 8 per share for this quarter.

Hindalco’s subsidiary, Novelis, reported excellent results for 1Q FY11, beating Street expectations. Novelis now appears set to reap the benefits of cost cuts, increasing demand and growth. Hindalco remains well on track to achieve our 18% above-consensus earnings estimates for FY11; reaffirm our Outperform...

Coal India - FY 2010 Results and Q4 results Coal Indian announced bumper results with its net prifits raising more than 400% YoY. Coal India has announced its FY10 results. It has reported net profit of Rs 8,312 crore as against Rs 2,078 crore, on year-on-year basis (YoY). Profit before tax rose to...

The earnings season for Q2 FY2009-2010 has almost come to an end and its time to review the final numbers. Sensex PAT is up about 5.7%, and on QoQ basis, it is up 1% which is not bad either. So on that EPS currently stands for Sensex at about Rs 770 per share and a Price to Earnings ration of about 20.7...

Company Results Update Q2 2009-2010: PTC India (a  Public Sector Power trading company) announced average results in this quarter mainly due to higher tax payout. Company sold more than 80 crore  units of Power  this quarter. Despite average results, this power trading company is still a good conservative...

Canara Bank, one of the major South Indian banks,   announced good results this quarter beating the analyst expectations.  Canara Bank reported an increase of 15% in interest income and 70% growth in Net Profit. Net Interest income: 1314 crore Vs 1149 crore (15% up) Net Profit: 910 crore Vs 529 crore...