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India's first home-grown wind technology company Suzlon Energy, has posted a net loss of Rs 52.3 crore for the nine-month period ending December 31, 2008, against a net profit of Rs 565.28 crore in the year-ago period.
However, the company's total income nearly doubled to Rs 17,499.2 crore from Rs 8,924.3 crore during the same period.
The energy major's profit before tax declined to Rs 272.54 crore in the nine-month period ended December 31, 2008, from Rs 689.63 crore in the year-ago period.
Chennai-based Polaris Software has finally declared its fourth quarter results on Monday.
The firm posted a 78.5 per cent growth in its net profit at Rs 130.71 crore during the year ended March 31, 2009 against Rs 73.22 crore in the previous year.
The company's Q4 net profit stood at Rs 32.1 crore versus Rs 37.16 crore, QoQ.
Apart from this, the company's total income rose 18 per cent to Rs 337.25 crore in the fourth quarter, from Rs 286.16 crore in the same period last fiscal.
For the quarter ended March, two-wheeler biggie Hero Honda Motors reported an estimate-surpassing 35 percent rise in its net profit! While its fourth quarter year-on-year net profit increased from 298.70 crore to Rs 402.17 crore; the net sales increased from Rs 2788.65 crore to Rs 3411.84 crore.
In fact, beating the overall two-wheeler industry growth rate of nearly 5 percent, Hero Honda - with about half of the two-wheeler market in India - has reported a yearly 13 percent increase in its sales volumes during the quarter.
London - Britain's leading supermarket chain Tesco Tuesday reported annual pre-tax profits of 3.13 billion pounds (4.54 billion dollars) up to the end of February, 2009, an increase of 10 per cent on the previous year.
The retail giant posted worldwide sales of 59.34 billion pounds in the 12 months to February 28, ringing up sales of 1 billion pounds a week.
However, the growth in profits was far lower than the 11.8 per cent seen the previous year, the company said.
The quarterly profit of the autos, commodities and services businesses-inclusive Tata Group firm, TCS - Tata Consultancy Services - has increased by 4.6 percent. Compared to the Rs 4,508.76 crore after-tax net profit reported during earlier fiscal, the figures for the year ending March 31, 2009 stood at Rs 4,696.21 crore.
The year-on-year total income increased from Rs 18,979.67 crore in the last fiscal year, to Rs 21,947.76 crore this fiscal.
State run Power Finance Corporation has declared the results for the three-month period ended March 31, 2009.
For the period under review, the New Delhi-based firm said that it has posted a growth of 32.22% in its net profit after higher loan disbursals.
The company’s net profit in the fourth quarter stood at Rs 390.58 crore, as compared to net profit of Rs 295.40 crore during the corresponding period of the last year.