Cadila Healthcare Ltd, on Tuesday announced an increase of 11.62% in its net profit at Rs 58 crore for the second quarter ended March 31, 2009, compared to Rs 51.96 crore in the year-ago period.

Further, total income of the company for the quarter also rose 29.25% to Rs 727.73 crore, compared to Rs 563 crore for prior year period.

For the full-year ended March, Cadila Healthcare’s net profit surged 17.65% to Rs 303.08 crore, as compared to Rs 257.59 crore for the year ended March 31, 2008.

Washington - Pfizer Inc, the worlds biggest drugmaker, Tuesday said profits were down 2 per cent and revenues were down 8.3 per cent compared to first quarter 2008 despite blockbuster drugs like the impotence pill Viagra and cholesterol-busting Lipitor. Net income dropped to 2.73 billion dollars, while revenues were down to 10.9 billion dollars, the company said.

Profits were eroded by the rising dollar, which lowered income from abroad, the company said.

United Spirits, the largest spirit and liquor company in India, has registered decline of 14.57 per cent in its net profit to Rs 55.62 crore in the fourth quarter ended March 31, 2009.

The company registered a net profit of Rs 65.11 crore in the same quarter ended March 31, 2008.

However, the total income of the company has surged to Rs 922.90 crore for the quarter under review, as against Rs 765.46 crore in the same quarter last fiscal.

For the year ended March 31, 2009, the company has posted a net profit of Rs 297.23 crore against Rs 311.28 crore last fiscal, down 4.51 per cent.

Biocon Ltd, a fully integrated healthcare company that delivers innovative biopharmaceutical solutions, has registered 61% decline its net profit to Rs 24.14 crore for the fourth quarter ended March 31, 2009, against Rs 62.03 crore reported during the same quarter ended March 31, 2008.

In addition, company's total income for the quarter has also increased to Rs 239.84 crore from Rs 236.71 crore during the same quarter in 2007-08.

For the financial year ended March 2009, the company posted a net profit after tax of Rs 111.81 crore, down 74 per cent against Rs 434.94 crore in FY'08.

Areva T&D India Ltd, the Indian subsidiary of AREVA France SA has posted a net profit af

Indian software services firm Tech Mahindra on Monday announced net profit of Rs 221.39 crore for the fourth quarter ended March 31, 2009 against a net loss of Rs 207.07 crore reported during the corresponding quarter in 2008.

However, company's total income for the quarter ended March 31, 2009 has decreased to Rs 1,019.31 crore from Rs 1,026.29 crore in the year-ago quarter.

For the year ended March 31, 2009, the company reported 188% surge in its net profit of Rs 986.65 crore against Rs 342.11 crore shown in 2008.