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On Tuesday, Zee Entertainment Enterprises (ZEE) said that its net profit has jumped by 64.36 per cent. In real terms the profit of media major was at Rs 150.1 crore for the quarter ending June 30.

The company said that this is the result of higher volume from the advertising front.

This is higher than last year when the net was at Rs 91.32 crore, Zee said in a filing with the BSE.

On the revenue front, the increase was that if 42.24 per cent to end at 676.99 crore for the same quarter. Last year for the same quarter it stood at Rs 475.93 crore.

Part of Vijay Mallay's UB group, United Spirits said that it has seen a decline in its profit for the quarter ending June 30.

UB is the second largest spirit make in the world and has strong brands in the market. It is also the sponsor of the IPL team Royal Challenger's Bangalore.

Meanwhile, figure show that the profits have gone down by 31.83 per cent for the June quarter and stood at Rs 121.05 crore. Last year, the figures stood at Rs 177.59 crore.

Leading media firm Balaji Telefilms has declared its Q1 financial results for the fiscal year 2010-11. The company has posted a net profit of Rs 2.93 crore for this quarter. 

The net profit of the firm was reported to be Rs 8.97 crore for the same quarter last year. Hence there has been a decline of 67% in the net profit figure this time against last year's record.

So far as the net sales of the firm are concerned, it has declined to Rs 30.70 crore during the April-June period of fiscal year 2010. It has Rs 39.72 crore for the same quarter last year.

Rallis India has declared its first quarter financial results for the fiscal year 2010.As per the report it has managed to register an impressive net profit rise of 58%.

The company has posted a net profit of Rs 14.8 crore for the quarter that ended in 30th June, 2010.

The company has reported a net profit of Rs 9.4 crore in the same quarter last fiscal. This net profit figure has grown up by a significant 58% in this quarter as compared to the same quarter in the last fiscal.

Under a major development in the strategies of the French auto major, Renault, Law & Kenneth has recently bagged its account for creative duties in the Indian market.

Following a two-tier pitch, which had Saatchi & Saatchi, Publicis Ambience and Law & Kenneth as finalists, the auto major has recently zeroed in on Law & Kenneth as its partner for the creative duties in the domestic circuit.

After proving its mettle in the Indian market with products like Linea and Grande Punto which have been able to make a lot of noise in the sedan and hatchback segments respectively, FIAT India has now decided to export its models to the SAARC Countries as well to garner high numbers for the company.

Company's Marketing Head Tarun Khanna recently said that the company is weighing options of exporting its cars, namely, Palio, Linea and Punto in SAARC countries including Nepal, Bhutan, Sri Lanka and Bangladesh.