Leading pharmaceutical company Dr. Reddy's Laboratories announced its financial results for the third quarter ended December 31, 08. The company posted net profit of
192.40-crore in the reporting period as compared to loss of Rs 121.30 crore in the same period last year.
Its revenue stood at Rs 1,840 crore in Q3 as compared to Rs 1,231 crore in the third quarter of financial year 2007-08.
Hero Honda Motors Ltd has announced financial results for third quarter of this financial year. The auto maker reported 7.1 per cent increase for Q3 despite 4 per cent drop in sales.
It should be recalled that government had announced 4 per cent excise duty cut in the economic booster package which helped to propel demand in automobile sector. Banks had also cut auto interest rates in line with key rate revision by Reserve Bank.
Country's third largest software exporter, Wipro has announced its results for third the quarter. The company posted net profit of Rs 10.04 billion for Q3 ended December 31,
08. the company posted net profit of Rs 8.54 billion for the same period last year.
Its total income stands at Rs 67.73 billion as compared to Rs 54.33 billion a year ago. The company posted 26 per cent increase in its operating profit.
Piramal Glass Ltd announced financial results for the third quarter ended December 2008 reporting net loss of Rs 37.14 crore. The company posted losses worth Rs 1.28 crore in the same period in 2007-08.
Rising raw material cost and foreign exchange losses adversely hit its business for the reporting quarter leading to significant decline in revenue and net profit.
The cost of raw material remained at Rs 63.60 crore as compared to Rs 36.98 crore in Q3 of 2007-08 which increased its expenditures. The company suffered foreign exchange losses of Rs 27.81 crore in the reporting quarter.
The state-owned LIC Housing Finance has posted a 26.70 per cent increase in net profit for the third quarter ended December 31, 2008.
Its profit stood at Rs 134.33 crore in the reporting quarter as compared to Rs 106.02 crore posted in the corresponding quarter last year (December 2007).
The housing finance company has posted a growth of 39.41 per cent in its total income for the three month period, which stood at Rs 765.09 crore from Rs 548.80 crore the previous year.
A 67% increase in net profit for the third quarter ended December 2008 at Rs 6.93 crore as against Rs 4.15 crore posted in the corresponding quarter last year was today posted by United Breweries Holdings.
It should be noted however, that total income of the company in the quarter saw a decline by 11% to Rs 91.75 crore when compared to Rs 102.91 crore in the same quarter last year.
There has been a decrease by 8% at Rs 51 crore in the company's total expenditure in the quarter as compared to Rs 55.25 crore in the corresponding quarter last year.
Leading pharmaceutical company Dr. Reddy's Laboratories announced its financial results for the third quarter ended December 31, 08. The company posted net profit of 
Hero Honda Motors Ltd has announced financial results for third quarter of this financial year. The auto maker reported 7.1 per cent increase for Q3 despite 4 per cent drop in sales. 
Country's third largest software exporter, Wipro has announced its results for third the quarter. The company posted net profit of Rs 10.04 billion for Q3 ended December 31, 
Piramal Glass Ltd announced financial results for the third quarter ended December 2008 reporting net loss of Rs 37.14 crore. The company posted losses worth Rs 1.28 crore in the same period in 2007-08. 
The state-owned LIC Housing Finance has posted a 26.70 per cent increase in net profit for the third quarter ended December 31, 2008.
A 67% increase in net profit for the third quarter ended December 2008 at Rs 6.93 crore as against Rs 4.15 crore posted in the corresponding quarter last year was today posted by United Breweries Holdings. 
