India's major public sector lender State Bank of India (SBI) has reported a 37% surge in its standalone net profit for the three month period ended December 31, 2008.
The bank has posted a net profit of Rs 2,478.42 crore as compared to Rs 1,808.64 crore for the same quarter year-ago (Dec 2007).
In a filing to the Bombay Stock Exchange, SBI informed that its total income for the quarter ended December 31, 2008 zoomed to Rs 21,255.90 crore as compared to Rs
15,364 crore during the corresponding quarter of the last year.
San Francisco - Troubled internet pioneer Yahoo swung to a quarterly loss Tuesday because of severance pay and write downs on its European properties.
India-based Kale Consultants has announced that its revenues for the three month period ended December 31, 2008 rose by 26% to Rs 251.27 million against Rs 199.87 million for the corresponding quarter of the previous year (Dec 2007).
Munich- German engineering giant Siemens got off to a good start in the new business year, reporting an increase in earnings Tuesday while expressing cautious optimism for the future.
Financial Technologies, India has announced its financial results for third quarter on Sunday. The firm reported 53 per cent increase in net profit for the third quarter of current financial year. Its PAT stood at Rs 43.2 crore in the reporting quarter as compared to Rs 28.3 crore in the same period last year.
Leading manufacturer of personal and household products, Godrej Consumer Products had reported a dip in its net profit growth 7.3 per cent to Rs 40 crore for the third quarter ended December 2008, from Rs 43 crore for the corresponding quarter in the previous year.
