Punjab National Bank, PNB net up 18.6% on interest income, Latest Stock Price

Punjab National Bank, PNB net up 18.6% on interest income, Latest Stock Price



Punjab National Bank (PNB) on Wednesday reported a 18.6 per cent rise in net profit to Rs 1,424 crore for the quarter ended March 31, against Rs 1,201 crore in the fourth quarter of the previous year. The increase came on account of a rise in interest income and lower provisioning during the quarter.

Total income increased by 27.6 per cent to Rs 10,956 crore in the January-March quarter from Rs 8,585 crore in the year-ago period. The country's second largest state-run lender saw its Q4 operating profit grow 17.1 per cent to touch Rs 2,936 crore, compared with Rs 2,508 crore in the corresponding period of 2010-11.

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Arvind Q4 for 2011-12 profit up 6%, Latest Stock Price

Arvind Q4 for 2011-12 profit up 6%, Latest Stock Price



Textile maker Arvind Ltd on Wednesday said its fourth-quarter net profit rose 5.8 per cent to Rs 66.7 crore, from Rs 63 crore in the corresponding period of 2010-11. Net sales advanced to Rs 1,272.5 crore from Rs 1,191.78 crore, the company said in a filing to the Bombay Stock Exchange (BSE). For the year ended March 31, 2012, the company posted a net profit of Rs 435.87 crore, against Rs 164.87 crore in 2010-11. The company board recommended a dividend of 10 per cent (Rs 1 per share of Rs 10 each) for 2011-12. On a stand-alone basis, the company posted a net profit of Rs 62.5 crore for the quarter, against Rs 56 crore a year earlier.

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Indian Overseas Bank, IOB net profit rises 22% to Rs 529 crore for 2011-12, Latest Stock Price

Indian Overseas Bank, IOB net profit rises 22% to Rs 529 crore for 2011-12, Latest Stock Price


Indian Overseas Bank (IOB) has posted an increase of 21.76 per cent in net profit at Rs 528.81 crore for the quarter ended March 31, against Rs 434.29 crore registered during the year-ago period. Total income stood at Rs 5,416.09 crore for the quarter ended March,compared with Rs 3,916.58 crore posted for the corresponding period of last year, an increase of 38.29 per cent.

The total business for 2011-12 grew to Rs 3,21,707 crore from Rs 2,59,020 crore during the previous year. The net non-performing assets (NPA) stood at Rs 1,907.44 crore,as against Rs 1,328.42 crore as on March 31, 2011, with net NPA ratio of 1.35 per cent and 1.19 per cent, respectively.

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Cipla Q4 up 36% for 2011-12 at Rs 292 Crore, Latest Stock Price

Cipla Q4 up 36% for 2011-12 at Rs 292 Crore, Latest Stock Price



Cipla  Ltd on Thursday reported a net profit of Rs 292 crore for the quarter ended March 31, compared to Rs 214 crore, a rise of 36 per cent. Gross revenue grew by 12 per cent to Rs 1,890 from Rs 1,687 crore.

Domestic revenue grew by 15 per cent to Rs 855 crore from Rs 652 crore, on account of growth in anti-asthma, anti-biotics therapy segments.

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Indian Overseas Bank, IOB net profit rises 22% to Rs 529 cr in 2011-12 from Rs 434 cr in 2010-11, Latest Stock Price

Indian Overseas Bank, IOB net profit rises 22% to Rs 529 cr in 2011-12 from Rs 434 cr in 2010-11, Latest Stock Price



Indian Overseas Bank (IOB) has posted an increase of 21.76 per cent in net profit at Rs 528.81 crore for the quarter ended March 31, against Rs 434.29 crore registered during the year-ago period. Total income stood at Rs 5,416.09 crore for the quarter ended March,compared with Rs 3,916.58 crore posted for the corresponding period of last year, an increase of 38.29 per cent.

The total business for 2011-12 grew to Rs 3,21,707 crore from Rs 2,59,020 crore during the previous year. The net non-performing assets (NPA) stood at Rs 1,907.44 crore,as against Rs 1,328.42 crore as on March 31, 2011, with net NPA ratio of 1.35 per cent and 1.19 per cent, respectively.

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Bank of Maharashtra (BoM net profit up 4.93% for 2011-12, from Rs 69.41 Crore to Rs 72.83, Latest Stock Price

Bank of Maharashtra (BoM net profit up 4.93% for 2011-12, from Rs 69.41 Crore to Rs 72.83, Latest Stock Price



State owned lender Bank of Maharashtra (BoM) has reported a net profit of Rs 72.83 crore for the year ended March, compared with Rs 69.41 crore in 2010-11, a rise of 4.93 per cent.
Total income for the quarter grew 21.65 per

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