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Federal Bank, one of the oldest private sector banks in India, reported a phenomenal rise in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the bank rose 98.11% to Rs 2,038.90 million from Rs 1,029.20 million in the same quarter previous year. Interest earned for the quarter rose [...]
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Jet Airways (India) loss for the quarter ended December 2008 has widened. During the quarter, the loss of the company rose to Rs 2,141.80 million compared with a loss of Rs 911.20 million in the same quarter previous year. Net sales for the quarter rose 24.60% to Rs 30,228.30 million, while total income for the [...]
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MMTC, a state-owned international trading company, disclosed a steep drop in its standalone net profit for the third quarter ended December 2008. During the quarter, the profit of the company declined 36.41% to Rs 249.10 million from Rs 391.70 million in the same quarter, last year. Net sales for the quarter surged 99.87% to Rs [...]
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