Voltas Q1 Net Profit Rises By 14 81 (28-Jul-2010)
Voltas, one of India’s leading air-conditioning and engineering services providers, has reported results for the quarter ended June 30, 2010.
The company has reported a net profit of Rs 84.60 crore for the quarter ended June 30, 2010 against Rs 73.69 crore for the quarter ended June 30, 2009, up 14.81%. Its total income for the quarter under review stood at Rs 1,396.02 crore, rose 17.01% over Rs 1,193.09 crore for the corresponding quarter of the previous fiscal.
On consolidated basis, the group has posted a net profit of Rs 93.24 crore for the June 2010 quarter as compared to Rs 78.94 crore for the June 2009 quarter, up 18.12%. The total income for the quarter increased by 13.06% to Rs 1,428.35 crore from Rs 1,263.33 crore for the same quarter of FY09.
In the month of June, Tata Sons, the holding company of the salt-to-software conglomerate Tata Group, had raised its stake in Voltas by 2% to 25.79% for a total consideration of Rs 117 crore.
Top News Today
 Godrej Properties, Mumbai based real estate developer launched its new residential project Godrej Alpine in Mangalore. It aims to complete 499-apartment Godrej Alpine for occupation in 36 months. Godrej
 Mahindra & Mahindra, auto major has stopped the second phase of booking for its latest sports utility vehicle XUV500. It has received over 25,000 orders in a period of 10 days from January 25 to February
 Reliance Power, the Anil Ambani group company's 2,400-MW Samalkot plant in Andhra Pradesh is likely to be ready for electricity generation this fiscal. It will install six gas turbines at the plant having
|
International Stock News
 The US markets rose on Monday, sending the Dow industrials to their highest close since 2008, as Greece's government made progress on measures to secure international aid. Also, a Labor Department report
 The US markets made a mix closing on Thursday, as a drop in jobless claims fueled optimism about the economy and investors looked to the next day's employment report as the next indicator of the economic
 The US markets made a mixed closing on Tuesday, with the indices mostly slipping after US economic data failed to live up to expectation. The reports showed that American consumer confidence trailed estimates
|
|
Recent Company-Reports News
|
|