After disappointing last two quarters, the company reported sharp jump in profitability on sequential basis.
In the second quarter, NTPC posted a strong earnings growth of 29%, however its net sales grew only by 5%. It posted a net profit of Rs 3142 crore and net sales of Rs 16120 crore.
Margin expansion on the back of cost control & royalty income helped Talwalkars Better Value Fitness improve its net profit by 48% y-o-y.
Adani Power posted a loss of Rs 272 cr in the September 2012 quarter versus a profit of Rs 172.3 cr in the corresponding quarter previous year.
Weak consumer sentiments and delayed festive season as compared to previous year impacted TTK Prestiges' sales for the latest September quarter.
Re gain has boosted sentiment relating to Adani Power. Besides, the correction in Indonesian coal prices has helped the company's stock gain over 23% in the last one month.
At a time when macro economic factors are slowly tilting in favour of real estate companies, investor sentiments relating to DLF have been dampened by the recent controversy.
PowerGrid’s net profit has doubled in the last three years. Three foreign brokerages have estimated that the company’s earnings are likely to grow at 17-20% for the next three years.
Shobha developers have reported highest ever presales in the September quarter. The company was able to achieve this by re-launching of its old projects at lower selling price.
In the Septermber 2012 quarter, the overall power generated is estimated at around 223 billion units, 3% higher as compared to the generation in the corresponding quarter last year.
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