Hindustan Petroleum Corporation Ltd. (HPCL) has reported a sharp drop in net profit at Rs.319 crore for the second quarter ended September 30, 2013, against Rs.2,327 crore during the same period last year.
Total income has increased from Rs.49,130 crore to Rs.51.860 crore. Net sales were Rs.52,525 crore as compared to Rs.48,464 crore.
Apollo Hospitals Enterprise has posted a 4.51 per cent rise in net profit at Rs.87 crore for the second quarter ended September 30, 2013, against Rs.83.24 crore in the year-ago period. Net sales rose to Rs.975.07 crore from Rs.836.32 crore, Apollo Hospitals said in a filing to the BSE.
Empee Distilleries reported revenues of Rs.583.46 crore and a net profit of Rs.11.09 crore for the year ended September 30, 2013. On a consolidated basis revenues were Rs.1,083.30 crore and a net loss Rs.9.15 crore. The profit after tax has been impacted by higher interest charges and depreciation attributable mainly to the grain-based distillery plant at Choutkur, Andhra Pradesh.
The directors have recommended a dividend of Re. 1 per share.
Tamil Nadu Newsprint
Tamil Nadu Newsprint and Papers reported a total revenue of Rs.529.57 crore in the second quarter ended September 30, 2013, against Rs.449.78 crore in the previous year. The profit after tax more than doubled to Rs.43.99 crore from Rs.21.28 crore in the year-ago period.
Reliance Communications (RCom) has reported a 129 per cent growth in net profit at Rs.234 crore on a consolidated basis for the quarter ended September 30, 2013, against Rs.102 crore in the same period in the previous year.
Operating revenue at Rs.5,394 crore (excluding provision write-back of Rs.441 crore), was up 3.7 per cent against Rs.5,202 crore.
“RCOM generated operational cash flow (EBITDA) of Rs.2,328 crore in the second quarter, paid net finance charges of Rs.676 crore and invested Rs.364 crore on capex during the quarter,” the company said in a statement.