JSW Energy reported a 179% increase in net profit to 560 cr in the June quarter, owing primarily to greater revenues.
Private sector lender RBL Bank posted a consolidated net profit of 208.66 crores in the June quarter, compared to a loss of 462.25 crores the previous year.
Despite an increase in sales over the same period, ICICI Securities stated on Thursday that its net income for the June quarter fell by 12% to Rs.273 crore.
On Thursday, leading FMCG giant Emami announced plans to invest an unknown sum in a fledgling pet-care company called Cannis Lupus Services India for a 30% interest.
On Thursday, IDBI Bank announced that its standalone profit after tax (PAT) increased by 25% to Rs. 756 crores for the quarter that ended in June.
On Thursday, NLC India Ltd. said that its board had accepted investment requests totalling 14,944.91 crores for the construction of mining and power projects in Tamil Nadu.