HT Media net profit down 79 percent

August 28th, 2009 Lukoil's Q2 net profit down 44 percentMOSCOW — Lukoil, Russia's largest private oil company, on Friday posted a 44 percent drop in net profit for the second quarter due to lower oil prices, but still beat analyst expectations. Net income fell to $2.3 billion from $4.1 billion a year earlier, the company said in a statement.

August 6th, 2009 Unilever Q2 profit down 17 percentAMSTERDAM — Unilever NV PLC, the maker of Dove soap, Lipton tea and Ben & Jerry's ice cream, says profit fell 17 percent in the second quarter as its margins were eroded by the economic downturn. Net profit was euro758 million, or $1.09 billion, in the quarter, down from euro909 million in the same period a year earlier, while sales rose 1.0 percent to euro10.5 billion.

July 31st, 2009 Anglo American H1 profit down 31 percentLONDON — Mining company Anglo American PLC said Friday that net profit in the first half of the year fell by 31 percent as both the prices and volumes of its sales slumped amid the global recession. The company said net profit for the period was $2.97 billion, compared to $4.28 billion a year earlier.

July 30th, 2009 British American Tobacco 1H profit up 16 pctLONDON — British American Tobacco PLC reported Thursday that its first half profit rose 16 percent compared to a year earlier to 1.45 billion pounds ($2.38 billion) as top brands such as Lucky Strike showed better sales. Revenue was up 24 percent to 6.78 billion pounds, a 14 percent gain on a constant currency basis.

July 30th, 2009 Nintendo profit down 60.6 percent in April-JuneTOKYO — Nintendo Co. reports that its net profit tumbled 60.6 percent in the April-June quarter from last year, hurt by a stronger yen and fewer blockbuster games.

July 30th, 2009 Centrica PLC 1H net profit down 89 pctLONDON — British energy company Centrica PLC said Thursday that net profit fell by 89 percent in the first half compared to a year earlier, when profit was boosted by a large one-time gain. For the six months to June 30, Centrica reported a net profit of 202 million pounds ($332 million) compared to 1.8 billion pounds a year earlier.

July 29th, 2009 TOKYO - Honda Motor Co saw its net profit plunge 95.6 percent to 7.56 billion yen ($80 million) in the April-to-June quarter because of a global decline in auto sales, the Japanese carmaker said Wednesday. Although cost-cutting measures showed some positive effects in earnings results in Honda's first quarter, Japan's second-largest carmaker said production cuts and a stronger yen reduced operating profit in those three months.

July 29th, 2009 Time Warner's 2Q profit tumbles 34 percentNEW YORK — Media conglomerate Time Warner Inc. says its second-quarter profit fell 34 percent as revenue dropped in the company's publishing, movie and online properties.

July 29th, 2009 MUMBAI - Vedanta group firm Sterlite Industries Wednesday reported a 42 percent fall in its net profit for the quarter ended June 30 to Rs.672.6 crore as against Rs.1,151 crore in the like period last year. The total income fell 19 percent to Rs.4,957.1 crore from Rs.6,172.5 crore, the company said in a statement.

July 18th, 2009 KOLKATA - State-run Allahabad Bank posted a net profit of Rs.302.86 crore (Rs.3.02 billion) for the first quarter of 2009 as compared to Rs.93.36 crore for the same period last year, a top company official said here Saturday. The net profit was up by 224 percent due to higher investment trading profit of Rs.214 crore, up from Rs.32.2 crore a year ago.

May 29th, 2009 NEW DELHI - State-run oil marketing company Indian Oil Corp (IOC) Friday recorded a 57 percent fall in its net profit for 2008-09 from the year before. The company said in a statement that its annual profit stood at Rs.2,949 crore as against Rs.6,962 crore recorded in 2007-08.

May 9th, 2009 News Corp. 3Q net profit up 1 percentLOS ANGELES — Media conglomerate News Corp. says its third-quarter profit grew 1 percent to $2.72 billion.

April 28th, 2009 BANGALORE - Biotechnology major Biocon Tuesday announced a decrease of over 61 percent in its net profit for the quarter ending March 31. In a regulatory statement, Biocon said its unaudited net profit for the last quarter was Rs.241.4 million, compared to Rs.620.3 million - a decrease of over 61 percent.

April 23rd, 2009 EMC 1Q profit drops 23 percent, sales missSAN FRANCISCO — EMC Corp. says first-quarter profit dropped 23 percent on restructuring charges and weakness in data-storage spending, an area that has been fairly resilient to the recession.

January 26th, 2009 NEW DELHI - Education solutions provider Educomp Solutions, which last week was the subject of media scrutiny for alleged fudging of accounts, Tuesday reported a 65.8 percent increase in its net profit for the quarter ending Dec 31. The company's net profit increased to Rs.315.5 million (Rs.31.55 crore) in the third quarter, as compared to Rs.190.16 million (Rs.19.01 crore) in the corresponding period a year ago, a company statement said.