Finance in the second quarter of the country’s largest bank, State Bank of India ( SBI ) in profits fell 33 per cent to Rs 3072.77 crore in the corresponding period of last fiscal year was in the back of the net profit of Rs 4575.31 .
Bank profits fall so heavily involved in the provision of credit has to go . The bank’s earnings and the increase in the annual 53118.63 crore compared to Rs 49917.47 crore reached
Mahindra’s net profit rose 9.72 per cent
M & M in the second quarter of fiscal year profit growth of 9.72 per cent annually. The company July-September quarter earned a profit of Rs 989.5 crore.
Tata Steel profit of 917 million
Tata Steel consolidated net profit of 916.77 crore in the previous quarter. In the same quarter last fiscal, the company had a net loss of Rs 363.93 crore. The total income of Rs 36644.89 crore in the quarter under review occurred in the same period last year was Rs 34132.73 crore.
ONGC ‘s profits grew by three per cent
The country’s biggest oil and gas producer, ONGC‘s fiscal second- quarter net profit rose three per cent to Rs 6063.86 crore . 5896.57 crore in the corresponding quarter last fiscal profit of the company was . Review, the July-September quarter, the company ‘s turnover was Rs 22414.67 crore .
19885.09 crore in the same period last year . During the quarter the company diesel , cooking gas ( LPG) and kerosene subsidy of Rs 13 796 .