Allahabad Bank has announced its fourth quarterly Results. Its net profit rose by 55.29% to Rs 264 crore from Rs 170 crore, YoY.

The company’s net interest income (NII) increased to Rs 592.4 crore from Rs 442.6 crore and other income was up at Rs 468.3 crore versus Rs 260.1 crore.

Bhushan Steel disclosed its fourth quarterly results on Friday. The company announced that its net profit for the fourth quarter ended March 31, 2009, dipped by 21.14% to Rs 116.40 crore over the same period last year. The company had a net profit of Rs 147.61 crore in the same quarter ended March 2008.

Net sales of the company declined to Rs 1,119.95 crore for the fourth quarter, compared to Rs 1,216.41 crore in the same period last year.

FY09 Results

For the year ended March 31, 2009, the company has posted a FY09 net profit of Rs 412.79 crore as against Rs 423.73 crore last year, down 2.58%.

Real Estate major DLF has announced its Q4 results for FY09. The company’s consolidated net sales declined 74% at Rs 1,122.3 crore as compared to Rs 4,306.5 crore same quarter last year (YoY) while its consolidated net profit declined 93% to Rs 159 crore as against Rs 2,176.8 crore YoY.

FY09 Results

Its consolidated revenues declined 28% Rs 10541 crore for FY09 versus Rs 14684 crore in FY08.

Its consolidated net profit declined 41% at Rs 4629 crore for FY09 versus Rs 7812 crore in FY08.

Bharti Airtel, India’s top mobile operator declared its fourth quarterly results. The company reported a net profit of 21% as compared to a year ago.

Bharti Airtel reported that net profits for the quarter rose to 22.39 billion rupees ($446 million) under U.S. accounting standards from 18.52 billion a year ago.

SingTel, Southeast Asia’s top phone firm owns 31 percent in the company.

Bharti Airtel added 8.3 million mobile users last quarter to boost its total customer base to nearly 94 million. The company has a market share of about 24 percent.

Bank of Baroda (BOB) has disclosed its fourth quarterly results. The company’s Q4 standalone net interest income (NII) was up at Rs 1,470.79 crore versus Rs 1,028.50 crore, YoY.

Its standalone net profit was at Rs 752.69 crore versus Rs 276.44 crore, YoY.

Oriental Bank of Commerce (OBC) has announced its fourth quarter results. The company’s Q4 standalone NII was at Rs 460.30 crore versus Rs 437.02 crore, YoY. Its standalone net profit was at Rs 195.82 crore versus net loss of Rs 99.44 crore, YoY.

The company’s Q4 net profit before extraordinary was at Rs 196 crore versus 204.5 crore.

Indian Bank Q4 net profit was at Rs 394.1crore versus Rs 241.7 crore. Its net sales were at Rs 667.5 crore versus Rs 513.2 crore.

Bosch India has declared its first quarter numbers of FY09. Its Q1 net profit declined by 69.45% at Rs 49.4 crore versus Rs 161.7 crore (YoY).

The company’s net sales fell by 17.68% to Rs 992 crore from Rs 1,205 crore.

Aban Offshore has announced its fourth quarter results. The company’s Q4 consolidated net loss of Rs 93 crore versus profit of Rs 38 crore. Its consolidated net sales were up at Rs 774 crore versus Rs 661.8 crore.

Exide Industries has announced its fourth quarter numbers. Its Q4 net profit went up by 8% at Rs 68.2 crore versus Rs 63 crore.

Today: As we said earlier that till Indian Stock market holds 11200, market will move up n we may see a level of 11500 in the days to come but we may see profit booking in the market before moving up so we are a bit cautious in this market.

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

BSE Sensex: (11239) The support for the Sensex is 11200 and the resistance to the up move is at 11500

NSE Nifty: (3481) The support for the Nifty is at 3450 and the resistance to the up move is at 3550.

Result to be declared today:

Aban, Areva, BOB, Indian bank, Castrol, JP Associates, Oriental Bank, Tech Mah., United Spirit, Renuka Sugar, BOSCH

Profits/Loss for the last trading session (For Paid Subscribers)

On Friday, Short term delivery on Hindalco was executed successfully in the morning. The script was bought for short term delivery at 55 on Wednesday and sold at 58-58.50 on Friday.  This gave a profit of 5% on the investments.

Hindustan Construction Company reported that its profits were nearly twice as of same quarter last year. HCC reported a jump in net profit at Rs 51.36 crore for the fourth quarter ended March 2009.

The construction firm had a net profit of Rs 26.41 crore in the March quarter of FY’08, HCC said in a filing to the Bombay Stock Exchange.

“Despite a difficult economic year, HCC has registered overall healthy growth across business segments … Looking ahead, we are confident of keeping a healthy pace of growth on the basis of a strong order book …,” HCC Chairman and Managing Director Ajit Gulabchand said.

Total income dipped 2.04 per cent at Rs 1,049.86 crore in the March quarter, from Rs 1,071.74 crore in the corresponding quarter last fiscal.

The board has declared an 80 per cent dividend at the rate of 80 paise a share, on face value of Re one.

FY09 Results

For the financial year ended March 2009, HCC reported a net profit of Rs 125.35 crore, up 15.24 per cent over the year-ago period. It had a net profit of Rs 108.77 crore in FY’08.

Total income from operations rose to Rs 3,518.32 crore in FY’09, from Rs 3,104.34 crore in the year-ago period.

During the fiscal, the company got orders of Rs 16,000 crore, the filing said.

IDBI Bank has decalred its fourth quarter results on Friday, April 24, 2009. The company’s Q4 net profit was up at Rs 314 crore versus Rs 245 crore.

Its consolidated net profit was up at Rs 766.54 crore versus Rs 746.59 crore, YoY

Piramal Healthcare has announced its fourth quarter results. The company’s consolidated net profit was down at Rs 115 crore versus Rs 132 crore.

Its consolidated net sales were up at Rs 851 crore versus Rs 676 crore.

Reliance Industries Ltd has declared its fourth quarterly results on Thursday, April 23, 2009. RIL reported a 9.3 per cent fall in its fourth quarter net profit at Rs3,546 crore (down 1 per cent at Rs3,874 crore excluding exceptional items) and a 21.47 per cent drop in fiscal 2008-09 (March-April) profit at  Rs15,279 crore.

Fourth quarter turnover dropped 24 per cent to Rs28,362 crore while turnover for the full year rose 9.6 per cent to Rs1,46,291 crore, the company said while announcing its unaudited financial results for January-March 2009.

The $54 billion Reliance Industries Ltd, India’s biggest energy group, which has been hurt by the squeeze on margins by the oil price spike and the global economic downturn, still fared better than market expectations.

Mukesh Ambani-led Reliance Petroleum Limited (RPL) declared its Fourth quarterly results on Thursday. The company reported a net profit of Rs 84 crore and a net turnover of Rs 3,678 crore for the quarter ended March 31, 2009.

The company started commercial production from March 15. Hence, figures for the Last year were not available.

The total expenditure during the quarter amounted to Rs 3,564 crore, RPL said in a filing to the Bombay Stock Exchange, adding that “the total capital employed by the company is Rs 33,982 crore.”

Shares of the company reacted positively to the news and were trading at Rs 109.60, up 2.72 per cent in the late afternoon trade on the BSE.

HCL Technologies has announced its third quarterly results. Its Q3 net profit stood at Rs 153 crore and revenues came in at Rs 1,049 crore (Indian GAAP).
 
The company’s net profit came in at $43 million and revenues stood at $564.4 million (US GAAP).

Shares of Sesa Goa have rallied by over 7% to Rs 118.95 ahead of results to be announced later in the day.

The scrip has touched an intra-day high of Rs 118.95 and a low of Rs105.5 and has recorded volumes of over 3.8mn shares on NSE.