Tinplate net profit jumps
Tinplate Company of India has recorded a net profit of Rs 2.53 crore in the three months ended December 31, 2008, an increase of 273 per cent over the same period last year, on the back of fresh capacity and higher sales.
Bongaigaon Refinery posts net loss of Rs 224 cr
Negative refining margins during the October-December quarter saw Bongaigaon Refinery and Petrochemicals (BRPL), a unit of Indian Oil Corporation, post a loss of Rs 224 crore during period. It reported a profit of Rs 84.90 crore in the corresponding previous quarter.
HCC net profit dips 7.4%
Hindustan Construction Company (HCC) has reported a net profit of Rs 23.2 crore during the quarter ended December 31, 2008, down by 7.4 per cent compared to Rs 25.05 crore during the previous com[arable quarter. The marginal drop in the net profit is on account of a foreign exchange loss of Rs 6.8 crore suffered during the quarter with higher interest cost of Rs 57.3 crore.