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2012 Q3 Earning Report: Bajaj, HDFC, SKS Microfinance, Dish TV

Bajaj Auto reported a 19% increase in its net profit for the third quarter of the current fiscal, during October to December at Rs.795 crore compared to Rs.667 crore in the period of 2010-11 on Thursday. The company has improved its operating EBITDA (earnings before interest, taxes, depreciation, and amortisation) margin from 20.1 percent in the second quarter of 2011-12 to 21 percent in the third quarter.

Even HDFC Bank reported a higher-than-expected 31.2% rise in quarterly net profit. Net profit rose to 14.3 billion rupees by the end of December from 10.9 billion rupees a year earlier and non-interest revenue including income from fees and commissions for trading foreign exchange and derivatives, rose nearly 26%.

While SKS Microfinance hoped to turn to profit by April-June after a third straight quarterly loss in the fiscal year 2012. First quarter of financial year 2013, should return back to profits said Dilli Raj, company’s chief financial officer.

Dish TV also announced the increase of revenues of Rs 490.46 crore on 19th January. The company saw net loss of Rs 44.28 crore for the October-December quarter last year. Company is hoping to clear this loss to Rs 42.96 crore.

Sources: 1, 2, 3, 4


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