Results | Zee News posts 19.3% growth at Rs17.06 cr

On a year-on-year basis, the company reported a 26.6% rise in its net profit during the quarter to Rs19.15 crore, against Rs15.13 crore.

— Ishita Russell

Dish TV losses shrink to Rs76.2 crore

New Delhi: Direct-to-home (DTH) operator Dish TV India Ltd managed to contract its losses during its third quarter ended 31 December to Rs76.2 crore, compared with Rs118.06 crore during the same quarter in the previous fiscal. Net sales of the firm rose 43.8% to Rs277.2 crore versus Rs192.8 crore on a year-on-year basis.

— Ishita Russell

United Breweries Q3 net surges to Rs21.26 cr

Bangalore: Beer maker United Breweries Ltd posted a steep jump in its year-on-year net profit for the third quarter on higher sales, but did worse than in the preceding three months. Its net profit in the October-December period surged to Rs21.26 crore from Rs1.47 crore in the corresponding quarter a year earlier, but fell by more than half when compared with the Rs47.20 crore earnings it registered in the second quarter that ended 30 September.

— Poornima Mohandas

Grasim Industries posts Q3 net of Rs715 cr

Mumbai:Grasim Industries Ltd on Friday reported a Rs715 crore net for the quarter ended 31 December, an increase of 56% over the corresponding period last fiscal. The profits were attributable to higher cement sales, the firm’s primary business, and lower input costs. The company plans to invest Rs15,000-16,000 crore in the cement business over the next five years to add 25 million tonne capacity and maintain its current market share of over 40%, said Adesh Gupta, whole time director and chief financial officer.

— Joel Rebello

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