GODREJ CONSUMERS 4Q PROFIT AT INR 192.65 cr vs prv INR 141.66 cr

Godrej Consumer Products Ltd (GCPL) – Co. reported 4Q11-12 net profit at INR 192.65cr vs. previous INR 141.66cr. Sales at INR 1323.04cr vs. previous INR 1011.04cr.

For FY11-12 co. reported net sales at INR 4850.94cr vs. previous INR 3676.31cr. Net profit at INR 726.72cr vs. previous INR 514.74cr. Co. declared fourth interim dividend for FY11-12 at INR 1.75 per share. (Financial Express)

EXIDE INDUSTRIES 4Q11 PROFIT AT INR 1425.1m vs prv INR1636.80

Exide Industries Ltd. – Co. reported 4Q11 results for 31 March 2012. The net profit after tax came in at INR 1425.1 m vs INR 1636.8 m previously on a y-o-y basis. Standalone Revenues came in at INR 14622.6 m vs INR 12673.6 m previously.

Consolidated results for year ended 31 march 2012 generated a net profit after tax and minority interest/share associate of INR 4460.6 m vs INR 6188.2 m a year ago.

The company recommended a final dividend of 60 percent, i.e INR 0.60 a share taking the total dividend to INR 0.90 a share. (BSE Announcements)

INDIAN EARNINGS: STATE BANK OF TRAVANCORE & SOLITAIRE MACHINE TOOLS

State Bank of Travancore   – Co. reported net profit at INR 1898.56cr for the March 2012 quarter vs. previous March 11 quarter at INR 1425.65cr. Sales at INR 153.04cr vs. previous INR 238.32cr. (Money Control)

Solitaire Machine Tools – Co. reported net profit at INR 5.70cr for the March 2012 quarter vs. previous March 11 quarter at INR 3.73cr. Sales at INR 0.30cr vs. previous INR 0.06cr. (Money Control)

ORIENTAL BANK OF COMMERCE 4Q11 PROFIT AT INR 2649 m vs. INR 333.60 m prv

Oriental Bank of Commerce – Co.’s 4Q11 profit declined to INR 2649.0 m vs INR 3336.30 m a year ago. Total interest income came in at INR 45645.3 m vs INR 35321.30 m a year ago.

FY12 net profits came in at INR 11415.6 m vs INR 15028.7 m previously.

The bank has proposed a dividend of INR 7.90 a share. (BSE Announcements)

INDIA EARNINGS: ADHARA SUGAR, ADORE MULTIPRODUCTS, INTERNATIONAL TRAVEL HOUSE & RISHIROOP RUBBER

Andhra Sugar – Co. reported net profit at INR 24.86cr for the March 2012 quarter vs. previous March 11 quarter at INR 20.22cr. Sales at INR 170.06cr vs. previous INR 156.75cr. (Money Control)

Adore Multiproducts  – Co. reported net profit at INR 0.05cr for the March 2012 quarter vs. previous March 11 quarter at INR 0.10cr. Sales at INR 3.37cr vs. previous INR 3.62cr. (Money Control)

Rishiroop Rubber  – Co. reported net profit at INR 1.20cr for the March 2012 quarter vs. previous March 11 quarter at INR 0.54cr. Sales at INR 14.41cr vs. previous INR 13.24cr. (Money Control)

International Travel House   – Co. reported net profit at INR 3.62cr for the March 2012 quarter vs. previous March 11 quarter at INR 3.83cr. Sales at INR 39.69cr vs. previous INR 41.37cr. (Money Control)

ADIDAS AG 1Q12 PROFIT AT EUR 289 m vs. exp. EUR 230.6 m

Adidas AG – 1Q12 Profits for the firm came in at EUR 289 m exceeded analysts estimates of EUR 230.6 m, a rise of 38 percent. For its FY12 profit, the company raised its estimates of sales growth 12 percent to 17 percent  from its previous estimate of 10 – 15 percent growth.

Sales in Asia increased 26 percent as compared with 7 percent rise in Western Europe. The company faces a one time EUR 70 m restructuring charge on its operations in India. (Bloomberg)