Jaiprakash Associates today announced a net profit of Rs 130 crore, in the second quarter of FY12, a growth at 8.33% compared to Rs 120 crore in the corresponding quarter of last fiscal.
Havells posted a good set of second quarter FY12 numbers. Joint managing director Anil Gupta informed that the sales growth was driven by volume growth. He committed to deliver 8% margins for Sylvania. He stated that the company will focus on profitability in Europe and growth in Latin America and India.
Spreading a cheer today, state-run lender Vijaya Bank reported a surge in its bottom-line numbers for the second quarter of FY12. Vijaya Bank witnessed an improvement in the bank's asset quality.