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Zee Entertainment Enterprises posted a 40.5% jump in consolidated net profit at R193.31 crore for the third quarter ended December 31, 2012. This is against a consolidated net profit of R137.61 crore for the same period last year.

Sun TV net up 13%, ad revenue rebounds

Sun TV Network registered a 13.10% rise in its net profit at R189.88 crore for the quarter ending December 31, compared to R167.88 crore last fiscal. The total income stood at R496.41 crore as against R448.32 crore, registering a growth of 10.73%.

Renault launches new Scala at R8.99 lakh

Renault India on Wednesday launched its X-tronic Continuously Variable Transmission (CVT) variant of Renault Scala at R 8.99 lakh. With this, Renault becomes the first manufacturer to offer next-generation transmission in the Indian sedan segment.

Havells India Q3 PAT rises 33% at R118 cr

Electrical goods maker Havells India reported a 32.58% increase in consolidated profit after tax at R118 crore for the third quarter ended December 2012 on robust performance by all segments.

Ajanta Pharma Q3 net up 76%

Drug company Ajanta Pharma reported a 75.95% increase in net profit to R32.57 crore for the third quarter ended December 31, 2012, mainly on robust sales. The company posted a net profit of R18.51 crore for the corresponding period previous fiscal.

Phoenix Mills opens 4th mall in Chennai

Pheonix Mills has opend its fourth Phoenix Marketcity mall in Chennai. It is a mixed-use development undertaken by Classic Mall Developers, a special purpose vehicle in which PML has a 31% stake.

Deepak

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