FMCG major Godrej Consumer Products (GCPL) posted a 56% increase in its consolidated net profit at Rs 91.76 crore for the fourth quarter ended March 31, 2010 as against Rs 59.36 crore in the year-ago period. The numbers are not strictly comparable since they include the results of Sara Lee, in which GCPL holds a 49% stake. The company’s net sales increased by 48% to Rs 509.19 crore in the three months to March 2010.

For the year ended March 31, 2010, GCPL has posted a consolidated net profit of Rs 339.59 crore, a growth of 96% over the year ago period. Moreover, for the same period, the total income stood at Rs 2041.2 crore as compared to Rs 1392.9 crore in the year-ago period. The revenues from Godrej Sara Lee in the financial year 2009-10, stood at Rs 408.9 crore and profit after tax at Rs 63.9 crore.

Commenting on the results, chairman Adi Godrej said, ?FY2010 has been a transformational year for GCPL. We?ve significantly enhanced our domestic presence in tier II and tier III towns. This has been accompanied by the launch of several new consumer centric offerings, relaunch of some of our existing products, with support from focussed and innovative marketing and promotion strategies.?

IL&FS Investment net up

Private equity fund management company IL&FS Investment Managers on Monday said its consolidated net profit rose by 18.65% to Rs 23.41 crore for the quarter ended March 31, 2010. Income from operations rose to Rs 47.74 crore for the quarter ended March 31, 2010, from Rs 44.12 crore in the same period last year, IL&FS Investment Managers said in a filing to the Bombay Stock Exchange.

Kirloskar Brothers net up

Kirloskar Brothers on Monday said its net profit rose by 23.50% to Rs 58.43 crore for the quarter ended March 31, 2010. Total income declined to Rs 633.65 crore for the quarter ended March 31 from Rs 652.52 crore in the same period in the previous fiscal, Kirloskar Brothers said in a filing to the BSE. The board has proposed a dividend of Rs 5.50 per share to the shareholders of the company.

Bosch Q1 net jumps 4-fold

Bosch Ltd on Monday said its net profit jumped four-fold to Rs 202 crore for the quarter ended March 31, 2010, over the same period last year. Total income increased to Rs 1,614.8 crore for the quarter ended March 31, from Rs 1,013.5 crore in the same period last year, Bosch said in a filing to the Bombay Stock Exchange. Shares of Bosch were trading at Rs 4,931.10 on the BSE, up 0.49% from the previous close.

Indiabulls Fin profit surges

Indiabulls Financial Services on Monday reported a surge of three-fold in its consolidated net profit to Rs 301.29 crore for the financial year ended March 2010. The company, which provides consumer finance, housing finance, commercial loans, life insurance and asset management and advisory services, had a consolidated net profit (from ordinary activities after tax and minority interest) of Rs 99.44 crore during FY’09. Indiabulls Financial Services has recommended a dividend of Rs 5 per equity share (of face value of Rs 2 each) for the financial year ended March 31, 2010, the company said in a filing to the Bombay Stock Exchange.

Whirlpool Q1 net rises

Home appliances maker Whirlpool Corp on Monday said its first quarter earnings have more than doubled to $164 million on improved product sales across regions. The company’s sales reached $4.3 billion in the January-March period of 2010, a 20% increase from the year-ago period, Whirlpool said in a statement. In Asia, Whirlpool reported first-quarter sales of $192 million, 60% more than the prior year. The company’s operating profit during the quarter totaled $11 million, an increase of $6 million from the prior year.

Bihar Tubes PAT at Rs 37 cr

Bihar Tubes has reported profit after tax (PAT) of Rs 37 crore for the financial year 2009-10, compared with Rs 2.5 crore in the preceding fiscal. During the same period, its net sales rose 17% to Rs 614 crore. Bihar Tubes manufactures ERW steel pipes, tubes and hollow section.

BlackRock Q1 profit rises

Global investment management firm BlackRock on Monday reported a nearly five fold jump in profit at $423 million in the first quarter of 2010 and its assets doubled after it acquired Barclays Global Investors. The firm’s revenue was at $1,995 million, up 102% compared to the first quarter 2009, it said in a statement. Total assets under management (AUM) of the company rose to $3.36 trillion at the end of the quarter against $1.28 trillion at the end of same period last year.