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BENGALURU (Reuters) – India’s Prestige Estates Projects reported a more than six-fold jump in second-quarter profit on Tuesday, aided by a buoyant housing demand. The real estate developer’s consolidated net profit rose to 8.51 billion Indian rupees ($102.22 million) in the quarter ended Sept. 30, from 1.41 billion rupees reported a year earlier. It launched …

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BENGALURU (Reuters) – Diesel and natural gas engine maker Cummins India reported a 23% rise in second-quarter profit on Tuesday as lower expenses helped offset slowing engine demand. The Indian unit of U.S. truck engine maker Cummins reported a consolidated profit of 3.29 billion rupees ($39.52 million), up from 2.67 billion rupees last year. The …

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BENGALURU (Reuters) – Indian tyre maker Apollo Tyres Ltd. reported a better-than-expected second-quarter profit on Tuesday, boosted by higher auto sales and lower input costs. Consolidated profit more than doubled to 4.74 billion rupees ($56.94 million) for the quarter ended Sept. 30 from 1.79 billion rupees a year earlier. Analysts, on average, had expected a …

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BENGALURU (Reuters) – India’s Shree Cement reported a bigger-than-expected rise in second-quarter profit on Tuesday, boosted by strong infrastructure demand ahead of elections. The company’s profit more than doubled to 4.91 billion rupees ($59.00 million) for the three months ended Sept. 30 from 1.90 billion rupees a year earlier. Analysts, on average, had estimated a …

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BENGALURU (Reuters) – India’s Arvind Fashions reported a 18.9% rise in the second-quarter profit on Tuesday, aided by healthy sales of clothing and footwear and as power brands helped it maintain wider margins. The Bengaluru-based company’s consolidated net profit rose to 216.6 million rupees ($2.60 million) for the quarter ended Sept. 30 from 182.2 million …

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BENGALURU (Reuters) – Indian retailer and hypermarket operator Trent on Tuesday reported a nearly three-fold surge in the second-quarter profit because of strong demand, sending its shares to a record high. The Tata Group-owned company’s consolidated net profit rose to 2.35 billion rupees ($28.23 million) in the quarter ending Sep. 30, despite a 46% rise …

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BENGALURU (Reuters) – Battery maker Eveready Industries India on Tuesday reported a more than 72% rise in second-quarter profit, helped by diminishing costs. Consolidated net profit rose to 254.4 million rupees ($3.06 million) in the quarter ended Sept. 30 from 147.3 million rupees a year ago. Quarterly expenses for the company, which also sells flashlights …

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