TOP CORPORATE NEWS-12 NOV 2014

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Reliance Power Q2 net profit of Rs 253 crore
The Company has posted a net profit of Rs. 72.60 million for the quarter ended September 30, 2014 as compared to Rs. 161.60 million for the quarter ended September 30, 2013,Total Income has increased from Rs. 14565.80 million for the quarter ended September 30, 2013 to Rs. 18841.80 million for the quarter ended September 30, 2014.

Tata Steel Q2 net profit at Rs. 24.76 billion
Tata Steel Ltd has announced the following results for the quarter ended September 30, 2014:The Audited Standalone results for the Quarter ended September 30, 2014,The Company has posted a net profit of Rs. 24764.10 million for the quarter ended September 30, 2014 as compared to Rs. 15586.70 million for the quarter ended September 30, 2013.

Apollo Hosp jumps after Q2 nos
Apollo Hospitals rebounded into the positive zone and jumped to a high of Rs 1,180 after announcing its Q2 results. The company today reported 5.2 per cent rise in Q2FY15 net profit at Rs 91.50 crore when compared with Rs 87 crore in the corresponding quarter a year ago. Total income was up 18.4 per cent at Rs 1,161 crore from Rs 980.53 crore.

Venky's down after Q2 result
The company has recorded a net loss of Rs 13.15 crore for the quarter ended September 2014. Venky's (India) has extended its earlier losses and tumbled 7 per cent in the noon deals after the announcement of Q2 result. the company has recorded a net loss of Rs 13.15 crore for the second quarter ended September 2014, against a net profit of Rs 7.05 crore in a year ago period.

India Cement moves higher on Q2 turnaround
The company has reported a net profit of Rs 7.49 crore for the second quarter ended September 2014.India Cement has smartly moved higher in the early noon deals on the BSE after the company booked a net profit of Rs 7.49 crore in Q2FY15 against a net loss of Rs 22.53 crore in Q2FY14.

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