Net profit of Hindalco Industries declined 21.60% to Rs 427.10 crore on a 29.56% increase in sales to Rs 5286.10 crore in Q3 December 2009 over Q3 December 2008.

Net profit of Hero Honda Motors rose 78.34% to Rs 535.77 crore on a 32.72% rise in sales to Rs 3814.42 crore in Q3 December 2009 over Q3 December 2008.

Net profit of Sterlite Industries India declined 77.16% to Rs 46.59 crore on a 39.83% increase in sales to Rs 3611.99 crore in Q3 December 2009 over Q3 December 2008.

Steel Authority of India, DLF, and HPCL are among the major result announcement on Wednesday, 27 January 2010.

TRF received two orders worth Rs 611 crore from state-run utility NTPC for supply installation and commissioning of its coal handling plants.

Hotel Leelaventure's board approved raising up to $130 million through a mix of a qualified isntitutional placement and issue of foreign currency convertible bonds. The funds will be used to cut debt and part finance its expansion plans.

Net profit of Pantaloon Retail India rose 51.07% to Rs 50.67 crore in the quarter ended December 2009 as against Rs 33.54 crore during the previous quarter ended December 2008. Sales rose 25.38% to Rs 1912.84 crore in the quarter ended December 2009 as against Rs 1525.68 crore during the previous quarter ended December 2008.

Net profit of Power Grid Corporation of India rose 31.02% to Rs 487.84 crore in the quarter ended December 2009 as against Rs 372.35 crore during the previous quarter ended December 2008. Sales rose 3.25% to Rs 1525.41 crore in the quarter ended December 2009 as against Rs 1477.44 crore during the previous quarter ended December 2008.

Godrej Industries reported net profit of Rs 16.91 crore in the quarter ended December 2009 as against net loss of Rs 3.39 crore during the previous quarter ended December 2008. Sales rose 13.70% to Rs 203.68 crore in the quarter ended December 2009 as against Rs 179.14 crore during the previous quarter ended December 2008.

Net profit of GlaxoSmithkline Consumer Healthcare rose 3.38% to Rs 33.68 crore in the quarter ended December 2009 as against Rs 32.58 crore during the previous quarter ended December 2008. Sales rose 26.11% to Rs 418.12 crore in the quarter ended December 2009 as against Rs 331.55 crore during the previous quarter ended December 2008.

Net profit of Cummins India rose 11.11% to Rs 148.16 crore in the quarter ended December 2009 as against Rs 133.34 crore during the previous quarter ended December 2008. Sales rose 8.71% to Rs 814.83 crore in the quarter ended December 2009 as against Rs 749.52 crore during the previous quarter ended December 2008.

Net profit of Indiabulls Financial Services rose 57.40% to Rs 57.12 crore in the quarter ended December 2009 as against Rs 36.29 crore during the previous quarter ended December 2008. Sales declined 25.16% to Rs 291.81 crore in the quarter ended December 2009 as against Rs 389.90 crore during the previous quarter ended December 2008.

Net profit of Hotel Leela Venture rose 40.78% to Rs 28.86 crore in the quarter ended December 2009 as against Rs 20.50 crore during the previous quarter ended December 2008. Sales rose 5.65% to Rs 126.46 crore in the quarter ended December 2009 as against Rs 119.70 crore during the previous quarter ended December 2008.

Nalco, Punjab National Bank, Union Bank of India, Dabur India, Bank of Baroda, Orbit Corporation, GMDC, Adani Enterprises, Adani Power, JM Financial, Firstsource Solutions, Everonn Education, Nagarjuna Construction, Patel Engineering, Binani Cement, MM Forgings, NOCIL, Trent, Bal Pharma, EL Forge, and Cholamandalam DBS Finance, among others will declare December 2009 ended quarter results on Wednesday.