Amid economic uncertainties, Indian companies with overseas presence have posted better earnings in 2011 compared to entities focused on the domestic market alone, says a study.

Hyderabad-based pharma major Dr Reddy’s Laboratories Limited (DRL) on Friday reported an 88 per cent jump in net profit to Rs 513.1 crore for the quarter ended December 2011, as compared with Rs 273.2 crore in the corresponding quarter last year.

The company had posted a net loss of Rs 79.58 crore in the corresponding period last year.

Oberoi Group firm EIH Associated Hotels Ltd today reported a marginal increase in net profit for the quarter ended December 31, 2011, to Rs 10.02 crore.

Godrej Industries Ltd today said its consolidated net profit rose by 39.34 per cent to Rs 85 crore in the quarter ended December 31, 2011, driven by robust growth across all business segments.

The company's net profit for the three months ended December 31, 2010, stood at Rs 8.20 crore, it said in a filing to the BSE.

Auto air-conditioner maker Subros today reported a 62.5% decline in standalone net profit for the quarter ended December 31, 2011, to Rs 2.07 crore.

State-owned lender Power Finance Corporation today posted net profit of Rs 1,108 crore for the quarter ended December 31, based on the new accounting method.

Srei Infrastructure Finance today posted a 51.78% decline in net profit to Rs 19.40 crore for the quarter ended December, 2011, due to higher interest outgo.

Indo Rama Synthetics (India) Ltd today reported a net loss of Rs 32.11 crore for the quarter ended December 31, 2011, primarily due to foreign exchange losses during the quarter.

The company, a part of the Adventz Group, had reported a net profit of Rs 36.57 crore for the corresponding year-ago period, it said in a filing to the BSE.

Madras Cements today reported a 77% rise in net profit for the quarter ended December 31, 2011, to Rs 76.84 crore on the back of higher sales.

Pharmaceuticals major Dr Reddy's Laboratories reported an 88% jump in consolidated net profit at Rs 513 crore for the quarter ended December 2011 as against Rs 273.1 crore in the same period a year ago.

Korea's Posco, the world's third-biggest steelmaker, reported a smaller-than-expected 33% gain in quarterly profit on Friday, but outperformed its Asian peers in a sector buffeted by the Eurozone crisis and China's slowing growth.

Panasonic Corp expects a record net loss of more than 700 billion yen for the year to March, Japanese media said, hit by write-downs for its Sanyo Electric acquisition and restructuring of its ailing TV division.

Manappuram Finance Limited has declared a net profit of Rs 161.37 crore, up 117 per cent in the third quarter of the current financial year compared to Rs 74.53 crore for the same period, last year.

Public sector lender, Andhra Bank, witnessed a decline of 8.45 per cent in its net profit at Rs 303 crore for the third quarter ended December 31, 2011, as compared to Rs 331 crore in the same quarter of the previous year.

Manappuram Finance, the country's largest gold loan company, today posted a hefty 117% jump in net profit to Rs 161.37 crore for the third quarter ended December, on the back of nearly doubling up of disbursals.

Drugmaker Piramal Healthcare's quarterly net profit plunged 86% as research and development (R&D) expenses zoomed, while income from investments declined.

Public-sector lender Andhra Bank witnessed a decline of 8.5% in net profit at Rs 303 crore for the third quarter ended December 31, 2011, due to higher provisioning towards non-performing assets (NPAs).