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Saturday, July 22, 2006
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CORPORATE RESULTS

DIVERSIFIED
ITC posts 17 pc rise in Q1 net profit
Growth driven by non-cigarette biz; strong performance by hotels More

L&T Q1 net profit rises 9.8 per cent
Hopes to improve on revenue growth More

CHEMICALS
Phillips Carbon plans base outside India
Phillips Carbon Black is planning to have a base outside India. This could be by way of a Greenfield project or an acquisition in any country where the company currently has its exports, such as Japan, Sri Lanka, Indonesia, Vietnam and Turkey. A ... More

ENGINEERING
Praj Industries to invest in R&D
Eyeing acquisition in US More

NCL Industries Q1 net up at Rs 6.17 cr
NCL Industries Ltd has registered substantial growth of over 87 per cent in sales turnover and five-fold increase in net profit for the first quarter of current fiscal ended June 30, 2006. As per the unaudited financial results, the company ... More

FERTILISERS
PPL back in black; posts Rs 12.7-cr net
After remaining in the red for more than a decade, Paradeep Phosphates Ltd (PPL) has returned to black. The company achieved a net profit of Rs 12.7 crore in 2005-06. The company, which was set up in the early 80s, was sold to Zuari Maroc ... More

INFRASTRUCTURE
Noida Toll Bridge earns profit
Noida Toll Bridge Company Ltd Has reported a net profit of Rs 1.66 crore for the quarter ended June 30, 2006 against a net loss of Rs 3.66 crore for the corresponding quarter the previous year. The turnaround has been ... More

PHARMACEUTICALS
Cipla looking for biotech cos in Europe, China
Q1 profit up 53 per cent More

Shasun net profit up 45 pc
Shasun Chemicals and Drugs Ltd has reported a 45 per cent growth in net profit to Rs 6.17 crore on net sales of Rs 99.46 crore for the first quarter ended June 30, 2006. During the corresponding period in the previous year, the ... More

STEEL
Tata Steel Q1 net up 3 pc on volumes, cost cuts
Profit growth despite lower steel prices; focus on branding More

HCV/LCV/TRACTORS
HMT Q1 loss up at Rs 13 cr
HMT Ltd has reported a steep loss of Rs 12.9 crore for the quarter ended June compared to Rs 1.5 crore for the corresponding previous period. Sales income also dipped considerably to Rs 19.9 crore (Rs 49 crore). The Chairman ... More

ELECTRICAL GOODS
Eveready plans to unlock real estate value
Net up at Rs 12.8 cr in first quarter More

SOFTWARE
Sonata net up
Sonata Software Ltd has reported a growth of 71 per cent in net profit and 46 per cent in revenues for the first quarter ended June over corresponding quarter last year. The company reported a net profit of Rs 8.75 crore on revenues of Rs ... More

Polaris net rises 74 pc
Polaris Software Lab has reported a net profit of Rs 20.27 crore for the quarter ended June 30, 2006 compared with a net profit of Rs 11.62 crore for the corresponding quarter last year, a 74 per cent increase. Revenue for the quarter was Rs ... More

Satyam net jumps 86 pc; revises guidance upwards
Software revenue up at Rs 1,443 cr; net profit at Rs 354.1 cr More

PRIVATE BANKS
P&SB net profit surges in Q1
Punjab & Sind Bank (P&SB) has reported a net profit of Rs 46.87 crore for the quarter ended June 30, 2006 compared to Rs 5.95 crore recorded in the same period last year. Total income of the bank, for the period under review, More






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