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Wednesday, January 17, 2007
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CORPORATE RESULTS

PETROLEUM
Better productivity boosts IPCL net by 40% in Q3
Indian Petrochemicals Corporation (IPCL), a part of the Reliance Group, posted a 40 per cent growth in net profit to Rs 405 crore for the third quarter ended December 31, 2006, against Rs 289 crore in the corresponding period last year. Turnover ... More

HCV/LCV/TRACTORS
Escorts net loss at Rs 3.04 cr
Escorts Ltd has reported a 59 per cent growth in turnover in the October-December 2006 quarter (Q1) period at Rs 517.8 crore and said the company would end the year ending September 30, 2007, in the black. The company said it had increased ... More

TWO/THREE WHEELERS
Bajaj Auto Q3 net profit rises 23 pc
Riding on the successes of three of its new generation bikes, Bajaj Auto has posted record sales and profit for the third quarter of the current fiscal. Registering the highest sales ever for its two-wheelers, the company's performance during the ... More

SOFTWARE
HCL Tech net income rises 58 per cent
HCL Technologies Ltd has reported a 58 per cent rise in net income at Rs 286.2 crore for the quarter ended December 31, 2006, against Rs 181.1 crore in the corresponding quarter last fiscal. The company's revenues went up 39 per cent to Rs ... More

`Pricing uptick, key growth driver'
Better management of receivables also has helped,says Mahalingam More

Aztec Soft Q3 net up 12 pc
Aztec Software has reported a consolidated net profit of Rs 11.15 crore on revenues of Rs 71.34 crore for the quarter ended December 31, 2006, representing a year-on-year growth of 12 and 35 per cent respectively over the corresponding last ... More

Better margins boost TCS net 48 pc in Q3
Quarterly revenues cross $1-b mark More

Geometric Soft Q3 net surges 254 pc
Geometric Software Solutions (GSS) said on Monday that its net profit has surged by 254 per cent to Rs 8.3 crore for the third quarter ended December 31, 2006. Its net profit in the corresponding period last year was Rs 2.34 crore. The total ... More

PRIVATE BANKS
South Indian Q3 net up 20 pc
The net profit of South Indian Bank has gone up by 20 per cent to Rs 24.84 crore (Rs 20.65 crore) for the quarter ended December 2006. The net profit for the first nine months of the fiscal grew by 136 per cent to Rs 81.56 crore (Rs 34.59 ... More

PUBLIC SECTOR BANKS
SBH nets Rs 99 cr in Q3
State Bank of Hyderabad (SBH) has recorded total income of Rs 1,036.41 crore and a net profit of Rs 98.87 crore for the third quarter ended December 31, 2006 as against total income of Rs 799.89 crore and a net profit of Rs 62.11 crore for the ... More

SBT net rises 14 pc in third quarter
State Bank of Travancore (SBT) has recorded an increase of 13.65 per cent in net profit during the first nine months of 2006-07 over the corresponding period the previous year. The net profit rose to Rs 185.82 crore from Rs 163.50 crore last ... More






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