Business Daily from THE HINDU group of publications
Tuesday, May 15, 2007
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CORPORATE RESULTS

CEMENT
Dalmia Cement Q4 net up 15%
Dalmia Cement (Bharat) Ltd has reported a 15 per cent growth in net profit at Rs 61.81 crore for the fourth quarter ended March 2007. Its turnover rose 57.47 per cent to Rs 336.5 crore against Rs 213.69 crore. It has posted a ... More

INFORMATION TECHNOLOGY
Allsec Tech net up 11%
Allsec Technologies has reported net profit of Rs 6. 99 crore for the quarter ending March 2007, up 11 per cent from Rs 6.31 crore reported during the same quarter last year. According to a press release, revenues stood at Rs ... More

STEEL
Welspun net more than doubles
Welspun-Gujarat Stahl Rohren has posted a 113.91 per cent increase in net profit at Rs 41.5 crore (Rs 19.4 crore) for the quarter ended March 31, 2007. Net sales rose 13.06 per cent to Rs 728.1 crore compared with Rs 644 crore in ... More

AIR-CONDITIONERS & REFRIGERATORS
Voltas net rises five-fold in Q4
Voltas Ltd has posted five-fold rise in fourth-quarter net profit to Rs 119.90 crore (Rs 23.73 crore) following improved performance by the electromechanical, engineering and cooling divisions. Net sales rose 38 per cent to Rs 730 crore (Rs 530 ... More

REAL ESTATE & CONSTRUCTION
Lanco Infratech Q4 net at Rs 60 cr
Lanco Infratech Ltd's net profit increased to Rs 56.9 crore in the fourth quarter ended March 31 compared to Rs 8.3 crore in the corresponding quarter of previous fiscal. The total income increased five-fold to over Rs 500 crore (Rs 96.8 ... More

Sobha Developers fourth quarter net rises 70%
Sobha Developers has recorded a 70 per cent growth in net profit at Rs 61.9 crore (Rs 36.5 crore) for the fourth quarter ended March 31, 2007. Turnover was up 83 per cent at Rs 358.9 crore (Rs 196.5 crore). Of this, real estate contributed to ... More

SOFTWARE
Accel posts Rs 13 cr net profit
Accel Frontline Ltd, a Chennai-based IT company, declared an interim dividend of 15 per cent (Rs 1.50 per equity share of Rs 10) to its shareholders for the financial year ended March 31, 2007. It reported a net profit of Rs 13 ... More

HOUSING FINANCE
LIC Housing Q4 net surges 115% at Rs 89 cr
Announces a final dividend of 30% More

GENERAL INSURANCE
Royal Sundaram net profit zooms 144%
Royal Sundaram Alliance Insurance Company has reported 144 per cent growth in net profit to Rs 21 crore during its seventh year of operations ended March 31. The company earned premium income of Rs 600.58 crore, a growth of 30 per cent over the ... More

PUBLIC SECTOR BANKS
Indian Bank net soars 57%
Indian Bank has announced audited consolidated results of the bank and its three subsidiaries Indbank Merchant Banking Services Ltd, Indbank Housing Ltd and Indfund Management Ltd for the year ended March 31, 2007. According to a press ... More






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Looking back
May. 6-May. 12
Syndicate Bank's full-year net rises 33% to Rs 716 cr



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