Business Daily from THE HINDU group of publications
Friday, July 13, 2007
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Markets (July 12)
BSE Sensex15092.04 (+181.42
S&P CNX Nifty4446.15 (+59)
US Dollar (Buy/Sell)40.50


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CORPORATE RESULTS

FINANCIAL SERVICES
Geojit Fin net rises 71%
Kochi, July 12 Geojit Financial Services Ltd’s net profit has grown by 71 per cent to Rs 12.1 crore (Rs 7.07 crore) for the first quarter of the current fiscal, after making a provision of Rs 4.89 crore for taxes. Income for the quarter ... More

PETROLEUM
CPCL’s net rises on better margins
Thanks to a marked increase in gross refining margins, Chennai Petroleum Corporation has reported a 27 per cent increase in its net profit for the first quarter of the current year compared with the same quarter last year. The refiner’s ... More

TWO/THREE WHEELERS
Bajaj Auto Q1 net drops 15%
Pune, July 12 Two-wheeler major Bajaj Auto Ltd saw its net profit for the first quarter of the current fiscal drop by 15 per cent to Rs 226.5 crore from Rs 266 crore in the same period last year.According to the company, rising ... More

LIFE INSURANCE
Bajaj Allianz net rises on low-cost biz model
Mumbai, July 12 Bajaj Allianz Life Insurance has reported a net profit of Rs 30 crore in the first quarter of 2007-08, against a net loss of Rs 19 crore in the corresponding quarter of the previous year.The company had reported a profit ... More

PRIVATE BANKS
UTI Bank net jumps 45% on growth in advances, income
Net interest margin dips marginally to 2.72% in first quarter More






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