CORPORATE RESULTS
FINANCIAL SERVICES
Indiabulls net profit more than doubles
Mumbai, July 24 Net profit of financial services firm Indiabulls Financial Services Ltd more than doubled to Rs 166.4 crore for the first quarter ended June 30, 2007, compared with Rs 76.6 crore in the corresponding quarter of the previous ...
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OUTSOURCING
Allsec Tech PAT down at Rs 4.5 cr
Chennai, July 24 Allsec Technologies has reported a turnover of Rs 26.99 crore for the quarter ended June 2007, which is, thanks to the appreciation of the rupee, Rs 2 crore lower than in the corresponding quarter last year.On a ...
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TELECOMMUNICATIONS
Idea Cellular net zooms to Rs 193 cr
Mumbai, July 24 Idea Cellular Ltd said its first quarter net profit increased more than five fold from a year ago. Net profit for the quarter amounted to Rs 193 crore, against Rs 30 crore in the corresponding year-ago quarter. Revenues ...
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FOOD & DAIRY PRODUCTS
Britannia registers 20% growth
Bangalore, July 24 Britannia Industries Ltd has reported a 20 per cent growth in net profit for the first quarter ended June 30 at Rs 36.1 crore. Its sales grew 19 per cent at Rs 576.9 crore, “after absorbing continuing inflation in key ...
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PHARMACEUTICALS
Panacea net dips 5% in Q1
New Delhi, July 24 Panacea Biotec has reported a loss of 5 per cent in net profits at Rs 47.25 crore for the first quarter ended June 30, as against Rs 49.76 crore reported during the corresponding quarter the previous year. Turnover for the ...
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STEEL
JSW Steel net jumps 151% to Rs 427 cr
Mumbai, July 24 JSW Steel Ltd reported a 151 per cent rise in net profit for the quarter ended June 30, 2007 at Rs 427.78 crore, against Rs 170. 30 crore in the same period last year.Net sales rose 37.34 per cent to Rs 2,190.72 crore ...
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Jindal Stainless Q1 net up 63%
Jindal Stainless, an integrated manufacturer of stainless steel, for the first quarter ended June 30, 2007, has reported a 63 per cent increase in net profit. The net profit for the quarter was Rs 82.6 crore against Rs 50.79 crore in the same ...
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TWO/THREE WHEELERS
Hero Honda Q1 net profit down 20.14%
Net sales rise marginally to Rs 2,448 cr
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GEMS & JEWELLERY
Flawless Diamond Q1 net at Rs 4.52 cr
Mumbai, July 24 Flawless Diamond India Ltd net profit increased more than seven-fold to Rs 4.52 crore in the first quarter of this fiscal from Rs 0.53 crore for the same period last year. Sales increased owing to its retail initiative ...
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SOFTWARE
16% drop in MindTree net profit
A strong rupee impacted MindTree Consulting’s June quarter net profit, which declined 16 per cent, while revenues for the quarter grew 21 per cent over corresponding period last year.MindTree reported a net profit of Rs 20.62 ...
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Rolta India Q4 net up 38%
Mumbai, July 24 Rolta India Ltd said its consolidated net profit for the fourth quarter ended June 30, 2007 grew by 38 per cent, to Rs 48.8 crore (Rs 35.3 crore). Its consolidated total income went up 38 per cent to Rs 207.5 crore (Rs 149.9 ...
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Tulip IT net rises
NEW DELHI: Tulip IT Services Ltd ended the first quarter of current financial year on 30th June 2007, with a 106 per cent raise in net profit at Rs 28.47 crore (Rs 13.82 crore). — Our ...
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HOUSING FINANCE
Dewan Housing Q1 net rises 42%
Mumbai, July 24 Buoyed by a rise in its net interest income (NII), Dewan Housing Finance Ltd has posted a 42.68 per cent growth in its net profit for the quarter ended June 30, 2007 to Rs 14.17 crore, against Rs 9.93 crore in the corresponding ...
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PRIVATE BANKS
Kotak Mahindra Bank net up 99%
Mumbai, July 24 Kotak Mahindra Bank has posted a growth of 99.46 per cent in its standalone net profit for the quarter ended June 30, 2007 at Rs 47.67 crore, against Rs 23.9 crore in the corresponding quarter of the previous year. Mr ...
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BEARINGS, CASTINGS & FORGINGS
Bharat Forge Q1 net profit rises 26%
Pune, July 24 Bharat Forge Ltd has posted a 25.8 per cent rise in net profit for the first quarter of the current fiscal at Rs 64.81 crore compared with Rs 51.51 crore for the same quarter last year. Total income stood at Rs 550.21crore (Rs ...
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