CORPORATE RESULTS
NON-CONVENTIONAL ENERGY
Suzlon Energy net dips 54%
Mumbai, July 26 Global wind energy major, Suzlon Energy Ltd, has posted 53.82 per cent drop in net profits at Rs 89.4 crore for the quarter ended June 30, as against Rs 193.6 crore in the year ago period. Net sales have also declined ...
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TELECOMMUNICATIONS
Bharti Airtel: Mobile additions ring in growth
BL Research Bureau Bharti Airtel has delivered healthy earnings growth this quarter (especially in mobile services) amidst fears of a slowdown in mobile additions and a trend of falling tariffs across the sector. Bharti’s overall ...
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Bharti Airtel net doubles to Rs 1,512 crore in Q1
Revenues increase by 53%; Subscriber base grows to 44.6 million
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ENGINEERING
Stone India Q1 net up at Rs 3.8 cr; sales rise 23%
Stone India Ltd, for the quarter ended March 31, 2007, has reported a higher net profit of Rs 3.78 crore (Rs 3.14 crore). Net sales for the quarter under review has recorded an increase of 23 per cent to Rs 21.09 crore (Rs 17.21 crore). Gross ...
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Triveni Engg suffers Rs 19.77-cr net loss
New Delhi, July 26 Triveni Engineering & Industries Ltd has posted a net loss of Rs 19.77 crore on net sales of Rs 343.51 crore for the first quarter ended June 30, 2007, against a profit after tax (PAT) of Rs 32.40 crore on net sales of ...
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FERTILISERS
Rashtriya Chem
MUMBAI: Rashtriya Chemicals & Fertilizers Ltd (RCF) has posted a 3.35 per cent growth in net profit of Rs 771 crore for the quarter ended June 30, 2007 as compared with Rs 746 crore for the quarter ended June 30, 2006, the company ...
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PETROLEUM
Indraprastha Gas net rises 39%
Indraprastha Gas Ltd, the sole supplier of compressed natural gas (CNG) and piped natural gas (PNG) in the National Capital Territory of Delhi, registered an overall growth of 39 per cent in profit after tax in the first quarter of financial ...
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PHARMACEUTICALS
GSK Pharma Q2 net up 6%
Mumbai, July 26 GlaxoSmithKline Pharmaceuticals has posted a growth in net profit of close to six per cent, for the second-quarter quarter ended June 30, 2007, driven by double-digit growth by certain products. It clocked net profits of Rs ...
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Dabur Pharma Q1 net zooms
New Delhi, July 26 Dabur Pharma has announced a huge growth in net profits at Rs 133.4 crore for the first quarter ended June 30, 2007. However, this includes the one-time gain of Rs 125.30 crore from the sale of the company’s ...
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POWER
Tata Power Q1 net up 56%
Mumbai, July 26 Tata Power Company said its first-quarter net profit rose 56 per cent on the back of a modest rise in sales volume and an increase in operational efficiencies. Net profit for the quarter amounted to Rs 190 crore (Rs 122 ...
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TYRES
MRF Q3 net rises five fold
Chennai, July 26 MRF Ltd has reported a 420 per cent rise in its net profit at Rs 42.50 crore for the third quarter ended June 2007, compared with Rs 8.17 crore posted during the corresponding quarter of the previous year. The lower net ...
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CARS
Maruti Q1 net grows 35%
Higher sales volumes, realisations push profits up
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AUTOMOBILE COMPONENTS
Talbros Auto net up 9.7%
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HCV/LCV/TRACTORS
Punjab Tractors Q1 net down 81%
New Delhi, July 26 Punjab Tractors Ltd (PTL) has reported an 81.35 per cent dip in its net profit for the first quarter ended June 30, 2007. The net profit of the company for the quarter was at Rs 3.3 crore as against Rs 17.7 crore. The net ...
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ELECTRICAL GOODS
ABB India Q2 net rises 51% at Rs 109 cr
Ravi Uppal is ABB India Chairman
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SOFTWARE
3i Info consolidated net up 84%
Mumbai, July 26 3i Infotech has recorded a 83.6-per cent rise in consolidated net profit for the June quarter at Rs 39.2 crore from Rs 21.35 crore reported in the corresponding quarter a year ago. Revenues almost doubled to Rs 264.17 crore (Rs ...
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PAPER, BOARD & NEWSPRINT
JK Paper plans Rs 700-cr expansion
New Delhi, July 26 JK Paper Ltd is in the process of finalising an expansion plan to increase capacity in maplitho and copier papers. The investments would be Rs 500-700 crore to be spread over the next three to four years, company Managing ...
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PRIVATE BANKS
ING Vysya Bank Q1 net rises 71%
Bangalore, July 26 ING Vysya Bank has reported a net profit of Rs 25.32 crore in the first quarter (Q1) of the current financial year 2007-08 (FY08), a 71.2 per cent increase over Rs 14.79 crore in Q1 of FY07.The bank’s gross ...
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PUBLIC SECTOR BANKS
Dena Bank Q1 net jumps 201% to Rs 55.6 cr
Higher growth attributed to rise in operating income
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ISPS
Sify posts net loss of $1.27 m
Hit by the rupee appreciation Internet and e-commerce company Sify Ltd has reported net losses of $1.27 million (about Rs 5 crore) for the quarter ending June 2007. The company has lost about $400,000 (about Rs 1.6 crore) on account of the ...
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