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Wednesday, August 01, 2007
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CORPORATE RESULTS

DIVERSIFIED
BOC India Q1 sales, net down
Kolkata, July 31 BOC India Ltd, now a member of the Linde Group, has posted lower turnover of Rs 106.83 crore (Rs 118.84 crore) and lower net profit of Rs 3.13 crore (Rs 28.5 crore, including Rs 24.29 crore from property sale) for the first ... More

FINANCIAL SERVICES
Magma Shrachi net up 64%
More

Srei Infra Q1 net up 55% at Rs 23 cr
Srei Infrastructure Finance Ltd, for the quarter ended June 30, has recorded a 55 per cent increase in profit after tax to Rs 23.28 crore, up from the Rs 15.02 crore achieved in the same quarter of previous financial year. Income from ... More

TELECOMMUNICATIONS
Reliance Comm standalone profit rises 76%
Mumbai, July 31 Reliance Communications’ said its stand-alone first quarter net profit rose by 76 per cent as its subscriber base expanded and higher realisations per minute kept average revenue per user stable.The stand-alone net ... More

VSNL first quarter net rises 18%
Videsh Sanchar Nigam Ltd’s net profit for the first quarter of the fiscal rose by 18 per cent, led by increased revenues and profits from its ‘enterprise and carrier data’ business. The company’s net profit amounted to Rs ... More

CEMENT
India Cements upbeat on prospects
Clocks Rs 183.4-cr net in Q1; ‘the best yet to come’ More

CONSUMER ELECTRONICS
Godrej Consumer Products net up 17%
Godrej Consumer Products Ltd (GCPL) has posted a 17.38 per increase in net profit for the quarter ended June 30. Net profit rose from Rs 30.49 crore to Rs 35.79 crore during the quarter. Net sales rose by 23. 13 per cent to Rs 235.8 ... More

ELECTRONICS
BEL Q1 net down 56%
Bangalore, July 31 Bharat Electronics Ltd has posted a Q1 net profit of Rs 26.30 crore for the current fiscal, against Rs 60.27 crore in the year-ago period, a decline of 56 per cent. Net sales were 14 per cent down at Rs 404.39 crore (Rs ... More

HOTELS
Indian Hotels net rises 42%
Mumbai, July 31 Indian Hotels Company Ltd, which operates the Taj Hotels Resorts and Palaces, has reported a net profit growth of 42 per cent at Rs 54.7 crore for the first quarter ended June 30, 2007 (Rs 38.50 crore). The growth has ... More

Royal Orchid net down
Bangalore, July 31 Royal Orchid Hotels Ltd has reported a decline in its net profit at Rs 7.14 crore for the first-quarter ended June 30, 2007 against Rs 8.09 crore. Its revenue, however, showed a marginal increase to Rs 29.12 crore ... More

INFRASTRUCTURE
IVRCL Q1 net increases 80%
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PETROLEUM
HPCL net sales up 5.84%
Mumbai, July 31 Hindustan Petroleum Corporation Ltd (HPCL) has reported 5.84 per cent increase in net sales for the quarter ended June 30. Net sales rose to Rs 21,881.7 crore from Rs 20,674.1 crore reported in the year ago quarter. Net ... More

Cairn India posts Rs 7.6-cr net loss in Q2
New Delhi, July 31 Cairn India Ltd has posted a net loss of Rs 7.57 crore for the second quarter ended June 30, 2007. The company’s total income for the quarter stood at Rs 8.85 crore. The group (consolidated results) has posted a net ... More

PHARMACEUTICALS
Suven Life PAT increases 51%
Suven Life Sciences posted a 51-per cent increase in profit after tax (PAT) at Rs 3.15 crore in the first quarter ended June 30, 2007 against Rs 2.08 crore in the corresponding quarter of the previous fiscal year. The total revenue increased 13 ... More

Aurobindo Pharma PAT up 62%
Aurobindo Pharma’s first-quarter profit after tax (PAT) has risen 61.7 per cent to Rs 58.54 crore against Rs 36.21 crore in the corresponding previous period. Total income grew 22.1 per cent to Rs 512.91 crore (Rs 420.17 crore). The ... More

Granules India full year net up 14.6%
Hyderabad, July 31 Granules India Ltd (GIL) has posted a 14.61 per cent rise in net profit at Rs 10.59 crore for the full year ended June 30, 2007, compared with Rs 9.25 crore last year. Net sales rose by 5.82 per cent to Rs 185.69 ... More

Divi Labs PAT doubles to Rs 65 cr
Divi Laboratories Ltd’s profit after tax more than doubled to Rs 65 crore (on a consolidated basis) in the first quarter ended June 30, 2007, against Rs 26 crore in the corresponding quarter of the previous fiscal. The total income ... More

STEEL
Monnet Ispat Q1 net rises 82%
New Delhi, July 31 Monnet Ispat & Energy Ltd has reported profit after tax (PAT) of Rs 48.55 crore for the first quarter ended June, up 82 per cent over Rs 26.64 crore in the corresponding previous year period. Net profit after deferred ... More

JSPL clocks 63% rise in Q1 net
More

Uttam Galva Steels net up
Uttam Galva Steels Ltd has reported a marginal increase in net profit at Rs 22.75 crore for the quarter ended June 30, 2007 compared with Rs 22.57 crore logged for the same period last year. Net sales were up 31 per cent at Rs 721.98 crore ... More

TEXTILES
Priyadarshini Mills’ profit hit by rising rupee
Priyadarshini Spinning Mills Ltd has registered a total income of Rs 47.94 crore for the quarter ended June 30, against Rs 39.38 crore for the same quarter last year. The net profit, however, dipped 27 per cent to Rs 80 lakh in the ... More

HCV/LCV/TRACTORS
Tata Motors Q1 net up 22% at Rs 467 cr
Foreign exchange gains power profits More

AIR-CONDITIONERS & REFRIGERATORS
Subros reports higher net in Q1
Automotive air-conditioning system maker Subros Ltd has posted a net profit at Rs 6.55 crore in the first quarter ended June 30 against Rs 5.95 crore in the corresponding period last year. The company’s net sales stood at Rs 185.04 crore, a ... More

HOME APPLIANCES
TTK Prestige net jumps 187%
TTK Prestige has recorded a 187 per cent increase in net profit on a sales income growth of about 8 per cent for the quarter ended June 30, 2007. The increase has come from better margins and optimisation of operating costs on a mix of its own ... More

REAL ESTATE & CONSTRUCTION
Akruti Nirman posts Rs 46-cr net
More

HDIL clocks Rs 203-cr net
More

Unitech PAT up 371% in Q1
New Delhi, July 31 Fuelled by higher sales and improved price realisation, real estate major Unitech Ltd on Monday reported 371 per cent jump in net profit to Rs 347.83 crore for quarter ended June 2007, from Rs 73.92 crore in the year-ago ... More

SOFTWARE
Megasoft Q2 net rises to Rs 9 cr
Hyderabad, July 31 Megasoft Ltd recorded revenues of Rs 60.11 crore and profit of Rs 9.45 crore for the second quarter ended June 30, as against revenues of Rs 37.72 crore and a profit of Rs 8.07 crore for the corresponding quarter last ... More

Bartronics net, sales double
Hyderabad, July 31 Bartronics India recorded sales of Rs 25.43 crore and profit of Rs 4.76 crore for the first quarter ended June 30, 2007 against sales of Rs 12.26 crore and a profit of Rs 2.20 crore for the corresponding quarter last year. ... More

Geodesic Q1 net at Rs 30 cr
Mumbai, July 31 Geodesic Information Systems has reported 110.1 per cent rise in stand-alone net profit for the first quarter ended June to Rs 30.45 crore (Rs 14.49 crore). Net revenues were up 73 per cent at Rs 59.7 crore (Rs 34.5 crore). ... More

Cambridge slips into red
Bangalore July 31 Cambridge Solutions Ltd slipped into the red on the back of foreign exchange losses and restructuring expenses for the quarter-ended June, 2007.Cambridge reported a consolidated loss of Rs 4.94 crore on revenues of Rs ... More

ALUMINIUM
Hindalco Q1 net profit unchanged at Rs 602.9 cr
Effect of fall in alumina realisations, impact of duty cut on imports More

READYMADE GARMENTS
House of Pearl Q1 net up 19%
More

PACKAGING
Ess Dee consolidated net at Rs 16 cr
Pharmaceutical packaging company Ess Dee Aluminium Ltd has posted a consolidated net profit of Rs 16.29 crore and a stand-alone net profit of Rs 13.12 crore for the quarter ended June 30, 2007, a note from the company said. The company was listed ... More






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