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Thursday, November 01, 2007
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CORPORATE RESULTS

TELECOMMUNICATIONS
Subscriber base boosts Bharti Airtel net 73%
New Delhi, Oct 31 Riding on a record addition of new subscribers, Bharti Airtel Ltd has maintained its growth momentum in the second quarter ended September 30, with a 73 per cent increase in net profits to Rs 1,614 crore compared to Rs 934 ... More

RCom net jumps 73.5% on healthy biz growth
Mumbai, Oct. 31 Healthy growth across key business areas has enabled the Anil Ambani controlled Reliance Communications to post a 73.5 per cent rise in standalone net profit for the quarter ended September 30.The company has reported a ... More

AIRLINES
SpiceJet Q2 net loss at Rs 37.8 cr
New Delhi, Oct 31 The low-cost airline, SpiceJet, has reported a net loss of Rs 37.8 crore during the second quarter ending September this year. The airline had reported a net loss of Rs 31.9 crore in the same period in the previous year. The ... More

CHEMICALS
GHCL net rises 2.6%
New Delhi, Oct 31 GHCL Ltd has reported a 2.6 per cent increase in net profit at Rs 25.36 crore for the second quarter of the current fiscal, up from Rs 24.71 crore reported during the corresponding quarter last year. The ... More

ENGINEERING
Praj Ind PAT up at Rs 27 cr on higher exports
Pune Oct 31 Praj Industries, player in the biofuel segment, has recorded a total income of Rs 181.73 crore for the second quarter of the current fiscal. It had recorded a total income of Rs 148.76 crore for the corresponding quarter last year. ... More

FOOD & DAIRY PRODUCTS
Hatsun Agro net more than doubles; to pay 25% interim
Focus on milk procurement, processing operations More

Focus on nutrition, wellness lifts Nestle Q3 net
New Delhi, Oct 31 Nestle India Ltd has reported an increase of 39.86 per cent in its net profit for the third quarter ended September 30, 2007, on the back of a transformation in the organisational structure and greater focus on nutrition, ... More

PHARMACEUTICALS
Domestic sales drive Aurobindo Q2 net up 86%
Hyderabad, Oct 31 Aurobindo Pharma Ltd’s net profit increased 86 per cent to Rs 101 crore in the second quarter ended September 30, 2007 as compared to Rs 54.6 crore in the corresponding period of previous fiscal.Total income has ... More

Strides Q3 net down 97% on rupee rise
Bangalore, Oct 31 The rising rupee has pulled down the net profit of Strides Arcolab 97 per cent to Rs 0.25 crore during the third quarter (third) ended September 30, compared to Rs 8.93 crore during Q3 of 2006.Net sales were Rs 105.8 ... More

STEEL
Graphite India’s net profit up 38%
Graphite India Ltd has posted a 38 per cent growth in net profit during the quarter ended September 30. The company’s net profit during July-September 2007 stood at Rs 37.95 crore compared with Rs 27.43 crore during the corresponding ... More

Mukand Q2 net down 31.6%
Mumbai, Oct. 31 Speciality steel-maker Mukand Ltd has posted a net profit Rs 14.13 crore, down 31.64 per cent, for the quarter ended September 30, 2007 against Rs 20.67 crore logged for the corresponding quarter a year ago. The pressure on ... More

Export sales drive Ramsarup net up
Kolkata, Oct 31 Profit after tax of Ramsarup Industries Ltd, engaged in production of steel wires, for the quarter ended September 30, 2007 has recorded a growth of 80 per cent at Rs 14.72 crore against the Rs 8.17 crore achieved during the ... More

TEXTILES
Strong Re, excess supply push Sutlej Textiles net down
Kolkata, Oct 31 Sutlej Textiles and Industries Ltd, a K.K. Birla Group company, for the quarter ended September 30, 2007, has reported a 67-per-cent drop in profit after tax at Rs 3.66 crore from the Rs 11.28 crore for the corresponding ... More

Indo Rama net rises on polyester demand
New Delhi, Oct. 31 Buoyed by increasing demand for polyester, Indo Rama Synthetics (India) Ltd has reported a 35 per cent jump in net profit at Rs 11.8 crore during the second quarter of the current fiscal, from Rs 8.73 crore in the ... More

PERSONAL PRODUCTS
Hind Unilever net dips 21 pc
Company focussing on cost saving programme More

HCV/LCV/TRACTORS
Tata Motors revenues rise marginally
Sale of technology helps boost Q2 net 19.3% More

ELECTRICAL GOODS
Indo Asian Fusegear net drops 12%
New Delhi, Oct 31 Indo Asian Fusegear Limited has reported a 12 per cent dip in net profit at Rs 3.83 crore during the second quarter of the current fiscal as compared to Rs 4.34 crore reported during the same period last year. The ... More

REAL ESTATE & CONSTRUCTION
NCCL net flat at Rs 33.65 cr
Nagarjuna Construction Company Ltd's (NCCL) net profit increased marginally to Rs 33.65 crore in the second quarter ended September 2007 as against Rs 32.75 crore in the corresponding quarter of previous fiscal. The turnover grew by 4 per cent at ... More

Parsvnath Q2 net soars 106%
More

IVRCL net doubles in Q2
More

Unitech net zooms on higher sales
Backed by higher sales and better price realisation, real estate major Unitech Ltd has posted 298 per cent increase in its consolidated net profit for the second quarter ended September 2007 to Rs 410.12 crore (Rs 103 crore). On a consolidated ... More

SOFTWARE
Patni Q3 net down 15.8%
Mumbai, Oct. 31 The city based IT services firm Patni Computer Systems has reported a 15.8 per cent fall in net profit for the third quarter ended September 30 at Rs 99.3 crore against Rs 117.9 crore recorded in the corresponding year ago ... More

ALUMINIUM
Hindalco Q2 net profit rises 8%
Rupee rise, customs duty cut hurt aluminium biz More

NBFCS
Magma Shrachi Q2 net up 77%
Kolkata, Oct 31 The profit after tax of Magma Shrachi Finance Ltd, for the quarter ended September 30, has increased to Rs 16.31 crore, registering an increase of 77 per cent over the Rs 9.21 crore achieved during the same quarter of 2006-07. ... More

PRIVATE BANKS
Other income lifts Centurion net
Backed by a growth in other income, Centurion Bank of Punjab has posted a 33.76 per cent in net profit at Rs 41.64 crore for the quarter ended September 30, 2007, against Rs 31.13 crore in the corresponding quarter of the previous ... More

PUBLIC SECTOR BANKS
Canara Bank rejigs credit portfolio; Q2 net up 11%
Focus on priority sector, retail growth curbed More

Bank of Baroda plans to raise Rs 3,000 cr
Q2 net at Rs 327 cr; robust growth in other income More

Central Bank goes slow on personal loans
Central Bank of India’s net profit for the half year ended September 30, 2007 went up by 3.26 per cent at Rs 222 crore against Rs 215 crore for the corresponding half-year period of the previous fiscal. “There has been only a ... More






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Oct. 21-Oct. 27
LIC Housing net rises on higher interest income

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