Business Daily from THE HINDU group of publications
Tuesday, January 22, 2008
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CORPORATE RESULTS

CEMENT
Binani Cement net zooms to Rs 54 cr
Mumbai, Jan. 21 Binani Cement Ltd (BCL) posted a 209 per cent jump in net profit for the quarter ended December 2007 at Rs 54 crore against Rs 17.45 crore clocked in the same period last year.During the December quarter, the company has ... More

PETROLEUM
ONGC net dips 6.4% in Q3 on higher subsidy bill, rupee impact
New Delhi, Jan 21 Higher subsidy bill and rupee appreciation have made a dent on ONGC’s profits for the third quarter of the current financial year (2007-08). The oil and gas exploration major on Monday reported a 6.4 per cent dip in net ... More

PHARMACEUTICALS
Glenmark consolidated Q3 net profit jumps 48%
Eli Lilly milestone payment, US operations drive profits More

STEEL
Jindal Stainless net dips 55%
Jindal Stainless Ltd (JSL), the country’s largest stainless steel manufacturer, has reported a 55.24 per cent dip in the net profit for the third quarter ended December 2007. The company’s net profit for the quarter was at Rs 50.6 ... More

GEMS & JEWELLERY
Titan posts 11% rise in Q3 net
Jewellery division outshines watches More

SOFTWARE
Nucleus net up 11% in Q3
New Delhi, Jan 21 Nucleus Software Exports Ltd on Monday registered 11.41 per cent rise in its net profit for the third quarter ended December 2007 to Rs 15.53 crore, on the back of rupee appreciation and accelerated investments in products ... More

Volume-driven growth
Satyam Computer Services has delivered a reasonable set of numbers for the December quarter. Revenues rose 8.06 per cent over the previous quarter to Rs 2195.6 crore, on a sequential basis. The operating profits and net profits grew 17 and 6 ... More

Satyam Q3 net rises 29%
Revenue guidance revised upwards at $2.1 b More

Tanla revenue, profit up in Q3
More

PRIVATE BANKS
Loans buoy Kotak Mahindra Q3 net
Mumbai, Jan 21 Kotak Mahindra Bank (KMB) has reported a 124 per cent growth in Q3 net profit at Rs 102 crore on a standalone basis against Rs 45 crore in the corresponding quarter of the previous year.Mr Jaimin Bhatt, Chief Financial ... More

HDFC Bank posts strong growth; net up 45%
Share of low cost deposits at 51% More

Centurion Bank net rises 44%
Mumbai, Jan. 21 Centurion Bank of Punjab posted net profit of Rs 48.27 crore for the quarter ended December 31, 2008, up 44 per cent from Rs 33.51 crore in the corresponding quarter last year, on account of growth in income. The bank ... More

PUBLIC SECTOR BANKS
State Bank of Indore’s biz tops Rs 40,000 cr
The business level of State Bank of Indore, a subsidiary of SBI, during the quarter ended December 31, 2007, has crossed the Rs 40, 000 crore-mark and this growth from Rs 30,000 crore has come in a period of just 18 months, the bank said in a ... More

BEARINGS, CASTINGS & FORGINGS
Bharat Forge Q3 revenue up 16%
Pune, Jan 21 Forging and auto component company Bharat Forge Ltd (BFL) has announced that its Q3 revenue stands at Rs 572 crore, a growth of 16 per cent year-on-year. The EBITDA at Rs 152 crore is up 8 per cent in the same period. ... More






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Looking back
Jan. 13-Jan. 19
LIC Housing Finance Q3 net rises 38%

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Growth across segments boosts NPIL net 70%


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