CORPORATE RESULTS
TELECOMMUNICATIONS
Idea Cellular net up 45%
Mumbai, April 24 Aditya Birla group company Idea Cellular has reported a 45-per cent rise in quarterly net profit for March 2008 to Rs 278 crore from Rs 192 crore a year earlier.Total revenues for the sixth largest telecom operator in ...
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CEMENT
High input cost pulls ACC Q1 net down marginally
To spend Rs 4,000 cr to increase cement production capacity
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PHARMACEUTICALS
Nicholas Piramal to focus on customs manufacturing, better assets utilisation
Increased focus on profitability in the customs manufacturing business and better utilisation of assets will be the focus for drug-maker Nicholas Piramal India Ltd in the current year, the NPIL Chairman, Mr Ajay Piramal, said.Revenues ...
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PERSONAL PRODUCTS
Marico consolidated net rises 45%
Strong growth across its key brands has led Marico Ltd to register a 45 per cent increase in consolidated net profit at Rs 40.7 crore from Rs 28 crore for the quarter ending in March. Consolidated net sales grew by 18 per cent from Rs 397 crore ...
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CARS
Maruti's Q4 profit skids on higher depreciation costs
Rs 50-cr loss due to forex cover; board recommends 100% dividend
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Maruti Suzuki’s drive dented by higher costs
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TWO/THREE WHEELERS
Hero Honda rides on robust sales, launches
Says rising input costs remain a concern area
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HARDWARE
HCL Info net dips on higher taxation
New Delhi, April 24 HCL Infosystems Ltd today said it has registered a 7.4 per cent drop in its consolidated net profit for the third quarter ended March 2008, to Rs 81.48 crore, on account of a higher incidence of taxation incurred at its ...
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SOFTWARE
ICSA (India) Q4 revenues, net rise
Hyderabad, April 24 ICSA (India) Ltd posted revenues of Rs 212.03 crore and a net profit of Rs 37.46 crore for the quarter ended March 31, as against total revenues of Rs 101.04 crore and net profit of Rs 18.31 crore for the corresponding ...
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PAPER, BOARD & NEWSPRINT
Fibre price rise to put pressure on Hindustan Paper Corp’s margins
Kolkata, April 24 There has been a 30-40 per cent increase in the cost of raw materials for paper and newsprint manufacturing, Mr Raji Philip, Chairman and Managing Director, Hindustan Paper Corporation Ltd (HPC) has said. “Fibre prices ...
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PRIVATE BANKS
HDFC Bank net rises 37% on higher income
Higher provisioning made; no exposure to sub-prime meltdown
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PUBLIC SECTOR BANKS
SBM share demat almost done
Bangalore, April 24 State Bank of Mysore (SBM) is on the verge of completing the dematerialisation of its equity shares. Speaking to journalists here on Thursday, SBM’s Managing Director, Mr P.P. Pattanayak said, “The ...
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Central Bank net falls 15% on high cost of deposits
To raise Tier I capital after June
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Strong retail growth lifts SBT net up 18%
Thiruvananthapuram, April 24 State Bank of Travancore (SBT) has recorded a growth of 18.34 per cent in net profit during the financial year ended March 31.The net profit for the year stood at Rs 386.11 crore as against Rs 326.28 crore in the ...
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