CORPORATE RESULTS
FINANCIAL SERVICES
Indiabulls income up at Rs 463.7 cr
Indiabulls Financial Services Ltd reported a 75 per cent increase in its net profit for the quarter ended March 31, to Rs 119.8 crore from Rs 68.4 crore in the corresponding quarter last year. The total income for this quarter jumped to Rs 463.7 ...
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TELECOMMUNICATIONS
Bharti’s Q4 net rises 37% as subscriber base widens
To invest $3.5 b this fiscal for network expansion
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CEMENT
Ambuja Cement net falls 42% on high input cost
Shutdown of kilns for maintenance also impacted bottomline
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ELECTRONICS
BEL logs 41% growth in net
Bharat Electronics Ltd posted fourth-quarter net profit of Rs 504.83 crore, 41 per cent higher year-on-year over Rs 357.12 crore. Net sales were 30 per cent higher at Rs 2,293.74 crore (Rs 1,734.17 crore).On a consolidated basis along ...
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PHARMACEUTICALS
Robust sales drive Cipla Q4 net up 43%
Mumbai, April 25 Cipla Ltd has posted a 43 per cent growth in net profit for the three months ended March 31, 2008, on the back of robust exports and increased domestic sales. Exports, which account for a lion’s share (about 59 ...
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TEXTILES
SRF posts Rs 139-cr PAT; to pay 20% final
New Delhi, April 25 SRF Ltd today reported a profit after tax (PAT) of Rs 139 crore on a revenue of Rs 1,615 crore for 2007-08. The company’s revenues declined 10.4 per cent from Rs 1,802 crore and net profit by 52 per cent from ...
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ELECTRICAL GOODS
ABB India Q1 profit up 36%
Rise in revenue volumes and operational efficiencies lifted power equipment maker ABB India’s profits 36 per cent to Rs 117.70 crore during the first quarter of 2008. A press statement from the company said revenues increased 17 ...
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Siemens net slides to Rs 1.6 cr
Rs 109 cr provided for anticipated losses on certain projects
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GEMS & JEWELLERY
Titan net climbs 60% on higher sales
Titan Industries posted a 59.64 per cent growth in net profit for the year 2007-08 at Rs 150.27 crore. Sales income grew 42.3 per cent to Rs 3,041 crore. According to Mr Bhaskar Bhat, Managing Director, Titan Industries, the company has ...
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SILK
Eastern Silks shifts focus to domestic market
Eastern Silk Industries Ltd, in a major initiative, has decided to shift focus to domestic market instead of relying wholly on exports. Mr G. Venkatesh, President of the company, told Business Line that the tricky global ...
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HOUSING FINANCE
LIC Housing Finance Q4 net up 32% on improved margins
Mumbai, April 25 LIC Housing Finance Ltd has reported a 32 per cent increase in its net profit for the quarter ended March 31, as margins improved.Net profit for the quarter amounted to Rs 118.10 crore against Rs 89.14 crore in the ...
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PUBLIC SECTOR BANKS
Market slump hits Andhra Bank Q4 net
Profits down 10.4%; fee-based income posts 110% rise
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SBH net dips 6.7% in Q4
State Bank of Hyderabad’s net profit decreased 6.7 per cent at Rs 186.23 crore in the fourth quarter of the financial year ended March 31 compared to Rs 199.54 crore in the corresponding quarter of previous fiscal year. The decline in the ...
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United Bank posts 19.5% rise in net profit
Kolkata, April 25 United Bank of India, which is yet to enter the market with an offer of public issue of equity shares, posted 19.5 per cent growth in net profit at Rs 318.95 crore in 2007-08 (Rs 267.28 crore in 2006-07).“The ...
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