Business Daily from THE HINDU group of publications
Saturday, July 26, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Saturday, July 26, 2008 ePaper | Mobile/PDA Version | Audio |
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CORPORATE RESULTS PERSONAL PRODUCTS: Cost management, price hikes take Hind Unilever net up 13% Mumbai July 25 Despite inflationary pressure, FMCG major Hindustan Unilever Ltd (HUL) registered a 13-per cent growth in its net profit for the quarter ended June 30, 2008, mostly driven by higher volumes in personal care products and ... DIVERSIFIED: Grasim Q1 profit stays flat Rising input cost seen as the reason. Mumbai, July 25 Grasim Industries, an Aditya Birla flagship company, has reported a flat growth 0.49 per cent rise in net profit at Rs 514 crore in the first quarter ended June 30, 2008 against Rs 512 ... AUTOMOBILE COMPONENTS: Exide to invest Rs 180 cr on capacity expansion First quarter net profit rises 17%, turnover 34%. Kolkata, July 25 Exide Industries Ltd will invest Rs 180 crore towards capacity expansion of both automotive and industrial batteries in this fiscal. ... HOTELS: Indian Hotels clocks 12% rise in Q1 net Signs management contract for properties in China. Mumbai July 25 Indian Hotels Co, which owns the luxury Taj chain of hotels, has notched up a nearly 12 per cent increase in net profit for the quarter ended June 30, 2008, mostly driven by ... FINANCIAL SERVICES: Indiabulls, Emkay, JM Financial report dip in consolidated net Future outlook remains cautious. Mumbai, July 25 The consolidated net profits reported by three broking houses for the quarter ended June 30, 2008, were down. ... PUBLIC SECTOR BANKS: Union Bank Q1 net profit marginally up at Rs 228 cr Makes marked-to-market provision of Rs 339 cr on bond portfolio. Union Bank of India reported a flat net profit of Rs 228 crore for the quarter ended June 30, 2008, against Rs 225 crore in the same quarter last year. According to the bank, the ... PRIVATE BANKS: Karnataka Bank net slips on provision for depreciation Net interest income up 13.16% at Rs 140.78 cr in Q1. Mangalore, July 25 Karnataka Bank Ltd has registered a decline of 60 per cent in net profit at Rs 20.70 crore in the first quarter of 2008-09 as against Rs 51.79 crore in the corresponding ... PETROLEUM: MRPL net grows 129% in Q1 Mangalore, July 25 Mangalore Refinery and Petrochemicals Ltd (MRPL) has registered a net profit after tax of Rs 845 crore in the first quarter of 2008-09 as against Rs 368 crore in the corresponding period of the previous fiscal, recording a ... OUTSOURCING: Zensar Tech: First quarter revenue, PAT up Pune, July 25 Zensar Technologies, a player in the IT and BPO services segment, has recorded a 85 per cent rise in profit after tax of Rs 24.73 crore for the first quarter of the current fiscal as compared with Rs 13.35 crore for the ... POWER: Tata Power net sales up 36% Mumbai, July 25 Tata Power Company Ltd posted a flat net profit at Rs 190.55 crore for the quarter ended June 30 against Rs 190.20 crore in the corresponding quarter last year. ... CEMENT: Ambuja Cements profit dips 34% Mumbai, July 25 Ambuja Cements has reported a 34 per cent fall in net profit at Rs 577 crore in the first quarter ended June 30, against Rs 878 crore recorded in the same period last year. ... PRIVATE BANKS: Karur Vysya Q1 net profit declines to Rs 30.54 cr Coimbatore, July 25 Karur Vysya Bank’s net profit slipped to Rs 30.54 crore during the first quarter of the current fiscal, against Rs 47.95 crore during the corresponding quarter of the previous ... ELECTRICAL GOODS: ABB net profit in Q2 increases to Rs 132 cr Bangalore, July 25 ABB India Ltd’s net profit during the second quarter of the current fiscal rose 21 per cent to Rs 132 crore driven by rising orders, which grew 11 per cent to Rs 221 crore. ... PERSONAL PRODUCTS: Godrej Consumer Q1 standalone net dips 4% Mumbai, July 25 High input costs and unusual advertisement and promotion spends pulled down Godrej Consumer Products Ltd (GCPL’s) net profit by 4 per cent to Rs 34.3 crore in the first quarter of the current fiscal against Rs 35.8 ... SOFTWARE: Other income lifts i-flex net Mumbai, July 25 A significant increase in other income coupled with increased momentum across its suite of offerings has bolstered Oracle-owned financial services firm, i-flex solutions, to report a 188 per cent growth in net profit for the ... PRIVATE BANKS: Rise in interest income lifts IndusInd Q1 net Mumbai, July 25 Aided by an increase in interest income, IndusInd Bank’s net profit increased to Rs 19.10 crore in the first quarter of 2008-09, up 44.48 per cent, from Rs 13.22 crore in the previous year’s corresponding ... MINERALS: NMDC net soars 56% in Q1 Hyderabad, July 25 National Mineral Development Corporation Ltd has reported a 56.81 per cent increase in the net profit for the first quarter ended June 30, 2008. ... OUTSOURCING: 3i posts 44% rise in net Mumbai, July 25 IT services firm 3i Infotech has reported a 44.1 per cent rise in net profit for the first quarter ended June 30, 2008. The company’s net profit was Rs 58.10 crore as against Rs 40.3 crore recorded in the same quarter ... PERSONAL PRODUCTS: Emami Assam plant to go on stream in Aug Kolkata, July 25 Emami Ltd’s Rs 40-crore new plant at Abhoyput in Guwahati would begin commercial production in ...
PERSONAL PRODUCTS:
Marico Q1 net up 15% on volume expansion Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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