Business Daily from THE HINDU group of publications
Wednesday, October 22, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, October 22, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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STEEL: Value addition boosts SAIL profit 18% in second quarter New Delhi, Oct 21 Steel Authority of India Ltd (SAIL) announced an 18 per cent increase in its profit after tax (PAT) for the second quarter of the current fiscal at Rs 2,009.6 crore, propelled by a 33 per cent increase in the production of ... IT TRAINING: NIIT net rises 41% in Q2 ‘Outlook for training sector positive; shift towards specialisation’. New Delhi, Oct .21 Talent development and IT training company NIIT Ltd on Tuesday posted 41 per cent rise in its consolidated net profit for the quarter ended ... TWO/THREE WHEELERS: Hero Honda Q2 net up 50% on rising volumes, cost cutting Co to benefit from softening commodity prices. Hero Honda Motors Ltd, which has about 55 per cent share of the country’s motorcycles market, boosted its net profit by 50 per cent to Rs 306 crore for the second quarter ended September ... PHARMACEUTICALS: Wockhardt Q3 net dips 43% Translational loss of Rs 55 cr due to external borrowing. Mumbai, Oct. 21 A translational loss on account of external borrowings dented drug-maker Wockhardt’s bottomline by about 43 per cent for the third quarter ended September ... SOFTWARE: Polaris Soft net up 89% Polaris Software Lab Ltd, the Chennai-based software company, reported 89 per cent increase in consolidated net profit to Rs 34 crore for the second quarter ended September 30, 2008, compared with Rs 18 crore for the corresponding quarter last ... PERSONAL PRODUCTS: Marico net up 11.6% Marico Ltd has posted a 11.6 per cent increase in net profit at Rs 47.1 crore for the second quarter. According to the company, the period under review witnessed significant volatility in the environment including those in input costs, in ... PETROLEUM: RNRL net rises 5% at Rs 20 cr Anil Ambani group company Reliance Natural Resources Ltd has achieved a 5 per cent increase in net profit for the September quarter at Rs 20 crore against Rs 19 crore in the year-ago quarter. The net sales for the quarter increased by 184 per ... TELECOMMUNICATIONS: BT revenues from India up 39% New Delhi, Oct. 21 BT (formerly British Telecom) on Tuesday said it has recorded a 39 per cent growth in its revenues from India in 2007-08 compared to the previous ... FINANCIAL SERVICES: Indiabulls Financial reports standalone net of Rs 44.8 cr Indiabulls Securities net dips to Rs 37.6 crore. Mumbai, Oct. 21 Indiabulls Financial Services has reported a standalone net profit of Rs 44.8 crore for the second quarter of the fiscal, against Rs 117 crore a year ... HCV/LCV/TRACTORS: Ashok Leyland net dips on interest costs, forex volatility Changes policy on accounting for ‘cash flow hedges’. Chennai, Oct 21 Hinduja Group flagship Ashok Leyland witnessed drop in net profit for its second quarter primarily due to doubling of interest costs and losses on account of ... SOFTWARE: Tech Mahindra net rises 67% Bangalore, Oct. 21 Flattish growth from its largest client British Telecom and currency volatility impacted Tech Mahindra’s topline growth in dollar terms, while the company reported a 67 per cent growth in net profit and 30 per cent ... NEWSPAPERS & PUBLISHING: HT Media Q2 net slips to Rs 16.3 cr Profits for the second quarter for HT Media, publishers of Hindustan Times and business daily Mint, were down by almost half to Rs 16.3 crore. Higher newsprint prices had affected margins, the company ... ENGINEERING: Sanghvi Movers: Noteworthy show Margins expand in testing times. The second quarter numbers of Sanghvi Movers, an established player in the business of renting out cranes, appear in line with ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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