Business Daily from THE HINDU group of publications
Friday, January 23, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, January 23, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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PETROLEUM: Reliance’s net profit down first time in 12 quarters Volatility in prices, lower refining margins hit bottomline. Mumbai, Jan. 22 Reliance Industries Ltd said its third quarter net profit fell 9.8 per cent as it processed less crude, and at lower refining ... PHARMACEUTICALS: Ranbaxy reports net loss of Rs 806 cr Early adoption of new accounting standard, forex losses impact performance. New Delhi, Jan. 22 Ranbaxy Laboratories Ltd on Thursday reported a net loss of Rs 806.54 crore (on a standalone basis) for the quarter ended December 31, 2008 compared ... PUBLIC SECTOR BANKS: Bank of India net rises 70% on higher income Credit growth in retail segment flat. Mumbai, Jan. 22 Bank of India recorded a 70-per cent growth in net profit at Rs 872 crore, for the quarter ended December 31, 2008, against Rs 512 crore in the corresponding quarter last year. The growth ... TELECOMMUNICATIONS: Bharti Q3 net rises 25% on record subscriber additions New Delhi, Jan. 22 Riding on a record number of subscriber additions Bharti Airtel Ltd on Thursday announced a 25 per cent increase in its net profit to Rs 2,159 crore for the third quarter ended December 31, 2008 compared with Rs 1,722 ... ENGINEERING: Slowdown tells on Bharat Forge numbers Standalone net falls 93% in Q3. Pune, Jan. 22 Bharat Forge’s third quarter results reflect the slowdown in the automobile market, with its domestic operations showing a 93 per cent drop in net profit while its consolidated results, ... TELECOMMUNICATIONS: Idea Q3 net dips 7% Consolidation of Spice shareholding weighs on numbers. Mumbai, Jan. 22 Idea Cellular has reported a 7.2 per cent dip in its consolidated net profit for the third quarter ended December 31, 2008 at Rs 219.5 crore, against Rs 236.7 crore reported ... PHARMACEUTICALS: Neuland Lab net down 54% Neuland Laboratories Ltd’s net profit decreased 54.7 per cent at Rs 1.83 crore in the quarter ended December 31, 2008 compared with Rs 4.04 crore in the corresponding quarter of previous financial year. The revenue, however, increased 46.3 ... PRIVATE BANKS: Kotak Mahindra Bank net declines 30% on fall in income Mumbai, Jan. 22 Kotak Mahindra Bank posted a lower net profit of Rs 71 crore for the third quarter of 2008-09, compared with Rs 101 crore in the corresponding quarter last year. The 30 per cent fall in net profit was due to a fall in ... TWO/THREE WHEELERS: TVS Motor posts net loss in Q3 Chennai, Jan. 22 TVS Motor Company has reported a net loss of Rs 95 lakh for the third quarter of the current year compared with a net profit of Rs 5.83 crore in the corresponding quarter of ... ENGINEERING: Praj Ind Q3 income rises to Rs 210 cr Pune, Jan. 22 Praj Industries, a biofuels technology and brewery engineering company, has recorded an income from operations of Rs 210.05 crore for the third quarter of the current fiscal as against Rs 180.23 crore, an increase of 16 per ... PHARMACEUTICALS: Cipla Q3 net up; sales post growth Mumbai, Jan. 22 As is the case with other sectors, the next 12 months will be difficult, as a result of the uncertainity and economic gloom in the global market, observes Mr Amar Lulla, Cipla’s Chief Executive ...
PHARMACEUTICALS:
Piramal Healthcare Q3 net down on forex loss Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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