The Hindu Business Line : Tuesday, February 03, 2009

CORPORATE RESULTS

AIRLINES: SpiceJet reports net loss of Rs 17.96 cr in Q3
The Delhi-based low-cost airline SpiceJet has reported a net loss of Rs 17.96 crore during the third quarter ended December 2008 against a net profit of Rs 9.33 crore reported during the same period in the ...

SOFTWARE: Mindteck net up at Rs 1.83 cr
IT services company Mindteck (India) Ltd reported a net profit of Rs 1.83 crore for the December quarter, compared with Rs 0.88 crore in the year-ago period. Revenue increased to Rs 68.70 crore, compared with Rs 23.59 crore in the ...

HARDWARE: Moser Baer Q3 loss rises on higher interest costs
New Delhi, Feb. 2 Moser Baer India has posted a net loss of Rs 25.65 crore for the quarter ended December 2008, against Rs 20.4 crore loss in the year-ago period, on the back of an increased ...

PETROLEUM: Fall in crude rates: Castrol India cuts prices
Mumbai Feb. 2 After a period of over six years, automotive and industrial lubricants maker Castrol India, which has a nearly 20 per cent share in the domestic automotive lubricants market, has cut prices of its products across its portfolio ...

PHARMACEUTICALS: Jupiter Bioscience Q3 net slips 4 pc

Hyderabad, Feb. 2 Jupiter Bioscience Ltd’s net profit decreased 4.1 per cent at Rs 7.56 crore in the third quarter ended December 31, 2008 compared with Rs 7.87 crore in the corresponding quarter of the previous ...

OUTSOURCING: Firstsource Solutions Q3 net down 44%
Mumbai, Feb. 2 Firstsource Solutions has reported a 44 per cent dip in net profit for the third quarter ended December 31, 2008, as it incurred one-time costs associated with recruitment of nearly 3,000 employees and commissioning of four ...

TEXTILES: Raymond slips into red on forex losses
Ahmedabad, Feb. 2 Raymond Ltd slipped into the red with a net loss of Rs 15.20 crore in its third quarter ended December 31against a net profit of Rs 9.36 crore in the corresponding period the previous ...

PHARMACEUTICALS: Granules India’s Q2 net down
Hyderabad, Feb. 2 Granules India Ltd’s net profit decreased at Rs 76 lakh in the second quarter ended December 31, 2008 compared with Rs 2.28 crore in the corresponding quarter of the previous financial year. Total revenue increased 36 ...

AUTOMOBILE COMPONENTS: Suprajit’s net down 39%
Bangalore, Feb. 2 A loss of about Rs 2 crore on account of foreign exchange rate fluctuation deflated the net profit by 39 per cent of Suprajit Engineering for the quarter ending December ...

ENGINEERING: Sadbhav Engg net rises 20%
Sadbhav Engineering Ltd, an infrastructure and development company, reported a 20 per cent increase in its third quarter net profit at Rs 14.37 crore as compared with Rs 13.68 crore of the same period the previous year. The income from ...

PHARMACEUTICALS: Anu's Labs net down
...

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Markets (Feb 02)

Nifty (at close)	2,786.80(-108.15)
US Dollar (Buy/Sell)	48.92/93
Brent crude (a bbl) Rs	2,203
Gold (a gram) Rs	1,302
Silver (a kg) Rs	21,205

IRDA to make more disclosures mandatory

Govt to allow Vannamei shrimp, sea bass culturing

Stress on collaboration to beat slowdown in pharma sector

Slowdown may dampen ad deals for Sania, Bhupathi

Looking back
Jan. 25-Jan. 31
Sterlite consolidated net dips 37% on fall in metal prices

RINL suffers Rs 213-cr loss

Hind Unilever numbers signal tougher times for FMCG

Oracle Financial net surges 147% at Rs 263 cr

Higher depreciation, forex losses dent Maruti

Tata Power Q3 net dips 49% to Rs 101 cr

PNB net profit grows 86% on surge in treasury income