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CORPORATE RESULTS
TELECOMMUNICATIONS:
RCom net dips on higher costs
Mumbai, April 30 Reliance Communications has reported a 3.2 per cent dip in consolidated net profit for the fourth quarter ended March 2009, impacted by increased costs and several ...
OUTSOURCING:
Firstsource Q4 net surges on FCCB gains
Buoyed by one-time gains associated with its buyback of foreign currency convertible bonds (FCCB), back office firm Firstsource Solutions has reported a 94.4 per cent rise in net profit for the fourth-quarter ended March 2009. Net profit ...
IT TRAINING:
Educomp net profit soars 74%
Educomp Solutions has registered a 74 per cent growth in its net profit at Rs 54.5 crore for the quarter ended March 31, 2009 against Rs 31.46 crore for the corresponding period last year. The net sales stood at Rs 183.90 crore against Rs ...
SOFTWARE:
Patni Q1 net rises 5%
The country’s sixth largest software exporter Patni Computer Systems has reported a five per cent rise in net profit for the first quarter ended March 2009 as the company was able to pare its mark-to-market foreign exchange losses in ...
SOFTWARE:
KPIT Cummins net up 28% at Rs 66 cr
KPIT Cummins Infosystems Ltd, IT consulting and specialist solutions player, has recorded total revenues of Rs 793.1 crore for FY09 against Rs 583.45 crore for FY08, registering a growth of 36 per cent over the previous year. Net profit stood at ...
SILK:
Eastern Silk net drops
Eastern Silk reported lower net profit at Rs 21.23 crore in 2008-09 against Rs 58.14 crore in 2007-08 owing to losses in foreign exchange contracts and economic slowdown affecting the textiles sector. The foreign exchange loss during the year ...
CEMENT:
Shree Cement Q4 net rises
Shree Cement recorded a turnover of Rs 806 crore in Q4 of 2008-09 against Q3 figure of Rs 665.41 crore and Q4, 2007-08 number of Rs 662 crore. Net profit grew to Rs 235.64 crore from Rs 123.94 crore in Q3 and Rs 41.08 crore in Q4 of 2007-08. ...
TYRES:
JK Tyre Q2 net dips 40%
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TELECOMMUNICATIONS:
MTNL blames higher wage cost, delay in equipment supply for Q4 losses
New Delhi, April 30 Mahanagar Telephone Nigam Ltd has blamed lack of adequate capacity, higher wages and restricted market in Delhi and Mumbai for its lacklustre performance in the fourth ...
HCV/LCV/TRACTORS:
Eicher Motors net up 45% on income from surplus funds
New Delhi, April 30 Commercial vehicle maker Eicher Motors has reported a 45 per cent increase in its net profit to Rs 24 crore for the first quarter ended March 31, 2009 compared with Rs 16.5 crore in the same period the previous ...
PRIVATE BANKS:
South Indian Bank net up 28%
Kochi, April 30 The net profit of South Indian Bank has grown by 28 per cent to Rs 194.75 crore (Rs 151.62 crore last year) for the year 2008-09. Despite the adverse economic environment prevailing over the economy in general and the ...
ENGINEERING:
Alfa Laval Q1 profit rises 9%
Pune, April 30 Equipment manufacturing and process technology company Alfa Laval India Ltd (ALIL) has posted a net profit of Rs 24.1 crore during Q1 2009, an increase of 9 per cent over Rs 22.1 crore in the same quarter last ...
PHARMACEUTICALS:
Suven Life Q4 net down 82%
Hyderabad, April 30 Suven Life Sciences’ net profit declined 82.7 per cent at Rs 35 lakh in the fourth quarter ended March 31, 2009 compared with Rs 2.03 crore in the corresponding quarter of ...
PUBLIC SECTOR BANKS:
United Bank net profit dips 42%
Kolkata, April 30 United Bank of India has posted a 45 per cent rise in operating profit at Rs 677 crore (Rs 467 crore in the previous year) and a 42 per cent dip in net profit to Rs 185 crore (Rs 319 crore) during the year ended March 31, ...
HARDWARE:
Moser Baer posts Rs 43-cr net in Q4
New Delhi, April 30 Moser Baer India on Thursday registered a net profit of Rs 42.9 crore for the fourth quarter ended March 2009, against a loss of Rs 71.7 crore in the year-ago period. The company benefited from a recovery in optical ...
FOOD & DAIRY PRODUCTS:
Nestle posts 23% growth in Q4 net
New Delhi, April 30 Nestle, the maker of Maggi noodles and KitKat chocolate, reported a 23 per cent growth in net profit at Rs 197.30 crore during the first quarter ended March 31, 2009. Nestle had reported Rs 160.15 crore net profits during ...
AUTOMOBILE COMPONENTS:
Sona Koyo posts Rs 4.8-cr loss on auto industry slowdown
New Delhi, April 30 A slump in vehicle sales combined with high raw material costs and forex losses led to Sona Koyo Steering System post a loss of Rs. 4.8 crore for the fourth quarter ended March 31, 2009 against a net profit of Rs. 1.2 ...
REAL ESTATE & CONSTRUCTION:
Madhucon Projects Q4 net slips 57%
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HOTELS:
Taj GVK Q4 net, revenue dip
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CINEMA:
UTV Software net dips 40% in Q4
Our Bureau Mumbai, April 30 UTV Software Communications has posted a 40 per cent fall in net profit at Rs 11.23 crore for the fourth quarter (Rs 18.75 crore in 2007-08) due to losses in broadcasting, gaming and new media divisions. ...
STEEL:
Jindal SAW net up 14% in Q1
New Delhi, April 30 Jindal SAW, the makers of submerged arc welded (SAW) pipes largely used in the energy industry for oil and gas, reported a 14.57 per cent growth in net profit at Rs 97.85 crore during the quarter ended March ...
TELECOMMUNICATIONS:
Astra Microwave's net down
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