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CORPORATE RESULTS

DIVERSIFIED: L&T net profit up 3% at Rs 998 cr in March quarter
Company looks to Govt projects. Mumbai, May 28 Larsen & Toubro has reported a net profit of Rs 998.52 crore for the quarter ended March 31, 2009 which marks a three per cent increase from Rs 966.76 crore posted in the same period last year. ...

CARS: Mahindra’s Q4 net rises 89% to Rs 418 cr
Savings on forex, stake sale in Swaraj Mazda boost bottomline. Mumbai, May 28 Mahindra & Mahindra has reported an 89 per cent growth in net profit at Rs 418 crore for the fourth quarter of 2008-09 as against Rs 221 crore in the same period ...

CHEMICALS: Tata Chem full-year net dips 52%
Mumbai, May 28 Tata Chemicals has posted a net profit of Rs 452.05 crore for the year ended March 31, 2009, a fall of 52 per cent from Rs 949.18 crore the preceding fiscal. Total income more than doubled to Rs 8,399 crore from Rs 4,075.63 ...

ENGINEERING: Cummins Q4 sales income slips 8%
Pune, May 28 Both sales income and net profit of diesel and gas engines maker Cummins India Ltd (excluding CSS and CASL) saw a drop during the last quarter of financial year 2009 against the figures of the corresponding period in 2007-08. ...

PRIVATE BANKS: KVB net rises 18.8% in Q4
Coimbatore, May 28 Karur Vysya Bank has registered an 18.83 per cent growth in net profit to Rs 83.82 crore for the quarter ended March 2009 against Rs 70.52 crore during the corresponding ...

POWER: Tata Power Q4 net rises 58%
Mumbai, May 28 Tata Power has posted a net profit of Rs 354 crore for the quarter ending March 31, 2009 a 58 per cent jump from Rs 224 crore reported in the same period last year. This was largely due to a result of gains from sale of ...





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Markets (May 28)
Nifty (at close)4,337.10(+60.95)
US Dollar (Buy/Sell)47.60/62
Brent crude (a bbl) Rs2,894
Gold (a gram) Rs1,363
Silver (a kg) Rs24,200


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