Financial Daily from THE HINDU group of publications
Thursday, January 12, 2006
Markets (January 10)
BSE Sensex9445.30(-138.15)
S&P CNX Nifty2870.80 (-39.30)
US Dollar (Buy/Sell)44.25/44.38


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CORPORATE RESULTS

PLASTICS


Sintex Q3 net up 31pc
PLASTIC tanks and textiles manufacturer Sintex Industries Ltd has reported a 31-per cent increase in net profits at Rs 20.36 crore in the third quarter of the current financial year. Sintex had reported a net profit of Rs 15.51 crore in ... More

AUTOMOBILE COMPONENTS


Exide Q3 net rises 3%
EXIDE Industries Ltd declared a gross turnover of Rs 431.9 crore and an operating profit of Rs 53.31 crore for the quarter ended December 2005, thereby showing a 17.2-per cent rise in gross turnover and 38 per cent rise in operating profit ... More

SOFTWARE


Infosys Q3 net up 31 pc — Volatile rupee hits profitability
A VOLATILE rupee impacted the profitability of Infosys Technologies for the third quarter ended December 2005, which fell marginally short of analysts' expectations. Sluggish volume growth of a little over 6 per cent against the double-digit ... More

Infosys to review hedging policy — `Rupee volatility very high this quarter, we have to be slightly more active'
STUNG by the impact of the rupee volatility, Infosys may review its hedging policy. The company has hedged $300 million by taking range-bound options and has marked them to the market, said Mr T.V. Mohandas Pai, Chief Financial Officer. "We ... More

MphasiS Q3 net rises 52 pc
MPHASIS BFL has posted a 52-per cent growth in its net profitfor the quarter ended December 2005 at Rs 40.84 crore compared to Rs 26.85 crore in the corresponding period last year. Consolidated revenues for the quarter grew by 26 per cent to Rs ... More

iGATE operating profit up 127 pc in 3rd quarter
iGATE Global Solutions Ltd said on Wednesday that its operating profits for the third quarter ended December 2005 grew by 127 per cent to Rs 19.71 crore from Rs 8.66 crore in the corresponding quarter last year. However, the company's net ... More




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