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Friday, October 20, 2006
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CORPORATE RESULTS

FINANCIAL SERVICES
Emkay Share PAT at Rs 2.29 cr
Emkay Share and Stock Brokers Ltd has recorded a total income of Rs 11.87 crore in the second quarter ended September 30 while the net profit after tax was Rs 2.29 crore. The company was not listed last year. For the six month ... More

OUTSOURCING
Allsec's net up
Allsec Technologies Ltd, a Chennai-based company, has reported increased net profit of Rs 7.40 crore for the quarter ended on September 30 compared with a net profit of Rs 5.82 crore for corresponding quarter last year, a 27 per ... More

CEMENT
ACC Q3 net marginally down
ACC Ltd has reported a net profit of Rs 225 crore for the third quarter of the current fiscal ended September 30, 2006, marginally lower than Rs 228 crore posted during the corresponding quarter of the previous year. Its last year net was boosted ... More

ENGINEERING
L&T Q2 net up 41 pc
Engg and construction sees 9 pc rise in revenues More

Ingersoll Rand to pay interim
Ingersoll Rand India Ltd has declared an interim dividend of Rs 3 per share (30 per cent) for fiscal 2006-07 on the back of surging profits during the quarter ended September 30. The company reported a net profit of Rs 14.7 crore ... More

PETROLEUM
Reliance net rises 9 pc to Rs 2,709 cr
Higher raw material costs impact refining margins More

Petrochem comes to Reliance rescue
Reliance Industries' refining business, as anticipated, was an under-performer during the second quarter. The growth momentum was provided by the petrochemicals business, which had its fair share of challenges during the quarter in terms of a ... More

ONGC sees marginal rise in Q2 net
Hazira shutdown, higher operational staff cost seen as reasons More

PHARMACEUTICALS
Ranbaxy net rises seven-fold
Driven by growth in key geographies; to pay 50 pc interim More

Lupin Q2 net rises 29 pc on sale of finished medicines
Despite its bulk-drugs business being virtually flat, Lupin Ltd has clocked a 29 per cent growth in net profit for the second quarter ended September 30, 2006. The company has posted a net profit of Rs 58.30 crore for the quarter ended September ... More

Orchid Chemicals net rises to Rs 29 cr
Orchid Chemicals & Pharmaceuticals has reported a net profit of Rs 29.45 crore for the second quarter of the current year against Rs 27.22 crore in the corresponding quarter of last year. Turnover for the quarter increased to Rs 245.73 crore ... More

Panacea Biotec net doubles
NEW DELHI: Panacea Biotec Ltd has reported a 104 per cent jump in net profit at Rs 46.5 crore for the quarter ended September 30, from Rs 22.8 crore during the same period last fiscal. The company's net sales were up at Rs 174.2 crore, from Rs ... More

PLASTICS
Finolex net zooms on higher sales
Finolex Cables Ltd has recorded net sales of Rs 276.10 crore for the second quarter of the current fiscal against Rs 168.12 crore for the corresponding period last year, a growth of 64 per cent. Sales for the first half of the current fiscal ... More

POWER
Reliance Energy net up 17 pc
Reliance Energy Ltd (REL) has reported 16.8 per cent increase in net profit for the second quarter ended September 2006. The company's net profit amounted to Rs 186.39 crore against Rs 159.57 crore in the corresponding previous period. Total ... More

STEEL
Ispat Ind Q2 net at Rs 2.32 cr
Ispat Industries Ltd (IIL) has reported a net profit of Rs 2.32 crore for the second quarter ended September 30, 2006, as against a net loss of Rs 363.01 crore in the same quarter last fiscal, according to a company release. The company's ... More

SUGAR
E.I.D. Parry Q2 net at Rs 26 cr
E.I.D. Parry (India) Ltd has reported a net profit of Rs 26.31 crore (Rs 27.99 crore) on net sales of Rs 159.1 crore (Rs 209.02 crore) for the second quarter ended September 30, 2006. According to a company release, the board has approved a ... More

HOUSING FINANCE
Dewan Housing net rises 23 pc
Dewan Housing Finance Ltd (DHFL) has reported a 23.43 per cent increase in net profit at Rs 11.43 crore (Rs 9.26 crore) for the quarter ended September 30, 2006. Total income rose 40.9 per cent to Rs 76 crore (Rs 53.93 crore) while total ... More

HDFC net up 23% in Q2
Middle income segment driving home loans growth More

PRIVATE BANKS
IDBI net 6 pc higher in Q2
Other income falls to Rs 192.61 cr; treasury income rises to Rs 650.6 cr More

Interest income lifts Kotak Bank net
Robust growth in net interest income has helped Kotak Mahindra Bank Ltd post a net profit of around 12 per cent at Rs 34.8 crore (Rs 31.18 crore) in the second quarter ended September 30, on a standalone basis. Total income has also grown to ... More

PUBLIC SECTOR BANKS
Canara Bank net rises; core banking is driver
To finalise insurance partner by Q3 More






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