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Wednesday, November 01, 2006
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CORPORATE RESULTS

DIVERSIFIED
Raymond reports higher net, sales
Raymond Ltd has posted 2.5 per cent increase in net sales to Rs 358.62 crore (Rs 349.66 crore) for the second quarter ended September. Net profit after tax stood at Rs 141.47 crore (Rs 36.83 crore) and includes the proceeds of Rs 87.10 crore ... More

TELECOMMUNICATIONS
VSNL Q2 net rises 18 pc
VSNL on Tuesday reported an 18 per cent increase in its net profit at Rs 107 crore for the quarter ended September 30. The telecommunications major's revenues grew by 5 per cent to Rs 1,005 crore against Rs 961 crore for the corresponding quarter ... More

ENGINEERING
Punj Lloyd net zooms in H1
Punj Lloyd has reported a consolidated net income of Rs 2,022.5 crore (Rs 696 crore) for the first half. The profit after tax for the first half stood at Rs 59.83 crore (Rs 2.97 crore), according to a company release. The total ... More

PETROLEUM
IGL Q2 net rises 29 pc
Indraprastha Gas Ltd (IGL) has reported a 29 per cent increase in net profit at Rs 34.79 crore (Rs 27.03 crore) in the second quarter of the current fiscal. The turnover during quarter under review increased to Rs 177.3 crore (Rs 154.55 crore). ... More

PHARMACEUTICALS
Glenmark Q2 profit more than doubles
Excise benefits from Baddi plant, growth in domestic sales boost bottom line More

Matrix Labs Q2 profit slips
Matrix Laboratories Ltd, the Hyderabad-based pharma company recently acquired by Mylan Labs, has suffered a fall of 63.61 per cent in consolidated net profit during the second quarter of the current financial year ended September 2006, despite a ... More

POWER
PTC Q2 net dips 9 pc
PTC India Ltd has reported a dip in profit after tax by 9 per cent to Rs 8.65 crore (Rs 9.52 crore) in the second quarter. The total income during the quarter was up 53 per cent at Rs 1,318.54 crore (Rs 863.25 crore). For the first half of the ... More

CESC Q2 net rises 21%
CESC Ltd has registered a 21 per cent increase in net profit in the second quarter of 2006-07 at Rs 69 crore (Rs 57 crore). Total income during this period increased to Rs 697 crore (Rs 688 crore), a growth of six per cent. Profit before tax ... More

TEXTILES
Arvind Mills net down 85 pc
Downturn in denim market affects growth More

Visaka Ind Q2 net up 29 pc
Plans Rs 40-cr building boards facility More

Welspun India net up 45 pc
Welspun India Ltd, the flagship company of the Welspun Group, has posted 44.98 per cent rise in net profit to Rs 18.34 crore (Rs 12.65 crore) for the second quarter ended September. Net sales increased 78.64 per cent to Rs 276.44 ... More

PERSONAL PRODUCTS
Hind Lever net leaps 60 pc to Rs 520 cr in Q3
Profit includes exceptional income; `better product mix' helps improve gross margins More

New launches, competition keep HLL ad spends high
Selective price increases and a richer product mix have helped Hindustan Lever (HLL) maintain its operating margins during the September quarter at a time when FMCG players have been feeling the pressure of spiralling input costs. New product ... More

AUTOMOBILE COMPONENTS
Tube Investments Q2 net lower at Rs 26 cr
MD Sumit Banjerjee resigns on personal grounds More

Pricol net rises
COIMBATORE: Pricol Ltd's total income for the second quarter was up by nearly 20 per cent at Rs 147.44 crore (Rs 122.42 crore). After providing for interest and depreciation, the profit before tax was Rs 11.2 crore (Rs 8.3 crore). Net ... More

India Motor Parts net up
CHENNAI: India Motor Parts & Accessories Ltd has reported a net profit of Rs 3.23 crore on net sales of Rs 53 crore for the quarter ended September 30, 2006. During the corresponding period in the previous year, the company reported a net ... More

SOFTWARE
ICSA (India) Q2 revenue, net up
ICSA (India) has recorded total revenue of Rs 75.01 crore and net profit of Rs 14.97 crore for the second quarter ended September, against total revenues of Rs 17.02 crore and net profit of Rs. 3.39 crore for the corresponding ... More

TRADING
STC turnover crosses Rs 5,000 cr
Posts 48 pc rise in PAT at Rs 29 cr More

HEALTHCARE PRODUCTS
Dabur India net up 32 pc in Q2
Dabur India Ltd (Standalone) on Tuesday reported a growth of 32.17 per cent in its net profit for the second quarter ending September 30, to Rs 68.81 crore from Rs 52.05 crore in the same period of the previous year. Dabur India Ltd ... More

PRIVATE BANKS
KVB net rises 55%
Karur Vysya Bank's Q2 net profit is up by 54.76 per cent at Rs 42.56 cr against Rs.27.50 cr during the corresponding quarter of the earlier fiscal. Its total interest income swelled to Rs 208.95 cr (Rs 161.92 cr). Interest on advances grew ... More

CUB net up 31 pc
The Kumbakonam-headquartered City Union Bank (CUB) has reported an all-round growth resulting in higher top-line and bottom-line improvements this quarter. Its net profit increased by 31 per cent to Rs 16.31 crore (Rs 12.44 crore), while the ... More

Dhanalakshmi Bank H1 net doubles
The net profit of Dhanalakshmi Bank has risen by 195 per cent to Rs 7.02 crore (Rs 2.38 crore) for the first half of the current year. The gross profit grew by 27 per cent to Rs 18.02 crore (Rs 14.19 crore). The total income of the bank grew by ... More

FINANCIAL INSTITUTIONS
IDFC net rises 35%
Infrastructure Development Finance Company Ltd (IDFC) has recorded a 35.42 per cent rise in net profit to Rs 141.40 crore for the quarter ended September 30 against Rs 104.41 crore for the same quarter in the previous year, on a stand-alone ... More

SREI clocks 73-pc rise in Q2 net
SREI Infrastructure Finance Ltd has registered 56 per cent growth in net profit before taxes (PBT) for the half-year ended September. PBT rose to Rs 44.03 crore from Rs 28.20 crore in the corresponding previous period. Net profit grew 53 per ... More

RETAILING
Shopper's Stop net profit zooms
Shopper's Stop Ltd has posted an 81 per cent rise in net profit to Rs 7.39 crore (Rs 4.08 crore) for the quarter ended September 30. The retail chain has logged a 39 per cent increase in net sales to Rs 195.6 crore (Rs 140.5 crore). "The ... More






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Top Stories
More flexibility in overseas deals


MFs to gain from higher overseas investment

RBI's mid-term review of credit policy — Striking an internal-external balance

Steel cos may hike prices from today

Glenmark Q2 profit more than doubles

Buddhadeb justifies land acquisition for Tata project

VSNL Q2 net rises 18 pc

Bond market sees booster shot

Looking back
Oct. 22-Oct. 28
TVS Motor Q2 net drops 22.28%

Dr Reddy's Q2 net trebles on record sales

Bank of India net rises 61 pc on higher interest income



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