The Hindu Business Line : Friday, February 02, 2007

ENGINEERING
Thermax Q3 net profit rises 88%
Thermax Ltd has announced net profit at Rs 55.5 crore for the quarter ended December 2006, up 88.2 per cent from Rs 29.5 crore in the corresponding quarter last year. The nine-month profit at Rs 118.1 crore was 45.3 per cent higher YoY. Sales ... More

PHARMACEUTICALS
Matrix posts loss; revenues at Rs 395.3 cr
Matrix Laboratories Ltd (MLL), which was acquired by Mylan Laboratories of US, has posted a net loss of Rs 90 lakh on a consolidated net sales of Rs 395.3 crore for the third quarter ended December 31, 2006. MLL cited an unfavourable impact ... More

POWER
Lanco Infratech Q3 net at Rs 52 cr
Lanco Infratech Ltd has recorded consolidated operational income of Rs 429.34 crore and a net profit of Rs 51.68 crore for the third quarter ended December 31, 2006, as against total income of Rs 14.96 crore and a net profit of Rs 3.62 crore for ... More

SOFTWARE
MphasiS Q3 net dips 12% to Rs 36 cr
MphasiS' consolidated net profit for the quarter-ended December 31, 2006 declined 12 per cent to Rs 35.8 crore as compared to Rs 40.8 crore in the corresponding last quarter. Revenues grew by 26 per cent to Rs 306 crore over the same quarter last ... More

PAPER, BOARD & NEWSPRINT
Orient Paper Q3 net zooms
Orient Paper, part of the GP-CK Birla Group, reported an increase of 543.48 per cent in its net profit for the third quarter ending December 31, 2006, to Rs 36.55 crore from Rs 5.68 crore in the corresponding period last year. The company also ... More

PRIVATE BANKS
Provisioning dents City Union net
City Union Bank's net profit has risen by Rs 1.43 crore to Rs 13.86 crore during the third quarter. Bank sources told Business Line that the bank had incurred a one-time expenditure of Rs 4 crore towards provisioning for gratuity. "This provision ... More

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3.9% increase in oil product sales in Dec

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ACC fourth quarter net doubles to Rs 358 cr

Whether Tatas gain or not, banks will win

Corus is a good buy for the Tatas: StanChart CEO

Panel clears ground handling policy for 6 metro airports

Cricket, Big B outdo Shah Rukh on KBC 3

Looking back
Jan. 21-Jan. 27
India Cements 9-month net up at Rs 310 cr; losses wiped out

Generic sales inject more profits for Dr Reddy's

Indian Hotels Q3 net profit rises 43 pc at Rs 88 cr

Bank of Baroda posts 63-pc rise in Q3 net

IOB posts 25-pc rise in net on higher income

High material costs drag down TVS Motor Q3 net