Business Daily from THE HINDU group of publications
Friday, October 19, 2007
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Markets (Oct. 18)
BSE Sensex17998.39 (-717.43)
S&P CNX Nifty5351 (-208.30)
US Dollar39.84


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CORPORATE RESULTS

CEMENT
ACC net profit in Q3 rises 30% on better realisations
Mumbai, Oct 18 Cement major ACC has reported a 30 per cent jump in net profit to Rs 292 crore in third quarter of the financial year 2008 against Rs 225 crore logged in the same period last year.Sales turnover of the company, an ... More

PETROLEUM
Reliance net rises 28%; turnover up 6%
On higher refining margins, petrochem business More

Higher sales drive Petronet Q2 profit after tax up 75%
Co starts supplying LNG to Ratnagiri Gas More

PHARMACEUTICALS
Ranbaxy Q3 net profit up 48% on forex gains
Emerging markets drive global sales More

Strong rupee, staff costs drag Unichem net
Mumbai, Oct 18 A strong rupee and increasing staff costs have resulted in drug maker Unichem Laboratories seeing a 21 per cent dip in net profit for the three months ended September 30, 2007. The company clocked a net profit after tax ... More

AUTOMOBILE COMPONENTS
Sona Koyo PAT up at Rs 8.8 cr in Q2
New Delhi, Oct. 18 Sona Koyo Steering Systems Ltd, part of the Sona Group, on Thursday posted a profit after tax at Rs 8.8 crore during the second quarter ended September 2007 as against Rs 6.4 crore in the same period last year. The ... More

TWO/THREE WHEELERS
Hero Honda Q2 net down 5% on high input costs
New Delhi, Oct 18 Increased pressures on margins mainly due to high input costs has led to Hero Honda Motor Company on Thursday posting a five per cent decline in its net profit for the second quarter ended September 2007 as against the ... More

REAL ESTATE & CONSTRUCTION
Omaxe Q2 net jumps on higher volumes
New Delhi, Oct. 18 Buoyed by volumes and higher realisation, real estate company Omaxe today posted a net profit of Rs 160.35 crore for the second quarter of the fiscal, a growth of 119 per cent over the first quarter, and announced a new ... More

SOFTWARE
Tanla Q2 net up at Rs 36.6 cr
Tanla Solutions Ltd has recorded revenues of Rs 111.41 crore and a net profit of Rs 36.58 crore for the second quarter ended September 30, 2007 against a total income of Rs 47.39 crore and a net profit of Rs 19.65 crore for the corresponding ... More

Hexaware net falls on Re rise, salary hikes
Sub-prime mortgage crisis hits subsidiary revenue More

KPIT Cummins Q2 net up at Rs 14.1 cr
Pune, Oct. 18 IT, engineering and BPO player KPIT Cummins Infosystems Ltd has recorded revenues of Rs 149.2 crore for the second quarter of the current fiscal, up by 30.88 per cent compared to the corresponding quarter of the previous ... More

Megasoft Q3 revenue, net up
Megasoft Ltd has recorded consolidated revenues of Rs 76.81 crore and a net profit of Rs 16.29 crore for the third quarter ended September 30, 2007 against revenues of Rs 42.92 crore and a net profit of Rs 9.41 crore for the corresponding quarter ... More

BIO-TECH & GENETICS
Biocon net grows 22% on branded formulations
Eyeing acquisitions in US, Europe More






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Union Budget 2007-08

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Looking back
Oct. 7-Oct. 13
HDFC Bank’s customer assets rise 33%


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