CORPORATE RESULTS
TELECOMMUNICATIONS
Idea Q2 net doubles on expanded subscriber base
Awaits spectrum to roll out services in Mumbai and Bihar
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CEMENT
Binani Cement net trebles
Mumbai, Oct. 25 Binani Cement has posted 216 per cent rise in net profit at Rs 47.87 crore for the quarter ended September 30, against Rs 15.11 crore recorded in the same period last year.Gross sales rose to Rs 250.53 crore (Rs 176.74 ...
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ENGINEERING
Pennar sales up 26% at Rs 127.8 cr
Pennar Industries Ltd has recorded sales income of Rs 127.88 crore and profit of Rs 7.82 crore for the quarter ended September 30, 2007, against income of Rs 116.5 crore and profit of Rs 6.19 crore for the corresponding quarter last year. This ...
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PETROLEUM
Cairn India consolidated net at Rs 23 cr in 3rd quarter
New Delhi, Oct. 25 Cairn India Ltd has reported a consolidated net profit of Rs 23.2 crore in the third quarter of 2007 against a loss of Rs 71 crore posted in the second quarter. The consolidated revenue of Cairn India and its subsidiaries ...
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Gujarat Gas net rises 60%
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Gulf Oil revenue, net up
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PHARMACEUTICALS
Strong rupee impacts Cipla’s performance
Mumbai, Oct. 25 Drug-maker Cipla expects the strong rupee to impact both sales and profits in the current quarter, its Chief Executive Officer Mr Amar Lulla said.The company’s performance for the three months under review, ended ...
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Custom-manufacturing biz lifts Nicholas Piramal
Mumbai, Oct. 25 Robust revenues from the custom-manufacturing business have helped bolster the performance of drug-maker Nicholas Piramal India Ltd (NPIL) for the three-months ended September 30.But with the appreciating rupee expected to ...
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Natco Q2 net rises 8%
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STEEL
JSW Steel net rises 48%; input costs hit realisation
Tornagallu, (Bellary), Oct. 25 JSW Steel reported a 48 per cent increase in its net profit at Rs 511.23 crore for the quarter ended September 2007 even while its price realisation dipped by one per cent due to higher input costs as compared to ...
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PERSONAL PRODUCTS
Gillette Q2 net dips
Mumbai, Oct. 25 Gillette India Ltd has reported a fall in net profit for the second quarter of the current fiscal at Rs 27.8 crore, as against Rs 50.5 crore during the corresponding period of the last fiscal.However, the company said ...
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AIR-CONDITIONERS & REFRIGERATORS
Construction boosts Voltas net profit
Mumbai, Oct 25 Tata Group company Voltas Ltd recorded a growth of 114 per cent in its net profit for the second quarter to Rs 53.58 crore compared with Rs 25 crore for the same period last year, owing to the focus on expanding business in ...
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ELECTRICAL GOODS
ABB net up 41% on rise in revenues
ABB India reported a 41 per cent in net profits for the third quarter of the current calendar year, on the back of a 27 per cent increase in revenues.ABB’s Q3 net profit was Rs 115.70 crore as against Rs 82.10 crore during the ...
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SOFTWARE
NIIT net profit rises 31% on higher margins
Posts 50% growth in operating profit in second quarter
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PAPER, BOARD & NEWSPRINT
BILT standalone net rises on paper demand
Outlook for forthcoming quarters positive
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NBFCS
Shriram Transport Finance profit doubles in Q2
Shriram Transport Finance Company Ltd (STFC), the largest asset financing NBFC in the country, reported a doubling of profits in the second quarter of the fiscal. Profits were at Rs 96 crore on a revenue base of Rs 570 crore. Revenues ...
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LIFE INSURANCE
ING Vysya Life earns Rs 116 cr from bancassurance in Jan-Sept
Ramping up alternative channels to grow biz
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PRIVATE BANKS
Bank of Rajasthan net falls 56%
Bank of Rajasthan has reported a 56 per cent drop in net profit at Rs 24.16 crore for the quarter ended September, 30, 2007, against Rs 55 crore in the previous year. The fall was mainly because last year’s net profit included about Rs 37 ...
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LVB posts 40% rise in net profit
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