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Sunday, October 28, 2007
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CORPORATE RESULTS

DIVERSIFIED
Grasim net climbs 50% on surge in VSF demand
Posts record high operating profit of Rs 316 cr in Q2 More

DCM Shriram net up at Rs 607.05 cr
New Delhi, Oct. 27 DCM Shriram Consolidated (DSCL), a diversified agribusiness and chemical company, has reported a 56.15 times rise in net profit for the second quarter ended September 2007. The net profit was at Rs 607.05 crore compared with ... More

FINANCIAL SERVICES
Thomas Cook Q3 net at Rs 6.8 cr
Mumbai, Oct. 27 Thomas Cook has registered a net profit of Rs 6.8 crore for the third quarter ended September 30, 2007. The total income was recorded at Rs 55.5 crore. The company has not provided comparable figures for the same quarter ... More

PHARMACEUTICALS
Cadila Healthcare net profit up
Growth in formulation exports and consumer business and good show put up by its US and France-based subsidiaries have increased the net profit of Cadila Healthcare Ltd (Zydus Cadila) from Rs 71 crore in the second quarter of 2006-07 to Rs 80 ... More

POWER
NTPC profit rises 31% on tariff re-computation
New Delhi, Oct. 27 National Thermal Power Corporation Ltd (NTPC) posted a 30.64 per cent rise in net profit for the second quarter of the current fiscal at Rs 1,925.49 crore against Rs 1,473.93 crore in the corresponding period last year. ... More

TEXTILES
Raymond posts Rs 30.7-cr net
Mumbai, Oct. 27 Raymond Ltd has reported a net profit of Rs 30.72 crore for the quarter ended September 30, 2007 compared with Rs 141.47 crore in the same period last year. The figures are not comparable as Raymond divested its denim ... More

AUTOMOBILE COMPONENTS
Bharat Forge Q2 net up at Rs 79.1 cr
Bharat Forge Ltd today announced combined second quarter revenue of Rs 1,071.2 crore and profit after tax of Rs 79.1 crore, a growth of 8 per cent and 6 per cent, respectively over the corresponding period previous year. The combined EBITDA ... More

PAPER, BOARD & NEWSPRINT
TNPL net jumps 43%
Chennai, Oct. 27 Tamil Nadu Newsprint and Papers Ltd has reported a 43 per cent jump in net profit for the second quarter ended September 30, 2007. This is TNPL’s best performance in any quarter.The company has announced an ... More

Seshasayee Paper net up 13%
Chennai, Oct. 27 Seshasayee Paper and Boards Ltd has reported a 13 per cent growth in net profit for the quarter ended September 30, 2007, compared to the corresponding period last year.According to a company press release , increased ... More

ABRASIVES
Carborundum’s China unit to begin production soon
Q2 net falls to Rs 12.3 cr More

PRIVATE BANKS
IndusInd Bank net jumps on higher yield on advances
Mumbai, Oct. 27 Backed by a higher net interest income from good yield on advances, IndusInd Bank has posted 30.03 per cent higher net profit at Rs 22.34 crore for the quarter ended September 30, 2007, against Rs 17.18 crore during the ... More

PUBLIC SECTOR BANKS
State Bank net profit rises 36%
Non-interest income drives growth in second quarter More

Core operations drive Corporation Bank net
Aims to maintain net interest margin of 3% More

Dena Bank Q2 profit rises 34%
Mumbai, Oct. 27 Dena Bank has reported a 34 per cent increase in net profit at Rs 92.15 crore for the quarter ended September 30, 2007, against Rs 68.75 crore in the previous year, buoyed by higher income.Total income for the quarter ... More






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P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
Cement unit directed to pay cess, excise duty on limestone, dolomite


Rlys offers discounts to Reliance, Lloyd Steel, Ispat

Bharat Forge Q2 net up at Rs 79.1 cr

TNPL net jumps 43%

Looking back
Oct. 21-Oct. 27
LIC Housing net rises on higher interest income

Madras Cements net jumps 34% on cost control, realisations

Slowdown hits TVS Motor; net falls 52%

ABB net up 41% on rise in revenues

Colgate Palmolive net more than doubles


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