Business Daily from THE HINDU group of publications
Tuesday, January 15, 2008
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Markets (Jan. 14)
BSE Sensex20728.05 (-99.40)
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CORPORATE RESULTS

ENGINEERING
Era Infra Q3 net increases 39%
New Delhi, Jan. 14 Era Infra Engineering Ltd has announced a 39 per cent jump in net profit at Rs 27.64 crore for the third quarter of the current fiscal. The company has recorded revenues of Rs 340.39 crore (Rs 208.31 crore) for the ... More

Texmaco Q3 net up at Rs 14.58 cr
Kolkata, Jan. 14 Wagon maker Texmaco’s turnover and PAT shot up by 82 per cent and 105 per cent, respectively, in the third quarter ended December 31, 2007 against the corresponding period in the previous fiscal owing to significant ... More

FINANCIAL PERFORMANCE
Sedate numbers from CMC
…. But outlook still positive More

AUTOMOBILE COMPONENTS
Exide net rises despite higher raw material costs
Kolkata, Jan. 14 Exide Industries, for the third quarter ended December 31, 2007, has registered a 59 per cent growth in net profit at Rs 55 crore, and 60 per cent growth in net turnover at Rs 910 crore, compared with the corresponding quarter ... More

GEMS & JEWELLERY
Asian Star Q3 net up 63%
Mumbai, Jan. 14 Asian Star, a diamond and jewellery company, has registered 63 per cent growth in its net profit at Rs 12.9 crore for the third quarter ended December 31. For the same period of the previous year, it posted a net profit of Rs ... More

HARDWARE
TVS-E revenues down 32%
More

SOFTWARE
CMC posts marginal rise in Q3 net
Mumbai, Jan. 14 CMC Ltd, a subsidiary of Tata Consultancy Services (TCS), has recorded a 7.3 per cent rise in consolidated net profit for the third quarter ended December 31 to Rs 21.9 crore against Rs 20.4 crore reported in the same quarter a ... More

Geometric net down 36%
Mumbai, Jan. 14 Geometric Software Solutions, the city based provider of product life cycle management services, has reported a 35.5 per cent fall in consolidated net profit for the quarter ended December 31 to Rs 6.79 crore as compared to Rs ... More

PUBLIC SECTOR BANKS
SBT’s 9-month net rises 28%
Thiruvananthapuram, Jan. 14 State Bank of Travancore (SBT) registered a 27.49 per cent rise in net profit during the first nine months of the current fiscal. For the nine months ended December 2007, the net profit was Rs 236.91 crore as ... More






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