Business Daily from THE HINDU group of publications
Wednesday, January 30, 2008
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CORPORATE RESULTS

NON-CONVENTIONAL ENERGY
Higher revenues boost Suzlon profit
Higher operating revenues enabled Suzlon Energy Ltd to nearly double its third quarter net profits. The stand-alone net increased to Rs 338.18 crore from Rs 176.23 crore in the year ago quarter, up by 91.89 per cent.The income from ... More

ENGINEERING
Thermax Q3 net rises 35%
More

FERTILISERS
Gujarat Narmada Q3 net jumps 140%
Gandhinagar, Jan. 29 Gujarat Narmada Valley Fertilizers Company Ltd (GNFC) on Tuesday reported a jump of about 140 per cent in its net profit at Rs 123.76 crore (Rs 52.19 crore) in the third quarter of 2007-08 ended December 31, 2007, the ... More

Rashtriya Chem Q3 net down
Rashtriya Chemicals and Fertilisers Ltd (RCFL) has reported a marginal decline in net profit for the third quarter of the current fiscal to touch Rs 60.10 crore against Rs 64 crore in the corresponding quarter of the last fiscal. Income during ... More

POWER
GVK Power Q3 revenue, net up
Hyderabad, Jan. 29 GVK Power & Infrastructure Ltd has registered income of Rs 118 crore and net profit of Rs 40 crore for the third quarter ended December 31, 2007, against income of Rs 67 crore and net profit of Rs 9 crore for the ... More

SHIPPING
GE Shipping gains on forex, operating income
Higher time charter yields in dry bulk segment boost earnings More

STEEL
Improvement in product mix, special grade steel lift SAIL
Q3 net rises 32% at Rs 1,935 cr; to pay 19% interim dividend More

Usha Martin net rises 3%
Kolkata, Jan. 29 Usha Martin Ltd has recorded a net profit of Rs 41.23 crore during the period October-December 2007. This is higher by 3 per cent compared with a net profit of Rs 39.95 crore recorded during the corresponding period in 2006. ... More

PERSONAL PRODUCTS
Dabur India Q3 net rises 23%
New Delhi, Jan. 29 FMCG major Dabur India Ltd (standalone) on Tuesday reported a growth of 22.8 per cent in its net profit for the third quarter ending December 31, 2007, at Rs 88.14 crore, compared to Rs 71.73 crore in the corresponding ... More

CARS
Maruti Suzuki Q3 net up 24% on increased sales
New Delhi, Jan. 29 Maruti Suzuki India Ltd has reported a 24.1-per cent increase in net profit for the third quarter ended December 2007at Rs 467.04 crore as compared to Rs 376.41 crore for the quarter ended December 2006.The net sales ... More

METALS
Sterlite Ind net rises 7.5%, sales dip
Mumbai, Jan. 29 Sterlite Industries, a leading copper producer, has posted a 7.47 per cent rise in net profit at Rs 231 crore for the quarter ended December 31, 2007, against Rs 215 crore logged in the same period a year ago.Net sales ... More

PAPER, BOARD & NEWSPRINT
West Coast Paper net up 36%
West Coast Paper Mills Ltd has posted a 36 per cent jump in net profit to Rs 22 crore (Rs 16.26 crore) during the quarter ended December 31, 2007. The income from operations for the quarter stood at Rs 144.39 crore (Rs 134.84 crore). For the nine ... More

READYMADE GARMENTS
Higher taxes pull Gokaldas Q3 net down
Bangalore, Jan. 29 Higher taxes during the third quarter of 2007-08 have dragged down the net profit of garment maker, Gokaldas Exports, by 3.54 per cent to Rs 17.19 crore.Gokaldas Exports paid a total of Rs 2.06 crore as taxes ... More

Evinix Accessories Q3 net up
The board of directors of Evinix Accessories Ltd, designer and manufacturer of fashion accessories and garments, has announced a 57.96 per cent jump in net profit at Rs 3.69 crore for the third quarter ended December 31, 2007, compared to Rs 2.33 ... More

PRIVATE BANKS
Karur Vysya Bank Q3 net profit rises 77%
Coimbatore, Jan. 29 Karur Vysya Bank net profit rose 77 per cent to Rs 46.43 crore in the third quarter ended December 31, 2007 from Rs 26.19 crore in the same period the previous year. The operating profit went up 43 per cent from Rs ... More

PUBLIC SECTOR BANKS
Syndicate Bank seeks Govt nod to issue 8 cr shares
Q3 net up 21% on treasury profits More






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