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Saturday, February 02, 2008
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CORPORATE RESULTS

DIVERSIFIED
Birla Corp posts 12% rise in profit
Birla Corporation Ltd, flagship of the MP Birla Group, has registered a 12 per cent increase in profit after tax at Rs 106.40 crore for the quarter ended December 2007, up from Rs 96.14 crore for the corresponding quarter of 2006-07. Net sales ... More

Emami net up 48% at Rs 37 cr
Kolkata, Feb. 1 Emami Ltd, for the quarter-ended December 31, 2007, has recorded a 48 per cent increase in profit after tax at Rs 37.35 crore, up from the Rs 25.25 crore in the same period of last financial year. Net sales have recorded a ... More

SEEDS
Kaveri Seed’s Q3 net higher
Kaveri Seed Company has registered a total income of Rs 13.15 crore for the quarter ended December 31, 2007 as against Rs 9.31 crore in the same quarter last year, showing a growth of 41.33 per cent. The net profit was put at Rs 1.55 crore (Rs ... More

FINANCIAL SERVICES
Foray into new areas lifts Srei Infra net 46% in Q3
Kolkata, Feb. 1 Helped by its transition from a mere equipment financier to a solutions provider in the infrastructure space, including fee-based project consultancy, Srei Infrastructure Finance Ltd, for the quarter ended December 31, 2007, ... More

AIRLINES
Deccan Aviation makes Rs 191-cr loss in Q2
Sales up on improved yield; one-off expenses in rebranding More

CEMENT
Madras Cements Q3 net up on improved realisations
Madras Cements has expanded its production capacity to 8 million tonnes cement a year, up from 6 million tonnes.According to a press release from the company, the clinkering facility at Jayanthipuram, Andhra Pradesh, went on stream ... More

Ambuja Cements full year net logs 32% growth
Mumbai, Feb. 1 Ambuja Cements Ltd has posted a 32 per cent rise in net profit at Rs 1,769 crore for the year ended December 31, 2007, against Rs 1,340 crore logged for same period last year.Total income rose 19 per cent to Rs 5,898 ... More

ENGINEERING
Jessop turnover 35% more
Jessop & Co has posted 41 per cent higher net profit of Rs 5.39 per cent during the third quarter of this fiscal compared with Rs 3.81 crore during the corresponding period of 2006-07. Turnover has moved up 35 per cent to Rs 35 crore during ... More

PETROLEUM
Gulf Oil profit remains flat
Hyderabad, Feb. 1 Gulf Oil Corporation has registered total income of Rs 196.59 crore with a profit of Rs 6.53 crore for the third quarter ended December 31, 2007 as against total income of Rs 157.15 crore and profit of Rs 6.52 crore for the ... More

STEEL
Operational efficiencies boost Uttam Galva net
Mumbai, Feb 1 Uttam Galva Steels Ltd has posted a 29 per cent rise in net profit for the quarter ended December 31, 2007 at Rs 29.15 crore against Rs 22.63 crore clocked for same quarter of the previous year. Net sales for the quarter ... More

FINANCIAL PERFORMANCE
Goldstone Infra revenues, net up in Q3
Hyderabad, Feb. 1 Goldstone Infratech has recorded total income of Rs 12.26 crore and a profit of Rs 2.51 crore for the third quarter ended December 31, 2007 against income of Rs 5.82 crore and profit of Rs 0.54 crore for the same quarter of ... More

PERSONAL PRODUCTS
Godrej Industries consolidated net up 3%
Mumbai, Feb. 1 Godrej Industries Ltd said its consolidated net profit for the third quarter this fiscal increased 3 per cent to Rs 33 crore from Rs 32 crore for the same period the previous year. Commenting on the results, Mr Adi ... More

P&G Hygiene sales up 19%
Mumbai, Feb. 1 Procter & Gamble Hygiene and Health Care Ltd achieved a 19 per cent increase in total sales at Rs 197.5 crore during the second quarter ending December 31, 2007, compared to Rs 166.6 crore in the second quarter of the ... More

Colgate Palmolive net up 20%
Colgate Palmolive has posted an increase of 20 per cent in profit at Rs 60.4 crore for the quarter ended December 31, 2007, compared to Rs 50.3 crore, in the corresponding quarter last year. Total revenue increased to Rs 390.3 crore (Rs 338.9 ... More

RADIO/TV
GBN in the black; posts net profit of Rs 1.78 crore
New Delhi, Feb. 1 Global Broadcast News Ltd, the company behind the news channels CNN-IBN and IBN7, has reported net profit of Rs 1.78 crore during the third quarter ended December 31, 2007 as against a loss of Rs 9 crore during the ... More

REAL ESTATE & CONSTRUCTION
Punj Lloyd Q3 net surges 92%
Punj Lloyd Ltd has announced a 92 per cent surge in third-quarter net profit for the current fiscal at Rs 91.68 crore from Rs 47.71 crore a year earlier. Revenue during the three months ended December 31 climbed 50 per cent to Rs 2,200 crore, the ... More

Unitech net rises 39% on higher sales
New Delhi, Feb. 1 Real estate major Unitech Ltd has posted 39 per cent rise in its consolidated net profit at Rs 525.78 crore for the quarter ended December 31, 2007 on the back of higher sales, better price realisation and strong project ... More

Madhucon Projects Q3 turnover up 67%
Madhucon Projects Ltd has posted 32.7 per cent increase in net profit at Rs 12.98 crore in the third quarter ended December 31, 2007, against Rs 9.98 crore in the corresponding period of last fiscal year.The turnover of the ... More

SOFTWARE
ICSA (India) Q3 income rises
Hyderabad, Feb. 1 ICSA (India) Ltd has posted profits of Rs 36.24 crore for the third quarter ended December 31, 2007, an increase of 100 per cent over Rs 18.13 crore registered during the same period last year. The income increased by 102 per ... More

Lanco Global income, net up
Hyderabad, Feb. 1 Lanco Global Solutions (LGS) Ltd has registered a consolidated income of Rs 76.58 crore with a net profit of Rs 9.55 crore for the quarter ended December 31, 2007 against total income of Rs 21.21 crore and profit of Rs 2.30 ... More

Cranes Software PAT rises 39% on overseas income
Bangalore, Feb. 1 Overseas income, which recorded a growth of 55 per cent of the total revenues at Rs 86.3 crore, helped Cranes Software report a 39 per cent increase in its consolidated profit after tax at Rs 31.37 crore during the quarter ... More

INTERNET
Southern Online net soars
Hyderabad, Feb. 1 Southern Online Biotechnologies Ltd reported a total income of Rs 6.97 crore in the third quarter ended December 31, 2007, against Rs 1.63 crore. The net profit for the quarter stood at Rs 60.12 lakh (Rs 8.29 lakh). For the ... More

TEXTILE MACHINERY
LMW net climbs 30% in Q3
Coimbatore, Feb. 1 Textile machinery manufacturing major Lakshmi Machine Works has reported a 30 per cent increase in its net profit for the quarter ended December 2007 at Rs 58.45 crore compared with Rs 44.66 crore during the corresponding ... More

HOUSING FINANCE
Dewan Housing Q3 net up at Rs 23 cr
Mumbai, Feb. 1 Dewan Housing Finance has reported a 69 per cent growth in Q3 net profit at Rs 23 crore, against Rs 13.52 crore in the corresponding quarter of the previous year.The rise in net profit was mainly on account of a rise in ... More

PRIVATE BANKS
J&K Bank Q3 net up 30%; to decide on interest rates in April
Banks plans GDR issue More

Development Credit Bank net zooms
Development Credit Bank has recorded over 800 per cent rise in net profit at Rs 25.7 crore for the quarter ended December 31, 2007, against Rs 2.8 crore in the corresponding quarter last year. Net interest income was Rs 42.5 crore (Rs 31.6 ... More






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