CORPORATE RESULTS
FINANCIAL SERVICES
PNB Gilts net up 183%
New Delhi, April 21 Aided by a higher turnover in Government securities, PNB Gilts, a primary dealer, on Monday reported a 183 per cent increase in net profit for the financial year ended March 31, at Rs 45.16 crore compared to Rs 15.96 ...
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Motilal Oswal net more than doubles to Rs 44 crore
Mumbai, April 21 Net profit of broking firm Motilal Oswal Financial Services more than doubled in the quarter ended March 31, 2008, to Rs 44.21crore from Rs 18.68 crore in the year-ago period. The consolidated income for the quarter ...
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CEMENT
Binani Cement net zooms on high demand
Mumbai, April 21 Reflecting better realisation and soaring demand, Binani Cement has posted 152 per cent rise in net profit at Rs 64.13 crore in the fourth quarter ended March 31, 2008, against Rs 25.47 crore logged in the corresponding period ...
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PETROLEUM
Higher refining margins help Reliance post 24% rise in Q4 net
Turnover rises 36%; petrochem biz hit by high feedstock prices
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Reliance Industries: Refining to the fore
If one were to pick the two most striking features of Reliance Industries’ fourth quarter of 2007-08 report card it is these. First, the standout performance of the oil refining business thanks to a modern refinery and strategic ...
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PHARMACEUTICALS
GSK Pharma to bring in rotavirus, cancer vaccines
Breast cancer drug Tykerb slated for launch next month
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Vimta Labs’ net down 28%
Vimta Labs Ltd’s net profit decreased over 28 per cent to Rs 6.24 crore in the financial year 2007-08 against Rs 8.7 crore in the last fiscal. The total revenue, however, increased to Rs 78.89 crore (Rs 61.52 crore). The decrease in the ...
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REAL ESTATE & CONSTRUCTION
Noida Toll Bridge net at Rs 27.97 cr
A combination of higher traffic and higher toll rates helped Noida Toll Bridge Company Ltd register a net profit of Rs 27.97 crore in 2007-08 compared with Rs 11.06 crore in the previous fiscal. The income from operations for the current year was ...
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SOFTWARE
TCS posts muted growth on overseas project delays
Fourth quarter net profit at Rs 1,245 cr; US still accounts for 50% of revenue
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Engineering services drive up Infotech Enterprises net in Q4
Hyderabad, April 21 With revenues of Rs 187.4 crore (Rs 151.2 crore) and net profit of Rs 25.9 crore (Rs 21.45 crore) for the last quarter of fiscal 2007-08, the Hyderabad-based Infotech Enterprises Ltd has shown a growth of 23.9 per cent ...
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IMPACT
Sedate numbers from TCS
Concerns on macro-environment remain
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Expanded services, markets lift Satyam net up 18.6%
US slowdown tempers guidance; revenue tops $2 billion
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Good show, but sub-prime woes cast shadow
A tight rein on key operating metrics, changing geographic-mix with reduced US dependence and change in service mix tending to higher-value services have helped Satyam Computer Services deliver a good set of numbers for FY08. But select ...
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PAPER, BOARD & NEWSPRINT
Orient Paper Q4 net remains flat
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OILSEEDS & EDIBLE OIL
K.S. Oils net rises 88% in Q4
Mumbai, April 21 K.S. Oils Ltd, an integrated edible oil company, has posted 88 per cent rise in net profit at Rs 40 crore (Rs 21 crore) in the quarter ended March 31, 2008. Income from operations in the fourth quarter soared by 130 per cent ...
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PRIVATE BANKS
Axis Bank net rises 63% on strong biz growth
Net interest income up; fee-based income grows 70%
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