CORPORATE RESULTS
FINANCIAL SERVICES
Thomas Cook income up in Q1 on strong performance
Thomas Cook India posted a net profit growth of 12 per cent to Rs 2.7 crore for the first quarter ended March 31, 2008, against Rs 2.4 crore for the same period a year ago on a standalone basis. The growth was led by a strong performance ...
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Indiabulls Securities Q4 net up at Rs 53 cr
India Infoline’s PAT jumps 102%
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CHEMICALS
Phillips Carbon Black declares 40% dividend
Kolkata, April 28 The board of directors of RPG Enterprises group’s company Phillips Carbon Black Ltd (PCBL) has recommended a dividend of 40 per cent for the year ended March 31, 2008. Last year, the company had declared a dividend of ...
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ENGINEERING
Elgi Equipment Q4 net up at Rs 11 cr on higher sales
Coimbatore, April 28 Elgi Equipments Ltd has recorded a 76 per cent growth in net profit at Rs 10.8 crore for the quarter ended March 31, as compared to Rs 6.15 crore for the same period in 2006-07. Its net sales for the quarter were higher by ...
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PHARMACEUTICALS
Milestone receipt boosts Glenmark net profit 3-fold
Mumbai, April 28 An outlicensing-related milestone payment of $15 million, along with growth in the US market has largely contributed to a three-fold increase in Glenmark Pharmaceuticals Ltd’s net profit for the quarter ended March 31, ...
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Wockhardt’s mark-to-market hit of Rs 28 cr takes net down 23%
Hedging interest for 50% of long-term loans
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POWER
CESC net rises to Rs 354 cr
Kolkata, April 28 RPG Enterprises Group company CESC Ltd has recorded a net profit of Rs 354 crore during the year ended March 31, 2008. In 2006-07, the company had posted a net profit of Rs 297 crore. It has notched a total income of Rs ...
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Reliance Energy Q4 net up 31%
Mumbai, April 28 Reliance Energy Ltd standalone net profit for the fourth quarter ending March 31 stood at Rs 311 crore against Rs 237 crore in the year ago quarter, an increase of 31 per cent. Its standalone total income stood at Rs ...
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PERSONAL PRODUCTS
HUL sales grow 19%; ‘inflation a worry’
Mumbai April 28 Consumer goods maker Hindustan Unilever Ltd reported a 3 per cent dip in net profit for the quarter ended March 31, 2008, to touch Rs 380.95 crore from Rs 392.89 crore in the corresponding quarter of the previous ...
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Godrej standalone Q4 net up 47%
Mumbai, April 28 Godrej Consumer Products Ltd. has reported a 47 per cent growth in standalone net profit from operations for the fourth quarter of 2007-08. Net profit from before considering extraordinary adjustments was Rs 37.15 crore ...
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RADIO/TV
TV18 Q4 net up 26%
Media business house Television 18 India Ltd posted a net profit of Rs 18.95 crore, up 26 per cent, for the fourth quarter ended March 31, compared to Rs 15 crore in the same period last year. The net sales for the quarter increased by 75 per ...
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HARDWARE
TVS-E net surges on sale of unit
Aided by an extraordinary income of Rs 5.73 crore, TVS Electronics’ net profit has increased seven fold to Rs 13.06 crore for the year ended March 2008 against the previous year. Sale of the company’s contract manufacturing business ...
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SOFTWARE
Product biz, better pricing drive Nucleus Soft growth
Sees little impact from US slowdown
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Hexaware net down 41% on forex derivatives loss
‘US slowdown to make April-June quarter tougher’
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LIFE INSURANCE
SBI Life net profit up at Rs 34 cr
SBI Life Insurance has reported a net profit of Rs 34 crore in 2007-08, against Rs 3.8 crore in the previous year. Mr U.S. Roy, MD and CEO, SBI Life Insurance, said the higher net profit could be attributed to the increasing contribution of ...
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CERAMICS
Nitco Tiles sales rise
Tile maker, Nitco Tiles Ltd, has posted a 34 per cent rise in net profit at Rs 51.02 crore for the year-ended March 31, 2008, against Rs 38.02 crore logged during the same period of the last fiscal. Net sales for the year stood was up 40 per cent ...
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PUBLIC SECTOR BANKS
Recoveries offset dip in treasury gain for IOB
Fourth quarter net profit rises to Rs 306 cr
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FINANCIAL INSTITUTIONS
Exim Bank net rises 11%
Mumbai, April 28 Export-Import Bank of India recorded a net profit of Rs 333 crore for the fiscal 2006-07, an increase of 11 per cent from Rs 299 crore last fiscal. The bank saw its loan approvals and disbursements increase by 23 per cent ...
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BEARINGS, CASTINGS & FORGINGS
Nelcast reports 32% increase in net profit
Chennai, April 28 Nelcast Ltd reported 32 per cent increase in net profit for the fiscal year ending March. The company reported Rs 26 crore as net profit against Rs 19.77 crore last year. Addressing the media the Managing Director of ...
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