The Hindu Business Line : Thursday, July 17, 2008

HOUSING FINANCE: HDFC net up 25% in Q1 on higher income
Loan disbursements see healthy growth; margins tad higher. Mumbai, July 16 Housing finance major HDFC Ltd posted a net profit of Rs 468 crore for the quarter ended June 30, 2008, up 25 per cent from Rs 373 crore in the corresponding quarter ...

POWER: PFC Q1 net down 4%
State-run Power Finance Corporation (PFC) announced a net profit of Rs 296.30 crore for the first quarter ended June 30, a four per cent decline over the corresponding period a year-ago. The firm had clocked net profit of Rs 308.65 crore in the ...

SOFTWARE: MindTree posts Rs 13-cr loss in Q1
Sticks to guidance despite forex hit. Bangalore, July 16 MindTree Ltd, an IT and R&D services company, reported a net loss of Rs 12.96 crore in the first quarter, largely hurt by a depreciating rupee, pulling its stock down more than 4 per ...

SOFTWARE: Global slowdown tells on TCS growth; Q1 profit up 7%
Mumbai, July 16 The country’s largest software company Tata Consultancy Services (TCS) delivered a second consecutive quarter of muted growth, which it attributed to the general global economic slowdown and foreign exchange fluctuations. ...

PESTICIDES: Rallis Q1 net zooms to Rs 4 cr
Rallis India has posted a net profit of Rs 4.23 crore in the quarter ended June 30, 2008, as compared with Rs 1.42 crore in the corresponding period of the previous fiscal. Revenues during the quarter touched Rs 186.98 crore (Rs 128.58 ...

STEEL: Pennar posts higher net; new plant boosts sales
Hyderabad, July 16 Pennar Industries Ltd, has registered gross sales of Rs 200 crore with a net profit of Rs 9.66 crore for the first quarter ending June 30, 2008 as against sales of Rs 147.05 crore and net profit of Rs 5.5 crore for the ...

OILSEEDS & EDIBLE OIL: Sanwaria Agro Oils net doubles
Sanwaria Agro Oils, one of the soya bean processors and producers of refined soy oil, has reported a 139.3 per cent increase in net profit at Rs 20.81 crore in the first quarter ended June 30, 2008. Net sales were at Rs 274.34 crore (Rs 148.97 ...

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