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Thursday, July 02, 2009
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CORPORATE RESULTS

SOFTWARE: Cranes Software Q4 net slips
Cranes Software International Ltd, which provides statistical analytics and engineering simulation software products, has reported a 11.5-per cent decline in consolidated net profit for the quarter ended March 2009, while its revenues grew by ...

ENGINEERING: Prajay Engineers posts Rs 11-cr loss
Prajay Engineers Syndicate Ltd, has registered a loss of Rs 11.48 crore on sales income of Rs 4.06 crore for the fourth quarter ended March 31, mainly due to poor realisations from customers. In the corresponding quarter of last fiscal, the loss ...

HOTELS: EIH Ltd PAT down 21%
EIH Ltd, a member of the Oberoi Group, has reported a 21.5 per cent dip in profit after tax at Rs 170.44 crore for the financial year 2008-09. The Group had reported a profit after tax of Rs 217.23 crore in 2007-08. In a statement, EIH said that ...

ENGINEERING: Electrosteel net zooms
During the year ended March 31, 2009, Electrosteel Castings Ltd posted 38.07 per cent increase in net sales at Rs 1,838.04 crore (Rs 1,331.23 crore in 2007-08) and nearly 170 per cent jump in net profit at Rs 140.39 crore (Rs 52.02 crore), ...

READYMADE GARMENTS: Indus Fila Q3 net loss at Rs 12 cr
The Bangalore-based textile manufacturer and apparel exporter Indus Fila has reported a net loss of Rs 12.11 crore for the third quarter ended March 31, compared to a net profit of Rs 4.13 crore in the same period last year. (The company follows ...

STEEL: Monnet Ispat Q4 net, sales fall
Grim power situation hits sponge iron offtake. New Delhi, July 1 Demand for sponge iron has been affected by the dismal power situation that has steel furnaces running at lower ...

GEMS & JEWELLERY: Rajesh Exports Q4 net profit drops 81%
Bangalore, July 1 Jewellery manufacturer Rajesh Exports’ attempts to protect business and avoid credit risk by going slow on big margin businesses and focusing on bulk business has impacted its profits in a big ...

SOFTWARE: Sasken’s Q4 net falls 74%
Bangalore, July 1 A one-time charge of Rs 15.19 crore relating to losses on impairment of capitalised software products impacted Sasken’s net profit for the fourth quarter ended March ...

PHARMACEUTICALS: Natco Q4 net falls marginally
Hyderabad, July 1 Natco Pharma Ltd’s net profit remained nearly flat at Rs 11.27 crore in the fourth quarter ended March 31, 2009 compared with Rs 11.45 crore in the corresponding quarter of ...

PACKAGING: Manjushree Technopack net up 60% in Q4
Bangalore, July 1 Manjushree Technopack posted a net profit of Rs 1.99 crore for the fourth quarter of 2008-09, against Rs 1.24 crore during the same period last ...

OFFICE EQUIPMENTS & SUPPLIES: Linc Pen to pay 15%
Linc Pen, a major player in branded pen industry, posted 7.6 per cent growth in total revenue to Rs 190.75 crore during the year ended March 31, up from Rs 177.23 crore in the previous year. During the period, EBDIT increased 8.39 per cent to ...





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Markets (July 01)
Nifty (at 3.30 pm)4,340.30(+49.20)
US Dollar (Buy/Sell)47.89/90
Brent crude (a bbl) Rs3,379
Gold (a gram) Rs1,369
Silver (a kg) Rs23,700


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