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Wednesday, January 24, 2007
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CORPORATE RESULTS

DIVERSIFIED
Grasim Q3 net doubles on higher sales realisations
Cement revenues rise by 55 pc More

FINANCIAL SERVICES
India Infoline Q3 net up
Net profit of India Infoline Ltd has more than doubled by 106 per cent at Rs 14.46 crore for the third quarter ended December 2006 against Rs 7.02 crore for the corresponding quarter in the previous year. Total income increased 106.4 per cent ... More

TELECOMMUNICATIONS
Bharti net profit surges 123 pc in Q3
Riding on an unprecedented growth in mobile subscriptions, Bharti Airtel Ltd on Tuesday announced an 123 per cent growth in its net profit to Rs 1,215 crore for the third quarter ended December 2006 compared to Rs 545 crore in the corresponding ... More

ELECTRONICS
Bharat Electronics Q3 net up 53%
Bharat Electronics has posted a net profit of Rs 148.18 crore for the October-December 2006 quarter, registering a growth of 52.7 per cent year on year over its 2005 third quarter figure of Rs 97 crore. The defence PSU posted ... More

FERTILISERS
Coromandel Fert net up at Rs 21 cr
Coromandel Fertilisers Ltd (CFL), part of the Murugappa Group, has achieved a net profit of Rs 21.76 crore for the third quarter ended December 31, 2006, up marginally from Rs 19.13 crore during the same quarter last year. The ... More

HOTELS
Indian Hotels Q3 net profit rises 43 pc at Rs 88 cr
The company acquires 74 pc stake in Amalgam Foods More

PHARMACEUTICALS
Cipla Q3 net up at Rs 184 cr
Cipla Ltd has posted a 5.17 per cent increase in net profit at Rs 184.38 crore (Rs 175.31 crore) for the third quarter ended December 31. Sales grew 12.80 per cent to Rs 880.54 crore (Rs 780.62 crore). During the quarter, formulations exports ... More

Dabur Pharma profits up on global cancer drug sales
Net profit rises 18 pc; expansion in US, UK likely More

Elder Pharma Q3 net profit up
Elder Pharmaceuticals has posted a 35.66-per cent rise in net profit at Rs 14.57 crore (Rs 10.74 crore) for the third quarter ended December 31. Net sales grew 31.72 per cent to Rs 115.69 crore (Rs 87.83 crore). The earnings per ... More

JB Chem Q3 sales rise
JB Chemicals & Pharmaceuticals Ltd has posted a 2.09 per cent increase in profit after tax at Rs 19.51 crore (Rs 19.11 crore) for the third quarter ended December 31, 2006. Net sales have increased by 3.77 per cent to Rs 135.1 .. More

Glenmark Q3 net profit 63 pc higher at Rs 39 cr
Glenmark Pharmaceuticals Ltd has posted a 62.96 per cent increase in net profit at Rs 39.68 crore (Rs 24.35 crore) for the quarter ended December 31. Net sales rose 24.19 per cent to Rs 201.87 crore (Rs 162.55 crore). The company's ... More

HCV/LCV/TRACTORS
BEML gets nod for jt mining venture
The Bharat Earth Movers Ltd (BEML) board on Friday approved the formation of a 45:55 joint venture contract mining company with a combine of Midwest Granite Ltd, Hyderabad and SMJ Indonesia. The company will have an authorised capital of Rs 100 ... More

Tata Motors Q3 net rises 12 pc
Commercial vehicles sales surge More

AIR-CONDITIONERS & REFRIGERATORS
Voltas Q3 net jumps 71 pc
Voltas Ltd has reported 71 per cent increase in net profit for the third quarter of the current fiscal to Rs 19.43 crore from Rs 11.36 crore in the corresponding previous period. During the quarter, sales increased by 30 per ... More

SOFTWARE
Virinchi Q3 net at Rs 2.1 cr
Virinchi Technologies Ltd has recorded consolidated net sales of Rs 14.64 crore and a net profit of Rs 2.11 crore for the third quarter ended December 31, 2006. The company is announcing the consolidated results after the ... More

PAPER, BOARD & NEWSPRINT
TNPL's Q3 net up 52 pc
Tamil Nadu Newsprint and Papers Ltd (TNPL) has reported a net profit of Rs 22.30 crore for the third quarter of the current year, as against Rs 14.65 crore in the corresponding quarter of last year — a rise of 52 per cent. The company's ... More

READYMADE GARMENTS
Kewal Kiran Clothing posts Rs 3.6 cr Q3 net
Kewal Kiran Clothing Ltd has posted a net profit of Rs 3.62 crore for the quarter ended December 31. Net sales stood at Rs 31.56 crore. Figures for the corresponding quarter of the previous year are not available as the company's shares were ... More

HOUSING FINANCE
LIC Housing Finance net rises 31 pc
LIC Housing Finance Ltd has reported a 31 per cent growth in the third quarter net profit at Rs 76.61 crore, against Rs 58.65 crore in the corresponding period in the previous year. Total income was up 27 per cent at Rs 405.10 crore (Rs 318.06 ... More

PUBLIC SECTOR BANKS
SBI net down 4.49 pc on higher provisioning
Net interest income lower by around 6 pc More

SBI cost of funds may see a sharp jump
Provisioning for bad loans at Rs 410 crore (compared with a write-back of this provision in the corresponding quarter of the previous fiscal) and provision for depreciation of investments of about Rs 658 crore were major contributors to the below ... More






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Top Stories
Move to scrap cement import duty may not impact retail price


Deora pitches for removal of excise duty on diesel

Services, software seen growing at 28%

Indian Hotels Q3 net profit rises 43 pc at Rs 88 cr

Prudential earns half its profits from Asia

Railways planning to increase coach height

Stamp duty on transfers from holding company

Reliance Comm plan among 23 FDI proposals cleared

New Web-based system to track fertiliser flow

Looking back
Jan. 14-Jan. 20
HCL Tech net income rises 58 per cent

Siemens net up 100 pc at Rs 98 crore



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