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Monday, July 30, 2007
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CORPORATE RESULTS

FINANCIAL SERVICES
JRG Securities net up 21%
Kochi, July 29 The net profit of JRG Securities Ltd has grown by 20.9 per cent to Rs 1.57 crore (Rs 1.30 crore) for the first quarter of the fiscal. The gross income rose by 48.74 per cent to Rs 8.92 crore (Rs 5.99 crore). The consolidated net ... More

OUTSOURCING
Firstsource Q1 net rises 235%
BPO provider Firstsource Solutions has posted a 234.8 per cent rise in net profit for the quarter ended June 2007 to Rs 44.2 crore as against Rs 13.2 crore in the corresponding quarter a year ago.Revenues for the quarter went up by 75 per ... More

TELECOMMUNICATIONS
Surana Tele revenues, net up
Surana Telecom Ltd has recorded sales of Rs 12.05 crore and a net profit of Rs 2.85 crore for the first quarter ended June 30, 2007 against sales of Rs 9.67 crore and profit of Rs 1.26 crore for the same quarter last year. Last fiscal, Surana ... More

ENGINEERING
Gontermann-Peipers net rises
More

PETROCHEMICALS
IPCL Q1 net rises 15.5%
Mumbai, July 29 IPCL has reported 15.46 per cent rise in net profit to Rs 336 crore for the quarter ended June 30 from Rs 291 crore for the year-ago quarter.According to an official release, “The exceptional and non-recurring ... More

PHARMACEUTICALS
Strides net doubles
Bangalore, July 29 Strides Arcolab Ltd said its consolidated second quarter net profit rose 110 per cent year-on-year at Rs 11.58 crore (Rs 5.49 crore) for the period ended June 30, 2007.Consolidated net sales grew 7.2 per cent at Rs ... More

TEXTILES
Morarjee Textiles posts Rs 5.9-cr loss
Mumbai, July 28 Morarjee Textiles Ltd of the Ashok Piramal group has reported a loss of Rs 5.90 crore on a consolidated basis in the first quarter ended June 30, 2007. The standalone loss stood at Rs 6 crore against net profit of Rs 8 ... More

Arvind Mills Q1 net down
Mumbai, July 29 Arvind Mills Ltd reported a decrease of 13 per cent in its net profit for the first quarter ended June 30, 2007 to a little over Rs 5 crore against Rs 6 crore of the same period last year. The turnover increased by 44 ... More

PERSONAL PRODUCTS
Hind Unilever Q2 net up 30% on strong sales
Board approves buyback at a maximum price of Rs 230/share More

SOFTWARE
Educomp posts Rs 5.9-cr net in Q1
Educomp Solutions Ltd has recorded a net profit of Rs 5.97 crore for the first quarter ended June 30, up from Rs 1.88 crore posted during the corresponding quarter of the previous fiscal. Net sales increased to Rs 27.4 crore (Rs 9.37 crore). The ... More

METALS
Bhagyanagar Q1 net rises
Bhagayanagar India Ltd, formerly Bhagyanagar Metals Ltd, has recorded gross sales income of Rs 44.65 crore and net profit of Rs 10.15 crore for the first quarter ended June, against sales of Rs 54.93 crore and profit of Rs 7.56 crore in the ... More

SILK
Himatsingka consolidated net at Rs 7.3 cr
Strong rupee and expansion expenses impacted Himatsingka Seide’s consolidated net profit for the quarter-ended June, 2007. The company reported consolidated net profit of Rs 7.34 crore on revenues of Rs 89.37 crore for the June quarter ... More






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