CORPORATE RESULTS
CEMENT
Good demand, higher prices boost India Cements Q3 net
India Cements Ltd continued its buoyant growth in 2007-08 with its net profit and turnover growing at nearly 60 per cent during the third quarter compared to the corresponding period of the previous year.The buoyancy in cement prices ...
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PETROLEUM
MRPL net rises 194% in third quarter
New Delhi, Jan. 16 Mangalore Refinery & Petrochemicals Ltd (MRPL) has recorded a 194 per cent increase in net profit and 11 per cent rise in turnover during the third quarter of the current financial year against the corresponding quarter ...
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Petronet LNG net up 55%
New Delhi, Jan. 16 Petronet LNG Ltd has recorded a 55 per cent growth in net profit in the third quarter of the current financial year (2007-08) over the corresponding quarter of last year. The company has reported a net profit after ...
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SOFTWARE
Improved pricing, productivity lift TCS
Consolidated net rises 19% in Q3
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Infotech’s Q3 profit at Rs 20 cr
Hyderabad, Jan. 16 Infotech Enterprises has recorded sales of Rs 176.85 crore and a profit of Rs 20.05 crore for the third quarter ended December 31, 2007 as against sales of Rs 143.04 crore and profit of Rs 20 crore for corresponding quarter ...
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HOUSING FINANCE
LIC Housing Finance Q3 net rises 38%
Mumbai, Jan. 16 Spurred on by higher net interest income, LIC Housing Finance Ltd reported a 38-per cent increase in Q3 net profit at Rs 106.02 crore, against Rs 76.61 in the corresponding quarter of the previous year.Mr S.K. Mitter, ...
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PUBLIC SECTOR BANKS
NPA recovery lifts profit of State Bank of Mysore
Bangalore, Jan. 16 State Bank of Mysore (SBM) reduced its gross non performing assets (NPA) in the third quarter (Q3) of the current financial year (2007-08) by Rs 31 crore on a year-on-year basis.Speaking to Business ...
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FINANCIAL INSTITUTIONS
IDFC Q3 net up by 72%
Spurred by the boom in the infrastructure sector, Infrastructure Development Finance Co (IDFC) has reported a 72-per cent increase in its net profit for the quarter ended December 31, 2007, to touch Rs 198.67 crore, as against Rs 115.15 crore ...
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