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Friday, January 18, 2008
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Markets (Jan. 17)
BSE Sensex19700.82 (-167.29)
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US Dollar39.32


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CORPORATE RESULTS

PESTICIDES
Focus on product mix boosts Rallis Q3 net 61%
Mumbai, Jan 17 Agrochemical player Rallis India, a Tata group company, has reported a 61 per cent growth in its net profit for the quarter ended December 31, 2007 to touch Rs 14.02 crore against Rs 8.70 crore in the year-ago ... More

PETROLEUM
Reliance Industries Q3 net zooms on one-time gain
RPL stake sale fetched Rs 4,733 cr; turnover rises 21% More

PHARMACEUTICALS
Ranbaxy posts Rs 188 cr net in fourth quarter
Emerging markets contribute 54% to company’s global sales More

POWER
Reliance Energy Q3 profit up 50% on tax credit
Mumbai, Jan. 17 Riding on a major tax credit of Rs 89.50 crore, Reliance Energy Ltd has clocked a 50.02 per cent growth in profits for the third quarter at Rs 301.60 crore, up from Rs 201.03 crore in the year ago quarter. The amount of ... More

TEXTILES
S. Kumars Q3 net up 72.23%
S. Kumars Nationwide Ltd posted a 72.23 per cent jump in its third quarter net profit to Rs 57.20 crore compared to Rs 33.21 crore, in the corresponding quarter of last year. “The company would maintain its growth momentum through ... More

PERSONAL PRODUCTS
Godrej Consumer Q3 net rises 13%
Mumbai, Jan. 17 Godrej Consumer Products Ltd (GCPL) has recorded a 13 per cent increase in net profit for the third quarter ending December 31, 2007. Net profit increased from Rs 36.63 crore to Rs 41.4 crore during the quarter, which ... More

SOFTWARE
HCL Tech Q2 net profit rises 16.3%
Volume growth, increase in billing rates lift earnings More

BIO-TECH & GENETICS
Biocon Q3 net at Rs 45.58 cr
Bangalore, Jan. 17 Biocon Ltd posted a standalone profit after tax of Rs 45.58 crore for the third quarter ending December 31, 2007, down about 4 per cent (Rs 47.51 crore) from the same period the previous year. This, however, excludes the ... More

PUBLIC SECTOR BANKS
Capital gains from share sale lift IDBI Q3 net 39%
Plans to increase retail, SME lending as margins are squeezed More

SBH net rises 37% in Q3
Hyderabad, Jan. 17 State Bank of Hyderabad (SBH) appears to be moving fast on the merger path with its parent bank, State Bank of India and a final picture is expected on January 25, when the SBH board is scheduled to meet. The bank ... More






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