CORPORATE RESULTS
AIRLINES
Deccan Aviation trims losses
Bangalore, May 28 Deccan Aviation on Wednesday said operational synergy with Kingfisher Airlines has helped it to reduce its losses for quarter ending March 31, 2008 by 6.34 per cent to Rs 199.65 crore. Its total income has grown nearly 33 per ...
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ENGINEERING
L&T beats rising prices to take net up 38%; bonus set at 1:1
Margins well protected by cost-plus basis pricing on new jobs
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FOOD & DAIRY PRODUCTS
Brand focus lifts Britannia Q4 net
Bangalore, May 29 Accelerated investment on brands and a slew of launches has helped Britannia Industries post a 53.6 per cent increase in net profit for the fourth quarter ended March 30, 2008 at Rs 61 crore. Net sales rose 15.6 per cent to ...
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PETROLEUM
HPCL may resort to rationing auto fuels; Q4 net profit dips 30%
New Delhi, May 29 Hindustan Petroleum Corporation Ltd (HPCL) may have to resort to rationing auto fuel supplies if there is a delay in getting a relief package to cut revenue losses suffered by the oil marketing companies (OMCs). “As of ...
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POWER
NTPC Q4 net down 23%, income up
New Delhi, May 29 National Thermal Power Corporation (NTPC) today announced a net profit of Rs 1,339.5 crore for the fourth quarter of fiscal 2007-08, down 22.78 per cent as compared with Rs 1,734.7 crore recorded in the corresponding quarter ...
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PAPER, BOARD & NEWSPRINT
Higher output, prices lift TNPL net
Chennai, May 29 Higher production and buoyant paper prices have contributed to a growth in profits for Tamil Nadu Newsprint and Papers Ltd.The company has reported a 23 per cent growth in net profit for the fourth quarter ended March ...
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TRADING
Adani Enterprises net doubles
Adani Enterprises Ltd, flagship company of the Adani Group, has reported a 114 per cent jump in its net profit in fiscal 2007-08 compared with the year before and declared a 60 per cent dividend for the year.Announcing the audited and ...
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