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CORPORATE RESULTS
PUBLIC SECTOR BANKS:
IDBI Bank Q1 net profit marginally up at Rs 160 cr
Rising interest rates, bond yields result in lower treasury income. Mumbai, July 22 IDBI Bank posted almost flat growth in net profit for the quarter ended June 30, 2008, due to a fall in other income. Rising interest rates and bond yields ...
SOFTWARE:
NIIT Tech Q1 net flat at Rs 35 cr; revenues rise 7%
New Delhi, July 22 IT solutions company NIIT Technologies Ltd today posted a consolidated net profit of Rs 35.1 crore for the first quarter ended June 2008, the same as year-ago period, primarily on account of losses on hedging ...
SOFTWARE:
Four Soft Q1 net rises
Four Soft has recorded revenues of Rs 65.12 crore with profit of Rs 27.7 crore for the first quarter ending June 30, 2008 as against revenues of Rs 47.05 crore and profit of Rs 3.21 crore for corresponding quarter last year.The Managing Director ...
ENGINEERING:
Thermax net up 14 %
Pune, July 22 Thermax Ltd, a player in energy and environment solutions, has recorded a net profit of Rs 63.7 crore as against Rs 56 crore, a 14 growth per cent for the first quarter of the current fiscal. ...
SOFTWARE:
Tata Elxsi profit dips 41% on project delays
Confident of meeting its outlook, covering losses. Bangalore, July 22 Tata Elxsi reported a 41.2 per cent drop in the first quarter net profit, largely hurt by project delays from two top customers, sending its shares down 7.46 per ...
COFFEE:
Tata Coffee consolidated net up 15% in Q1
Bangalore, July 22 Helped by a healthy growth in both its US subsidiary and the domestic companies’ sales, Tata Coffee reported a 15 per cent increase in its consolidated net profit at Rs 9.32 crore during the first quarter of the ...
ELECTRICAL GOODS:
Siemens profit doubles at Rs 169 cr
Siemens Ltd has clocked a 107 per cent increase in its net profit for the quarter ended June 30, 2008 to touch Rs 169 crore, as against Rs 81.78 crore in the corresponding quarter of the previous ...
PRIVATE BANKS:
Bank of Rajasthan net up at Rs 31 cr
Mumbai, July 22 A fall in other income saw Bank of Rajasthan’s net profit increase marginally by 2.49 per cent for the quarter ended June 30, 2008. ...
TEXTILES:
Century Text Q1 net dips 40%, sales up 14%
Mumbai, July 22 Century Textiles and Industries Ltd, with diversified interest in textiles, cement and paper, has reported a 40 per cent dip in net profit at Rs 62 crore in the first quarter ended June 30, against Rs 104 crore recorded in the ...
NBFCS:
Magma Shrachi net rises 58%
Kolkata, July 22 Magma Shrachi Finance Ltd reported a 58 per cent rise in revenue for the quarter ended June 30, 2008. The company recorded revenue of Rs 138.51 crore against Rs 87.42 crore in the corresponding period of 2007. ...
ENGINEERING:
Consolidated net of TRF at Rs 8 cr
Kolkata, July 22 TRF Ltd, a Tata Group company, has registered a consolidated net profit of Rs 7.73 crore during the quarter ended June 30, 2008. ...
PHARMACEUTICALS:
Lupin consolidated Q1 net profit up
Growth across its international markets has helped Lupin double its consolidated net profit for the quarter ended June 30, 2008. The Mumbai-based drug maker posted a net profit of Rs 112 crore for the period under review, as compared to Rs 55 ...
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