|
|
CORPORATE RESULTS
SOFTWARE:
TCS posts marginal rise in Q2 net on forex hedging losses
Mumbai, Oct. 22 The country’s largest software company Tata Consultancy Services reported flat growth in net profit for the second quarter ended September 2008 as it encountered losses related to forex hedging and made provisions for ...
SOFTWARE:
Wipro Q2 profit grows 19%; muted outlook forecast
Bangalore Oct. 22 Software-to-soap maker Wipro Ltd said its second quarter profits grew almost by a fifth aided by a weak currency and operational efficiencies, but forecast a muted outlook for its IT business in the December quarter ...
PUBLIC SECTOR BANKS:
Bank of India Q2 net rises 80% on robust credit growth
Mumbai, Oct 22 Bank of India reported an 80 per cent growth in second quarter net profit, beating analysts’ ...
PUBLIC SECTOR BANKS:
OBC net rises 36% on all-round growth
‘Review of lending rate only when cost of deposits comes down’. New Delhi, Oct. 22 Aided by buoyant growth in core operations, surge in treasury incomes and a write-back of income-tax provision of Rs 147 crore, Oriental Bank of ...
PHARMACEUTICALS:
Fluctuating rupee hits Cipla’s Q2 net profits
Co provides Rs 104 cr for forex losses. Uncertainty caused by the fluctuating rupee and the liquidity crisis continues to paint a grim scenario ahead, said drug-maker Cipla’s Chief Executive, Mr Amar Lulla. The Mumbai-based company saw its ...
PHARMACEUTICALS:
Piramal Healthcare Q2 net profit dips 13% on forex losses
Rs 40.81 cr provided towards loss on net foreign currency outstanding. Mumbai, Oct. 22 Foreign-exchange losses have begun to take their toll on drug companies active ...
AUTOMOBILE COMPONENTS:
Sona Koyo posts loss of Rs 7.3 cr
High commodity prices and a delay in compensation from its customers resulted in Sona Koyo Steering Systems Ltd on Wednesday reporting a loss of Rs 7.3 crore for the second quarter ended September 30, 2008 as against a net profit of Rs ...
BEARINGS, CASTINGS & FORGINGS:
SKF net profit declines 14%
Bearings maker SKF Ltd has posted an 11.2 per cent increase in its net sales for the quarter ended September 2008 (Q3) which stood at Rs 430.4 crore compared to the same quarter last year. The net profit at Rs 37 crore was however down by 14 ...
STEEL:
Jindal Saw net at Rs 100 cr
Jindal Saw Ltd on Wednesday reported a net profit of Rs 100 crore for the quarter ended September 2008 as against Rs 90 crore in the same quarter last year. The company’s net sales stood at Rs 1,485 crore as against Rs 1,429 crore in ...
POWER:
Reliance Power nets Rs 47 cr
Reliance Power Ltd, the power generating arm of the Anil Ambani group, has reported a net profit of Rs 47 crore for the quarter ending September 30. The net sales are nil as the company is yet to commence its commercial operation of the ...
FINANCIAL INSTITUTIONS:
Power Finance Q2 net up 17%
Led by robust topline growth, state-run Power Finance Corporation Ltd (PFC) on Wednesday announced a 17 per cent increase in net profit at Rs 329.32 crore for the second quarter ended September 30. The company had clocked a net profit of Rs ...
ENGINEERING:
Samkrg Pistons net down 30%
Samkrg Pistons and Rings Ltd’s net profit decreased 30 per cent at Rs 1.35 crore in the second quarter ended September 30, 2008 compared with Rs 1.93 crore in the corresponding quarter of previous fiscal. The total income, however, had gone ...
PRIVATE BANKS:
Higher interest buoys YES Bank net by 41%
Mumbai, Oct. 22 YES Bank’s net profit grew by 40.5 per cent to Rs 63.6 crore for the quarter ended September 30, aided by the substantial rise in net ...
MINERALS:
Hindustan Zinc Q2 net dips 18% as prices drop
Mumbai, Oct. 22 Hampered by a sharp drop in zinc prices, Hindustan Zinc has reported an 18 per cent decline in net profit at Rs 960 crore in the quarter ended September 30, against Rs 1,168 crore in the same period ...
RADIO/TV:
Zee Entertainment Q2 net up 84% on tax refund
Mumbai, Oct. 22 Zee Entertainment Enterprises Ltd clocked a 84 per cent increase in its net profit for the second quarter of the current fiscal at Rs 178.1 crore (Rs 97 crore), mostly helped by a tax write-back of Rs 79 crore during ...
INFRASTRUCTURE:
Reliance Infra Q2 net profit rises 15%
Mumbai, Oct 22 Reliance Infrastructure Ltd, the power utility and EPC company of the Anil Ambani group, has achieved 15 per cent increase in the net profit for the quarter ending September 30 at Rs 288 ...
FERTILISERS:
Coromandel Fert Q2 net up 73%
...
MEDICAL & SURGICAL EQUIPMENTS:
Opto Circuits Q2 net up 66%
Bangalore, Oct. 22 Opto Circuits (India) Ltd (OCI), leading manufacturer of medical diagnostics and interventional products, reported a 75 per cent increase in its net sales to Rs 217.02 crore in the September quarter compared with Rs ...
SUPPLY CHAIN MANAGEMENT:
TCI Q2 profits up 16%
...
PHARMACEUTICALS:
Hikal Q2 profit up 18%
...
PUBLIC SECTOR BANKS:
Bank of India results positively surprising
Recent CRR cut may release Rs 4,100 cr for on-lending. BL Research Bureau The net profit growth of 79 per cent reported by Bank of India for the September quarter places it among the best performers in the banking space; from the numbers ...
STEEL:
Optimum utilisation helps SAIL profit surge
Price realisations could be under pressure in Q3. In spite of a domestic slowdown, the revenues of steel major SAIL have increased by 33.6 per cent in the September quarter, attributable mainly to higher ...
CHEMICALS:
Kanoria Chem PAT dips to Rs 5.74 cr
Kanoria Chemicals & Industries Limited on Wednesday reported 29.6 per cent increase in net sales for the second quarter of the current fiscal to Rs 134.2 crore. The company’s profit after tax for the quarter stood at Rs 5.74 crore ...
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
|
RSS Feeds