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CORPORATE RESULTS
SOFTWARE:
Infosys Q3 net rises 33% on higher earnings growth
Muted guidance for March quarter; next 12-18 months challenging. Bangalore, Jan. 13 Defying the economic slowdown, Infosys posted better-than-expected earnings growth for the December quarter aided by a weaker rupee and improved operational ...
FINANCIAL SERVICES:
Extraordinary income pushes up Geojit net by 74%
Motilal Oswal results show 62% decline in profit. Mumbai, Jan. 13 The trend of declining profits for the broking and financial services industry appears to be continuing into the third quarter of the current fiscal too, going by the results of ...
TEXTILES:
Sanghi Polyesters loss at Rs 7.92 cr
Sanghi Polyesters Ltd, for the quarter ended December 31, 2008, has reported a net loss of Rs 7.92 crore as against a net profit of Rs 35.56 crore in the corresponding previous quarter. The company’s net sales dipped 37.29 per cent to Rs ...
SUPPLY CHAIN MANAGEMENT:
Sical posts Rs 4.17-cr net loss in Q3
Chennai, Jan. 13 Sical Logistics Ltd has reported a net loss of Rs 4.17 crore for the quarter ended December 2008 compared with a net profit of Rs 14 crore for the corresponding quarter of last year. This was, however, because of the hit ...
SOFTWARE:
CMC’s third-quarter net up 19%
Mumbai, Jan. 13 CMC Ltd, a subsidiary of Tata Consultancy Services, today reported a 19.12 per cent rise in consolidated net profit for the third quarter ended December 31, 2008 to Rs 25.98 crore from Rs 21.81 crore reported in the same quarter ...
SOFTWARE:
Cost management, rupee help earnings
No positive signs on business environment. BL Research Bureau Infosys Technologies has come up with a reasonable earnings picture for the latest December quarter more due to internal cost management and fine-tuning of operating metrics, rather ...
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