Business Daily from THE HINDU group of publications
Thursday, January 29, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, January 29, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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PETROLEUM: ONGC’s Q3 net dips 43% Impact of low crude prices, higher subsidy payout. New Delhi, Jan. 28 Low crude oil prices and high subsidy payout had their impact on ONGC’s performance in the third quarter of the current fiscal (FY09). The company’s net profit for ... CHEMICALS: Tata Chem net dips 95%, sales double Mumbai, Jan. 28 Tata Chemicals’ net profit plunged 95 per cent to Rs 6 crore in the third quarter of the financial year ended December 31, against Rs 125 crore reported in the same quarter ... INSURANCE: Max India consolidated net loss widens on insurance expansion New Delhi, Jan. 28 Max India has reported a consolidated net loss of Rs 94 crore for the quarter ended December 31, 2008, against net loss of Rs 4 crore in the corresponding period in the ... PETROLEUM: HPCL posts net loss of Rs 422 cr in Q3 Mumbai, Jan. 28 Hindustan Petroleum Corporation (HPCL) has reported a net loss of Rs 422.03 crore in the third quarter of this financial, as against Rs 15.74 crore in the same period ... CEMENT: India Cements net halves on high production costs Chennai, Jan. 28 India Cements has reported a nearly 50 per cent drop in net profits for the third quarter ended December 31, 2008. The company has also decided to defer plans to set up one of the two production facilities it had announced in ... PETROLEUM: GAIL net falls 59% on subsidy burden New Delhi, Jan. 28 Heavy subsidy payout in the third quarter of the current fiscal strains GAIL (India) Ltd, with the company’s net profit declining by 59 per cent. Its net profit for the quarter ended December 31, 2008 dipped to Rs ... HCV/LCV/TRACTORS: Ashok Leyland Q3 profit plunges 84% Chennai, Jan. 28 Ashok Leyland’s net profit for the third quarter ending December 2008 dropped to Rs 18.9 crore, an 84 per cent drop over the Rs 120 crore recorded during the corresponding period last ... GLASS: Asahi’s Q3 net down at Rs 21 cr New Delhi, Jan. 28 Automotive and construction glass maker, Asahi India posted a loss of Rs 21.34 crore in the third quarter ended December against net loss of Rs 3.15 crore for the corresponding quarter the previous fiscal. The ... HCV/LCV/TRACTORS: Escorts lowers net loss on higher sales New Delhi, Jan. 28 Escorts Ltd reported a lower loss to Rs 0.3 crore (Rs 5.92 crore) for the first quarter ended December 2008. This is mainly due to the increase in ... PHARMACEUTICALS: Zydus Cadila consolidated net up 17% Ahmedabad, Jan. 28 Pharma major Zydus Cadila reported a rise of 17 per cent in its third quarter consolidated net profit at Rs 61 crore compared with the previous year’s net profit at Rs 52 ... TEA: Harrisons Malayalam Q3 net rises 39% Kochi: Harrisons Malayalam Ltd (HML), an RPG company, has posted a profit before interest and exceptional items of Rs 26.20 crore during the first nine months of the current fiscal registering an increase of 128 per cent. ... SUGAR: EID Parry Q3 net dips Chennai, Jan. 28 E.I.D. Parry (India) Ltd has reported a net loss of Rs 16.45 crore on net sales of Rs 74.73 crore for the third quarter ended December 31, 2008, according to a press release of the stand ... ALUMINIUM: Global slump drags Nalco Bhubaneswar, Jan. 28 National Aluminium Company Ltd (Nalco) has achieved a net profit of Rs 219.46 crore, on a sales turnover of Rs 1,091.97 crore, for the third quarter, according to a ... TELECOMMUNICATIONS: Tata Comm net zooms 203% Mumbai, Jan. 28 Tata Communications has reported a 203 per cent rise in net profit for the quarter ended December 31, 2008 to Rs 81 crore from Rs 26.7 crore reported in the same quarter a year ... CHEMICALS: GACL Q3 net drops 55% Ahmedabad, Jan. 28 Owing to the recession in the global economy, GACL’s third quarter net profit dropped 55 per cent to Rs 32.45 crore compared with the previous year’s net profit of Rs 72.14 ... TRADING: NMDC Q3 net rises 47% Hyderabad: National Mineral Development Corporation Ltd (NMDC) has reported a 47.17 per cent increase in the net profit for the quarter ended December 31, 2008. The company’s net profit was at Rs 1,424.95 crore (Rs ... PUBLIC SECTOR BANKS: Bank of Maharashtra Q3 net rises 20% Pune, Jan. 28 Bank of Maharashtra has reported a net profit of Rs 120.66 crore during the third quarter of 2008, a growth of 20.21 per cent over last year, while its total income (interest plus other income) touched Rs 1,292.60 crore, a rise ... PERSONAL PRODUCTS: Dabur Q3 net grows 15% New Delhi, Jan. 28 Dabur India reported a 15 per cent growth in standalone net profits at Rs 104.7 crore, for the quarter ended December 2008. Net sales grew 16 per cent to Rs 673.6 crore during the ... PRIVATE BANKS: City Union Bank profit rises 26.6% Coimbatore, Jan. 28 City Union Bank’s profit after tax jumped 26.6 per cent to Rs 32.13 crore during the third quarter ended December 2008, against Rs 25.38 crore during the corresponding quarter of the previous ... AUTOMOBILE COMPONENTS: Amara Raja profit dips Chennai: Amara Raja Batteries Ltd has recorded net sales of Rs 339 crore with a net profit of Rs 18.7 crore for the third quarter ending December 2008. The top line grew by about nine per cent while the net profit declined by ... PHARMACEUTICALS: Natco Pharma net up 6% Hyderabad: Natco Pharma Ltd’s net profit increased 6 per cent at Rs 12.11 crore in the quarter ended December 31, 2008 compared with Rs 11.43 crore in the corresponding period in previous financial year. The total ... CHEMICALS: Kanoria Chem New Delhi: Kanoria Chemicals & Industries Ltd (KCIL) on Tuesday reported net sales of Rs 114 crore (Rs 111 crore) for the third quarter of the current financial year. The PBT and PAT for the quarter stood at Rs 11 crore and ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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