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Wednesday, April 29, 2009
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CORPORATE RESULTS

FINANCIAL SERVICES: India Infoline's Q4 net profit down 64%
India Infoline reported a 64.22 per cent dip in standalone net profit for the fourth quarter ended March 31, 2009, as income from broking, its largest business, ...

PUBLIC SECTOR BANKS: Central Bank Q4 net falls 51% on higher provisioning
To focus on recovery in a big way this fiscal: CMD. Mumbai, April 28 Central Bank of India’s net profit fell by 51 per cent to Rs 62 crore for the quarter ended March 31, 2009, from Rs 127 crore in the same period last year, due to lower ...

PUBLIC SECTOR BANKS: Syndicate Bank net rises to Rs 914 cr
Gross NPA reduced to 1.93% in 2008-09. Bangalore, April 28 Public sector Syndicate Bank restructured Rs 3,382 crore of advances in 2008-09 in a bid to contain ...

DIVERSIFIED: Aditya Birla Nuvo dips deeper into red
Mumbai, April 28 Aditya Birla Nuvo, with interest in telecom, BPO, garments and insurance, has dipped deeper into the red on the back of high expenses incurred by the insurance business, expansion of cellular operations, cancellation of ...

PUBLIC SECTOR BANKS: Vijaya Bank net declines 27% last fiscal
Bangalore, April 28 Public sector Vijaya Bank made a cash recovery of Rs 311 crore for the financial year ended 2008-09, though net profit dropped 27 ...

DIVERSIFIED: Eveready Industries back in black
Lamp, packet tea and flashlight businesses poised to increase. Kolkata, April 28 Eveready Industries Ltd is back in the black in 2008-09 with a net profit of Rs 19.40 crore (net loss of Rs 19.32 crore ...

PHARMACEUTICALS: Vimta Labs Q4 net up 23%
...

PHARMACEUTICALS: Biocon Q4 net down 61% on mark-to-market losses
Bangalore, April 28 Biocon Ltd said the exchange rate volatility during fiscal 2008-09 pulled the company’s net profit down 74 per cent at Rs 111.8 crore ...

BREWERIES: United Spirits’ profits dip on higher interest costs
Bangalore, April 28 Higher interest costs have dragged down the net profit of United Spirits to Rs 55.62 crore, a drop of 14.57 per cent for the fourth quarter ...

METALS: Lower realisations hit Sterlite bottomline
Mumbai, April 28 The sharp fall in realisations of metals such as lead, zinc and aluminium has taken a toll on the consolidated financial performance of ...

PRIVATE BANKS: ING Vysya Bank net increases 20%
Bangalore, April 28 The ING group remains committed to its banking operations in India though it is not prepared to commit any capital for ...

PHARMACEUTICALS: GSK Pharma Q1 net up 18%
Mumbai, April 28 Drug-maker GlaxoSmithkline Pharmaceuticals Ltd expects to see an increased thrust on promotional efforts to support new products, including the recently launched cervical cancer vaccine, ...

SOFTWARE: Hexaware Tech posts 17% dip in Q1 profit
Mumbai, April 28 IT solution company Hexaware Technologies has reported a 17.1 per cent dip in net profit for the first quarter ended March 2009 as the company encountered forex losses in a challenging macro ...

SOFTWARE: Tata Elxsi net up at Rs 23 cr
Tata Elxsi Ltd, the product design arm of Tata group, reported a 31.35 per cent rise in consolidated net profit to Rs 23.12 crore for the fourth-quarter ended March 2009 against Rs 17.58 crore in the corresponding previous ...






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Markets (April 28)
Nifty (at close)3,362.10(-108)
US Dollar (Buy/Sell)50.51/52
Brent crude (a bbl) Rs2,476
Gold (a gram) Rs1,364
Silver (a kg) Rs22,250


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