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CORPORATE RESULTS
SOFTWARE:
TCS beats expectations, but sees ‘some shocks in the way’
Q1 net up 19% on growth in key industry verticals, more work shifted onshore. Tata Consultancy Services beat market expectations with a 19-per cent rise in the net profit for the first quarter ended June 30, 2009 in spite of the challenging ...
ELECTRICAL GOODS:
Exide Industries hopes to power ahead in industrial batteries
Bets on higher volume pick-up in the German market. Kolkata, July 17 At a time when the global market for industrial batteries has nearly halved leading to the closure of two of the largest battery-makers which were previously controlling 30 per ...
SOFTWARE:
Sasken net rises 47%
Forex gains, lower marketing expenses help. Bangalore July 17 Despite a 17 per cent decline in revenues, Sasken Communication Technologies Ltd posted a 47 per cent year-on-year growth in June quarter net profit, aided by foreign exchange gain of ...
FINANCIAL SERVICES:
India Infoline standalone net up 8% in Q1
Mumbai, July 17 India Infoline reported an 8 per cent increase in its standalone net profit for the first quarter of the current fiscal. It rose marginally to Rs 44.5 crore from Rs 41.2 crore during the corresponding year-ago ...
SOFTWARE:
Sonata Soft net falls marginally
Bangalore, July 17 The Bangalore-based Sonata Software Ltd reported a modest sequential growth in net profit for the June quarter though it fell marginally compared with the year-ago period, and showed greater confidence about ...
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