Business Daily from THE HINDU group of publications
Friday, July 24, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, July 24, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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CEMENT: ACC net profit surges 85% in Q2; Ambuja Cements’ falls 44% Mumbai, July 23 It was a mixed bag for two Holcim-owned cement companies for the second-quarter ended June ... PUBLIC SECTOR BANKS: Union Bank net soars 94% on high non-interest income To raise Rs 1,500 crore from Tier-II bonds. Mumbai, July 23 Union Bank of India’s net profit surged 94 per cent to Rs 442 crore for the quarter ended June 2009, against Rs 228 crore in the corresponding quarter last year. The rise in net ... SOFTWARE: Bharti Airtel’s Q1 net rises 24% on subscriber growth But ARPU, minutes of usage fall. New Delhi, July 23 Bharti Airtel Ltd has reported a 24-per cent increase in net profit to Rs 2,517 crore for the first quarter ended June 2009 compared to Rs 2,025 crore in the corresponding period last ... PETROLEUM: Low crude prices, discounts hit ONGC net Profit dips 27% to Rs 4,848 cr; realisations down by half. New Delhi, July 23 Lower crude oil prices and discounts given to public sector refiners have led to ONGC registering a 26.9 per cent dip in its net profit for the first quarter of the ... DIVERSIFIED: Paper & packaging, FMCG boost ITC net Income from hotels, agri-business drops. Kolkata, July 23 Growth in fast moving consumer goods (FMCG) and paper and packaging business helped ITC Ltd post 17 per cent growth in net profit at Rs 879 crore for the quarter ended June 30, against ... ENGINEERING: BOC India net down at Rs 9.7 cr BOC India posted net sales of Rs 213.08 crore for the second quarter ended on June 30, an increase of 57 per cent over the corresponding quarter in the last year, owing to growth in bulk gas and project engineering businesses. The gases ... SUGAR: Renuka Sugars Q1 profit trebles Shree Renuka Sugars has reported 165 per cent jump in net profit at Rs 61 crore in the first quarter ended June 30, against Rs 23 crore in the corresponding period last year. Total income increased 19 per cent to Rs 725 crore (Rs 607 crore) in ... ROADWAYS: TCI net rises 35% Transport Corporation of India (TCI) recorded a net profit of Rs 7.9 crore, up 35 per cent over the Rs 5.86 crore registered in the corresponding period the previous fiscal despite a marginal dip in net sales. The company reported net sales of ... PUBLIC SECTOR BANKS: Indian Bank Q1 profit rises 52% on growth in income Chennai, July 23 Growth in net interest income and trading profits catapulted Indian Bank’s net profits by 52.4 per cent to Rs 331.6 crore in the first quarter of 2009-10, compared with Rs 217.6 crore for the same period ... PETROLEUM: MRPL Q1 profit falls 50% New Delhi, July 23 Decline in refining margins has led to a drop in net profit of Mangalore Refinery & Petrochemicals Ltd (MRPL) by 50 per cent for the first quarter of the current fiscal as against the same quarter ... CEMENT: Madras Cements net up 21% Madras Cements has reported a 21 per cent growth in net profit in the first quarter ended June 30, 2009, compared with the corresponding period ... LEATHER: Bata India Q2 revenue up 8% ... FERTILISERS: Deepak Fert Q1 net down at Rs 39 cr Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) has announced a decline in net profit during the first quarter of the current fiscal. The profit was Rs 38.91 crore against Rs 44.88 crore for the corresponding period last ... RADIO/TV: NDTV incurs Rs 2.4-cr net loss in Q1 New Delhi, July 23 New Delhi Television has reported a net loss of Rs 2.4 core for the first quarter of 2009-10 financial year, compared with a net profit of Rs 2 crore reported in the corresponding quarter the ... TYRES: Apollo Tyres net doubles; sales up 10% New Delhi, July 23 Apollo Tyres standalone net profits nearly doubled while sales grew 10 per cent for the quarter ended June 30, 2009 over the same period ... AUTOMOBILE COMPONENTS: Rane Engine net down 90% Chennai, July 23 Rane Engine Valves Ltd (REVL), part of auto component major Rane Group, reported a 90 per cent drop in its net profit to Rs 12 lakh in the quarter ended June 30, from Rs 1.21 crore reported in the same period a year ... CARS: Maruti Q1 profits rise on higher sales Maruti Suzuki net profits were up an unexpected 25 per cent at Rs 583.5 crore for the first quarter in ... PHARMACEUTICALS: Biocon net up 58% in Q1 on services push Bangalore, July 23 Biocon Ltd’s net profit for the April-June quarter soared 58 per cent year on year to Rs 47.55 crore from Rs 30 crore, shaking off last year’s MTM (mark-to-market) hits. Profit was aided by all-round ... SOFTWARE: Zensar Tech net income up 20% Pune, July 23 Zensar Technologies recorded a nine per cent growth in revenues for the first quarter of the current ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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