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Friday, October 23, 2009
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CORPORATE RESULTS

ENGINEERING: L&T net rises 26% on ‘other income’ boost
Mumbai, Oct. 22 Engineering and construction major Larsen & Toubro has posted a 26 per cent rise in net profit at Rs 580 crore for the quarter ended September 30 against Rs 460 crore logged during the corresponding period ...

PHARMACEUTICALS: Jubilant Organosys’ focus on pharma pays
Q2 profits at Rs 57 cr; company to raise Rs 500 cr. New Delhi, Oct. 22 Jubilant Organosys Ltd, an integrated pharmaceutical industry player and the largest custom research and manufacturing services company in the country, reported profits of Rs ...

PUBLIC SECTOR BANKS: Allahabad Bank posts eight-fold jump in net
Kolkata, Oct. 22 Backed by a substantial rise in fee-based income contributed by higher treasury gains, Allahabad Bank posted an eight-fold jump in net profit at Rs 333 crore for the quarter ended September 30, 2009, against Rs 42 crore ...

PHARMACEUTICALS: Domestic growth aids Piramal Health
Custom manufacturing weighs down performance. Mumbai, Oct. 22 Investments in the domestic sector bore fruit for Piramal Healthcare Ltd (PHL) in the second quarter of the current financial year. But PHL’s custom manufacturing operations ...

NBFCS: Manappuram Finance net rises 177%
Mumbai, Oct. 22 Kerala-based non-banking financial company Manappuram General Finance and Leasing Ltd (MAGFIL), has registered a 177 per cent rise in net profit to Rs 18 crore for the quarter ended September 2009, compared with Rs 6.67 crore ...

METALS: Hind Zinc net down 3%
Mumbai, Oct. 22 Hindustan Zinc, a Vedanta Group company, has reported a three per cent drop in net profit to Rs 935 crore for the quarter ended September 30, against Rs 960 crore registered in the corresponding period ...

PHARMACEUTICALS: Biocon Q2 net grows 86%, income 16%
Biocon Ltd’s standalone net profit rose almost 86 per cent to Rs 62.3 crore during the second quarter ended September ...

CEMENT: OCL net rises 51% in Q2
New Delhi, Oct. 22 The increasing demand in cement aided OCL India Ltd achieve a 51 per cent growth in net profit for the quarter ended September 2009. The net profit stood at Rs 33.41 crore compared with Rs 22.12 crore in the ...

DIVERSIFIED: Healthy order intake improves L&T’s prospects in second quarter
Larsen & Toubro’s strong order inflows for the quarter ended September 2009 provide comfort on its future earnings growth even as revenue expanded by a tepid 7 per cent for the quarter (on continuing businesses) over the ...

PAINTS: Asian Paints net at Rs 254 cr
Asian Paints’ net profit grew 108 per cent to Rs 254.32 crore for the quarter ended September 30, against Rs 121.71 crore for the year-ago period. Total income has increased to Rs 1,472.91 crore from Rs 1,186.09 crore, a growth of 24 per ...





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Markets (Oct 22)
Nifty (at close)4,988.60(-75.00)
US Dollar (Buy/Sell)46.74/75
Brent crude (a bbl) Rs3,639
Gold (a gram) Rs1,495
Silver (a kg) Rs28,435


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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

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