Business Daily from THE HINDU group of publications
Sunday, July 30, 2006
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CORPORATE RESULTS

DIVERSIFIED
Grasim Ind Q1 net rises 24 pc to Rs 312 cr; revenues up 21 pc
Cement, viscose staple fibre business drives growth More

FINANCIAL SERVICES
Geojit board plans 10:1 stock split
Split to improve market liquidity More

TELECOMMUNICATIONS
VSNL net down 31 pc
Videsh Sanchar Nigam Ltd has reported a 31 per cent fall in net profit for the first quarter ended June 30 on a near flat growth in revenues. Net profit fell to Rs 88 crore (Rs 127 crore). Total revenue amounted to Rs 951 crore (Rs 944 ... More

AIRLINES
Jet Airways suffers loss on higher fuel costs
Q1 net loss at Rs 45 cr; net income rises 25.6% More

ENGINEERING
Bharat Forge Q1 net rises 5.31 pc
To invest Rs 350 crore in non-automotive biz More

FOOD & DAIRY PRODUCTS
Nestle net dips marginally
Margins impacted by increase in prices of commodities and growing prices of fuels/energies. More

HOTELS
Royal Orchid Hotels net up
Royal Orchid Hotels Ltd has recorded an 82 per cent increase in its net profit at Rs 8.32 crore during the first quarter of the fiscal 2006-07 compared to Rs 4.5 crore during the corresponding quarter of the previous year. The ... More

STEEL
Uttam Galva net profit rises
Uttam Galva Steels Ltd has reported a 4.4 per cent increase in its first quarter net profit at Rs 22.57 crore against Rs 21.62 crore in the year-ago period. Operating profit was Rs 56.24 crore compared to Rs 51.42 crore in the ... More

TEXTILES
Alok Ind Q1 net up at Rs 26.9 cr
Textile manufacturer Alok Industries Ltd has reported a 31 per cent rise in its first quarter net profit at Rs 26.92 crore compared to Rs 20.55 crore in the corresponding period last year. Net sales stood at Rs 357.86 crore, ... More

Gangotri Textiles net down at Rs 1.67 cr in Q1
Gangotri Textiles Ltd , which recently came out with a follow-on public issue, posted higher net sales in the first quarter of the current financial year. But its net profit declined in Q1 of 2006-07 compared to the same period last year. ... More

TYRES
JK Industries net slides in Q3
J.K. Industries (JKI) has reported a net profit of Rs 3.63 crore for the quarter ended June 30, 2006 compared to Rs 8.88 crore posted during the same quarter in the previous year. Net sales of the company for the period under review stood at Rs ... More

REAL ESTATE & CONSTRUCTION
Unitech net rises 798 pc
Real estate developer Unitech Ltd has recorded a net profit of Rs 74 crore for the first quarter ended June 30, an increase of 798 per cent against Rs 8.24 crore recorded in the corresponding period of the previous fiscal. The ... More

Madhucon net increases 163 pc
Madhucon projects Ltd has recorded a net profit of Rs 9.1 crore on a turnover of Rs 113.05 crore for the first quarter ended June 30, registering a growth of 163 per cent over the net profit of Rs 3.46 crore and 85 per cent in ... More

SOFTWARE
Visualsoft income, net nosedive
Visualsoft Technologies Ltd recorded significant dip in its total income of Rs 18.71 crore and a net profit of Rs 0.25 crore for the first quarter ended June 30, 2006, as against a total income of Rs 52.05 crore and a net profit ... More

MINERALS
MMTC posts 14 pc rise in Q1 net
Plans to add new products and markets to its portfolio More

PRIVATE BANKS
IndusInd net dips 80%
Lower profit on sale of investments More

Karnataka Bank Q1 net at Rs 41 cr
Karnataka Bank Ltd has posted a net profit of Rs 41.03 crore in the first three months of the current financial year against Rs 41.69 crore in the corresponding period of the previous fiscal, registering a decline of 1.58 per cent. However, ... More

PUBLIC SECTOR BANKS
Corporation Bank net rises 16.7 pc in Q1
Plans to make a foray into credit card business More

SBH net grows 11 pc in Q1
Net up by 11.33 pc compared to Q1 of previous fiscal More






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Top Stories
SBH hikes housing loan, deposit rates


Cabinet note on power plant for Rlys sent to Finance Ministry

Grasim Ind Q1 net rises 24 pc to Rs 312 cr; revenues up 21 pc

Caparo Group keen on more investments in TN

Geojit board plans 10:1 stock split

Looking back
Jul. 23-Jul. 29
ABB India posts 65 pc increase in Q2 net profit

OBC plans insurance foray

Indian Bank Q1 net rises 21 pc at Rs 165 cr

BPCL incurs Rs 677-cr loss in first quarter

EIH announces 12 new projects in India, abroad


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