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Tuesday, January 30, 2007
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CORPORATE RESULTS

DIVERSIFIED
L&T Q3 net rises 33 pc at Rs 344 cr
The boom in the infrastructure sector helped Larsen & Toubro Ltd notch up a 33 per cent increase in its net profit for the third quarter of the current fiscal at Rs 343.90 crore against Rs 259.27 crore in the corresponding previous ... More

Aditya Birla Nuvo net little changed at Rs 55 cr
Aditya Birla Nuvo, which has interests ranging from textiles and telecom to fertilisers and IT, has reported a net profit of Rs 55.34 crore for the third quarter of the current fiscal, against Rs 55 crore for the corresponding quarter of the last ... More

NON-CONVENTIONAL ENERGY
Suzlon Q3 net up 8.8 pc
Suzlon Energy Ltd has reported 8.82 per cent increase in net profit to Rs 176.23 crore for the third quarter ended December 2006, from Rs 161.94 crore in the corresponding previous period. Total income rose 30.44 per cent to Rs 1,126.07 crore ... More

CHEMICALS
GHCL plans more M&As; income rises 28% in Q3
Income from operations up 28 pc in Q3 More

FOOD & DAIRY PRODUCTS
Britannia Q3 net down 54% at Rs 16.4 cr
Britannia Industries has posted 54 per cent decline in third-quarter net profit to Rs 16.4 crore. A release said that though the topline recorded 31.4 per cent growth to Rs 567.3 crore during the same period, "unprecedented and inordinate ... More

PETROLEUM
BPCL reports Rs 303.5-cr net profit in Q3
Nine-month profit at Rs 1,135.5 crore More

Oil bonds shore up IOC profits
Q3 net at Rs 1,059 cr; losing Rs 40 cr per day on fuel sales More

Gulf Oil Q3 net up 27 pc
Gulf Oil Corporation has recorded a turnover of Rs 167.41 crore and a net profit of Rs 6.53 crore for the quarter ended December 31, 2006 as against a turnover of Rs 122.92 core and a net profit of Rs 5.11 crore for the corresponding quarter last ... More

PHARMACEUTICALS
Suven Life net up; board okays 1:1 bonus, stock split
Suven Life Sciences Ltd has reported a growth of 19 per cent for the quarter ended December 31, 2006 in both profit and revenue compared to the corresponding quarter of the previous year. While the sales stood at Rs 32.25 crore (Rs 27.11 ... More

POWER
Tata Power posts 22.9% rise in Q3 net
Tata Power reported a 22.9 per cent increase in its third quarter net profit although revenues declined by 2 per cent. In the corresponding year-ago quarter, the company completed the sale of Tata Power Broadband, which had resulted in a profit ... More

STEEL
SAIL net up 124 pc in Q3
Higher production and sales growth mark performance More

RADIO/TV
Saregama India nets Rs 3.7-cr profit
Saregama India has posted a net profit of Rs 3.7 crore for the third quarter ended December 31, 2006, up from Rs 2.58 crore recorded in the corresponding quarter of the previous year. The company's net sales for the quarter stood at Rs 22.30 ... More

TV18 net income up 51 pc in Q3
Television Eighteen India Ltd today said its net income for the third quarter of this fiscal was up 51 per cent at Rs 19.32 crore, from Rs 12.8 crore during the corresponding quarter last fiscal. The news broadcaster said in a statement that ... More

AUTOMOBILE COMPONENTS
Sundram Fasteners net up 74 pc
Sundram Fasteners has reported 74 per cent growth in for third-quarter net profit to Rs 20.94 crore, up from Rs 12.02 crore in the corresponding previous period. Profit before tax almost doubled to Rs 32.18 crore (Rs 17.38 crore). The company ... More

REAL ESTATE & CONSTRUCTION
IVRCL turnover up 42.5 pc in Q3
IVRCL Infrastructures and Projects Ltd has registered a turnover of Rs 533.46 crore for the third quarter ended December 31, 2006, against Rs 374.44 crore in the previous year, showing a growth of 42.47 per cent. The profit before tax (PBT) ... More

Madhucon Projects Q3 net grows 30 pc
Madhucon Projects Ltd (MPL) has reported an income of Rs 120.50 crore for the quarter ended December 31, 2006 against Rs 101.52 crore for the corresponding quarter of last year, a growth of 18.70 per cent. The net profit for Q3 of the current ... More

SOFTWARE
Subex Azure Q3 net rises 65%
Subex Azure Ltd, a vendor of revenue maximisation solutions for telecom operators, today reported a 65 per cent increase in its net profit at Rs 19.1 crore on a consolidated revenue of Rs 106.2 crore for the quarter ended December 31, 2006. The ... More

PAINTS
Asian Paints Q3 net rises 7.1 pc
Asian Paints has reported a 7.1 per cent increase in net profit at Rs 65.3 crore for the third quarter of the current fiscal, against Rs 60.9 crore in the same year-ago period. Net Sales increased by 12.9 per cent to Rs 705.9 crore (Rs 625.4 ... More

PRIVATE BANKS
IndusInd Bank to raise Rs 200 cr thru GDR issue
Third quarter net falls 21 pc due to `tax credit distortions' More

PUBLIC SECTOR BANKS
Andhra Bank net up at Rs 136.3 cr
Steep fall in non-performing assets; yield on advances rise to 9.7 pc More

UCO Bank net marginally rises to Rs 122.9 cr in Q3
Business crosses Rs 1-lakh cr; `CAR quite comfortable' More

FINANCIAL INSTITUTIONS
IFCI's Q3 net at Rs 129.4 cr
IFCI Ltd on Monday reported a net profit of Rs 129.37 crore on a total income of Rs 367.54 crore for the quarter ended December 31, 2006. The company had registered a net loss of Rs 17.37 crore on a total income of Rs 279.91 crore for the same ... More






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Jan. 21-Jan. 27
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High material costs drag down TVS Motor Q3 net



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