CORPORATE RESULTS
OUTSOURCING
Nipuna records $2-m loss
Nipuna, the business process services subsidiary of Satyam Computer, posted revenues of $11.93 million and a net loss of $2.02 million during the quarter ended June 30.The company management provided a guidance of $61 million for fiscal ...
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AIRLINES
CIAL posts Rs 37-cr profit
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CEMENT
UltraTech posts 23% rise in Q1 net to Rs 259 cr
Lines up investments of Rs 3,300 cr over 3 years
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Ambuja Cements Q1 net up on one-time gain
Mumbai, July 20 Boosted by a one-time non-recurring income of Rs 474.18 crore, Ambuja Cements Ltd on Friday reported a net profit of Rs 877.75 crore in the quarter ended June against Rs 327.49 crore in the corresponding previous period, a rise ...
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ENGINEERING
Kirloskar Bros Q1 net profit down 34%
Pune, July 20 Pump manufacturers Kirloskar Brothers Ltd has posted a 34 per cent drop in its Q1 net profit, at Rs 25.71 crore against Rs 39.09 crore during the same quarter last year. Total income fell by 6 per cent to Rs 321.43 crore (Rs ...
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PHARMACEUTICALS
Cipla Q1 net profit down 30%
Mumbai, July 20 The appreciating rupee and high import costs caused a 30 per cent dip in Cipla Ltd’s net profit after tax for the first quarter or three months ended June 30, 2007. The company clocked a net profit of Rs 119.76 crore for ...
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PLASTICS
Jain Irrigation net up 61% at Rs 28 cr
Jain Irrigation has reported a 60.6 per cent growth in its net profit for the first quarter of fiscal 2007-08. The net profit increased to Rs. 28.22 crore from Rs. 17.57 crore for the corresponding quarter last year. The company’s net sales ...
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Finolex Cables Q1 profit up at Rs 31.8 crore
Pune, July 20 Finolex Cables Ltd has recorded net sales of Rs 302.38 crore for the quarter ended June 2007, as against Rs 211.74 crore for the corresponding period last year. Net profit for the quarter stood at Rs 31.8 crore as against Rs ...
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STEEL
Siscol Q1 net, turnover up
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AUTOMOBILE COMPONENTS
Exide net surges 84% at Rs 70 cr in first quarter
Kolkata, July 20 Exide Industries today reported 84 per cent rise in net profit at Rs 70 crore in the first quarter of this fiscal against Rs 38 crore in the same period of 2006-07. Turnover has gone up 51 per cent from Rs 563 crore in the ...
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ELECTRICAL GOODS
Areva operating profit up
Power distribution equipment maker Areva T&D today reported a 53 per cent jump in operating profit at Rs 58 crore for the quarter ended June 30.The company’s sales for the quarter stood at Rs 389 crore, up 19 per cent from the ...
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SOFTWARE
Satyam Q1 net rises 7% at Rs 378.32 cr
Surging rupee clips profitability; profit dips 3.8% sequentially
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Mastek consolidated Q4 net up 15%
Mumbai, July 20 Mastek Ltd has reported a 14.8 per cent rise in consolidated net profit for the quarter ended June 30, 2007. Net profit for the quarter was Rs 23.65 crore compared with Rs 20.59 crore posted during the same quarter of the ...
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METALS
Rupee rise to impact Tinplate’s margins
Reduced export earnings on account of the appreciation of the rupee, higher input costs and the pressure on margins is expected to impact the financial performance of The Tinplate Company of India in the current fiscal. According to Mr ...
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PUBLIC SECTOR BANKS
State Bank of Indore net profit jumps six-fold
Ahmedabad, July 20 State Bank of Indore posted a net profit of Rs 64.77 crore in the first quarter ended June 30, 2007, marking a six-fold jump over the corresponding figure of Rs 10.34 crore in June 2006. The bank attributed the ...
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State Bank of Bikaner & Jaipur Q1 net up 22%
New Delhi, July 20 State Bank of Bikaner & Jaipur (SBBJ) has reported a net profit of Rs 71 crore for the quarter ended June 30, 2007, representing a 22 per cent increase over the net profit of Rs 58 crore recorded in the same period last ...
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