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Sunday, July 29, 2007
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CORPORATE RESULTS

DIVERSIFIED
Nava Bharat Ventures net up at Rs 58 cr
Hyderabad, July 28 Nava Bharat Ventures Ltd recorded sales income of Rs 203.77 crore and a net profit of Rs 57.96 crore for the first quarter ended June 30, 2007 against sales of Rs 137.77 crore and a net profit of Rs 34.14 crore for the ... More

CEMENT
Grasim net profit up 64%
Rise in realisations from firm international prices backed by demand More

J.K. Cement net climbs 59% in Q1
Mumbai, July 28 J.K. Cement Ltd has reported a 59 per cent rise in net profit to Rs 52.5 crore in the first quarter ended June 30, 2007 against Rs 33 crore in the corresponding quarter last year. Turnover increased 17 per cent to Rs ... More

PETROLEUM
Reliance Ind Q1 net rises 28%
Profit at Rs 3,264 cr driven by higher margins from refining business More

Gujarat Gas PAT up 91% in Q2
Gujarat Gas Company Ltd’s profit after tax (PAT) increased by 91 per cent to Rs 42.24 crore in the second quarter of the year ended June 30, 2007, compared with Rs 22.15 crore during the corresponding period last year, the company said. ... More

PHARMACEUTICALS
Natco Pharma PAT dips to Rs 7.7 cr
Natco Pharma Ltd’s profit after tax (PAT) decreased by over 12 per cent to Rs 7.7 crore in the first quarter ended June 30, 2007 against Rs 8.7 crore in the comparable quarter of last fiscal year. However, the total revenues increased 23 ... More

Matrix Lab net down 20%
Matrix Laboratories Ltd’s net profit decreased 20 per cent at Rs 26.9 crore in the first quarter ended June 30, 2007 against Rs 33.8 crore in the comparable period of last fiscal. The sales grew marginally to Rs 447 crore from earlier year ... More

Vimta Labs net soars
Vimta Labs’ profit after tax (PAT) increased manifold to Rs 87.16 lakh in the first quarter of current fiscal ended June 30, 2007 against Rs 14.43 lakh in the comparable period last year. The gross revenue increased to Rs 18.27 crore ... More

TEXTILES
Sutlej Textiles net dips
Kolkata, July 28 Sutlej Textiles and Industries Ltd for the quarter ended June 30, 2007 has recorded a 47.73 per cent slide in profit after tax at Rs 5.86 crore (Rs 11.21 crore). Net sales for the quarter, however, increased to Rs 195.16 crore ... More

AUTOMOBILE COMPONENTS
Elgi Equipments net rises 65%
Compressor and automotive equipment maker Elgi Equipments Ltd has recorded a 65 per cent rise in its net profit at Rs 7.8 crore for the quarter ended June 30, 2007 compared with Rs 4.7 crore realised for the same period in 2006-07 fiscal. The ... More

GEMS & JEWELLERY
Rajesh Exports Q1 net zooms
Bangalore, July 28 Rajesh Exports Ltd has reported a 125.72 per cent rise in the first-quarter net profit at Rs 42.13 crore. Revenues for the quarter grew 34.26 per cent to Rs 2,030.23 crore. ... More

REAL ESTATE & CONSTRUCTION
Lanco Infratech net surges
Lanco Infratech Ltd has reported a total income of Rs 603.3 crore during the first quarter ended June 30, 2007, a growth of 2.37 times over Rs 254.7 crore in the comparable quarter of the last fiscal. In its consolidated un-audited financial ... More

HARDWARE
Moser Baer PAT up 49% in Q1
Optical storage media major Moser Baer India posted a 49 per cent rise in net profit for the first quarter ended June 2007 at Rs 9.6 crore on the back of better cost management and hedging. The company’s gross revenues for in the ... More

TEXTILE MACHINERY
LMW Q1 net rises 40%
Lakshmi Machine Works Ltd (LMW) has registered a near 30 per cent increase in net sales in the first quarter of the current fiscal compared to the same quarter last year.The net profit, in spite of higher provisioning for taxation, has ... More

PUBLIC SECTOR BANKS
SBI net jumps 78.5% in Q1
Interest income boosts bottomline More

SBI: Impressive performance despite the gloss
Chennai, July 28 SBI’s performance looks spectacular, although the gloss has much to do with a relatively poorer performance a year ago. At that time (quarter ended June 2006), profits had dipped 35 per cent to Rs 799 crore due in part ... More

Bank of Baroda net surges 102.6%
Strong growth in net interest income fuels rise More






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