CORPORATE RESULTS
DIVERSIFIED
Aditya Birla Nuvo Q1 net down 53%
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FINANCIAL SERVICES
Emkay net up 29.5%
Mumbai, July 30 Emkay Shares and Stock Brokers Ltd has reported a 29.55-per cent increase in net profit at Rs 47.19 crore (Rs 37.92 crore) for the quarter ended June 30, 2007. Net sales rose 12.91 per cent to Rs 348.14 crore as against Rs ...
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AIRLINES
Jet Air reports Rs 31-crore Q1 profit
Jet Airways India Ltd reported a net profit of Rs 31 crore for the first quarter ended June 30, as against a loss of Rs 45 crore in the corresponding quarter last year. According to the company, a $32 million forex gain has contributed to the ...
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SpiceJet Q1 net at Rs 18.5 cr
A higher operating income, large net forex fluctuation gain and profits from sale of aircraft has helped low-cost airline Spicejet to report a net profit of Rs 18.54 crore for the quarter ended June 30, as compared to net loss of Rs 3.42 ...
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CEMENT
NCL Ind net down
Hyderabad, July 30 NCL Industries Ltd’s net profit decreased to Rs 4.06 crore in the first quarter ended June 30, 2007 against Rs 4.55 crore in the comparable quarter last fiscal. The total turnover increased marginally to Rs ...
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CHEMICALS
Kanoria Chem net up 461.8%
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ENGINEERING
Praj Ind posts Rs 28.35-cr PAT
Praj Industries has recorded total income of Rs 158.28 crore for the first quarter of the current fiscal against Rs 81.20 crore for the same period last year. The profit before tax stood at Rs 38.14 crore (Rs 10.97 crore) and profit after tax was ...
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Punj Lloyd first-quarter net zooms 126%
New Delhi, July 30 Punj Lloyd Ltd has reported a 72 per cent growth in consolidated total income at Rs 1,417.95 crore for the first quarter compared with the same period last year.Consolidated EBIDTA for the period stood at Rs 144.41 ...
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PETROLEUM
IndianOil net rises 11% to Rs 1,468 cr
New Delhi, July 30 Gains from rupee appreciation and good refinery margins helped Indian Oil Corporation Ltd (IOC) register an 11 per cent rise in net profit for the first quarter of the current fiscal at Rs 1,468 crore against Rs 1,321.82 ...
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PHARMACEUTICALS
Glenmark Q1 consolidated net surges 206%
Mumbai, July 30 Buoyed by “collective growth” across different international markets, Glenmark Pharmaceuticals posted a 206 per cent growth in its consolidated profits for the first quarter ended June 30, 2007. The company ...
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STEEL
Tata Steel net up 29% on better realisation of prices
Mumbai, July 30 Tata Steel Ltd has posted a 29 per cent rise in net profit for the quarter ended June 30, thanks to a combination of better realisation in the average price of steel and currency valuation gains on foreign borrowings. Net ...
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TEA
McLeod Russel net profit up at Rs 19 cr
During the quarter ended June 30, 2007, McLeod Russel India Ltd posted a huge jump in profits on an estimated 3.5 per cent growth in sales at Rs 73.55 crore (Rs 71.09 crore in the same period last year). The profit before tax amounted ...
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TYRES
JK Tyre Q3 net rises six fold
New Delhi, July 30 JK Tyre and Industries Ltd has reported a more than six-fold jump in its net profit at Rs 20.19 crore for the third quarter ended June 30, compared to Rs 3.7 crore during the same quarter last fiscal.The net sales ...
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PERSONAL PRODUCTS
Hind Unilever: Healthy growth, but buyback terms may disappoint
BL Research Bureau Hindustan Unilever (HUL) has delivered healthy profit growth in the latest quarter after two successive quarters of disappointing numbers. Growth in sustainable profits (before exceptional items) has accelerated to 24.5 per ...
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AUTOMOBILE COMPONENTS
Sundram Fasteners posts 41% rise in Q1 net
Chennai, July 30 What the strong rupee took away in export sales, it gave back in exchange gains on forex loans. Sundram Fasteners has reported a net profit of Rs 25.55 crore for the April-June quarter of the current year, 41 per cent higher ...
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HCV/LCV/TRACTORS
M&M Q1 net dips 6.4%
Strong rupee, lower export realisation hit profitability
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BEML clocks 53% rise in Q1 net
BEML’s first-quarter profit after tax has risen to Rs 23 crore (Rs 15.01 crore). Sales for the period touched Rs 421.78 crore (Rs 369.59 crore), growing 14 per cent. Profit before tax at Rs 36.36 crore (Rs 23.31 crore) was 56 per cent ...
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ELECTRICAL GOODS
BHEL Q1 net up 22%
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REAL ESTATE & CONSTRUCTION
Nagarjuna Const Q1 net up 14%
Nagarjuna Construction Company Ltd (NCCL)’s net profit increased by over 14 per cent to Rs 36.03 crore in the first quarter ended June 30, 2007 against Rs 31.38 crore in the previous quarter of the last fiscal. The turnover grew 17 per cent ...
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SOFTWARE
i-flex clocks 4.5% rise in Q1 net
Rupee rise shaves Rs 20 cr off net
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UTV Software Q1 net profit up at Rs 2 cr
Mumbai, July 30 UTV Software Communications Ltd reported a net profit of Rs 2 crore for the quarter ended June 30, up from Rs 10,000 for the same quarter last year. The total income of the company increased to Rs 86 crore from Rs 43 crore ...
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Subex Azure net tad down
Bangalore, July 30 Subex Azure posted a consolidated net profit of Rs 21.5 crore for the first quarter of 2007-08 compared to Rs 27 crore last quarter. Revenue stood at Rs 131.65 crore ($32.42 million) for the quarter ended June 30. ...
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Lanco Global posts Rs 2.4-cr profit
Lanco Global Systems Ltd has registered sales income of Rs 18.42 crore and a profit of Rs 2.42 crore for the first quarter ended June 30, 2007, against total sales of Rs 3.97 crore and a profit of Rs 0.06 crore for the corresponding quarter last ...
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ICSA revenues, net rise
ICSA (India) Ltd has recorded revenues of Rs 122.98 crore and a profit of Rs 23.92 crore for the first quarter ended June 30,2007 against revenues of Rs 59.26 crore and a profit of Rs 12.33 crore for the same quarter last year. The Chairman and ...
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IT TRAINING
New biz drives NIIT growth
Student placements in top institutions nearly double
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OILSEEDS & EDIBLE OIL
KS Oils Q1 net trebles
KS Oils reported 177 per cent rise in net profit at Rs 23.61 crore for the quarter ended June 30 against Rs 8.51 crore in the samequarter last year. Sales in first quarter of FY ’08 increased 69 per cent to Rs 366.33 crore (Rs 216.48 ...
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GENERAL INSURANCE
United India Insurance posts 24% growth in net
Prudent underwriting, improved claims management key drivers
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PAINTS
Asian Paints Q1 net rises 27%
Mumbai, July 30 Asian Paints Ltd has announced an increase of 27 per cent in net profit for the first quarter ended June 30, 2007 to Rs 74 crore against Rs 58 crore for the same period last year. The turnover rose by 22 per cent to Rs ...
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PUBLIC SECTOR BANKS
Higher interest income boosts Oriental Bank net profit in Q1
Bank aims to have over 2.7% net interest margin in remaining quarters
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Syndicate Bank net rises to Rs 221 cr
Bangalore, July 30 Syndicate Bank has reported a net profit of Rs 221.03 crore for the first quarter (Q1) of the financial year 2007-08 (FY08), a 22 per cent increase from Rs 180.58 crore in Q1 of FY07.Briefing reporters, the Chairman ...
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Andhra Bank net profit up 21% at Rs 141 cr
Hyderabad, July 30 Andhra Bank’s net profit increased by 21.2 per cent to Rs 141 crore in the first quarter ended June 30, 2007 from Rs 116.41 crore in the comparable quarter last fiscal. Total business grew by 24.8 per cent to Rs ...
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Vijaya Bank net up on increase in core income
Bangalore, July 30 Vijaya Bank has reported a net profit of Rs 111.35 crore for the first quarter of the financial year 2007-08, an increase of 53 per cent over the first quarter of 2006-07.Briefing reporters, the Chairman and ...
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UCO Bank net climbs to Rs 132.9 cr
Kolkata, July 30 UCO Bank has recorded a net profit of Rs 132.87 crore as on June 30, 2007, up from Rs 61.5 crore posted in the corresponding period last year. The bank registered a total income of Rs 1,668.48 crore for the quarter ...
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RETAILING
Shoppers’ Stop net dips 57%
Mumbai, July 30 Shoppers’ Stop Ltd has reported a decrease in net profit by 57 per cent to Rs 3 crore against Rs 7 crore in the same quarter last year. The company’s turnover increased by a little more than 32 per cent to Rs ...
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