CORPORATE RESULTS
RICE
Rei Agro net rises 60.6%
Rei Agro Ltd, a major basmati rice processor, has reported a profit after tax of Rs 31.08 crore during the three months ended June 30, 2007, an increase of 60.6 per cent over the Rs 19.35 crore posted in the same period of last year. For the ...
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CEMENT
Pennar revenue, net increase
Pennar has recorded revenues of Rs 128.92 crore with a profit of Rs 7.61 crore for the first quarter ended June 30, 2007 against revenues of Rs 113.63 crore and profit of Rs 4.56 crore for the corresponding quarter last year. In a statement, ...
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ENGINEERING
Cummins clocks 26% rise in net
For the first quarter of the current fiscal, Cummins India Ltd has recorded a net profit of Rs 64.02 crore against Rs 50.78 crore, registering an increase of 26 per cent. Net sales stood at Rs 542.3 crore for the first quarter compared with Rs ...
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HOTELS
Hotel Leela’s Q1 net up 36%
Mumbai, Aug 1 Better occupancy rates in all the hotel properties have boosted profits of Hotel Leelaventure in the first quarter as per a statement from the company. Registering a growth of 36 per cent, net profit grew from Rs 22.2 crore ...
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PHARMACEUTICALS
Dishman Pharma net up 14%
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Torrent Pharma’s Q1 net increases 65%
Ahmedabad, Aug 1 The Ahmedabad-based pharma major Torrent Pharmaceuticals Ltd’s consolidated sales for the first quarter ended June 30, 2007, increased by 11 per cent to Rs 331 crore compared with Rs 299 crore posted during the ...
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SHIPPING
Essar Shipping Q1 net up 92%
Ahmedabad, Aug. 1 Essar Shipping Ltd has recorded 92 per cent rise in first-quarter net to Rs 71.15 crore (Rs 36.97 crore), the company said in a release.Total income fell to Rs 273.10 crore (Rs 278.89 crore); it includes exchange gain of Rs ...
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TEXTILES
Alok Ind ties up with US co; net rises 104%
Mumbai, Aug. 1 Textile manufacturer Alok Industries Ltd has through its wholly owned subsidiary, Alok Industries International Ltd, incorporated in the British Virgin Islands, signed an exclusive licence agreement with New York headquartered ...
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RADIO/TV
Sun TV net jumps 120% at Rs 93 cr
Chennai, Aug. 1 Sun TV Network Ltd has reported a 120 per cent jump in net profits for the quarter ended June 30, at Rs 93 crore from Rs 42 crore recorded in the corresponding quarter last year. Total income has gone up to Rs 217 crore (Rs ...
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REAL ESTATE & CONSTRUCTION
Tantia Const Q1 net climbs 48%
Tantia Constructions Ltd, for the quarter ended June 30, 2007, has recorded a 48 per cent increase in profit after tax at Rs 3.64 crore, against the Rs 2.45 crore achieved in the corresponding quarter of 2006-07. Income from operations ...
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SOFTWARE
Virinchi Tech net up
Virinchi Technologies Ltd has recorded revenues of Rs 9.88 crore and a profit of Rs 3.93 crore for the first quarter ended June 30, 2007 against total revenues of Rs 7.42 crore and a profit of Rs 3.57 crore for the corresponding previous quarter. ...
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COKE & METALURGICAL COKE
Gujarat NRE Coke back in black
Ahmedabad, Aug 1 Gujarat NRE Coke Ltd’s operating profit for the first quarter ended June 30, has gone up by six times to Rs 62.68 crore compared with Rs 10.57 crore in the same period last fiscal.A company press release here said ...
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NEWSPAPERS & PUBLISHING
Harrisons Malayalam profit up
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PRIVATE BANKS
Dhanalakshmi Bank net jumps 98%
Kochi, Aug. 1 Net profit of Dhanalakshmi Bank has grown by 98 per cent to Rs 6.05 crore during the first quarter of the current fiscal, from Rs 3.06 crore in the same quarter of the last fiscal. Profit before tax surged by 210 per cent to Rs ...
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Lakshmi Vilas Bank net up 20%
Coimbatore, Aug. 1 Net profit of Lakshmi Vilas Bank for the quarter ended June 2007 stood at Rs 15.09 crore, a 20 per cent growth over the corresponding quarter of the previous fiscal. Its total income grew 30 per cent to Rs 136.32 crore (Rs ...
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BEARINGS, CASTINGS & FORGINGS
Other income boosts NRB Bearings Q1 net
Mumbai, Aug. 1 NRB Bearings Ltd, manufacturers of ball and roller bearings, has reported an increase in net profit by 37.7 per cent to Rs 11.69 crore for the first quarter ended June 30 compared with Rs 8.60 crore posted during the year-ago ...
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