Business Daily from THE HINDU group of publications
Friday, November 02, 2007
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CORPORATE RESULTS

DIVERSIFIED
Aditya Birla Nuvo Q2 net down 38%
Mumbai, Nov. 1 Due to investments in life insurance and BPO businesses, Aditya Birla Nuvo, an Aditya Birla Group company, reported a 38 per cent decrease in its consolidated net profit for the second quarter ended September 30, at Rs 47.8 ... More

Sujana Towers net at Rs 12.7 cr
More

HOTELS
Royal Orchid Hotels net up 11%
Bangalore, Nov. 1 Royal Orchid Hotels Ltd (ROHL), promoted by Mr Chander Baljee, has on a stand-alone basis posted a 11.27-per-cent rise in net profit at Rs 7.43 crore for the quarter ended September 30, as compared to Rs 6.68 crore in the ... More

SHIPPING
Fall in liner rates hits SCI net in Q2
Mumbai, Nov. 1 Lower freight earnings from the liner segment have led to a sharp decline of 43 per cent in the net profit of Shipping Corporation of India at Rs 182 crore in the second quarter ended September 30as against Rs 321 crore in the ... More

STEEL
Essar Steel Q2 net falls marginally
Mumbai, Nov. 1 Essar Steel has posted a marginal dip of 1.52 per cent in net profit at Rs 152 crore for the quarter ended September 30, 2007, against Rs 154 crore logged in the same period last year.Net sales were up 23.18 per cent to ... More

Usha Martin net sales up at Rs 577 cr
More

TEXTILES
Bombay Dyeing net rises 33% at Rs 14.29 cr
Mumbai, Nov. 1 Bombay Dyeing reported an increase of 33.5 per cent in its net profit at Rs 14.29 crore for the second quarter as compared to Rs 10.7 crore for the same period last year. The total income increased by 32 per cent at Rs ... More

PERSONAL PRODUCTS
Emami Q2 net up 17% at Rs 10.5 cr
Emami Ltd, for the quarter ended September 30, has recorded a growth of 17 per cent in profit after tax at Rs 10.5 crore (Rs 9 crore for the corresponding quarter last year). According to a statement issued by the company, this quarter has ... More

AUTOMOBILE COMPONENTS
Mico Q3 net up 8%
Mico has posted a 8.81 per cent increase in net profit to Rs 136.75 crore during the third quarter ending September 30. The total income of the auto parts’ maker also increased marginally 4.59 per cent to Rs 1068.33 crore. — ... More

REAL ESTATE & CONSTRUCTION
Punj Lloyd Q2 net zooms on global operations
New Delhi, Nov. 1 Engineering and construction major Punj Lloyd on Wednesday reported a 167 per cent jump in consolidated net profit at Rs 89.44 crore for the quarter ended September 30 compared to Rs 33.55 crore during the same quarter a year ... More

Madhucon Q2 net up at Rs 13.5 cr
Madhucon Projects Ltd’s net profit increased 19.8 per cent to Rs 13.5 crore in the second quarter ended September 30, 2007 as against Rs 11.26 crore in the corresponding quarter of previous fiscal. The turnover grew by 70 per cent to Rs ... More

SOFTWARE
Cambridge Q2 profit up
Backed by two acquisitions and robust business, Cambridge Technology Enterprises Ltd has recorded consolidated revenues of Rs 13.29 crore and a profit of Rs 2.12 crore for the second quarter ended September 30, 2007 as against an income of Rs ... More

Prithvi Info acquires US co
Prithvi Information Solutions Ltd has announced the acquisition of New Jersey (US)-based Agadia Systems Inc for $4.5 million (Rs 18 crore). The Managing Director, Mr Satish Kumar, said that the acquisition is strategic and helps to expand the ... More

PAINTS
Berger net sales up 9.5%
During the three months ended September 30, 2007, Berger Paints India Ltd’s net sales grew by 9.5 per cent to Rs 350 crore (Rs 320 crore in the same period of last year) and profit before tax by 15.5 per cent to Rs 32 crore (Rs 27.7 crore) ... More

HEALTHCARE PRODUCTS
P&G Hygiene net up 35%
Mumbai, Nov. 1 Procter & Gamble Hygiene and Health Care Ltd has reported a 35 per cent increase in net profit at Rs 34.5 crore (Rs 25.6 crore) in the first quarter ending September 30. The FMCG company recorded a 16 per cent increase in ... More






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