CORPORATE RESULTS
DIVERSIFIED
SRF net dips 51% in Q3 to Rs 34.28 cr
New Delhi, Jan 23 SRF Ltd has reported a 51 per cent dip in its net profit for the third quarter ended December 2007. The net profit for the quarter under review was at Rs 34.28 crore against Rs 70.11 crore achieved in the corresponding ...
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INTERIORS & HOMES
Greenply Ind net up 50%
Greenply Industries Ltd (GIL), a manufacturer of plywood, particle board, has posted 50 per cent rise in its net profit at Rs 9.80 crore for the third quarter ended December, 2007 as against Rs 6.54 crore the corresponding period last year. The ...
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FERTILISERS
GSFC net down 7% in third quarter
The state-owned PSU Gujarat State Fertilizer Corporation Ltd (GSFC) has registered lower profit in the third quarter of 2007-08 as it saw its profit after tax reduced by about 7 per cent to Rs 74.26 crore compared with Rs 79.89 crore in the ...
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Nagarjuna Fert net up at Rs 5.47 cr
Hyderabad, Jan. 23 Nagarjuna Fertilisers and Chemicals Ltd has registered a total income of Rs 625.64 crore in the third quarter ended December 3, 2007, as against Rs 491.20 crore in the corresponding quarter last year.The net profit ...
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PETROLEUM
Chennai Petro net zooms on better refining margins
Chennai, Jan. 23 Chennai Petroleum Corporation Ltd has announced a net profit of Rs 225.62 crore for the quarter ending December, which is close to ten times the achievement in the same quarter last year, of Rs 24.35 crore. This was ...
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SHIPPING
Varun Shipping plans $400-m capex; Q3 net up 85%
Mumbai Jan 23 Varun Shipping has lined up a capital expenditure programme of $400 million for acquisition of new vessels in 2008, with a sharper focus on offshore services. The company owns a fleet of 20 vessels, operating in the LPG, crude ...
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MEDICAL INSTITUTIONS & HOSPITALS
Fortis Health posts Rs 1.6-cr profit in Q3
New Delhi, Jan 23 Fortis Healthcare has reported a profit of Rs 1.6 crore on a standalone basis for the third quarter ended December 31, 2007 against a loss of Rs 11.49 crore reported during the corresponding quarter of the previous year. Net ...
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SOFTWARE
MindTree Q3 net up 10.4%
MindTree Consulting Ltd, a global IT and R&D services company, has reported a 10.4 per cent rise in net profit for the third quarter ended December 31, 2007, to Rs 20.81 crore. Revenues for the quarter grew by 27 per cent to Rs 1,86.5 ...
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Rising rupee pulls down Polaris net
Chennai, Jan. 23 Lower billing rate owing to rupee appreciation combined with cost structure increase have resulted in Polaris Software Lab reporting a 41-per cent dip in net profit for the quarter ended December 2007 as compared with the ...
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PAPER, BOARD & NEWSPRINT
TNPL to start work on mill expansion by May
Chennai, Jan. 23 Tamil Nadu Newsprint and Papers Ltd hopes to start work on its Rs 725-crore mill expansion plan by May.According to official sources, the mill expansion plan will take the paper production capacity to 4 lakh tonnes (lt) ...
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Ballarpur Ind posts 7.32% rise in net profit
Lines up Rs 1,300-cr capex for the year
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CINEMA
PVR Cinemas Q3 net profit up at Rs 6.11 cr
New Delhi, Jan. 23 PVR Cinemas, the movie exhibition company which recently produced its first movie with Aamir Khan, has more than tripled its net profit in the third quarter ended December 31, 2007. Net profit grew 268 per cent ...
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PUBLIC SECTOR BANKS
Dena Bank net rises 43%
Mumbai, Jan 23 Dena Bank has reported a 43 per cent growth in its Q3 net profit at Rs 101.07 crore, against Rs 70.53 crore in the corresponding quarter of the previous year.The rise in net profit could be attributed to lower ...
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Other income doubles; Canara Bank net up 26%
Boston Consulting Group to help design new strategy
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Higher income lifts Union Bank net 42%
Mumbai, Jan. 23 Union Bank of India saw its net profit rise by 42 per cent to touch Rs 365 crore for the quarter ended December 31, 2007, against Rs 256 crore in the same quarter last year, due to healthy growth in both interest and ...
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Bank of Maharashtra net up 35% on income growth
Mumbai, Jan. 23 Bank of Maharashtra posted an increase of 35.06 per cent in net profit at Rs 100.38 crore for the quarter ended December 31, 2007, against Rs 74.32 crore in the corresponding quarter last year due to growth in income. ...
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