CORPORATE RESULTS
INVESTMENT BANKING
AK Capital Q3 net up 138%
Mumbai, Jan. 24 Merchant bank AK Capital Services Ltd posted a 138 per cent rise in net profit at Rs 9.1 crore for the quarter ended December, against Rs 3.83 crore in the same quarter last year. The strong growth is due to increased ...
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TELECOMMUNICATIONS
Gemini Comm net increases
Robust demand from the enterprise segment has resulted in Gemini Communications reporting marginally increased revenues for the quarter ended December 2007, over the same period last year. Usually the wireless division of the company ...
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ENGINEERING
Grundfos Pumps posts 47% growth in turnover
Expansion of assembly plant in Chennai planned
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PHARMACEUTICALS
Cipla’s Q3 net profit up 14% on exports
Exports of bulk drugs and finished drugs and have helped buoy Cipla’s net profits by over 14 per cent for the three months ended December 31, 2007. A growth of over 22 per cent in exports, in spite of the impact of the ...
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Granules Q2 net down 25%
Pharmaceutical Formulation Intermediaries (PFIs) maker, Granules India Ltd posted 25 per cent decrease in its net profit at Rs 2.28 crore in the second quarter ended December 31, 2007 compared to Rs 3.04 crore in the corresponding quarter of ...
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Vivimed Lab Q3 net grows 46%
Vivimed Labs Ltd posted 46 per cent growth in its net profit at Rs 4.78 crore in the third quarter ended December 31, 2007 as against Rs 3.27 crore in the corresponding quarter of previous fiscal. Total income increased 40 per cent to Rs 50.74 ...
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PLASTICS
Jain Irrigation net up 43%
Jain Irrigation Systems has reported a 43.29 per cent increase in its net profit for the quarter ending December 31, 2007. Net profit for the period increased to Rs 44.85 crore from Rs 31.30 crore for the same period last year. ...
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PERSONAL PRODUCTS
Marico net profit rises 30%
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AUTOMOBILE COMPONENTS
Minda Ind net profit rises 3.4%
Minda Industries Ltd, part of the Rs 832-crore NK Minda Group, reported sales at Rs 97.17 crore in the third quarter ended December 2007, 0.38 per cent decline compared to Rs 97.55 crore in the corresponding quarter the previous fiscal. However, ...
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FOODS & FOOD PROCESSING
Agro Tech net rises to Rs 4.6 cr
Hyderabad, Jan 24 Agro Tech Foods Ltd, an arm of the US-based ConAgra Foods Inc, has registered a total income of Rs 250.80 crore in the quarter ended December 31, 2007, as against Rs 259 crore in the same quarter last year.The net ...
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MEDICAL INSTITUTIONS & HOSPITALS
Apollo Hospitals turnover up
Apollo Hospitals Enterprise Ltd has reported a turnover of Rs 2,97.1 crore for the third quarter of the current year, an increase of 27 per cent over Rs. 2,34.10 crore for the corresponding period last year. The net profit after tax stood at Rs ...
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REAL ESTATE & CONSTRUCTION
GMR Infra PAT rises 16% in Q3
Bangalore, Jan. 24 GMR Infrastructure expects the Vemagiri gas power plant to start yielding profit form the last quarter of the current fiscal as the utility is expected to resume production in the next few days after 15 months of shut-down ...
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HARDWARE
D-link net up 13.2% at Rs 7.03 cr
The city-based D-Link (India) Ltd has posted a net profit of Rs 7.03 crore for the quarter ended December 31, 2008, an increase of 13.2 per cent on Rs 6.21 crore recorded in the corresponding period of the previous year. Total revenues were up ...
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SOFTWARE
GTL net jumps 95.5%
The Mumbai-based network services provider GTL Ltd has recorded a 95.5 per cent jump in net profit at Rs 40.67 crore for the third quarter ended December 31, 2007 compared with Rs 20.80 crore in the corresponding period last year. Total revenues ...
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LIFE INSURANCE
SBI Life posts Rs 38-cr net
Mumbai, Jan. 24 SBI Life Insurance has reported a net profit of Rs 38 crore in the first nine months of the fiscal ending December 2007, against a loss of Rs 33 crore in the previous year. The company’s profits have now wiped out all ...
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PUBLIC SECTOR BANKS
SBI net grows 70% in Q3 on higher income
Picking up 91% in Global Trade Finance
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Central Bank Q3 net rises 50% at Rs 201 cr
Cost of deposits increase, other income up 71%
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PNB examines funding options for housing finance arm
To exit life insurance joint venture; posts 26% rise in Q3 net
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ISPS
Enterprise services drive Sify revenues
Chennai, Jan. 24 Driven by the enterprise segment growth, Sify Technologies Ltd has reported revenues of Rs 151.25 crore for the quarter ended December 2007, Mr M.P. Vijay Kumar, Chief Financial Officer of the company, said in a release. ...
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BEARINGS, CASTINGS & FORGINGS
Electrosteel Castings net profit dips on higher input costs
Freight rate hike, forex fluctuations also impact
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