CORPORATE RESULTS
FINANCIAL SERVICES
Magma Shrachi Fin Q3 net up
Kolkata, Jan. 25 Riding on a 34-per cent increase in disbursements at Rs 865 crore (Rs 645 crore), Magma Shrachi Finance Ltd posted an 85 per cent increase in profit after tax at Rs 17.12 crore (Rs 9.26 crore) for the third quarter ended ...
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CEMENT
Dalmia Cement Q3 net up 73%
Dalmia Cement (Bharat) Ltd for the third quarter ended December 2007 has reported a 73.57 per cent jump in net profit to Rs 112.54 crore as compared to Rs 64.84 crore in the corresponding previous quarter. The net sales for the quarter grew 57.24 ...
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ELECTRONICS
BEL net down 23%
Bharat Electronics Ltd’s third-quarter net profit was lower by 23.7 per cent at Rs 112.97 crore, compared to the Rs 148.18 crore posted in the previous corresponding period. Net sales of Rs 662.23 crore (Rs 863.79 crore) was also down 23.3 ...
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PHARMACEUTICALS
Neuland Labs Q3 net doubles
Hyderabad, Jan. 25 Neuland Laboratories Ltd (NLL) has more than doubled its net profit for the third quarter ended December 31, 2007 at Rs 3.5 crore (Rs 1.69 crore). The Hyderabad-based, Active Pharmaceutical Ingredients (API) maker ...
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Dr Reddy’s posts net loss of Rs 85 cr in third quarter
German price reforms, Betapharm hit performance
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Novartis net rises 6%
Novartis has posted an over six per cent increase in net profit at Rs 22 crore for the quarter ended December 31, 2007 compared with Rs 21 crore for the quarter ended December 31, 2006. Total income, though, was down over three per cent at Rs 152 ...
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Natco Pharma Q3 net rises 31%
Hyderabad, Jan. 25 Natco Pharma Ltd has posted 31 per cent increase in the net profit at Rs 11.43 crore in the third quarter ended December 31, 2007 against Rs 8.69 crore in the corresponding quarter of the previous fiscal. The total revenues ...
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POWER
PTC Q3 net down 28% as volumes come under pressure
New Delhi, Jan 25 With volumes coming under pressure, power trading major PTC India Ltd reported a 28 per cent dip in net profit at Rs 6.19 crore during the third quarter of the current fiscal. Total income during the quarter decreased by 9 ...
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TEXTILES
Century Textiles net down 38%
Century Textiles Ltd posted a third quarter profit after tax of Rs 72.8 crore, down 38.32 per cent as compared to Rs 118.04 crore of the same period last year, excluding extraordinary items. Including extraordinary items of last year, ...
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RADIO/TV
Dish TV Q3 net loss widens
New Delhi, Jan. 25 Dish TV has sunk deeper in the red, and reported a net loss of Rs 116.44 crore for the third-quarter ended December 31, 2007 against a net loss of about Rs 92 crore in the corresponding quarter of the previous year. ...
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AUTOMOBILE COMPONENTS
Setco net profit rises 9%
Clutch manufacturers Setco Automotives posted a 9.1 per cent rise in the net profit during the third quarter. The profit increased to Rs 3.37 crore from Rs 3.09 crore for the corresponding period last year. For the three-month period, the company ...
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HCV/LCV/TRACTORS
Ashok Leyland’s Q3 net rises 12% on other income; turnover flat
Vehicle sales dip during the quarter
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TWO/THREE WHEELERS
TVS Motor Q3 sales, net down
Chennai, Jan. 25 TVS Motor Company has reported lower turnover and net profit for the third quarter of the current year, compared with the same period last year. “The motorcycle sales continue to be affected due to stringent norms ...
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ELECTRICAL GOODS
Voltas net up 143% on better margins
Mumbai, Jan. 25 Tata group company Voltas Ltd has posted a net profit of Rs 47.22 crore for the December quarter, up 143 per cent compared with Rs 19.43 crore in the same period last year. The turnover for the quarter was at Rs 664.76 ...
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SOFTWARE
Bartronics Q3 income, net up
Hyderabad, Jan. 25 Bartronics India Ltd has recorded income of Rs 70.16 crore with a net profit of Rs 10.94 crore for the third quarter ended December 31, 2007 as against income of Rs 17.57 crore and a net profit of Rs 3.44 crore for ...
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PRIVATE BANKS
ING Vysya Q3 net jumps 198%
ING Vysya Bank’s net profit jumped 198 per cent for the third quarter of the current financial year to Rs 42.75 crore.A bank release said that the increase was partly driven by exceptional revenues of Rs 18.38 crore from sale of a ...
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PUBLIC SECTOR BANKS
Higher provisioning pulls down UCO Bank’s Q3 net
Awaits go-ahead for capital restructuring proposal
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