CORPORATE RESULTS
OUTSOURCING
Firstsource net dips 40%
Mumbai, April 29 City-based BPO firm Firstsource Solutions has recorded a 40 per cent dip in net profit for the fourth quarter ended March 2008 to Rs 21 crore against Rs 34.9 crore recorded in the quarter a year ago. Due to a loss on ...
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TELECOMMUNICATIONS
XL Telecom revenues, net up
XL Telecom and Energy recorded revenues of Rs 172.68 crore and net profit of Rs 14.13 crore for the third quarter ended March 31, 2008 against total income of Rs 135.22 crore with net profit of Rs 5.97 crore for the corresponding quarter last ...
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FERTILISERS
Nagarjuna Fert Q4 net down 32%
Nagarjuna Fertilizers and Chemicals Ltd (NFCL) has reported a 32.79 per cent dip in its net profit for the fourth quarter ended March 31, 2008. The net profit was Rs 1.25 crore against Rs 1.86 crore recorded in the corresponding previous ...
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FOOD & DAIRY PRODUCTS
Nestle Q1 net profit surges 47% on tax account
New Delhi, April 29 Nestle India Ltd has reported a 47.67 per cent growth in net profit at Rs 160 crore for the first quarter ended March 31, 2008. Net sales for the quarter grew more than 26 per cent to Rs 1,090 crore. While domestic ...
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HOTELS
Taj-GVK income increases
Taj-GVK Hotels and Resorts has reported 6 per cent increase in net profit at Rs 20.04 crore in the fourth quarter ended March 31, 2008 from Rs 18.72 crore in the corresponding quarter last year. The total income for the quarter was put at Rs ...
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PHARMACEUTICALS
Zydus Cadila net sales rise 27%
Ahmedabad, April 29 For the year ended March 31, 2008, Cadila Healthcare Ltd (Zydus Cadila) has registered a total operating income of Rs 2,325 crore, a 27 per cent rise over Rs 1,829 crore in the same period last year on a consolidated ...
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STEEL
Monnet Ispat announces 25% interim
New Delhi, April 29 Monnet Ispat and Energy Ltd has announced an interim dividend of 25 per cent for the financial year 2007-08. The company reported a 104 per cent increase in net sales to Rs 380.64 crore for the January-March 2008 ...
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SOFTWARE
Subex in the red in fourth quarter
Bangalore, April 29 Subex Ltd reported a net loss of Rs 50.56 crore in the latest fourth quarter, but said for fiscal 2009, the company expects earnings of $12 million. For the period, it expects product revenue of $125 million, it ...
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GSS America income, net up
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R Systems posts nearly four-fold rise in Q1 profit
New Delhi, April 29 R Systems, a provider of outsourced product development and customer support services, on Monday reported a nearly four-fold rise in consolidated net profit for the quarter ended March 2008 to Rs 7.98 crore against Rs 2.10 ...
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LEATHER
Bata India sales grow 20%
Bata India Ltd posted more than 118 per cent increase in net profit at Rs 11.03 crore in the quarter ended March 31,2008 (Rs 5.05 crore in the first quarter of 2007) according to company sources. The net sales at Rs 218.76 crore (Rs 182.67 crore) ...
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MINERALS
Sesa Goa Q4 net soars on higher ore price, volumes
Proposes bonus in the ratio of 1:1, stock split
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