Business Daily from THE HINDU group of publications
Tuesday, October 17, 2006
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CORPORATE RESULTS

FINANCIAL SERVICES
Indiabulls Financial Q2 net up
Indiabulls Financial Services Ltd on Monday reported an increase of 58.7 per cent in consolidated profit after tax at Rs 95.10 crore for the second quarter of the current fiscal, against Rs 59.93 crore for the same quarter previous year. The ... More

JM Financial Q2 net up
JM Financial has reported an increase of 39.16 per cent in net profit for the quarter ended September 30, over the corresponding quarter previous year. The net profit stood at Rs 3.59 crore (Rs 2.58 crore). "The rise in Q2 net has been ... More

CEMENT
UltraTech net up on firm cement prices
AV Birla group company UltraTech Cement Ltd has posted a net profit of Rs 127 crore for the second quarter ended September 30 against Rs 8 lakh for the corresponding year-ago quarter. Revenues grew 57 per cent to Rs 1,005 crore (Rs 640 ... More

TEXTILES
Morarjee Textiles net up 17 pc
Morarjee Textiles Ltd has reported a 17.9 per cent increase in net profit at Rs 2.70 crore (Rs 2.29 crore) for the second quarter ended September 30. Turnover increased by 20.91 per cent to Rs 53.07 crore (Rs 43.89 crore). ... More

COAL
Singareni pays Rs 44.28-cr dividend
Singareni Collieries Company Ltd (SCCL) has paid a dividend of Rs 44.28 crore to the Andhra Pradesh Government out of its profits for the year 2005-06. The Chairman and Managing Director, Mr S. Narasinga Rao, presented the dividend cheque for ... More

FOODS & FOOD PROCESSING
Gujarat Ambuja Exports net up
Gujarat Ambuja Exports Ltd, an Ahmedabad based agro-processing company, has reported a 70 per cent rise in net profit at Rs 11.52 crore (Rs 6.74 crore). Sales during the period increased by 13 per cent to Rs 358 crore (Rs 316 crore). The ... More

SOFTWARE
TCS net rises 43.5 pc
Offshore revenues, rising billing rates drive growth More

HCL Tech net income rises 49 pc in July-Sept
Software, infrastructure services up 11 pc More

TEXTILE MACHINERY
LMW to split shares
The textile machinery manufacturing major Lakshmi Machine Works Ltd (LMW) on Tuesday resolved to split the face value of its equity shares to Rs 10 per share against the existing face value of Rs 100. The share price touched a 52-week high of ... More






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