Business Daily from THE HINDU group of publications
Wednesday, October 18, 2006
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CORPORATE RESULTS

FINANCIAL SERVICES
India Infoline Q2 net up 50 pc
India Infoline Ltd has reported a net profit of Rs 9.89 crore for Q2 September 2006 as against Rs 6.57 crore in the corresponding quarter previous year, up 50.53 per cent. The company's total income has risen by 63.6 per cent at ... More

AIRLINES
Jet Airways posts Rs 55.1-cr loss in Q2
Higher operating costs, fuel prices More

PETROCHEMICALS
IPCL Q2 net up 9.3 per cent
Indian Petrochemicals Ltd has reported a 9.3 per cent increase in net profit for the second quarter ended September 30 at Rs 351 crore (Rs 321 crore). Net turnover rose 18 per cent to Rs 3,048 crore (Rs 2,588 crore). For the half-year ended ... More

PETROLEUM
Petronet LNG net at Rs 66 cr in Q2
Petronet LNG Ltd has registered a growth of 65 per cent in the second quarter of the current year over the corresponding quarter of last year. According to a statement, the company clocked a net profit of Rs 66 crore for the quarter. The ... More

TEXTILES
Indo Rama Synthetics net down
Polyester manufacturer Indo Rama Synthetics India Ltd on Tuesday reported a 74 per cent dip in profit after tax at Rs 8.73 crore for the quarter ended September 30, as compared to Rs 33.67 crore for the corresponding quarter last ... More

Banswara Syntex posts profit of Rs 5 cr
Banswara Syntex Ltd has reported a net profit of Rs 5.02 crore (Rs 1.41 crore) for the second quarter. Net sales increased by 33.14 per cent to Rs 103.28 crore. "Increase in profit and sales can be attributed to a combination ... More

RADIO/TV
NDTV revenues up 27 pc
NDTV Ltd on Tuesday posted a 27 per cent increase in revenues at Rs 54.5 crore for the quarter ended September 30, as against Rs 43 crore in the year-ago period. Profit after tax (before current quarter ESOP and minority ... More

AUTOMOBILE COMPONENTS
Bharat Forge Q2 net up at Rs 74 cr
Bharat Forge Ltd has posted a combined revenue of Rs 990.1 crore and profit after tax of Rs 74.2 crore for the second quarter of the current fiscal. This represents a growth of 42 per cent and 21 per cent respectively over the corresponding ... More

SOFTWARE
Polaris net up at Rs 27 cr
Polaris Software Lab Ltd has reported a net profit of Rs 27.10 crore on revenue of Rs 255.56 crore for the quarter ended September 2006, compared to a net profit of Rs 13.25 crore on revenue of Rs 213.55 crore for the same period last year. A ... More

PAPER, BOARD & NEWSPRINT
BILT Q1 net up 32 pc
Ballarpur Industries Ltd (BILT) on Tuesday reported a growth of 31.8 per cent in its net profit to Rs 58.26 crore for the first quarter ended September 30, from Rs 44.20 crore in the corresponding period in the previous year. The company also ... More

READYMADE GARMENTS
Kewal Kiran net at Rs 7.3 cr
Kewal Kiran Clothing Ltd has reported a profit after tax of Rs 7.26 crore for the second quarter ended September 30. Sales stood at Rs 42.11 crore. Figures for the corresponding quarter of the previous year are not available as the company's ... More

PRIVATE BANKS
South Indian Bank Q2 net rises 383 pc
The net profit of South Indian Bank has grown by 383 per cent to Rs 41.65 crore (Rs 8.63 crore) during the second quarter of the current year. The gross profit has risen to Rs 71.04 crore (Rs 25.58 crore). The total business volumes grew by 28 ... More

Punjab & Sind net doubles
The Punjab & Sind Bank has reported a net profit of Rs 72.93 crore for the quarter ended September 2006 recording an increase of 102.13 per cent compared with Rs 36.08 crore in the second quarter last fiscal, according to an official release. ... More

Growth in advances lifts Centurion net
Advances, fee income propel growth More

HDFC Bank net rises 31 pc in Q2
Strong growth in retail, corporate loans More

ISPS
Sify posts Rs 6.8 cr net
Sify Ltd has reported a net profit of Rs 6.8 crore ($1.49 million) on sales revenue of Rs 138.30 crore ($30.10 million) for the quarter ended September 30. During the corresponding period in the previous year, the company reported a net loss ... More






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