CORPORATE RESULTS
HOTELS
Hotel Leelaventure Q2 net rises 82%
Mumbai, Oct. 24 With increase in occupancy and average room rates in Mumbai, and addition of inventory in Bangalore, Hotel Leelaventure registered a net profit growth of 82 per cent at Rs 40 crore in the second quarter ended September 30, ...
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PHARMACEUTICALS
Earnings model keeps Lupin profits healthy
Scouting for more acquisitions, intellectual property generation
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Dr Reddy’s suffers on German arm’s showing
Second quarter net down 5% at Rs 267 crore
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POWER
PTC Q2 net rises 32%
New Delhi, Oct. 24 Power trading major PTC India Ltd on Wednesday posted a 32 per cent rise in the net profit for the second quarter of the current fiscal at Rs 11.40 crore, as against Rs 8.65 crore during the corresponding period last year. ...
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PERSONAL PRODUCTS
Dabur India consolidated, standalone net rises
New Delhi, Oct. 24 Dabur India Ltd on Wednesday announced a double-digit increase in its standalone and consolidated net profit with sales driven mainly in the oral care, health supplements for the second quarter ended September 30, 2007. ...
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Marico net up
Mumbai, Oct. 24 Marico has posted a 61 per cent increase in net profit at Rs 42 crore (Rs 26 crore) during the second quarter. The FMCG company achieved a turnover of Rs 464 crore, an increase of 23 per cent over the corresponding ...
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RADIO/TV
Sun TV posts Rs 80-cr net in Q2
Chennai, Oct 24 Sun TV Network Ltd has posted a net profit of Rs 80.16 crore for the second quarter ended September 30, 2007, on an expanded equity capital of Rs 197.04 crore against Rs 47.96 crore for the corresponding previous quarter. Total ...
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CARS
Hind Motors back in black
KOLKATA: Hindustan Motors Ltd (HM) has recorded a net profit of Rs 28 lakh in the second quarter of current fiscal against a net loss of Rs 5.38 crore in the corresponding period last year. Net sales were up Rs 189.05 crore (Rs ...
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TWO/THREE WHEELERS
Slowdown hits TVS Motor; net falls 52%
Products in premium & executive segments to be launched
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AIR-CONDITIONERS & REFRIGERATORS
Blue Star Q2 net rises 150% on higher sales
Mumbai, Oct. 24 Central air-conditioning major Blue Star Ltd reported an increase of 150 per cent in its second quarter net profit to Rs 45.97 crore as compared to Rs 18.40 crore for the same period last year. Net sales for the quarter ...
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PUBLIC SECTOR BANKS
Vijaya Bank to finalise insurance foray by March
Public sector Vijaya Bank hopes to finalise its foray into the insurance sector by the end of this financial year.The Vijaya Bank Chairman and Managing Director, Mr Prakash P. Mallya, said, “We are looking at the non-life sector ...
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Bank of Maharashtra to enter non-life insurance biz
To join hands with Shriram Group, S. African co
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Non-interest income buoys Union Bank net
Mumbai, Oct. 24 Union Bank of India has recorded an increase in net profit of 42 per cent at Rs 276 crore for the quarter ended September 30, up from Rs 194 crore in the same quarter last year. The growth came from non-interest income, ...
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