|
|
CORPORATE RESULTS
PETROLEUM:
ONGC net rises 44% in Q1 as crude offsets subsidy burden
New Delhi, July 28 A substantial increase in subsidy burden notwithstanding, ONGC has managed to register a 44 per cent increase in net profit at Rs 6,636 crore during the first quarter of financial year 2009 (Rs 4,611 crore). ...
ENGINEERING:
Engineering and construction margins boost L&T net 33%
Mumbai, July 28 Larsen & Toubro has posted a 33 per cent rise in net profit for the first quarter of the fiscal as revenues rose and margins from its key engineering and construction (E&C) business looked ...
PUBLIC SECTOR BANKS:
Bank of India net surges 78% on core operations, NPA management
Mumbai, July 28 While several public sector banks reported flat growth in profit and some even losses, Mumbai-based Bank of India’s net profit surged by 78 per cent to Rs 562 crore in the quarter ended June 30, 2008, against Rs 315 crore ...
PHARMACEUTICALS:
‘At risk’ sale of generics in US buoys Sun Pharma’s consolidated net
‘Committed to completing the rightful acquisition of Taro’. Mumbai, July 28 Sun Pharma posted a consolidated net profit of Rs 501.45 crore for the quarter ended June 30, 2008, up 121 per cent from the net profit of Rs 227 crore, ...
PRIVATE BANKS:
HDFC Bank net rises to Rs 464 cr
Mumbai, July 28 HDFC Bank has reported a net profit of Rs 464.4 crore in the first quarter of the fiscal. This is a 44 per cent increase against Rs 321 crore in the corresponding quarter of the previous ...
PHARMACEUTICALS:
GlaxoSmithKline net up on cost optimisation
To fuel growth through in-licensed, own products. Mumbai, July 28 Judicious cost optimisation has helped GlaxoSmithKline Pharmaceuticals navigate the combined effect of rising crude prices and input costs, observed the Managing Director, Dr ...
PHARMACEUTICALS:
US generics biz helps Glenmark post two-fold rise in consolidated net
Chennai, July 28 Glenmark has posted a consolidated net profit after tax of Rs 115.38 crore for the quarter ended June 30, 2008, a two-fold growth from Rs 57.15 crore for the quarter ended June 30, 2007, on the back of its generics business in ...
PERSONAL PRODUCTS:
Dabur reports 25% growth in Q1 net
New Delhi, June 28 Dabur India has reported a growth of more than 25 per cent in standalone net profit of Rs 70 crore for the first quarter ending June 30, 2008 as compared with the same period the previous fiscal. Net sales were up close to ...
STEEL:
Monnet Ispat net up 52%
Monnet Ispat and Energy Ltd (MIEL) on Monday reported a net profit of Rs 70.32 crore for the first quarter of the current fiscal, up 52.7 per cent over Rs 46.04 crore recorded in the same quarter last fiscal. The company’s total income was ...
REAL ESTATE & CONSTRUCTION:
Mahindra Lifespace Q1 net down
PUBLIC SECTOR BANKS:
IOB plans bank in Malaysia with 2 PSBs
Net dips 4% in Q1. Chennai, July 28 Indian Overseas Bank plans to float an overseas bank in Malaysia jointly with Andhra Bank and Bank of Baroda, according to Mr. S.A. Bhat, Chairman and Managing Director, ...
PUBLIC SECTOR BANKS:
Dena Bank posts 23-pc rise in net
Thiruvananthapuram, July 28 Dena Bank has recorded a rise of 22.89 per cent in net profit to Rs 68.30 crore during the first quarter as per unaudited financial results released on Monday. ...
ALUMINIUM:
Hindalco net profit rises 16%, sales flat
Copper biz posts lower revenue. Mumbai, July 28 Hindalco’s net profit rose 16 per cent although net sales were flat following a shutdown of a copper smelter at the company’s Dahej ...
ENGINEERING:
Growth in global biz boosts Elgi Equipments net
Coimbatore, July 28 Air compressor and automotive equipment manufacturer Elgi Equipments Ltd (EEL) has posted a 60 per cent growth in international business in the first quarter of current fiscal compared to the corresponding period last ...
PRIVATE BANKS:
Kotak Mahindra Bank Q1 net rises 14%
Mumbai, July 28 Buoyed by a growth in interest income, Kotak Mahindra Bank’s net profit increased by 14 per cent to Rs 54.53 crore in the first quarter of 2008-09, against Rs 47.67 crore in the corresponding quarter the previous ...
METALS:
Sterlite Q1 net dips 5% on lower sales
Mumbai, July 28 Sterlite Industries Ltd has reported a 5.2 per cent dip in net profit for the first quarter ended June 30, 2008, to touch Rs 1,595.40 crore from Rs 1,682.90 crore in the corresponding period last year, mostly on account of ...
RADIO/TV:
Dish TV posts higher losses in first quarter
New Delhi, June 28 Direct-to-home operator Dish TV has posted a higher net loss at Rs 125.4 crore for the first quarter of current financial year against a loss of Rs 89.7 crore for the same period last ...
TWO/THREE WHEELERS:
TVS Motor sales up at Rs 911 cr
Chennai, July 28 TVS Motor Company Ltd has posted a net profit of Rs 7.02 crore on sales of Rs 911.06 crore for the quarter ended June 30, 2008 against a net profit of Rs 7.55 crore on sales of Rs 783.33 crore for the same period last ...
TEA:
Tata Tea consolidated net up 75% in Q1
Mumbai July 28 Tata Tea reported a 75 per cent increase in its consolidated net profit for the quarter ended June 30, 2008 at Rs 85.39 crore versus Rs 48.93 crore in the same period last year, mainly driven by lower interest costs and strong ...
PETROLEUM:
BPCL posts Rs 1,066-cr loss in Q1
Chennai, July 28 Bharat Petroleum Corporation Ltd has posted a loss of Rs 1,066.7 crore in the first quarter of this financial year compared to a profit of Rs 192.7 crore in the same period last year. Net sales were up 63 per cent at Rs 39,022 ...
PRIVATE BANKS:
Dhanalakshmi Bank Q1 net profit up 57%
Kochi, July 28 The net profit of Dhanalakshmi Bank grew by 57 per cent to touch Rs 9.52 crore (Rs 6.05 crore) during the first quarter of the current fiscal. ...
SOFTWARE:
Lanco Global net at Rs 13 cr
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
|
RSS Feeds