PFC Q2 net climbs 22.52%
New Delhi-based Power Finance (Q, N,C,F)* Corporation (PFC), a key lender to power companies, registered a growth of 22.52% in earnings for the second quarter ended September 2007, helped by healthy growth of revenues. During the quarter, the company witnessed a rise in profit to Rs 2,822.23 million from Rs 2,303.52 million in the same quarter, last year.
The total income for the quarter rose 37.94% to Rs 12,275.85 million compared with the corresponding quarter, a year ago
---------------------
New Delhi-based Power Finance (Q, N,C,F)* Corporation (PFC), a key lender to power companies, registered a growth of 22.52% in earnings for the second quarter ended September 2007, helped by healthy growth of revenues. During the quarter, the company witnessed a rise in profit to Rs 2,822.23 million from Rs 2,303.52 million in the same quarter, last year.
The total income for the quarter rose 37.94% to Rs 12,275.85 million compared with the corresponding quarter, a year ago
---------------------
Kerala-based South Indian Bank, a scheduled bank, reported a fall of 14.31% in net profit for the quarter ended September 2007, on substantial fall in operating margin of 238.64 basis points, despite healthy revenue growth rate. During the quarter, the bank saw fall in profit to Rs 356.90 million from Rs 416.50 million in the same quarter, last year.
Bihar Tubes disclosed a phenomenal jump in net profit for the quarter ended September 2007. During the quarter, the company experienced a 5.93 times rise in profit to Rs 39.9 million from Rs 6.72 million for the quarter ended September 2006. Net sales for the quarter rose 12.50% to Rs 627.4 million compared with Rs 557.66 million in the corresponding quarter, a year ago.
Posting its first financial result after listing on the exchange, Chennai-based Indowind (Q, N,C,F)* Energy posted a net profit of Rs 23.11 million on net sales of Rs 32.47 million in the quarter ended September 2007.
Results Calendar
11 October,2007
11 October,2007
We thank the owners of the above articles/sites/sources/Govts www.indiaearnings.com & www.myiris.com for referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.
No comments:
Post a Comment