25 October 2007

Results Corner:Rcap, ABB and etc

Reliance Capital Q2 net profit up 20.42%

MUMBAI: Reliance Capital’s net profit rose 20.42 per cent to Rs 201.28 crore for the quarter ended September 2007 compared to Rs 167.15 crore in the same quarter last year. Total income increased 75.58 per cent to Rs 391.27 crore from Rs 222.84 crore in the corresponding quarter a year ago. At 12:51 pm, Reliance Capital shares were up 3.11 per cent at Rs 1,841.20 on BSE.

ABB net up 40 pc at Rs 115 cr


MUMBAI: Engineering firm ABB Ltd on Thursday said it has posted 40.83 per cent increase in net profit at Rs 115.68 crore for the quarter ended September 30 compared to Rs 82.14 crore for the reviewed quarter last fiscal. The total income of the company rose by 27.40 per cent at Rs 1,393.31 crore for the quarter ended September 30, against Rs 1,093.59 crore during the same quarter last year, the company said in a communique to the Bombay Stock Exchange. Shares of the company were last trading 0.77 per cent up at Rs 1,465 at the BSE.

Century Textiles Q2 net profit down 4% at Rs 71.54 crore

MUMBAI - Century Textiles & Industries Ltd's net profit for the July-September period declined 4 per cent to Rs 71.54 crore compared with Rs 74.79 crore in the same quarter previous year. Total income increased 3.27 per cent to Rs 784.95 crore for the quarter ended September 2007 against Rs 760.05 crore for the corresponding quarter earlier year.

3i Infotech ups net profit, revenue guidance for FY08

Software services firm 3i Infotech Ltd has revised its net profit and revenue guidance for 2007/08 upwards on a robust order book and strong growth in its back-office business, a top official said on Thursday. Net profit guidance has been set in the range 1.65-1.75 billion rupees while revenue guidance has been revised to 11.5-12.5 billion rupees, Executive Director and Chief Financial Officer Amar Chintopanth told Reuters. The earlier profit guidance was 1.45-1.55 billion rupees and revenue guidance was 10-11 billion rupees.

Cairn India reports consolidated net of Rs 232.42 mn

Cairn India, a company engaged in oil and gas exploration and production, registered a consolidated net profit of Rs 232.42 million for the quarter ended Sep. 30, 2007. The company has recorded consolidated total income of Rs 3,001.14 million for the quarter ended Sep. 30, 2007.On standalone basis, Cairn India (Q, N,C,F)* posted a net loss of Rs 83.94 million for the quarter ended September 30, 2007.The total income is Rs 79.44 million for the quarter ended Sep. 30, 2007

Voltas net rises 2.14 times in Sep` 07 qtr

Voltas, an engineering company of the Rs 400 billion Tata Group, disclosed a phenomenal jump in net profits for the quarter ended in September 2007. During the quarter, the company experienced a 2.14 times rise in profit to Rs 535.80 million from Rs 250 million in the quarter ended September 2006.Net sales for the quarter rose 36.20% to Rs 7,127.40 million compared with Rs 5,298.80 million in the corresponding quarter, a year ago. Total income rose 32.59% to Rs 7,228.50 million for the quarter ended September 2007 from Rs 5,451.60 million for the same period last year.

Mercator Lines net rises 23.54% for Sep`07 qtr

Mercator Lines, an established player in the marine transport industry, disclosed a steady growth in net profit for the quarter ended September 2007. During the quarter, the company experienced 23.54% rise in profit to Rs 265.89 million from Rs 215.21 million in the quarter ended September 2006.Net sales for the quarter declined 18.96% to Rs 1,792.15 million compared with Rs 2,211.44 million in the corresponding quarter, a year ago. Total income declined 10.71% to Rs 1,979.85 million for the quarter ended September 2007 from Rs 2,217.45 million for the same period, last year.

Gillette Q2 net dips 44.91 pc

Nicholas Piramal Q2 net rises 21%

NIIT Technologies' Q2 net profit up 8%

NIIT Technologies’ net profit improved 8 per cent to Rs 31.13 crore for the quarter ended September 2007 compared with Rs 28.87 crore in the corresponding period previous year. Net sales have increased 38 per cent to Rs 117.48 crore from Rs 84.98 crore year ago.

Radio Mirchi posts Rs 64-lakh net for July-Sept


JSW net up 47.62% in Sep`07 qtr (standalone)(update)

JSW steel on consolidated basis posted a net profit of Rs 4,932.40 million for the quarter ended September 2007. Total Income for the quarter stood at Rs 26,421.50 million.On standalone basis, the company posted a robust growth of 47.62% in net profit to Rs 5,112.30 million for the quarter ended September 2007 as compared with Rs 3,463.00 million for the corresponding quarter last year.Net sales for the quarter rose 13.64% to Rs 24,940.90 million as against Rs 21,945.80 million in the corresponding quarter last fiscal. Total income for the quarter increased 18.76% to Rs 26,187.70 million as compared with Rs 22,050.20 million in the same quarter a year ago.

RCF net drops 10.19% for Sep `07 qtr

Austin Engineering net up 13.74% for Sep`07 qtr

Shriram Transport net rises 2.42 times in Sep`07 qtr

Peninsula Land net falls 56.12% for Sep`07 qtr

BILT Q1 consolidated net rises 26.42%

Nicholas Piramal net up 20.75% in Sep`07 qtr

ABB net rises 40.83% for Sep`07 qtr

NIIT Tech net soars 44% for Sep`07 qtr

MRO TEK net up 61% for Sep`07 qtr

Bangalore-based MRO TEK posted 61.01% growth in net profit to Rs 43.65 million for the quarter ended September 2007 as compared with Rs 27.11 million for the same quarter, last fiscal. Net sales for the quarter increased 27.07% to Rs 336.56 million compared with Rs 264.86 million during the corresponding quarter, previous year.Total income for the quarter rose 26.64% to Rs 357.25 million compared with Rs 282.09 million during the same quarter, a year ago

Phoenix Mills net up 5.07% for Sep`07 qtr

Gillette India Q2 net down 45%

Eastern Silk net up 30.89% for Sep`07 qtr

Navneet Publications net rises 77% in Q2

Tudor India net down 31.02% in Sep`07 qtr

Nitco Tiles net up 49% in Sep`07 qtr

Geodesic Information consolidated net up 52.7% for Sep`07 qtr

Marg Constructions net up 12.45% in Sep`07 qtr

Viceroy Hotels net up 58% for Sep`07 qtr

Alfa Laval earnings climb 12.43%

RCF Q2 net profit at Rs 39 cr


Bank of Rajasthan Q2 net profit at Rs 24 cr

Bank of Rajasthan has announced its second quarter numbers. It has posted net profit of Rs 24 crore for the quarter ended September 2007 as against Rs 55 crore in same quarter of last year.


Motherson Sumi Q2 net profit up at Rs 38.2 cr

Motherson Sumi has announced its Q2 FY08 results. The company in second quarter of current fiscal has reported net profit of Rs 38.2 crore versus Rs 29.8 crore in same quarter of previous year.


Torrent Cable Q2 net profit at Rs 8 cr

UTV Q2 cons net profit at Rs 17.5 cr

has announced its second quarter numbers. It has posted consolidated net profit of Rs 17.5 crore for the quarter ended September 2007 as against Rs 4 crore in same quarter of last year and Rs 9 crore in previous quarter.

Mercator Lines Q2 net profit up at Rs 90.5 cr

Gujarat Ambuja Exports Q2 net profit up at Rs 18.5 cr

Gujarat Ambuja Exports in Q2 FY08 has reported net profit of Rs 18.5 cr versus Rs 11.5 cr in the same quarter previous year. During the corresponding quarters, its net sales were at Rs 375 cr vs Rs 358 cr, YoY.


TVS Motor has declared its Q2 results. Its Q2 net profit was at Rs 11.9 crore versus Rs 24.8 crore.


Cholamandalam DBS Finance Q2 net soars 3.78 times

Mysore Cements net drops 2.90% in Sep`07 qtr

DCM Shriram net rises 56.15 times for Sep`07 qtr




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