19 January 2008

Results:Guj NRE, Idea, GIC Hsg, Binani cement, IPCA etc

Gujarat NRE net up 3.63 times for Dec `07 qtr (Q3)

Gujarat NRE Coke has registered a 3.63 times growth in net profit, to Rs 499.70 million for the quarter ended Dec. 31, 2007, as compared to Rs 137.70 million in the corresponding quarter last fiscal. Net sales stood at Rs 2,428.00 million in the quarter ended Dec. 31, 2007, as against Rs 1,746.40 million in the same period last year, recording a growth of 39.03%.

Total income reported an increase of 41.07% to Rs 2,525.70 million for the quarter ended Dec. 31, 2007, as compared to Rs 1,790.40 million for the same period last year.The diluted earning per share (EPS) after extra ordinary items on Dec. 31, 2007 worked out to Rs 1.45.The company is engaged in manufacturing low ash metallurgical coke and steel. It manufactures low ash metallurgical coke (LAMC), has wind mills (27.5 MW), and a mini steel mill manufacturing TMT bars from recycled steel scraps. Shares of the company gained Rs 0.45, or 0.33%, to settle at Rs 138.65. The total volume of shares traded was 1,482,438 at the BSE. (Friday).

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Idea Cellular net up 2.09 times for Dec `07 qtr
Idea Cellular Q3 net more than doubles to Rs 240 cr

Idea Cellular has announced its un-audited results for the quarter ended Dec. 31, 2007
The company registered 2.09 times growth in net profit after tax to Rs 2,371.90 million for the quarter ended Dec. 31, 2007, as compared to Rs 1,136.90 million for the same period last year.
Total Revenue registered a growth of 48.36% to Rs 17,103.10 million for the quarter ended Dec. 31, 2007, as compared to Rs 11,528.00 million for the same period last year.

The company has also announced its consolidated audited results.
The group has posted a net profit after tax of Rs 2,367.70 million for the quarter ended Dec. 31, 2007, a 2.08 times rise, as compared to Rs 1,137.70 million for the quarter ended Dec. 31, 2006.
Total Revenue reported a growth of 48.36% to Rs 17,103.10 million for the quarter ended Dec. 31, 2007, as compared to Rs 11,528.00 million for the same quarter last year.
Shares of the company declined Rs 7, or 4.89%, to settle at Rs 136.05. The total volume of shares traded was 662,515 at the BSE. (Friday).

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GIC Housing Q3 net up 11.92%

GIC Housing Finance has registered a rise of 11.92% in net profit to Rs 150.20 million for the quarter ended Dec. 31, 2007, as compared to Rs 134.20 million in the corresponding quarter last fiscal. Net sales stood at Rs 674.40 million in the quarter ended Dec. 31, 2007, as against Rs 496.20 million in the same period last year, recording a growth of 35.91%.

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Binani Cement net up 12.70% for Dec `07 (QoQ)


Binani Cement registered growth of 12.70% in net profit to Rs 539.50 million for the quarter ended Dec. 31, 2007, as compared to Rs 478.70 million in the quarter ended Sep. 30, 2007. Net sales stood at Rs 2,333.10 million in the quarter ended Dec. 31, 2007, as against Rs 2,137.40 million in the quarter ended Sep. 30, 2007, recording a growth of 9.16%.

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Kirloskar Brothers net drops 84.99% for Dec `07 qtr

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Sasken Q3 net dips to Rs 3.8 crore
19 Jan, 2008, 1408 hrs IST

Sasken Communication Technologies has reported a dip in Q3 profit at Rs 3.8 crore compared to Rs 12 crore for the corresponding.

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Ipca Laboratories net rises 10.05% in Dec `07 qtr
Ipca Lab Q3 net up 10 pc at Rs 38 cr

Ipca Laboratories has reported a steady jump in net profits for the quarter ended in December 2007. During the quarter, the company experienced a 10.05% rise in profits to Rs 383.40 million from Rs 348.40 million in the quarter ended December 2006.Net sales for the quarter rose 21.21% to Rs 2,817.90 million compared with Rs 2,324.90 million in the corresponding quarter, a year ago.

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Zenith Computers net drops 95.66% in Dec`07 qtr

Kirloskar Pneumatic net rises 17.69% in Dec`07 qtr
Kirloskar Pneumatic Company reported a steady rise in net profit for the quarter ended December 2007. During the quarter, the company experienced a 17.69% rise in profit to Rs 51.90 million from Rs 44.10 million in the quarter ended December 2006.Net sales for the quarter rose 20.91% to Rs 983.20 million compared with Rs 813.20 million in the corresponding quarter, a year ago.
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