Result Updates

HDFC Bank net jumps 40% in Sep`07 qtr (Update)

H D F C Bank registered a 40.14% growth in net profits to Rs 3,684.80 million for the quarter ended September 2007 from a profit of Rs 2,629.40 million for the quarter ended September 2006Interest earned for the quarter rose 44.45% to Rs 23,627.60 million for the quarter ended September 2007 from Rs 16,356.60 million for the quarter ended September 2006.Total income rose 39.92%, to Rs 28,451.4 million for the quarter ended September 2007, from Rs 20,333.7 million for the quarter ended September 2006.

The company reported a basic EPS (after extraordinary items) of Rs 10.60
Shares of the bank declined Rs 20.65, or 1.42%, to trade at Rs 1,435.8. The total volume of shares traded was 53,955 at the BSE.(1.47 p.m,Friday).


Other Result Updates:

Exide Industries net jumps 42.29% in Sep`07 qtr
Exide Industries, a leading producer of storage batteries, announced 42.30% growth in net profit after tax at Rs 622.40 million for the quarter ended September 2007 as compared to Rs 437.40 million for the quarter ended September 2006. Net sales registered a 48% growth at Rs 6,677.50 million for the quarter, as compared to Rs 4,511.90 million a year ago.Total Income increased to Rs 6,682.90 million for the quarter ended September 2007 from Rs 4,535.80 million for the quarter ended September 2006 .Exide Industries Earnings per share (EPS) for the quarter stood at Rs 0.83.

Abhishek Industries net down 42.05% in Sep`07 qtr
Abhishek Industries registered a steep drop of 42.05% in net profit of Rs 76.20 million for the quarter ended September 2007 as compared with Rs 131.50 million for the corresponding quarter, last year.

Mastek Q2 consolidated net rises 18.55%
Leading software maker, Mastek (Q, N,C,F)* reported a rise of 18.55% in consolidated net profit for the quarter ended September 2007. During the quarter, the company saw a rise in consolidated net profit to Rs 251.20 million from Rs 211.90 million in the same quarter last year.Consolidated total income for the quarter climbed 6.32% to Rs 2,114.90 million compared with the corresponding quarter, a year ago.

Tata Metaliks net up 2.75 times in Sep`07 qtr
Tata Metaliks on standalone basis registered a 2.75 times growth in net profit to Rs 128.50 million for the quarter ended September 2007 as compared with Rs 46.70 million for the corresponding quarter last year. Net sales for the quarter rose 43.86% to Rs 2,384.50 million for the quarter ended September 2007 as compared with Rs 1,657.50 million for the same quarter last year.Total income for the quarter rose 43.39% to Rs 2,418.7 million as against Rs 1,686.8 million for the same quarter last fiscal.

Aban Offshore net rises 2.13 times for Sep `07 qtr
Aban Offshore, provider oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad, disclosed a phenomenal jump in net profit for the quarter ended September 2007. During the quarter, the company`s net profit rose 2.13 times to Rs 472.13 million from Rs 221.38 million in the same quarter last year.

Omnitech Info posts Rs 53.93 mn profit in Sep`07
Omnitech Infosolutions registered a net profit of Rs 53.93 million in September 2007.Net sales for the quarter was 280.37 million and total Income stood at 281.53 million. Equity shares of Omnitech InfoSolutions were listed for trading at the bourses, on Aug. 14, 2007. The shares will be a part of the B1 group of securities on BSE. The issue price was fixed at Rs 105 a share.
Shares of the company closed down Rs 1.20, or 0.85% at Rs 140.05. The total volume of shares traded at the BSE was 163,527. (Friday).

Geojit Financial net rises 2.88 times for Sep `07 qtr
Geojit Financial Services, provider of financial services, reported a phenomenal jump in net profits for the quarter ended September 2007. During the quarter, the company`s net profit went up 2.88 times to Rs 104.90 million from Rs 36.40 million in the same quarter last year.Total income rose 192% to Rs 437.50 million for the quarter ended September 2007 from Rs 226.80 million for the same period last year.The diluted EPS after extraordinary items stood at Rs 0.49 for the quarter ended September 2007.

Rallis India net rises 2.34 times in Sep `07 qtr
Rallis India, a member of Tata Group, reported a phenomenal jump in net profit for the quarter ended n September 2007. During the quarter, the company`s net profit went up 2.34 times to Rs 1,018.80 million from Rs 434.60 million in the same quarter last year.Net sales for the quarter rose 16.55% to Rs 2,467.70 million compared with Rs 2,117.20 million in the corresponding quarter, a year ago. Total income rose 25.68% to Rs 3,344 million for the quarter ended September 2007 from Rs 2,660.60 million for the same period last year.The EPS increased 2.40 times to Rs 83.39 for the quarter ended September 2007 from Rs 34.68 for the same quarter last year.



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