Results: Tata Steel, Larsen Toubro, ITC, Kotak Bk etc

Tata Steel Q2 net up 8% at Rs 1,190.83 cr

World's sixth largest steelmaker, Tata Steel Ltd on Friday posted 8.11 per cent rise in net profit at Rs 1,190.83 crore for the quarter ended September 30 as compared to Rs 1,101.49 crore in the corresponding quarter last year. Total income jumped 11.41 per cent to Rs 4,879.41 crore for the second quarter ended September 30 from Rs 4379.51 crore in the year-ago period, a company release said. For the first half of the current fiscal, the company reported a net profit of Rs 2,412.94 crore against Rs 2,054.90 crore in the same period in 2006-07.

Total income stood at Rs 9,223.11 crore for the six month period ended September 30 against Rs 8,356.89 crore in the comparable period last year. Earnings per share of the company stood at Rs 19.55 for the quarter ended September 30 as against Rs 19.15 in the same period last year. The company's steel production has grown to Rs 12.79 lakh tonnes in the quarter ended September 30 as against 12.57 lakh tonnes in the year-ago period. Besides, steel sales grew to 12.18 lakh tonnes in the reviewed quarter from 11.83 lakh tonnes in the same period last year, it said. Tata Steel also posted an export turnover of Rs 597.21 crore in the July-September period this year while it was Rs 545.95 crore in the same period of 2006-07.

Larsen & Toubro Q2 net profit jumps, shares rise 11 pc

Larsen & Toubro Ltd, India's largest engineering and construction firm, said on Friday quarterly profit rose by more than a third as it won more orders, sending its shares up nearly 11 percent. Larsen, whose heavy engineering and construction activities account about 75 percent of its total revenue, has been riding a boom in Indian infrastructure.

"With a healthy order book, the company is confident of sustaining the growth momentum, both in terms of revenue and profitability in the near to medium term," the company said in a statement. The company said it had an order backlog of 44O billion rupees ($11 billion) at the end of September, the company's chief financial officer Y.M. Deosthalee told reporters. Shares in Larsen raced to an all-time high of 3,835 rupees after the results and by 0713 GMT they were 10.3 percent higher at 3,811.25.

ITC Q2 net profit rises 13.42%

ITC’s net profit increase 13.42 per cent to Rs 770.87 crore for the quarter ended September 2007 compared to Rs 679.60 crore in the same quarter last year. Total income increased 18.20 per cent to Rs 3,481.63 crore from Rs 2,945.36 crore.


HDIL July-Sept net profit 2.29 bn rupees

Real estate firm Housing Development & Infrastructure Ltd has reported a net profit of 2.29 billion rupees for the July-September quarter, on net sales of 4.65 billion rupees.

Kotak Mahindra Bank Q2 net up over two-fold at Rs 241.45 cr

sector lender Kotak Mahindra Bank on Friday posted a more than a two-fold increase in net profit at Rs 241.45 crore for the quarter ended September 30, compared to Rs 93.90 crore for the same quarter last fiscal. The company's total income increased to Rs 1,811.78 crore for the second quarter ended September 30, against Rs 903.49 crore for the corresponding quarter in the year-ago period, Kotak Mahindra Bank said in a communique to the Bombay Stock Exchange. The standalone profit of the bank stood at Rs 75.38 crore for the September quarter, compared to Rs 34.80 crore for the same quarter in the previous fiscal.

Jindal Stainless July-September net down 57 pct

In its unaudited results for the quarter ended September 30, 2007, Jindal Stainless posted a net profit after tax of Rs 418.10 million for the quarter ended September 30, 2007 as compared to Rs 970.50 million for the quarter ended September 30, 2006

Andhra Bank Q2 net profit up 3.26%

Andhra Bank's net profit rose 3.26 per cent to Rs 151.21 crore in the quarter ended September 2007 compared to Rs 146.43 crore same quarter previous year.


Idea Cellular Q2 net profit doubles YoY

Federal Bank Q2 net profit up 37.24%

Deccan Chronicle July-Sept net at 826 mn rupees

JK Paper Q2 net up 13.6 pc

IL&FS Investsmart`s net declines 70.44% for Sep `07 qtr



Colgate-Palmolive Q2 earnings jump 2.36 times

Winro Commercial`s net up 31.90% for Sep `07 qtr

Tulip IT Services Q2 earnings climb 30.29%

Leading data communication services provider, Tulip IT (Q, N,C,F)* Services registered a substantial rise of 30.29% in net profit for the quarter ended September 2007, helped by 439 basis points rise in operating margin coupled with healthy revenue growth. During the quarter, the company saw a rise in net profit to Rs 370.84 million from Rs 202.48 million in the same quarter of the previous year. The company posted earnings per share of Rs 10.79 in this quarter.

OCL India net jumps 83.30% for Sep`07 qtr

Idea Cellular net rises 14% in Sep`07 qtr

Asahi India Q2 consolidated net falls 71.47%

Elecon Engineering Q2 net up 5.90%

Tata Steel net rises 8.11% for Sep `07 qtr

Cadila Healthcare Q2 consolidated net climbs 13.62%

ICSA net up 92.82% in Sep`07 qtr

ICSA (India) on standalone basis registered a stupendous 92.82% growth in net profit to Rs 288.80 million for the quarter ended September 2007 as compared with Rs 149.77 million for the corresponding quarter, last year.Net sales for the quarter rose 95% to Rs 1,462.31 million as compared with Rs 749.89 million for the same quarter, a year ago.

Syndicate Bank net up 10.97% in Sep`07 qtr

Micro Tech net up 60.75% for Sep `07 qtr

Bharat Forge net up 8.95% in Sep`07 qtr
Bharat Forge registered 8.95% growth in net profit to Rs 677.48 million for the quarter ended Sep. 30, 2007, from Rs 621.84 million in the corresponding quarter, last fiscal.
Net sales rose to Rs 5,632.24 million in the quarter ended Sep. 30, 2007, as against Rs 4,506.85 million in the same period last year, recording a growth of 24.97%.

BEL net dips 17.16% for Sep`07 qtr

Dabur Pharma Q2 net up 22%

Bata India net up 56.30% in Sep`07 qtr

Jindal Stainless net declines 56.91% in Sep`07 qtr


Dredging Corp Q2 net flat at Rs 358.60 mn

Prime Focus Q2 net up 58.44%

HCC net rises 2.78 times for Sep`07 qtr

Apollo Tyres net up 2.63 times in Sep`07 qtr

Apollo Tyres registered a stupendous 2.63 times growth in net profit to Rs 511.04 million for the quarter ended September 2007, as compared with Rs 193.70 million for the corresponding quarter, last fiscal.The rise in net profit can be mainly attributed to increase in other income and operating profit. Other income and operating profit surged 20.51 times and 86.23% respectively.Net sales for the quarter rose 10.03% to Rs 8,443.11 million, as compared with Rs 7,673.30 million for the same quarter, a year ago.

Bhagyanagar India profit climbs 46.48% for Sep`07

Bhagyanagar India registered 46.48% growth in net profit to Rs 101.47 million for the quarter ended Sep. 30, 2007 from Rs 69.27 million in the corresponding quarter, last fiscal

Gulf Oil Corporation net up 45.13% for Sep`07 qtr

Gulf Oil Corporation registered a 45.13% growth in net profit to Rs 52.09 million for the quarter ended September 2007 as compared with Rs 35.89 million for the corresponding quarter, last fiscal

Educomp Solutions net jumps 2.6 times in Q2

Educomp Solutions reported a 2.6 times jump in net profit at Rs 136.16 million for the second quarter ended September 2007, compared with Rs 50.63 million for the same quarter, last year. Net sales rose 2.27 times to Rs 449.42 million in the quarter, from Rs 197.13 million in the same quarter, a year ago.

Zuari Industries Q2 net up 6%

Action Construction net doubles in Sep`07 qtr

NMDC net up 22.4% for Sep`07 qtr

i-flex (consolidated) net down 6.5% in Q2

Deccan Chronicle net up 28.44% for Sep`07 qtr

Tata Coffee net dips 10.7% in Q2

DS Kulkarni net up 83% in Q2

Federal Bank net up 37.24% in Sep`07 qtr

Kerala-based Federal Bank (Q, N,C,F)* registered 37.24% rise in net profit to Rs 953.30 million for the quarter ended September 2007, from Rs 694.60 million in the quarter ended September 2006. Interest earned for the quarter rose 37.91% to Rs 5,981.50 million from Rs 4,337.10 million for the quarter ended September 2006.
Total income also rose 33.32%, to Rs 6,750.60 million for the quarter compared with Rs 5,063.20 million in the same quarter, last year.

Punjab Chemicals net doubles to Rs 45.3 mn for Sep`07 qtr

M&M Financial Services Q2 net rises 24.40%

Gujarat State Petronet net down 27.28% for Sep`07 qtr

Ratnamani Metals & Tubes net up 59.89% for Sep`07 qtr

Cummins India Q2 net up 6%

Kalpana Industries profit up 91.33% for Sep`07 qtr

Century Enka Q2 net climbs 24.48%

ING Vysya Bank net rises 11.08% in Sep`07 qtr

Sun Pharmaceutical net up 21.68% for Sep`07 qtr

TRF net up 4.09 times for H1FY08

Peninsula Land net falls 56.12% for Sep`07 qtr

National Fertilizers net rises 56.71% for Sep`07 qtr




HT Media Q2 net profit stood at Rs 32 cr

HT Media has declared its Q2 results. Its Q2 net profit stood at Rs 32 crore versus Rs 27 crore.




Atul Q2 net profit up at Rs 16 cr


JK Cement Q2FY08 net profit up at Rs 73 crore

JK Cement has declared its second quarter results. Its Q2FY08 net profit was up at Rs 73 crore from Rs 34 crore. ]

Pratibha Inds Q2 net prodit up at Rs 6.7 cr
Pratibha Industries has announced its Q2 FY08 result. The company in Q2 has reported net profit of Rs 6.7 crore versus Rs 3.7 crore, YoY basis.

Emkay Q2 net profit up at Rs 6.5 cr
Emkay in Q2 FY08 has reported net profit of Rs 6.5 crore versus Rs 2.2 crore on YoY basis.

NOCIL Q2 net profit down at Rs 1.4 cr



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