Results Updates

Nitin Fire`s consolidated net jumps 2.18 times in Q2

Nitin Fire Protection Industries (NFPIL) reported 2.18 times increase in its consolidated net profit to Rs 59.23 million for the quarter ended Sep. 30, 2007 as compared with Rs 27.18 million in the same quarter, previous year.
The total consolidated income grew 31% to Rs 357.59 million during the current quarter as against Rs 273.81 million in the corresponding quarter, a year ago.
The earning per share (EPS) for the latest quarter stood at Rs 5.14 as compared with Rs 1.75 for the same quarter, last year.

Lanco Global net jumps 4.29 times for Sep`07 qtr

Hyderabad-based global IT service provider Lanco Global (Q, N,C,F)* Systems reported 4.29 times rise in net profit to Rs 42.44 million for the quarter ended September 2007 as against Rs 9.89 million in the corresponding quarter, last year.
Net sales of the company jumped 5 times to Rs 263.30 million as against Rs 52.93 million in the same period, last year.
The diluted EPS, after extraordinary items, stood at Rs 1.67 for the September 2007 quarter


Bayer CropScience net up 8.20% for Sep`07 qtr

Bayer CropScience reported 8.20% rise in net profit to Rs 330.90 million for the quarter ended September 2007 as against Rs 305.80 million in the corresponding quarter, last year. The net sales of the company rose 40.65% to Rs 3,680.10 million as against Rs 2,616.40 million in the same period, last year. The total income also rose 38.95% to Rs 3,729.90 million in the current quarter as compared with Rs 2,684.30 million in the same quarter, last year.

Bilcare net up 38.24% for Sep`07 qtr
Pune-based pharmaceutical packaging materials manufacturer Bilcare reported 38.24% rise in net profit to Rs 163.40 million for the quarter ended September 2007 as against Rs 118.20 million in the corresponding quarter, last year.
Net sales of the company witnessed 25.56% rise to Rs 979.50 million as against Rs 780.1 million in the same period, last year.
The total income also increased 30.22% to Rs 1,022.80 million as compared with Rs 785.40 million in the same quarter, last year.

Asian Hotels net up 25.47% in Sep`07 qtr
Asian Hotels, reported a 25.47% rise in net profit to Rs 179.30 million, for the quarter ended September 2007, as against Rs 142.90 million in the corresponding quarter, last year.

The net sales of the company witnessed 27.70% rise to Rs 1,055.60 million as against Rs.826.60 million in the same period, last year.

Lanco Industries net up 2.4% in Q2
Lanco Industries posted a 2.39% rise in net profit at Rs 46.19 million for the quarter ended September 2007 as compared with Rs 45.11 million for the same quarter ended during the last year. Net sales increased 4.02% to Rs 959.39 million for the quarter ended September 2007 from Rs 922.29 million for the same quarter ended during the last year.


Punj Lloyd net up 39.86 times in Sep`07 qtr
Punj Lloyd (PLL), India`s second largest engineering and construction company and a global EPC services provider in energy and infrastructure domains, has recorded spectacular performance with consolidated income of Rs 33,426.6 million for the first half of the FY `08; an increase of 65.27% as compared to Rs 20,225.5 million in the corresponding period, last year. On a consolidated basis, EBITDA for H1FY`08 improved to Rs 3,411.7 million; an increase of 2.22 times as compared to Rs 1,534.1 million in the corresponding previous period. Net profit for the six month period ended September 2007 was at Rs 1,489.1 million as against Rs 598.3 million in H1FY`07. The basic earnings per share (EPS) for H1FY2008 stood at Rs 5.56.Consolidated revenues for the Q2FY08 stood at Rs 19,247.1 million. Consolidated EBIDTA for Q2FY08 was at Rs 1,967.6 million. Operating margins for Q2FY08 stood at 10.22%. The share of revenue from international operations during the quarter constituted 66% of the consolidated revenue. Order Inflow during the quarter at Rs 24,550 million signifies the company`s sustained leadership position in the industry.Consolidated net profit at Rs 894.4 million for the quarter ended Sep. 30, 2007 registered a robust growth of 166.59% over the corresponding quarter of the previous year. Continued improvement in operational efficiencies and a judicious selection of orders with improved margins have enabled it to register an increase in the operating margins by 48.41% from 6.90% in Q2FY07 to 10.24% in Q2FY08.




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