Results: PNB, Rel Capital, CBI, GTL, Cipla, Engg India etc

PNB Q3 earnings climb 25.96%

Punjab National Bank (PNB), the second largest public sector lenders in India, reported a growth of 25.96% in earnings in the quarter ended Dec. 31, 2007, to Rs 5,414.50 million compared with Rs 4,298.70 million in the same quarter, last year. The earnings per share for the quarter rose 25.97% to Rs 17.17 compared with Rs 13.63 in the prior year period.

The interest earned by the bank climbed 23.33% to Rs 36,361.30 million, while the total income for the quarter rose 25.93% to Rs 41,195.70 million when compared with the corresponding quarter, a year ago.

GTL Q3 consolidated earnings surge 95.53%
GTL reported a jump of 95.53% in consolidated earnings in the quarter ended Dec. 31, 2007, to Rs 406.70 million compared with Rs 208 million in the same quarter, last year. The consolidated total income for the quarter surged 55.31% to Rs 4,546.10 million compared with the corresponding quarter, a year ago.

United Breweries net drops 94.56% in Dec`07 qtr

Central Bank of India Q3 net jumps 50%
Leading public sector lender, Central Bank of India reported a jump of 49.90% in earnings in the quarter ended Dec. 31, 2007, to Rs 2,010.10 million compared with Rs 1,341 million in the same quarter, last year. The bank posted earnings per share of Rs 4.47 in the quarter ended December 2007.

Reliance Capital net up 86% in Dec`07 qtr Reliance Capital registered a 86.43% growth in net profit to Rs 1,352.40 million for the quarter ended December 2007 as compared with Rs 725.70 million for the corresponding quarter, last year.Net sales for the quarter rose 3.07 times to Rs 3,725.10 million as against Rs 1,212.40 million for the same quarter, a year ago.

Jindal Poly Films Q3 net jumps 2.21 times

Jindal Poly Films reported a robust growth of 2.21 times in earnings in the quarter ended Dec. 31, 2007, to Rs 266.9 million compared with Rs 120.8 million in the previous year period. Substantial rise in operating margin pushed the earnings of the company lower. Operating margin in the quarter climbed to 19.16%, representing a fall of 708 compared with prior year period. The earnings per share (EPS) for the quarter jumped 2.21 times to Rs 9.50 compared with Rs 4.30 in previous year period.


3i Infotech net down 46.43% in Dec`07 qtr

3i Infotech registered a steep drop of 46.43% in net profit of Rs 197.02 million for the quarter ended December 2007, as compared with Rs 367.81 million for the corresponding quarter last fiscal.
Net sales for the quarter rose 30.93% to Rs 1,028.37 million, as against Rs 785.45 million for the same quarter a year ago.
Total income for the quarter rose 26.64% to Rs 1,082.47 million as compared with Rs 854.74 million for the corresponding quarter last year.

Panacea Biotec net up 6.75% in Dec`07 qtr

Apollo Hospitals net rises 46.92% in Dec`07 qtr
Apollo Hospitals Enterprise disclosed a steady jump in net profit, for the quarter ended December 2007. During the quarter, the company experienced a 46.92% rise in profit to Rs 263 million, from Rs 179 million in the quarter ended December 2006.Net sales for the quarter rose 24.18% to Rs 2,891 million, compared with Rs 2,328 million in the corresponding quarter, a year ago.Total income rose 26.91% to Rs 2,971 million for the quarter ended December 2007 from Rs 2,341 million for the same period, last year.

ICI India Q3 earnings fall 97.17%
EID Parry swings to loss in Q3
Tata Coffee net down 13.99% in Dec`07 qtr

Engineers India net rises 26% in Dec`07 qtr
Engineers India disclosed a steady jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 26% rise in profit to Rs 502.50 million from Rs 398.80 million in the quarter ended December 2006.Net sales for the quarter rose 35.28% to Rs 1,774.50 million compared with Rs 1,311.70 million in the corresponding quarter, a year ago.

Cipla Q3 profit rises 14.25%; sales up 25.43%
Cipla, one of the largest drugmaker, reported a rise of 14.25% in earnings in the quarter ended Dec. 31, 2007, to Rs 2,106.50 million compared with Rs 1,843.80 million in the previous year period. The basic earnings per share (EPS) for the December 2007 quarter stood at Rs 2.71. Net sales for the quarter climbed 25.43% to Rs 11,044.90 million, while the total income for the quarter rose 24.49% to Rs 11,286.90 million, when compared with the corresponding quarter, a year ago.

Electrosteel Castings net drops 52.83% in Dec`07 qtr
Electrosteel Castings disclosed a steep drop in net profit for the quarter ended December 2007. During the quarter, the company experienced a 52.83% decline in profit to Rs 139.09 million, from Rs 294.90 million in the quarter ended December 2006

Ruchi Soya net up 58.50% in Dec`07 qtr
Ruchi Soya Industries registered a 58.50% growth in net profit to Rs 594.70 million for the quarter ended December 2007 as compared with Rs 375.20 million for the corresponding quarter, last fiscal.
Net sales for the quarter rose 12.03% to Rs 31,966.30 million as against Rs 28,533.60 million for the same quarter, a year ago.

Tulip IT net rises 96.85% in Dec`07 qtr
Tulip IT Services disclosed phenomenal jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 96.85% rise in profit to Rs 540.91 million from Rs 274.77 million in the quarter ended December 2006.Net sales for the quarter rose 50.05% to Rs 3,330.82 million compared with Rs 2,219.86 million in the corresponding quarter, a year ago.

GMR Infra net rises 27 times in Dec`07 qtr
GMR Infrastructure disclosed phenomenal jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 27.03 times rise in profit to Rs 156.80 million from Rs 5.80 million in the quarter ended December 2006.

Century Plyboards net rises 74.69% in Dec`07 qtr
Century Plyboards India disclosed a rise of 74.69% in net profit for the quarter ended December 2007. During the quarter, the company experienced a rise in profit to Rs 128.54 million from Rs 73.58 million in the quarter ended December 2006.Net sales for the quarter rose 31.25% to Rs 1,425.05 million compared with Rs 1,085.79 million in the corresponding quarter, a year ago

Wyeth Q3 earnings fall 24.27%; sales rise 17.63%

Marico net up 31% in Dec`07 qtr
Marico registered a 31.04% growth in net profit to Rs 402.30 million for the quarter ended December 2007 as compared with Rs 307 million for the corresponding quarter, last fiscal.

Alembic net rises 67.41% in Dec`07 qtr
Alembic disclosed a steep rise in net profit for the quarter ended December 2007. During the quarter, the company experienced a 67.41% rise in profits to Rs 420.20 million from Rs 251 million in the quarter ended December 2006.Net sales for the quarter rose 40.26% to Rs 2,606.20 million compared with Rs 1,858 million in the corresponding quarter, a year ago.


Avaya Global net down 30.82% for Dec`07 qtr

Shriram Transport Finance net up 86.03% in Dec`07 qtr
Shriram Transport Finance Company registered a 86.03% rise in net profit to Rs 1,071.00 million for the quarter ended December 2007, as against Rs 575.70 million for the same quarter, a year ago.

Varun Shipping net up 85.94% in Dec` 07 qtr
Varun Shipping Company registered a 85.94% rise in net profit to Rs 736.88 million for the quarter ended December 2007, as against Rs 396.29 million for the same quarter, a year ago.

Nitco Tiles net up 43.43% in Dec` 07 qtr
Nitco Tiles registered a 43.43% rise in net profit to Rs 132.01 million for the quarter ended December 2007, as against Rs 92.04 million for the same quarter, a year ago.

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