Results:Lupin, Siemens,Jstain,AsianPaints,IDBI, Hanung etc

Siemens net profit rises 107.15% in the June 2008 quarter

Net profit of Siemens rose 107.15% to Rs 169.43 crore in the quarter ended June 2008 as against Rs 81.79 crore during the previous quarter ended June 2007. Sales rose 1.54% to Rs 1809.68 crore in the quarter ended June 2008 as against Rs 1782.27 crore during the previous quarter ended June 2007

Jindal Stainless net profit declines 65.59% in the June 2008 quarter
Net profit of Jindal Stainless declined 65.59% to Rs 28.42 crore in the quarter ended June 2008 as against Rs 82.60 crore during the previous quarter ended June 2007. Sales rose 31.80% to Rs 1577.43 crore in the quarter ended June 2008 as against Rs 1196.82 crore during the previous quarter ended June 2007

Asian Paints net profit rises 32.02% in the June 2008 quarter
Net profit of Asian Paints rose 32.02% to Rs 98.00 crore in the quarter ended June 2008 as against Rs 74.23 crore during the previous quarter ended June 2007. Sales rose 34.45% to Rs 995.24 crore in the quarter ended June 2008 as against Rs 740.21 crore during the previous quarter ended June 2007

Alfa-Laval India net profit rises 28.96% in the June 2008 quarter
Net profit of Alfa-Laval India rose 28.96% to Rs 25.92 crore in the quarter ended June 2008 as against Rs 20.10 crore during the previous quarter ended June 2007. Sales rose 31.15% to Rs 194.23 crore in the quarter ended June 2008 as against Rs 148.10 crore during the previous quarter ended June 2007

Strides Arcolab reports net loss of Rs 55.96 crore in the June 2008 quarter
Grindwell Norton net profit rises 17.60% in the June 2008 quarter
NOCIL net profit rises 473.40% in the June 2008 quarter
Bellary Steels & Alloys reports net loss of Rs 34.37 crore in the June 2008 quarter
Vimal Oil and Foods net profit rises 21.43% in the June 2008 quarter

Indraprastha Gas net profit rises 13.69% in the June 2008 quarter
Net profit of Indraprastha Gas rose 13.69% to Rs 43.68 crore in the quarter ended June 2008 as against Rs 38.42 crore during the previous quarter ended June 2007. Sales rose 17.92% to Rs 190.74 crore in the quarter ended June 2008 as against Rs 161.75 crore during the previous quarter ended June 2007

Coromandel Fertilisers net profit rises 1394.68% in the June 2008 quarter
Net profit of Coromandel Fertilisers rose 1394.68% to Rs 193.86 crore in the quarter ended June 2008 as against Rs 12.97 crore during the previous quarter ended June 2007. Sales rose 462.90% to Rs 1400.39 crore in the quarter ended June 2008 as against Rs 248.78 crore during the previous quarter ended June 2007.

EMCO net profit rises 11.54% in the June 2008 quarter
Net profit of EMCO rose 11.54% to Rs 10.05 crore in the quarter ended June 2008 as against Rs 9.01 crore during the previous quarter ended June 2007. Sales rose 18.81% to Rs 183.35 crore in the quarter ended June 2008 as against Rs 154.32 crore during the previous quarter ended June 2007

NIIT Technologies net profit declines 15.34% in the June 2008 quarter
Net profit of NIIT Technologies declined 15.34% to Rs 24.44 crore in the quarter ended June 2008 as against Rs 28.87 crore during the previous quarter ended June 2007. Sales rose 46.22% to Rs 124.26 crore in the quarter ended June 2008 as against Rs 84.98 crore during the previous quarter ended June 2007.

Bank of Rajasthan net profit rises 2.49% in the June 2008 quarter

IDBI Bank net profit rises 4.34% in the June 2008 quarter
Net profit of IDBI Bank rose 4.34% to Rs 159.76 crore in the quarter ended June 2008 as against Rs 153.12 crore during the previous quarter ended June 2007. Total operating income rose 34.85% to Rs 2417.64 crore in the quarter ended June 2008 as against Rs 1792.79 crore during the previous quarter ended June 2007.

Lupin net profit rises 38.45% in the June 2008 quarter
Net profit of Lupin rose 38.45% to Rs 108.52 crore in the quarter ended June 2008 as against Rs 78.38 crore during the previous quarter ended June 2007. Sales rose 18.39% to Rs 712.42 crore in the quarter ended June 2008 as against Rs 601.75 crore during the previous quarter ended June 2007

OCL India net profit rises 7.95% in the June 2008 quarter
Century Textiles & Industries net profit declines 42.08% in the June 2008 quarter
Jindal Drilling & Industries net profit rises 1.31% in the June 2008 quarter
Tata Elxsi net profit declines 41.24% in the June 2008 quarter
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Bank of Rajasthan Q1 net profit at Rs 30.9 cr
IDBI Bank Q1 net up 3.84% at Rs 159 cr
Century Textiles Q1 net profit at Rs 62.5 cr
Lupin Q1 cons net profit at Rs 112 cr
NIIT Tech Q1 net profit at Rs 24.4 cr

Hanung Toys Q1 net profit at Rs 18.6 cr
Tata Elxsi Q1 cons net sales at Rs 97.4 cr
Thermax Q1 cons net profit at Rs 58.4 cr
Madras Fert Q1 net loss at Rs 30 cr
Tata Coffee Q1 net profit at Rs 3.9 cr
Peninsula Land Q1 net profit at Rs 31.24 cr


Source: Indiaearnings, Capitalmarket

Deadpresident blog reports

Ultratech Cement
Today's Pick - Indian Bank
Technicals - July 22 2008

India Infrastructure
Daily Technicals - July 22 2008
Maruti Suzuki, ICICI Bank, Infosys, Bharti Airtel,...

Eveninger - July 21 2008
Property prices down
Bullion metals register gains

Crude rises for first time in five sessions
RCom July 2008 futures at premium
PFC

Source: Deadpresident blog

10 trends for IT cos

10 trends for IT cos

The last ten years were years of numbers and figures for the Indian IT services industry. And as the National Association of Software and Services Companies (Nasscom) President Som Mittal will tell you, they were years to project numbers and weave a strategy to get to those numbers. “But the next decade will be structurally different.

It will be more about making a change rather than following a change,” he says. With the change in business and economic landscape, IT companies will need a different tool-kit to retain the edge from here on.

Indian players can never forget that out of the total addressable offshoring market of $380 billion, less than 15 per cent has been penetrated. What are the trends that the Indian IT industry needs to catch in order to ride the next decade of growth for the software services market? Read on...... 10 trends for IT cos

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