31 July 2008

Tata Steel Q1 standalone net up 22%,RCom Q1 profit up 24% at Rs 1,512 cr

Tata Steel Q1 net profit up 21.78% at Rs 1488.40 cr
Tata Steel Q1 standalone net up 22%
Tata Steel Q1 net climbs 21.79%

MUMBAI: Helped by higher volume and better product mix, Tata Steel has posted a forecast-beating 21.8% increase in standalone net profit at Rs 1488.40 crore for the quarter ended June 30, 2008, (Q1FY09) when compared with Rs 1,222.11 crore for the quarter ended June 30, 2007.According to an official release issued by the company to the BSE today, total income has increased to Rs 6,177.25 crore for the quarter ended June 30, 2008, from Rs 4305.33 crore for the quarter ended June 30, 2007.
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Tata Steel disclosed a small increase in its standalone net profit for the first quarter ended June 2008. During the quarter, the profit of the company rose 21.79% to Rs 14,884.00 million from Rs 12,221.10 million in the same quarter, last year.
The company reported earnings of Rs 19.94 a share during the quarter, registering 1.43% decline over previous year period.
Net sales for the quarter surged 46.87% to Rs 61,650.30 million, while total income for the quarter jumped 42.21% to Rs 61,772.50 million, when compared with the prior year period.
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RCom Q1 profit up 24% at Rs 1,512 cr
Rel Comm Q1 net profit up 0.6% at 1512 cr
RCom consolidated net rises 23.90% in Jun`08 qtr

MUMBAI: Anil Ambani group's telecom arm Reliance Communications Ltd (RCom) on Thursday posted a first quarter profit of Rs 1,512 crore, up 23.9 per cent from the same period last fiscal.
The company's revenue rose 23.7 per cent to Rs 5,322 crore. – PTI
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Reliance Communication has announced its first quarter results. The company's Q1 results were inline with expectations, its net profit was up 0.6% at 1512 crore versus 1502 crore, QoQ.
Its net sales were up 0.2% at Rs 5322 crore versus Rs 5,311.3 crore, QoQ.
Its EBITDA margin was down at 42.3% versus 43.62%. Operating profit went down 2.88% from Rs 2316.8 crore to Rs 2250 crore.
OPM’sQ109: 42.28%Q408: 43.62%Q308: 43.21%Q208: 42.85%Q108: 42.15%
According to CNBC-TV18 estimates, Its net profit was seen up 3.63% from Rs 1502.8 crore to Rs 1557.32 crore, QoQ.
Its revenues were seen up 7.95% from Rs 5311.3 crore to Rs 5733.92 crore
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Reliance Communications (RCom), on consolidated basis, posted a 23.90% rise in profit after tax of Rs 15,121.50 million for the quarter ended Jun. 30, 2008 as compared to Rs 12,204.30 million for the quarter ended Jun. 30, 2007.
Total Income increased by 23.66% to Rs 53,221.70 million for the quarter ended Jun. 30, 2008 from Rs 43,037 million for the quarter ended Jun. 30, 2007.
On standalone basis, the company reported a phenomenal drop in net profit for the quarter ended June 2008. During the quarter, the profit of the company declined 58.51% to Rs 3,473.80 million from Rs 8,373.00 million in the same quarter, previous year.
The company posted earnings of Rs 1.68 a share during the quarter, registering 59.02% decline over previous year period.
Net sales for the quarter rose 10.19% to Rs 35,579.70 million, while total income for the quarter rose 10.20% to Rs 35,590.60 million, when compared with the prior year period.
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A leading real estate developer, DLF today announced the un-audited results for the first quarter ended Jun. 30, 2008.Consolidated ResultsThe company posted a 22.99% increase in net profit of Rs 18,639.70 million for the quarter ended Jun. 30, 2008 as compared to Rs 15,154.80 million for the quarter ended Jun. 30, 2007. Total revenue increased by 23.24% to Rs 38,463.40 million for the quarter ended Jun. 30, 2008, from Rs 31,209.80 million for the quarter ended Jun. 30, 2007.
Standalone Results
The company announced a good increase in its standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company rose 21.01% to Rs 7,009.90 million from Rs 5,792.70 million in the same quarter, previous year.
The company reported earnings of Rs 4.11 a share during the quarter, registering 9.02% growth over previous year period.
Net sales for the quarter rose 13.97% to Rs 12,786.10 million, while total income for the quarter rose 23.76% to Rs 14,938.60 million, when compared with the prior year period
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National Aluminium Company (NALCO), a leading aluminum manufacturer, reported better than expected growth in its standalone net profit for the first quarter ended June 2008. During the quarter, the profit of the company climbed 17.61% to Rs 5,253.30 million from Rs 4,466.60 million in the same quarter, previous year. The analysts polled by Bloomberg had estimated earnings of Rs 4,617.50 million for the first quarter of financial year 2009.Net sales for the quarter went up 25.94% to Rs 14,674.90 million as against Rs 14,051.50 million estimated by analysts, while total income for the quarter rose 22.95% to Rs 15,937.00 million when compared with the prior year period.
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Ispat Industries, an integrated steel maker, reported a sharp rise in its standalone net profit for the first quarter ended June 2008, helped by strong sales growth coupled with substantial improvement in operating efficiency. During the quarter, the profit of the company surged 3.43 times to Rs 287.30 million from Rs 83.70 million in the same quarter, previous year. The company reported earnings of Rs 0.08 a share during the quarter compared with a loss of Rs 0.09 a share in previous year period.Net sales for the quarter surged 53.74% to Rs 27,878.10 million, while total income for the quarter jumped 54.67% to Rs 28,757.80 million, when compared with the prior year period.
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Adlabs Films disclosed a phenomenal drop in its standalone net profit for the quarter ended June 2008, hurt by higher operating cost. During the quarter, the profit of the company declined 94.86% to Rs 11.53 million from Rs 224.31 million in the same quarter, previous year.
The company posted earnings of Rs 0.25 a share during the quarter, registering 95.57% decline over previous year period.Net sales for the quarter rose 3.63 times to Rs 1,851.94 million, while total income for the quarter jumped 2.95 times to Rs 2,095.00 million, when compared with the prior year period.
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Source: indiaearnings,myiris,capitalmarket websites.
Source:

Results: Suzlon, Yesbk,Fintech,CBI,Daburpharma, JSW steel,Titan, NALCO,Videocon, PSTL,Adlabs etc

Yes Bank Q1 standalone net jumps 50.92%
Yes Bank reported a substantial rise in its standalone net profit for the first quarter ended June 2008. During the quarter, the profit of the company rose 50.92% to Rs 543.30 million from Rs 360 million in the same quarter, previous year. The company reported earnings of Rs 1.83 a share during the quarter, registering 41.86% growth over previous year period.

Parsvnath Developers Q1 net declines 15.59%
Provogue (India) net rises 27.67% in Jun`08 qtr

Financial Tech Q1 net profit at Rs 169.9 cr
has announced its first quarter numbers. Its Q1 standalone net profit stood at Rs 169.9 crore.


Finolex Cable Q1 net profit at Rs 45 cr
Finolex Cable has declared its first quarter numbers. Its Q1 net profit before exceptional items rose to Rs 45 crore versus Rs 31.8 crore.

Brigade Ent Q1 net profit at Rs 26.56 cr
HTMT Global Sol Q1 net profit at Rs 20.07 cr

Balrampur Chini Q3 net profit at Rs 16.9 cr
Balrampur Chini has declared its third quarter results. The company's Q3 standalone net profit was at Rs 16.9 crore versus net loss of Rs 47.3 crore.

Dabur Pharma Q1 net profit at Rs 27.7 cr
Dabur Pharma has announced its first quarter results. The company Q1 net profit was at Rs 27.7 crore.

Jindal Saw Q1 net profit at Rs 70.2 cr

Titan Ind Q1 net profit up at Rs 32.2 cr
Titan Industries has declared its first quarter results. The company's Q1 standalone net profit was up at Rs 32.2 crore versus Rs 12.6 crore.

NALCO Q1 net profit at Rs 525 cr
National Aluminium Company (NALCO), has declared its results for the quarter ended June 2008 (Q1). The company's net profit was at Rs 525 crore versus Rs 446.7 crore.

Cummins India Q1 standalone net rises 37.83%
Cummins India reported a considerable rise in standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company rose 37.83% to Rs 882.40 million from Rs 640.20 million in the same quarter last year.
The company posted earnings of Rs 4.46 a share during the quarter, registering 38.08% growth over previous year period.

Federal Bank Q1 net rises marginally by 1.81%
Gayatri Project Q1 net profit up at Rs 11.2 cr

JSW Steel Q1 cons net profit at Rs 250.23 cr
JSW Steel has declared its first quarter results. The company's Q1 consolidated net profit was down at Rs 250.23 crore versus Rs 426.17 crore, YoY.

Allied Digital net jumps 73.04% in Jun`08 qtr
Allied Digital Services reported a phenomenal rise in its standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company rose 73.04% to Rs 156.60 million from Rs 90.50 million in the same quarter, previous year.The company reported earnings of Rs 9.05 a share during the quarter, registering 27.64% growth over prior year period.

Videocon Ind Q1 net profit at Rs 255 cr
The company's Q1 net profit was at Rs 255 crore.

Pyramid Saimira net drops 15.69% for Jun`08 qtr
Pyramid Saimira Theatre announced a sharp drop in standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company declined 15.69% to Rs 134.97 million from Rs 160.08 million in the same quarter last year. The company reported earnings of Rs 4.77 a share during the quarter, registering 15.72% decline over previous year period.

Kesoram Ind Q1 net profit up at Rs 118.49 crore
BEML Q1 net loss at Rs 17.43 cr

Nagarjuna Cons Q1 net profit at Rs 37.08 cr
Nagarjuna Construction has come out with first quarter numbers. Its Q1 standalone net profit increased at Rs 37.08 crore from Rs 36.03 crore.

AIA Engg Q1 cons net profit at Rs 39.8 cr
Bharat Forge Q1 cons net profit at Rs 40.9 cr
KEC International Q1 net profit at Rs 25.5 cr
Piramal Life Q1 net loss at Rs 21.3 cr

Shriram Transport Q1 net profit at Rs 144 cr
Its Q1 net profit increased at Rs 144 crore from Rs 75 crore YoY.

Arvind Q1 net profit at Rs 3.8 cr

Yes Bank Q1 net profit up 50% at Rs 54 cr
Its Q1 net profit rose by 50% at Rs 54 crore from Rs 36 crore, which was way above estimated amount of Rs 48.73 crore.

Texmaco Q1 net profit at Rs 22 cr

Castrol India Q2 net profit at Rs 82.8 cr
The company's net profit was at Rs 82.8 crore versus Rs 65.9 crore.

BSEL Infra Q1 cons net profit at Rs 3.5 cr
Madhucon Proj Q1 net profit at Rs 14.8 cr
Aarti Industries Q1 net profit at Rs 33.2 cr

GMDC Q1 net profit at Rs 72.3 cr
The company's Q1 net profit was at Rs 72.3 crore versus Rs 65.2 crore.

Radico Khaitan Q1 net profit at Rs 6.8 cr

Everest Kanto Q1 cons net profit at Rs 35 cr
Its Q1 consolidated net profit was at Rs 35 crore versus Rs 22.2 crore.

Gujarat Alkalies Q1 net profit at Rs 54.5 cr
Its Q1 net profit was at Rs 54.5 crore versus Rs 50.5 crore.

Suzlon Energy Q1 net up 97% at Rs 39.4 cr
It has posted 97% growth in its Q1 consolidated net profit of Rs 39.4 crore as against Rs 20 crore.

Indiabulls Real Estate Q1 net profit at Rs 6.8 cr
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Other Results:
PNB Gilts reports net loss of Rs 56.01 crore in the June 2008 quarter
Asian Electronics net profit declines 93.78% in the June 2008 quarter
Birla Corporation net profit declines 5.81% in the June 2008 quarter
Bharat Bijlee net profit declines 39.21% in the June 2008 quarter

Voltamp Transformers net profit rises 36.05% in the June 2008 quarter
Net profit of Voltamp Transformers rose 36.05% to Rs 23.17 crore in the quarter ended June 2008 as against Rs 17.03 crore during the previous quarter ended June 2007. Sales rose 31.62% to Rs 170.15 crore in the quarter ended June 2008 as against Rs 129.27 crore during the previous quarter ended June 2007.

Vakrangee Softwares net profit rises 96.41% in the June 2008 quarter
Prithvi Information Solutions reports net loss of Rs 6.99 crore in the June 2008 quarter
Apar Industries net profit rises 32.89% in the June 2008 quarter
Blue Dart Express net profit rises 20.35% in the June 2008 quarter
Uttam Galva Steels net profit rises 16.88% in the June 2008 quarter
Dabur Pharma net profit declines 79.21% in the June 2008 quarter
Videocon Industries net profit rises 4.06% in the June 2008 quarter

Mahanagar Telephone Nigam net profit rises 15.15% in the June 2008 quarter
Net profit of Mahanagar Telephone Nigam rose 15.15% to Rs 115.20 crore in the quarter ended June 2008 as against Rs 100.04 crore during the previous quarter ended June 2007. Sales declined 6.08% to Rs 1121.65 crore in the quarter ended June 2008 as against Rs 1194.27 crore during the previous quarter ended June 2007

JSW Steel net profit declines 53.18% in the June 2008 quarter
Balrampur Chini Mills reports net profit of Rs 16.85 crore in the June 2008 quarter
Bajaj Hindusthan reports net loss of Rs 35.41 crore in the June 2008 quarter
Opto Circuits (India) net profit rises 30.56% in the June 2008 quarter

Titan Industries net profit rises 154.91% in the June 2008 quarter
Net profit of Titan Industries rose 154.91% to Rs 32.22 crore in the quarter ended June 2008 as against Rs 12.64 crore during the previous quarter ended June 2007. Sales rose 23.25% to Rs 810.31 crore in the quarter ended June 2008 as against Rs 657.47 crore during the previous quarter ended June 2007.

Central Bank of India reports net profit of Rs 59.32 crore in the June 2008 quarter
Central Bank of India reported net profit of Rs 59.32 crore in the quarter ended June 2008. Total operating income reported at Rs 2411.29 crore in the quarter ended June 2008.

Nagarjuna Construction Company net profit rises 2.91% in the June 2008 quarter
Shriram City Union Finance net profit rises 58.81% in the June 2008 quarter
Shriram Transport Finance Company net profit rises 87.74% in the June 2008 quarter
IQMS Software net profit rises 94.74% in the June 2008 quarter
Karuturi Global net profit rises 32.68% in the June 2008 quarter
Bongaigaon Refinery & Petrochemicals net profit rises 37.86% in the June 2008 quarter
Gokul Refoils and Solvent reports net profit of Rs 22.18 crore in the June 2008 quarter
Alok Industries net profit declines 48.46% in the June 2008 quarter
Numeric Power Systems net profit rises 44.44% in the June 2008 quarter

Source: indiaearnings, capitalmarket