ET Result Update: ITC, HDFC, Wipro, HCC, Titan, Orbit, Nicholas, BASF, Trent, NDTV etc

ITC Q3 net up 16% at Rs 830 crore 19 Jan, 2008, 0047 hrs ISTTobacco and hotels major ITC on Friday reported a 16% Y-o-Y growth in net profit for the third quarter (Q3) ended December ‘07 to Rs 830 crore.

HDFC net profit jumps 83% to Rs 648.9 cr in Q3 19 Jan, 2008, 0000 hrs ISTHDFC has reported a net profit of Rs 648.9 crore for the quarter ended Dec 2007, an increase of 83% over the net profit of Rs 355.5 cr last year. Global Indians

Wipro's Q3 net profit up 5.7% QoQ 18 Jan, 2008, 0852 hrs ISTWipro’s net profit for the quarter ended December 31, 2007 was Rs 804.10 crore, up 5.7 per cent from Rs 760.30 crore in the previous quarter.

HCC Q3 net profit up 14%

Titan Industries Oct-Dec net seen up 62% 18 Jan, 2008, 2046 hrs ISTTitan Industries Ltd is expected to report a net profit rise of 62 percent on growing sales as it increased its retail stores, analysts said.

NIIT Q3 net profit flat at Rs 35 crore19 Jan, 2008, 0300 hrs IST
NIIT Technologies reported a net profit of Rs 34.7 crore for the quarter ended December 2007, flat on a year-on-year basis and 1% up sequentially.

Nicholas Piramal’s 31% higher Q3 net profit trails expectations 19 Jan, 2008, 0253 hrs IST
Consolidated net sales increased 12.7% to Rs 732.3 crore year-on-year. Domestic branded formulations sales grew 15.6% to Rs 337.2 crore while the company’s custom manufacturing business witnessed a 7.2% growth to Rs 341 crore.

Welspun India net falls on rupee gain, plant shutdown 18 Jan, 2008, 1936 hrs IST
Welspun India Ltd said profit in the quarter ended Dec. 31 fell 81 percent because of an appreciating rupee and plant shutdown due to maintenance during the period.

Earnings: ITC, HDFC, NIIT Tech 18 Jan, 2008, 1838 hrs IST

Orbit Corp Q3 net profit up 958% QoQ 18 Jan, 2008, 1830 hrs IST
Orbit Corporation’s net profit rose 958.14 per cent to Rs 19.62 crore for the quarter ended Dec 31, 2007 compared with Rs 1.85 crore in the July-September period.


Trent Q3 net profit declines 4.73% 18 Jan, 2008, 1828 hrs IST
Trent’s 2007 October-December net profit fell 4.73 per cent to Rs 10.21 crore compared with Rs 10.71 crore in the same period of previous year.

BASF Q3 net profit up 24.58%18 Jan, 2008, 1820 hrs IST
BASF India has posted a growth of 24.58 per cent in net profit for the October-December quarter of 2007 to Rs 11 crore compared with Rs 8.83 crore for the same quarter previous year.


Sona Koyo Steering Q3 net profit up 10.41% 18 Jan, 2008, 1610 hrs IST
Sona Koyo Steering Systems’ October-December net profit rose 10.41 per cent to Rs 7.32 crore from Rs 6.63 crore in the same quarter of last year.


Vimta Labs Q3 net profit grows 53% 18 Jan, 2008, 1553 hrs IST
Vimta Laboratories’ October-December net profit rose 52.78 per cent to Rs 2.45 crore as compared with Rs 1.60 crore for the same quarter of pervious year. Net sales increased 36.56 per cent to Rs 20.62 crore for the quarter ended Dec 31, 2007 from Rs 15.10 crore in the same period of 2006.

New Delhi Television Oct-Dec net loss Rs 29.2 crore 18 Jan, 2008, 1026 hrs IST
New Delhi Television Ltd said it reported a consolidated net loss of Rs 29.21 crore for the quarter ending December due to expenses on personnel, marketing and production of new channels.


Source: Economic Times. We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers. Viewers are strictly advised to take own decision in Stock buying and make verification about the information. Blog is not responsible for any faulty information.

Results: BHEL, MnM, HDFC, Sterlite, Maruti etc

BHEL net jumps 91.01% in Sep`07 qtr
BHEL Q2 net profit up 91% to Rs 688 cr


Bharat Heavy Electricals (BHEL) on a standalone basis registered a stupendous growth of 91.01% in net profit to Rs 6,876.60 million for the quarter ended September 2007, as against Rs 3600.10 million for the corresponding quarter last fiscal.
Net sales for the quarter rose 18.68% to Rs 39,653.60 million as against with Rs 33,411.50 million for the same quarter a year ago.
Total income for the quarter rose 27.20% to Rs 44,662.50 million as compared with Rs 35,110.40 million for the corresponding quarter last year.
The earnings per share (EPS) of the company stood at Rs 14.05 in the quarter ended September 2007.


HDFC net up 75.63% in Sep`07 qtr


Housing Development Finance Corporation (HDFC), India`s first and largest mortgage finance company on standalone basis registered a 75.63% growth in net profit to Rs 6,463.90 million for the quarter ended September 2007, as compared with Rs 3,680.20 million for the corresponding quarter last fiscal.
Net sales for the quarter rose 30.53% to Rs 18,886.00 million as against Rs 14,467.90 million for the same quarter a year ago.
Total income for the quarter rose 29.94% to Rs 18,925.00 million, from Rs 14,563.30 million for the corresponding quarter last year.
The earnings per share (EPS) of the company stood at Rs 22.83 in the quarter ended September 2007.


Sterlite Industries (consolidated) net up 1.1% in Q2

Sterlite Industries on a consolidated basis posted a 1.1% rise in net profit of Rs 10,827.40 million for the quarter ended September 2007, as compared to Rs 10,710.00 million, for the same quarter of the previous year. Total Income rose marginally by 0.90% to Rs 68,904.20 million for the quarter ended September 2007, where as the same was at Rs 68,292.50 million for the quarter ended September 2006.
The company also said that on account of sale of power transmission line division with effect from Jul. 1, 2006, figures for current period(s) are not strictly comparable to figures for the previous period.
On a standalone basis the company posted a 55.88% rise in net profit at Rs 2128.70 million for the quarter ended September 2007, where as the same was at Rs 1365.60 million, for the same quarter last year.

Highlights of the quarterUnder international competitive bidding (ICB), the company bagged orders worth Rs 29 billion for the supply and installation of the main plant package at the upcoming Jhajjar Super Thermal Power Project in Haryana, involving three units of 500 MW each. The orders have been placed on BHEL by Aravali Power (APCPL), a joint venture company of NTPC, IPGPL and HPGCL. Significantly, this is the highest value boiler and turbine generator (BTG) package contract for a single project ever received by BHEL.Shares of the company closed up Rs 180.35, or 7.42% to settle at Rs 2612.1. The total volume of shares traded at the BSE was 405,033. (Monday).

M&M net dips 26% for Sep`07 qtr
Mahindra & Mahindra (M&M), a leading maker of utility vehicles, posted a 26.01% decline in net profit at Rs 2,859.47 million for the quarter ended September 2007 as compared to Rs 3,864.77 million for the same quarter, last year.
However, on a quarter-on-quarter basis, the company recorded a 49.57% increase in net profit compared with Rs 1,911.70 million for the previous quarter ended June 2007.
Net sales for the quarter rose 12.52% to Rs 28,023.95 million as compared with Rs 24,905.01 million for the quarter ended September 2006.
Total Income increased 12.02% to Rs 28,715.49 million for the quarter ended September 2007 from Rs 25,634.18 million for the quarter ended September 2006.
The diluted EPS, after extraordinary items, stood at Rs 10.69 for the quarter ended September 2007.

Maruti Suzuki Q2 net up 27%
Maruti Suzuki India posted a 26.96% jump in net profit at Rs 4,665.00 million for the quarter ended September 2007 as compared to Rs 3,674.40 million for the same quarter, last year.Total Income increased 33.75% to Rs 47,358.30 million for the quarter ended September 2007, from Rs 35,408.90 million for the quarter ended September 2006.
Net Sales for the quarter rose to Rs 45,473.70 million as compared to Rs 34,191.90 million, a year ago.
The diluted earnings per share of the company stood at Rs 16.15 in the current quarter.


J&K Bank net up 28.30% in Sep`07 qtr

Jammu & Kashmir (J&K) Bank registered 28.30% rise in net profit to Rs 1,078 million in the quarter ended September 2007 from Rs 840.20 million in the quarter ended September 2006. Interest income for the quarter rose 29.13%, to Rs 5,966.90 million from Rs 4,620.70 million for the quarter ended September 2006.
Total income also rose 30.31%, to Rs 6,547.70 million in the current quarter from Rs 5,024.60 million for the quarter ended September 2006

Thomas Cook (consolidated) net up 76% for nine-months ended Sep`07

Kanoria Chemicals net doubles for Sep`07 qtr
Kanoria Chemicals & Industries, manufacturer of chemical intermediates, recorded a phenomenal 2.27 times jump in net profit led by lower input costs and operational efficiencies. The net profit for the quarter ended September 2007 stood at Rs 109.01 million as against Rs 48.05 million in the quarter ended September 2006.Net sales for the quarter dipped 5.60% to Rs 1,035.59 million from Rs 1,096.99 million for the quarter ended September 2006

Thermax Q2 net up 97%
Thermax announced a 97.26% jump in net profit at Rs 692.00 million for the quarter ended September 2007, compared with Rs 350.80 million for the same quarter, last year. Net Sales rose 59.68% to Rs 7,701.00 million in the quarter, from Rs 4,822.90 million in the same quarter, a year ago. Total Income stood at Rs 7,809.60 million for the quarter ended September 2007, where as the same was at Rs 4,910.50 million for the same quarter last year.


Divis Labs net zooms 2.91 times for Sep`07 qtr
Divis Laboratories registered a substantial rise of 2.91 times in net profit for the quarter ended September 2007. During the quarter, the company saw a rise in net profit to Rs 912.50 million from Rs 312.82 million in the same quarter of the previous year.

Total income grew 48.11% to Rs 2,440.50 million in the quarter as compared with Rs 1,647.73 million in the quarter ended Sep.30, 2006.

Unity Infraprojects net up 22% in Q2
Unity Infraprojects announced a 21.94% jump in net profit at Rs 108.36 million for the second quarter ended September 2007, compared with Rs 88.86 million for the corresponding quarter, last year. Net Sales rose 52.47% to Rs 1,529.40 million in the quarter, from Rs 1,003.11 million in the same quarter, a year ago.


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