Results: PGC, Hindalco, Cont.Corp, Mphasis, Gayathri Proj, Crompton, ICSA, SobhaDev etc

Power Grid net rises 3.51% in Dec `07 qtr
Power Grid Corporation, on quarter on quarter basis, disclosed a steady jump in net profit for the quarter ended in December 2007. During the quarter, the company experienced a 3.51% rise in profit to Rs 3,842.80 million from Rs 3,372.70 million in the quarter-ended September 2007.
Net sales for the quarter rose 4.97% to Rs 10,857.70 million compared with Rs 10,343.60 million in the previous quarter of the present year.


Hindalco Ind net down 15% in Dec`07 qtr

Hindalco Industries registered a 15.71% fall in net profit to Rs 5,427.00 million for the quarter ended December 2007 as compared with Rs 6,439.00 million for the corresponding quarter last fiscal.Net sales for the quarter fell 2.67% to Rs 45,317.00 million as against Rs 46,562.00 million for the same quarter a year ago.Total income for the quarter fell 1.45% to Rs 46,460 million as compared with Rs 47,146.00 million for the corresponding quarter last year.

Container Corporation of India net up 16% in Dec`07 qtr
Container Corporation Of India registered a growth of 16.46% in net profit to Rs 1,929.20 million for the quarter ended December 2007 as compared with Rs 1,656.40 million for the corresponding quarter last fiscal.Net sales for the quarter rose 12.85% to Rs 8,432.30 million as against Rs 7,472 million for the same quarter a year ago.

Mphasis net rises 4.82 times in Dec `07 qtr
Mphasis registered phenomenal jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 4.82 times rise in profits to Rs 658.60 million from Rs 136.52 million in the quarter ended December 2006.Net sales for the quarter rose 3.44 times to Rs 4,499.60 million compared with Rs 1,306.47 million in the corresponding quarter, a year ago.

Gayatri Projects net up 51.90% in Dec`07 qtr

Gayatri Projects disclosed a jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 51.90% rise in net profit to Rs 129.61 million as compared with Rs 85.36 million in the corresponding quarter, last fiscal.
Net sales for the quarter rose 33.64% to Rs 2,045.89 million compared with Rs 1,530.83 million for the same quarter, a year ago.

EIH net rises 16.75% in Dec`07 qtr
EIH registered steady jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 16.75% rise in profit to Rs 724 million from Rs 620.10 million in the quarter ended December 2006.
Net sales for the quarter rose 17.57% to Rs 3,086.10 million compared with Rs 2,624.90 million in the corresponding quarter, a year ago.

Dredging Corporation net drops 34.95% for Dec`07 qtr
Dredging Corporation of India registered a 34.95% fall in net profit to Rs 148.90 million for the quarter ended Dec. 31, 2007, from Rs 228.90 million in the corresponding quarter, last fiscal.
Net sales stood at Rs 1,482.50 million in the quarter ended Dec. 31, 2007, as against Rs 1,320.50 million in the same period last year, recording a growth of 12.27%.

Maytas Infra reports Rs 323.6 mn profit in Dec`07 qtr
Hyderabad-based Maytas Infra, a company engaged in infrastructure development, construction and project management, disclosed its first quarter results today after listing on the bourses. The company reported net profit of Rs 323.60 million, on net sales of Rs 4,643.50 million for the quarter ended December 2007. Total Income for the quarter stood at Rs 4,760.30 million.


Crompton Greaves net rises 49.49% in Dec`07 qtr
Crompton Greaves, registered a rise of 49.49% in net profit to Rs 679.00 million for the quarter ended December 2007 from Rs 454.20 million in the quarter ended December 2006.
Net sales for the latest quarter rose 22.98% to Rs 9,999.20 million compared with Rs 8130.40 million in the corresponding quarter, a year ago.

ICSA net up 99.83% in Dec`07 qtr
I C S A (India) registered a 99.83% growth in net profit to Rs 362.44 million for the quarter ended December 2007 as compared with Rs 181.37 million for the corresponding quarter, last year.Net sales for the quarter rose 99.43% to Rs 1,891.34 million as against Rs 948.37 million for the same quarter, a year ago.Total income for the quarter rose 2.02 times to Rs 1,922.15 million as compared with Rs 948.58 million for the corresponding quarter, last fiscal.


Sobha Developers net rises 33.70% in Dec`07 qtr
Sobha Developers registered a steady jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 33.70% rise in profit to Rs 611 million from Rs 457 million in the quarter ended December 2006

Simplex Projects net up 16% in Dec`07 qtr (Q-o-Q)
Simplex Projects posted a 16.34% growth in net profit at Rs 52.41 million for the quarter ended December 2007 as compared with Rs 45.05 million for the previous quarter ended September 2007.

Bharti Airtel consolidated net up 41.74% for Dec`07 qtr
Bharti Airtel, India`s top mobile operator, reported 41.74% increase in consolidated net profit, as per United States Generally Accepted Accounting Principles (US GAAP) rose to Rs 17,224.00 million for the quarter ended Dec. 31, 2007 as against Rs 12,151.30 million in the corresponding quarter, last year. Total income for the period in comparison rose 41.74% to Rs Rs 69,639.00 million, compared with Rs 49,129.20 million, last year.
On standalone basis, the company registered 36.04% growth in net profit to Rs 14,198.40 million for the quarter ended December 2007 as compared with Rs 10,436.90 million for the corresponding quarter, last fiscal.



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Results: RCom, HindalCo, Tata Motors, HUL etc

Reliance Comm (cons.) net up 86% in Q2 (Update)

Reliance Communications on a consolidated basis posted a 85.75% jump in net profit at Rs 13045.70 million for the quarter ended September 2007, as compared to Rs 7,023.40 million for the same quarter last year.Total Income increased 29.85% to Rs 45,785.30 million for the quarter ended September 2007, as against Rs 35259.80 million for the corresponding quarter of the previous year.

Reliance Communications, on a standalone basis posted 73.53% rise in profit of Rs 8,012.40 million for the quarter ended September 2007, as compared to Rs 4617.20 million for the quarter ended September 2006.

Net Sales rose to Rs 33,283.90 million for the quarter as compared to Rs 28,231.90 million a year ago.Total Income increased 17.28% to Rs 33,292.10 million for the quarter ended September 2007 from Rs 28387.20 million for the quarter ended September 2006.The diluted EPS stood at Rs 3.71 for the quarter.

STC net dips 41.57% in Sep`07 qtr

State Trading Corporation of India reported 41.57% decline in net profit to Rs 106.10 million for the quarter ended September 2007, as against Rs 181.60 million for the quarter ended September 2006.Net sales declined 1.74% to Rs 35,333.90 million in the quarter ended September 2007, from Rs 35,961.80 million for the quarter ended September 2006.

Aditya Birla Nuvo net up 2.08% in Sep`07 qtr

Bombay Dyeing Q2 earnings jumps 39.28%
substantial growth of 39.28% in net profit for the quarter ended September 2007, paced by strong sales growth together with 186 basis points increase in operating margins. During the quarter, the company saw a rise in net profit to Rs 142.9 million from Rs 102.6 million in the same quarter of the previous year. Earnings per share for the quarter jumped 39.10% Rs 3.7 compared with the same quarter previous year,

Tata Motors net up 19.27% for Sep`07 qtr

Tata Motors, top passenger car maker, reported better-then-expected 19.27% growth in net profit at Rs 5,268.40 million for the September 2007 quarter as compared with Rs 4,417.20 million in the corresponding quarter last year.
Net sales for the quarter stood almost flat at Rs 66,726.50 million, as compared with Rs 65,717.90 for the quarter ended September 2006

Canara Bank Q2 earnings climb 11%
profit for the quarter ended September 2007. During the quarter, the company saw a rise in net profit to Rs 4,015.7 million from Rs 3,617.7 million in the same quarter of the previous year. Earnings per share for the quarter fell marginally by 0.34% Rs 8.79 compared with the same quarter previous year.


Sterling Biotech net up 36.76% in Sep`07 qtr

Sterling Biotech registered a robust growth of 36.76% in net profit to Rs 498.32 million for the quarter ended September 2007 as compared with Rs 364.36 million for the corresponding quarter last year.Net sales for the quarter rose 54.35% to Rs 2,484.56 million as against Rs 1,609.69 million for the same quarter a year ago.

Essar Steel Q2 net falls marginally by 1.51%
Essar Steel registered a marginal fall of 1.51% in net profit for the quarter ended September 2007, due to 171 basis points fall in operating margin.During the quarter, the company saw a fall in net profit to Rs 1,520.10 million from Rs 1,543.40 million in the same quarter of the previous year. Earnings per share for the quarter fell 28.26% Rs 1.32 compared with the same quarter previous year.

Prithvi Information Q2 earnings climb 21.67% 31
Prithvi Information Solutions registered a growth of 21.67% in net profit for the quarter ended September 2007, helped by robust sales growth. During the quarter, the company saw a rise in net profit to Rs 269.54 million from Rs 221.54 million in the same quarter of the previous year. The company posted diluted earnings per share of Rs 12.03 in the quarter ended September 2007.

Mirc Electronics`net up 6.84% Sep`07 qtr

Nagarjuna Cons. net down 14.45% in Q2
Nagarjuna Construction posted a 14.45% drop in net profit at Rs 336.50 million for the quarter ended September 2007 as compared to Rs 393.35 million for the quarter ended September 2006. Total Income increased 3.81% to Rs 6,775.30 million for the quarter ended September 2007, from Rs 6,526.39 million for the quarter ended September 2006.

IVRCL net up 2.26 times in Sep`07 qtr
substantial 2.26 times growth in net profit to Rs 352.51 million for the quarter ended September 2007 as compared with Rs 155.67 million for the corresponding quarter last year.
Net sales for the quarter rose 87.89% to Rs 6,884.54 million, as against Rs 3,664.13 million for the same quarter a year ago.

Power Grid reports Q2 earnings of Rs 3,712.20 mn
Newly listed India`s biggest power transmission company, Power Grid Corporation of India based in New Delhi reported a net profit of Rs 3,712.20 million in the quarter ended September 07. The total income of the company was Rs 11,081 million for the quarter ended Sep. 30, 2007.Power Grid operates most of India`s interstate and inter-regional electric power transmission system (ISTS). It operates 61,875 circuit kilometres of electrical transmission lines and 106 electrical substations as on Jun. 30, 2007. In fiscal 2007, it transmitted nearly 298 billion units of electricity, representing nearly 45% of all the power generated in India. It has completed 101 transmission projects aggregating nearly Rs 251.81 billion. Presently, it has 45 transmission projects under various stages of implementation as on Jun. 30, 2007.

Hyderabad Ind net up 68.5% in Q2
Hyderabad Industries posted a 68.57% rise in net profit at Rs 11.80 million for the quarter ended September 2007 as compared to Rs 7.00 million for the quarter ended September 2006. Total Income increased 6.89% to Rs 949.80 million for the quarter ended September 2007, from Rs 1,015.30 million for the quarter ended September 2006.

HUL Q3 earnings fall 21.6% (Update)

BPCL net down 17.50% in Sep`07 qtr

Neyveli Lignite net up 41% in Q2 (Update)
Neyveli Lignite posted a 40.98% rise in net profit at Rs 2,310.40 million for the quarter ended September 2007 as compared to Rs 1,638.80 million for the quarter ended September 2006.
Total Income has increased 20.19% to Rs 8820.80 million for the quarter ended September 2007, from Rs 7339.00 million for the quarter ended September 2006.
Net Sales rose to Rs 7,277.70 million for the quarter as compared to Rs 6,079.20 million a year ago.

Usha Martin Q2 net zooms 51.18%
Usha Martin, a leading producer of speciality steel and one of the largest wire rope manufacturers globally, registered a robust growth of 51.18% in net profit for the quarter ended September 2007.During the quarter, the company saw a rise in net profit to Rs 358.60 million from Rs 237.20 million in the same quarter of the previous year. Earnings per share for the quarter dropped 73.32% Rs 1.43 compared with the same quarter previous year.

HTMT Global net rises 25% in Sep`07

MTNL net falls 13.77% in Sep`07 qtr

VSNL Q2 net drops 42.59%

Birla Corp. net up 52.69% in Sep`07 qtr
Birla Corporation registered a robust 52.69% growth in net profit to Rs 1,031.30 million for the quarter ended September 2007 as compared with Rs 675.40 million for the corresponding quarter last year.

Aurobindo Pharma net climbs 84% for Sep`07 qtr
Hyderabad-based Aurobindo Pharma, (Q, N,C,F)* leading API manufacturer, posted a robust 84.70% growth in net profit to Rs 1,009.20 million for the September 2007 quarter as compared with Rs 546.40 million in the corresponding quarter last year.
Net sales for the quarter grew 27.41% to Rs 6,116.00 million, as compared with Rs 4,800 for the quarter ended September 2006.

Hindalco Q2 net rises 7.56%
Leading manufacturer of aluminium and copper, Hindalco Industries registered a marginal growth of 7.56% in net profit for the quarter ended September 2007. During the quarter, the company saw a rise in net profit to Rs 6,428 million from Rs 5,976 million in the same quarter of the previous year. Earnings per share for the quarter fell 4.62% Rs 5.78 compared with the same quarter previous year

Videocon Industries net up 19.03% in Sep`07 qtr
Videocon Industries registered a 19.03% growth in net profit to Rs 2,482.30 million for the quarter ended September 2007, as against Rs 2,085.40 million for the same quarter, a year ago.
Net sales rose 10.56% to Rs 22,753.80 million in the quarter, from Rs 20,581.10 million for the same quarter, last year.



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