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.



Source: http://www.myiris.com . 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.