Results: HUL, ABB, MRPL, HCC, Indian Hotels, Exide, Indiabulls, Grasim, Ambuja Cements,Tata power, Jindal Steel, RNRL, Nag.Fert etc

Mangalore Refinery And Petrochemicals net profit rises 129.39% in the June 2008 quarter
Net profit of Mangalore Refinery And Petrochemicals rose 129.39% to Rs 845.40 crore in the quarter ended June 2008 as against Rs 368.55 crore during the previous quarter ended June 2007. Sales rose 44.10% to Rs 10662.46 crore in the quarter ended June 2008 as against Rs 7399.55 crore during the previous quarter ended June 2007.

Lakshmi Vilas Bank net profit declines 71.64% in the June 2008 quarter

J B Chemicals & Pharamaceuticals net profit rises 344.30% in the June 2008 quarter
Net profit of J B Chemicals & Pharamaceuticals rose 344.30% to Rs 13.64 crore in the quarter ended June 2008 as against Rs 3.07 crore during the previous quarter ended June 2007. Sales rose 30.88% to Rs 137.91 crore in the quarter ended June 2008 as against Rs 105.37 crore during the previous quarter ended June 2007.


Jindal Steel & Power net profit rises 60.85% in the June 2008 quarter
Net profit of Jindal Steel & Power rose 60.85% to Rs 402.30 crore in the quarter ended June 2008 as against Rs 250.11 crore during the previous quarter ended June 2007. Sales rose 54.96% to Rs 1895.31 crore in the quarter ended June 2008 as against Rs 1223.13 crore during the previous quarter ended June 2007

Sonata Software net profit rises 71.45% in the June 2008 quarter
Net profit of Sonata Software rose 71.45% to Rs 13.27 crore in the quarter ended June 2008 as against Rs 7.74 crore during the previous quarter ended June 2007. Sales rose 19.81% to Rs 55.35 crore in the quarter ended June 2008 as against Rs 46.20 crore during the previous quarter ended June 2007.

Gujarat State Petronet net profit rises 82.65% in the June 2008 quarter
Net profit of Gujarat State Petronet rose 82.65% to Rs 32.64 crore in the quarter ended June 2008 as against Rs 17.87 crore during the previous quarter ended June 2007. Sales rose 24.73% to Rs 119.49 crore in the quarter ended June 2008 as against Rs 95.80 crore during the previous quarter ended June 2007.

Indian Hotels Company net profit rises 11.89% in the June 2008 quarter
Net profit of Indian Hotels Company rose 11.89% to Rs 61.27 crore in the quarter ended June 2008 as against Rs 54.76 crore during the previous quarter ended June 2007. Sales rose 8.78% to Rs 376.91 crore in the quarter ended June 2008 as against Rs 346.50 crore during the previous quarter ended June 2007.

Andhra Bank net profit declines 44.99% in the June 2008 quarter
Net profit of Andhra Bank declined 44.99% to Rs 77.62 crore in the quarter ended June 2008 as against Rs 141.09 crore during the previous quarter ended June 2007. Total operating income rose 16.97% to Rs 1157.36 crore in the quarter ended June 2008 as against Rs 989.45 crore during the previous quarter ended June 2007

Hindustan Motors reports net loss of Rs 8.36 crore in the June 2008 quarter
Vipul net profit rises 11.13% in the June 2008 quarter
GRUH Finance net profit rises 54.37% in the June 2008 quarter
Hind Rectifiers net profit declines 10.80% in the June 2008 quarter



Emami net profit rises 12.94% in the June 2008 quarter
Net profit of Emami rose 12.94% to Rs 11.17 crore in the quarter ended June 2008 as against Rs 9.89 crore during the previous quarter ended June 2007. Sales rose 16.90% to Rs 122.79 crore in the quarter ended June 2008 as against Rs 105.04 crore during the previous quarter ended June 2007

Redington India net profit rises 26.75% in the June 2008 quarter
Net profit of Redington India rose 26.75% to Rs 15.07 crore in the quarter ended June 2008 as against Rs 11.89 crore during the previous quarter ended June 2007. Sales rose 15.03% to Rs 1490.87 crore in the quarter ended June 2008 as against Rs 1296.02 crore during the previous quarter ended June 2007.

Suven Life Sciences net profit declines 49.21% in the June 2008 quarter

SRF net profit declines 18.44% in the June 2008 quarter
Net profit of SRF declined 18.44% to Rs 45.69 crore in the quarter ended June 2008 as against Rs 56.02 crore during the previous quarter ended June 2007. Sales rose 16.31% to Rs 470.65 crore in the quarter ended June 2008 as against Rs 404.65 crore during the previous quarter ended June 2007.

M M Forgings net profit rises 25.95% in the June 2008 quarter

3i Infotech net profit rises 76.14% in the June 2008 quarter
Net profit of 3i Infotech rose 76.14% to Rs 37.73 crore in the quarter ended June 2008 as against Rs 21.42 crore during the previous quarter ended June 2007. Sales rose 15.20% to Rs 136.87 crore in the quarter ended June 2008 as against Rs 118.81 crore during the previous quarter ended June 2007.

Noida Toll Bridge Company net profit rises 11.76% in the June 2008 quarter
Net profit of Noida Toll Bridge Company rose 11.76% to Rs 7.32 crore in the quarter ended June 2008 as against Rs 6.55 crore during the previous quarter ended June 2007. Sales rose 34.98% to Rs 19.41 crore in the quarter ended June 2008 as against Rs 14.38 crore during the previous quarter ended June 2007.

India net profit declines 3.29% in the June 2008 quarter
Gujarat State Fertilizers & Chemicals net profit rises 30.93% in the June 2008 quarter
Amara Raja Batteries net profit declines 16.69% in the June 2008 quarter

Ambuja Cements net profit declines 32.51% in the June 2008 quarter
Net profit of Ambuja Cements declined 32.51% to Rs 577.02 crore in the quarter ended June 2008 as against Rs 855.01 crore during the previous quarter ended June 2007. Sales rose 8.20% to Rs 1569.77 crore in the quarter ended June 2008 as against Rs 1450.74 crore during the previous quarter ended June 2007.


Alphageo (India) net profit rises 397.55% in the June 2008 quarter
Net profit of Alphageo (India) rose 397.55% to Rs 12.19 crore in the quarter ended June 2008 as against Rs 2.45 crore during the previous quarter ended June 2007. Sales rose 118.10% to Rs 45.06 crore in the quarter ended June 2008 as against Rs 20.66 crore during the previous quarter ended June 2007.

CEAT reports net loss of Rs 10.67 crore in the June 2008 quarter

Karnataka Bank net profit declines 60.03% in the June 2008 quarter
Net profit of Karnataka Bank declined 60.03% to Rs 20.70 crore in the quarter ended June 2008 as against Rs 51.79 crore during the previous quarter ended June 2007. Total operating income rose 26.53% to Rs 457.90 crore in the quarter ended June 2008 as against Rs 361.89 crore during the previous quarter ended June 2007.


Reliance Natural Resources net profit rises 6.78% in the June 2008 quarter
Net profit of Reliance Natural Resources rose 6.78% to Rs 16.07 crore in the quarter ended June 2008 as against Rs 15.05 crore during the previous quarter ended June 2007. Sales rose 102.82% to Rs 53.97 crore in the quarter ended June 2008 as against Rs 26.61 crore during the previous quarter ended June 2007.


Nagarjuna Fertilizers & Chemicals net profit declines 1.54% in the June 2008 quarter
Net profit of Nagarjuna Fertilizers & Chemicals declined 1.54% to Rs 7.04 crore in the quarter ended June 2008 as against Rs 7.15 crore during the previous quarter ended June 2007. Sales rose 44.37% to Rs 433.55 crore in the quarter ended June 2008 as against Rs 300.30 crore during the previous quarter ended June 2007.

Dredging Corporation of India net profit declines 54.66% in the June 2008 quarter
Net profit of Dredging Corporation of India declined 54.66% to Rs 24.45 crore in the quarter ended June 2008 as against Rs 53.92 crore during the previous quarter ended June 2007. Sales rose 0.93% to Rs 196.00 crore in the quarter ended June 2008 as against Rs 194.20 crore during the previous quarter ended June 2007.


Nava Bharat Ventures net profit rises 118.92% in the June 2008 quarter
Net profit of Nava Bharat Ventures rose 118.92% to Rs 126.91 crore in the quarter ended June 2008 as against Rs 57.97 crore during the previous quarter ended June 2007. Sales rose 64.77% to Rs 290.48 crore in the quarter ended June 2008 as against Rs 176.29 crore during the previous quarter ended June 2007.

Engineers India net profit rises 32.99% in the June 2008 quarter
Net profit of Engineers India rose 32.99% to Rs 50.63 crore in the quarter ended June 2008 as against Rs 38.07 crore during the previous quarter ended June 2007. Sales rose 67.75% to Rs 252.44 crore in the quarter ended June 2008 as against Rs 150.49 crore during the previous quarter ended June 2007.

Hindustan Unilever net profit rises 13.20% in the June 2008 quarter
Net profit of Hindustan Unilever rose 13.20% to Rs 558.18 crore in the quarter ended June 2008 as against Rs 493.08 crore during the previous quarter ended June 2007. Sales rose 21.09% to Rs 4215.67 crore in the quarter ended June 2008 as against Rs 3481.40 crore during the previous quarter ended June 2007.

Varun Industries reports net profit of Rs 6.21 crore in the June 2008 quarter

IndusInd Bank net profit rises 44.48% in the June 2008 quarter
Net profit of IndusInd Bank rose 44.48% to Rs 19.10 crore in the quarter ended June 2008 as against Rs 13.22 crore during the previous quarter ended June 2007. Total operating income rose 22.31% to Rs 528.18 crore in the quarter ended June 2008 as against Rs 431.84 crore during the previous quarter ended June 2007.

Karur Vysya Bank net profit declines 36.31% in the June 2008 quarter
Net profit of Karur Vysya Bank declined 36.31% to Rs 30.54 crore in the quarter ended June 2008 as against Rs 47.95 crore during the previous quarter ended June 2007. Total operating income rose 27.91% to Rs 327.67 crore in the quarter ended June 2008 as against Rs 256.18 crore during the previous quarter ended June 2007.


Tata Power Company net profit rises 0.18% in the June 2008 quarter
Net profit of Tata Power Company rose 0.18% to Rs 190.55 crore in the quarter ended June 2008 as against Rs 190.20 crore during the previous quarter ended June 2007. Sales rose 34.05% to Rs 2026.13 crore in the quarter ended June 2008 as against Rs 1511.48 crore during the previous quarter ended June 2007


Whirlpool of India net profit rises 198.73% in the June 2008 quarter
Ipca Laboratories net profit declines 31.94% in the June 2008 quarter
Mukta Arts reports net loss of Rs 0.71 crore in the June 2008 quarter

Reliance Power reports net profit of Rs 59.71 crore in the June 2008 quarter
Reliance Power reported net profit of Rs 59.71 crore in the quarter ended June 2008. There were no sales reported in the quarter ended June 2008.

ABB net profit rises 21.42% in the June 2008 quarter
Net profit of ABB rose 21.42% to Rs 131.81 crore in the quarter ended June 2008 as against Rs 108.56 crore during the previous quarter ended June 2007. Sales rose 15.38% to Rs 1616.30 crore in the quarter ended June 2008 as against Rs 1400.88 crore during the previous quarter ended June 2007.

Godrej Consumer Products net profit declines 4.22% in the June 2008 quarter
Pratibha Industries net profit rises 93.82% in the June 2008 quarter
Net profit of Pratibha Industries rose 93.82% to Rs 11.61 crore in the quarter ended June 2008 as against Rs 5.99 crore during the previous quarter ended June 2007. Sales rose 169.67% to Rs 177.82 crore in the quarter ended June 2008 as against Rs 65.94 crore during the previous quarter ended June 2007.

Educomp Solutions net profit rises 180.90% in the June 2008 quarter
Net profit of Educomp Solutions rose 180.90% to Rs 16.77 crore in the quarter ended June 2008 as against Rs 5.97 crore during the previous quarter ended June 2007. Sales rose 152.40% to Rs 69.41 crore in the quarter ended June 2008 as against Rs 27.50 crore during the previous quarter ended June 2007


Union Bank of India net profit rises 1.42% in the June 2008 quarter
Net profit of Union Bank of India rose 1.42% to Rs 228.29 crore in the quarter ended June 2008 as against Rs 225.10 crore during the previous quarter ended June 2007. Total operating income rose 19.99% to Rs 2533.21 crore in the quarter ended June 2008 as against Rs 2111.15 crore during the previous quarter ended June 2007

Oriental Bank of Commerce net profit rises 58.44% in the June 2008 quarter
Net profit of Oriental Bank of Commerce rose 58.44% to Rs 220.52 crore in the quarter ended June 2008 as against Rs 139.18 crore during the previous quarter ended June 2007. Total operating income rose 27.35% to Rs 1953.72 crore in the quarter ended June 2008 as against Rs 1534.14 crore during the previous quarter ended June 2007.


eClerx Services net profit rises 56.05% in the June 2008 quarter
Net profit of eClerx Services rose 56.05% to Rs 15.87 crore in the quarter ended June 2008 as against Rs 10.17 crore during the previous quarter ended June 2007. Sales rose 62.37% to Rs 42.15 crore in the quarter ended June 2008 as against Rs 25.96 crore during the previous quarter ended June 2007.

Grasim Industries net profit rises 0.49% in the June 2008 quarter
Net profit of Grasim Industries rose 0.49% to Rs 514.19 crore in the quarter ended June 2008 as against Rs 511.66 crore during the previous quarter ended June 2007. Sales rose 6.44% to Rs 2592.33 crore in the quarter ended June 2008 as against Rs 2435.47 crore during the previous quarter ended June 2007.

Alstom Projects India net profit rises 4.57% in the June 2008 quarter
Net profit of Alstom Projects India rose 4.57% to Rs 18.30 crore in the quarter ended June 2008 as against Rs 17.50 crore during the previous quarter ended June 2007. Sales rose 51.06% to Rs 364.50 crore in the quarter ended June 2008 as against Rs 241.30 crore during the previous quarter ended June 2007.


Hindustan Construction Company net profit declines 11.84% in the June 2008 quarter
Net profit of Hindustan Construction Company declined 11.84% to Rs 30.84 crore in the quarter ended June 2008 as against Rs 34.98 crore during the previous quarter ended June 2007. Sales rose 18.77% to Rs 865.89 crore in the quarter ended June 2008 as against Rs 729.04 crore during the previous quarter ended June 2007



Gateway Distriparks net profit rises 17.06% in the June 2008 quarter
Net profit of Gateway Distriparks rose 17.06% to Rs 20.58 crore in the quarter ended June 2008 as against Rs 17.58 crore during the previous quarter ended June 2007. Sales rose 50.56% to Rs 47.08 crore in the quarter ended June 2008 as against Rs 31.27 crore during the previous quarter ended June 2007.

Indiabulls Securities net profit declines 15.68% in the June 2008 quarter
Net profit of Indiabulls Securities declined 15.68% to Rs 37.49 crore in the quarter ended June 2008 as against Rs 44.46 crore during the previous quarter ended June 2007. Sales rose 14.97% to Rs 121.31 crore in the quarter ended June 2008 as against Rs 105.51 crore during the previous quarter ended June 2007.

I-Flex Solutions net profit rises 58.38% in the June 2008 quarter
Net profit of I-Flex Solutions rose 58.38% to Rs 92.18 crore in the quarter ended June 2008 as against Rs 58.20 crore during the previous quarter ended June 2007. Sales rose 20.32% to Rs 462.80 crore in the quarter ended June 2008 as against Rs 384.64 crore during the previous quarter ended June 2007.


Emkay Global Financial Services net profit declines 83.61% in the June 2008 quarter
TTK Prestige net profit rises 19.16% in the June 2008 quarter
Wire & Wireless India reports net loss of Rs 19.74 crore in the June 2008 quarter

Indiabulls Financial Services net profit rises 102.84% in the June 2008 quarter
Net profit of Indiabulls Financial Services rose 102.84% to Rs 105.11 crore in the quarter ended June 2008 as against Rs 51.82 crore during the previous quarter ended June 2007. Sales rose 308.85% to Rs 464.66 crore in the quarter ended June 2008 as against Rs 113.65 crore during the previous quarter ended June 2007.

Exide Industries net profit rises 17.24% in the June 2008 quarter
Net profit of Exide Industries rose 17.24% to Rs 82.20 crore in the quarter ended June 2008 as against Rs 70.11 crore during the previous quarter ended June 2007. Sales rose 36.54% to Rs 906.53 crore in the quarter ended June 2008 as against Rs 663.92 crore during the previous quarter ended June 2007.


Source: CM

Results: REL, RNRL, Biocon, Indiabulls, IDBI, Ranbaxy etc

Reliance Energy Q3 net profit up 50%
Rel Energy Q3 net profit up at Rs 301.6 cr
17th-Jan-2008

Reliance Energy announced its Q3 net profit. The company in Q3 reported standalone net profit of Rs 301.60 crore versus Rs 201.03 crore on YoY basis.

----------------------------------------------------------
Biocon Oct-Dec net profit up 500% YoY
Biocon Q3 cons net profit at Rs 291.83 cr view table
17th-Jan-2008

Biocon has announced its third quarter numbers. It has posted consolidated net profit of Rs 291.83 crore for the quarter ended December 2007 as against Rs 55.31 crore in same quarter of previous year. Other income is included in net profit.
-------------------------------------------------------------
Indiabulls Financial Q3 consolidated net jump 80% (Update)
Indiabulls Fin Q3 net profit up at Rs 246.4 cr view table
17th-Jan-2008

Indiabulls Financial services announced its Q3 FY08 result. Before demerger, its Q3 FY08 consolidated net profit was up at Rs 246.4 crore versus Rs 111.8 crore on YoY basis. During the same quarters, its consolidated net sales were up at Rs 661.3 crore.

Indiabulls Financial Services announced today (Thursday) the consolidated profit after tax jumped 80.31% to Rs 1,639 million in Q3 of FY 08 from Rs 909 million in Q3 of FY 07 and consolidated total revenues went up 98.1% to Rs 4,535 million in Q3 of FY08 from Rs 2,289 million in Q3 of FY 07, considering the demerger of Indiabulls (Q, N,C,F)* Securities.On sequential basis, the consolidated profits after tax up 47% to Rs 1,639 million in Q3 FY 08 from Rs 1,115 million in Q2 FY 08 and consolidated total revenues climbed 29.39% to Rs 4,535 million in Q3 FY 08 from Rs 3,505 million in Q2 FY 08.

-----------------------------------------------------------
IDBI Q3 net profit jumps 39%
IDBI Q3 standalone net profit up at Rs 175.84 cr view table
17th-Jan-2008

IDBI has declared its third quarter numbers. It has posted standalone net profit of Rs 175.84 crore for the quarter ended December 2007 as against Rs 126.79 crore in same period of previous year.
------------------------------------------------------------
RNRL Q3 net profit up over 127 per cent
RNRL Q3 net profit up at Rs 23.79 cr view table
17th-Jan-2008

RNRL has declared its third quarter results. Its Q3 standalone net profit stood at Rs 23.79 crore versus Rs 10.45 crore, YoY.
------------------------------------------------------------
Ranbaxy Q4 net slips 65.20% on lower margins
India`s largest pharmaceutical company, Ranbaxy Laboratories announced today the substantial rise of 53% in net profit to Rs 7,901 million in FY07, compared with previous year. Excluding foreign exchange gains / losses on translation and extraordinary items, net profit for the year was at Rs 6,069 million, reflecting a rise of 15%, the company said. Earnings per share on a fully diluted basis were at Rs 15.30 in FY07, reflecting a rise of 16.17% over FY06. For the year, the company recorded sales of Rs 66,353 million, registering a growth of 9% over FY06.Speaking on the occasion, Malvinder Mohan Singh, CEO and MD, RanbaxyLaboratories, (Q, N,C,F)* said, ``The results for the year 2007 are per our expectations. This is on the back of strong growth in our emerging markets, a significant growth of business in Europe and a strong performance in our US branded business. We have also taken appropriate steps to structure the business for the future by forming alliances in several niche therapeutic areas, enhanced product visibility and brought in certainty of profit flow for the future. I believe the coming years will see Ranbaxy emerge stronger and better positioned to achieve its goal of becoming a top five global generics company.``Q4 FY07Ranbaxy recorded a marginal rise of 1.02% in consolidated earnings in the quarter ended December 2007, to Rs 1,878 million compared with Rs 1,859 million in the prior year period. The consolidated total income for the quarter climbed 7.40% to Rs 19,110 million. On standalone basis, Ranbaxy posted a substantial fall of 65.20% in earnings in the quarter ended Dec. 31, 2007, to Rs 484 million compared with Rs 1,390.70 million in the prior year period. The earnings per share (EPS) for the quarter climbed 77.21% to Re 0.85 compared with Rs 3.73 in prior year period.

Ranbaxy Q4 net profit up at Rs 301.60 cr
17th-Jan-2008
Ranbaxy has declared its fourth quarter results. Its standalone net sales at Rs 993.32 crore versus Rs 1,005.85 crore, YoY.




Source: Myiris.com, Economic Times, Indiaearnings.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.