Results: SBI, LIC hsg, Hero Honda etc

SBI Q3 cons net profit down 8.4% at Rs 3,304.59 cr

India's largest bank, State Bank of India (SBI) has announced its third quarter results of FY10. The bank has reported 8.4% decline in its consolidated net profit of Rs 3,304.59 crore as against Rs 3,607.61 crore in the same quarter of previous year.

Consolidated net interest income increased 9.08% to Rs 8,781.7 crore from Rs 8,050.8 on year-on-year basis (YoY).

Its standalone net profit was flat at Rs 2,479.05 crore as against Rs 2,478.42 crore and net interest income went up 9.69% to Rs 6,316.3 crore from Rs 5,758.25 crore. CNBC-TV18 poll saw the net interest income at Rs 6,075.33 crore and net profit at Rs 2,556.15 crore.

Other income of the SBI increased to Rs 3,365.71 crore from Rs 3225.6 crore and provisions went up to Rs 856.61 crore versus Rs 196.83 crore.

Net non performing assets (NPAs) were up 64.2% to Rs 11,270 crore and provision cover was at 40.24% versus 42.86% in Q2.

SBI said, in a press conference, treasury income was down by Rs 234 crore since last year. Loan growth came in at 19% (YoY) and net interest margin was at 2.83%.

Net NPAs stood at 1.88% and provision coverage ratio at 56%. The bank has provided Rs 440 crore as additional provision. Deposit growth was at 11% (YoY).

Hero Honda Q3 net profit up 78.4% at Rs 535.8 cr

India's largest two-wheeler maker, Hero Honda has announced its third quarter results of FY10. It has reported net profit of Rs 535.8 crore, an increase of 78.4% over Rs 300.4 crore in the same quarter of previous year.

Net sales jumped 32.72% to Rs 3,814.4 crore from Rs 2,874 crore (YoY). EBITDA (earning before interest, tax, depreciation and amortisation) margin stood at 17.27%.

The numbers were better-than-expectations, as CNBC-TV18 poll saw the net profit at Rs 509 crore and net sales at Rs 3,783 crore.

In a press conference, Hero Honda said its bike market share in India was over 59%. On the outlook, it said the market demand would remain bullish but rising input costs remained a concern, as commodity prices are on 'Upward Trajectory'.

The company will look at hiking capacity at existing units and may look at setting up new plant in near future.

The share closed at Rs 1,618.00, down Rs 24.25, or 1.48%. Its market cap stood at Rs 32,309.44 crore at current market price.

• Voltas Q3 net up 86% to Rs 76 cr
• M&M Q3 net at Rs 413 cr on healthy sales
• Ian Lancaster new CEO of Reliance MF's Malaysian arm
• Bajaj Auto gets European patent for ExhausTEC
• LIC Housing Fin Q3 net up 14% to Rs 154 cr

HCL Tech Dec qtr net dips 36% to Rs 255 cr

Other Results:

Gujarat Alkalies & Chemicals net profit declines 40.49% in the December 2009 quarter
Sales decline 3.05% to Rs 309.38 crore

First Leasing Company of India net profit rises 9.48% in the December 2009 quarter
Sales decline 9.11% to Rs 39.90 crore

Cummins India net profit rises 11.11% in the December 2009 quarter
Sales rise 8.71% to Rs 814.83 crore

Jyoti Structures net profit rises 29.35% in the December 2009 quarter
Sales rise 18.24% to Rs 508.72 crore

Bharat Bijlee net profit declines 44.49% in the December 2009 quarter
Sales rise 15.18% to Rs 161.32 crore

GlaxoSmithkline Consumer Healthcare net profit rises 3.38% in the December 2009 quarter

United Credit reports net profit of Rs 0.69 crore in the December 2009 quarter
HCL Infosystems net profit declines 0.86% in the December 2009 quarter
Hero Honda Motors net profit rises 78.34% in the December 2009 quarter

Melstar Information Technologies reports net loss of Rs 0.76 crore in the December 2009 quarter
State Bank of India net profit rises 0.03% in the December 2009 quarter
Sagar Tourist Resorts reports net loss of Rs 0.09 crore in the December 2009 quarter

Cadila Healthcare net profit rises 73.48% in the December 2009 quarter
Godrej Industries reports net profit of Rs 16.91 crore in the December 2009 quarter
Celestial Biolabs net profit rises 1481.82% in the December 2009 quarter

Sterlite Industries India net profit declines 77.16% in the December 2009 quarter
Narmada Gelatines net profit rises 26.56% in the December 2009 quarter
Chokhani Global Express reports net profit of Rs 0.01 crore in the December 2009 quarter

D B Corp net profit rises 112.47% in the December 2009 quarter
Himatsingka Seide reports net profit of Rs 3.35 crore in the December 2009 quarter
Triton Valves net profit rises 120.00% in the December 2009 quarter

Nagarjuna Agri Tech reports net loss of Rs 0.15 crore in the December 2009 quarter
Super Sales India reports net profit of Rs 5.41 crore in the December 2009 quarter
Borosil Glass Works reports net profit of Rs 1.80 crore in the December 2009 quarter

Modison Metals net profit rises 467.86% in the December 2009 quarter
East Buildtech net profit declines 64.10% in the December 2009 quarter
Chokhani International reports net loss of Rs 0.12 crore in the December 2009 quarter

Shri Keshav Cements & Infra net profit rises 240.00% in the December 2009 quarter
Tamilnadu Jai Bharath Mills reports net loss of Rs 0.24 crore in the December 2009 quarter
Ashiana Agro Industries net profit rises 100.00% in the December 2009 quarter

SIL Investments reports net profit of Rs 0.46 crore in the December 2009 quarter
Electrotherm India net profit rises 35.64% in the December 2009 quarter
Shakti Pumps India net profit rises 25.96% in the December 2009 quarter

T.V. Today Network net profit rises 57.90% in the December 2009 quarter
Jarigold Textiles net profit rises 1900.00% in the December 2009 quarter
Redington India net profit rises 28.67% in the December 2009 quarter

Super Spinning Mills reports net profit of Rs 0.16 crore in the December 2009 quarter
XPRO India reports net profit of Rs 1.81 crore in the December 2009 quarter
Jet Airways India reports net profit of Rs 105.80 crore in the December 2009 quarter

Aarti Drugs net profit rises 772.73% in the December 2009 quarter
Gujarat Borosil reports net loss of Rs 0.50 crore in the December 2009 quarter
Pioneer Investcorp net profit rises 2853.85% in the December 2009 quarter

Wheel & Axle Textiles net profit rises 4600.00% in the December 2009 quarter
Rosekamal Textiles reports net profit of Rs 0.51 crore in the December 2009 quarter
Bijlee Textiles net profit rises 450.00% in the December 2009 quarter

Trigyn Technologies net profit rises 18.86% in the December 2009 quarter
Lloyds Steel Industries reports net profit of Rs 39.17 crore in the December 2009 quarter
Deepak Fertilizers & Petrochemicals Corp net profit rises 136.19% in the December 2009 quarter

Creative Eye reports net loss of Rs 0.58 crore in the December 2009 quarter
Tata Coffee net profit rises 14.31% in the December 2009 quarter
Hercules Hoists net profit rises 22.45% in the December 2009 quarter

Mahindra & Mahindra net profit rises 848.85% in the December 2009 quarter
Shilchar Electronics reports net profit of Rs 0.31 crore in the December 2009 quarter
Repro India net profit rises 81.60% in the December 2009 quarter

C & C Constructions net profit rises 132.43% in the December 2009 quarter
Voltas net profit rises 62.20% in the December 2009 quarter
Pushpsons Industries net profit rises 400.00% in the December 2009 quarter

Hindustan Hardy Spicer reports net loss of Rs 0.17 crore in the December 2009 quarter
Peacock Industries reports net loss of Rs 0.25 crore in the December 2009 quarter
Kanoria Chemicals & Industries reports net profit of Rs 6.09 crore in the December 2009 quarter

LIC Housing Finance net profit rises 14.33% in the December 2009 quarter
Sundaram Clayton reports net profit of Rs 5.19 crore in the December 2009 quarter
Austin Engineering Company net profit declines 9.34% in the December 2009 quarter

Kale Consultants net profit rises 234.46% in the December 2009 quarter
Polylink Polymers India reports net loss of Rs 0.17 crore in the December 2009 quarter
Acrysil net profit declines 16.89% in the December 2009 quarter

Blue Star net profit rises 31.50% in the December 2009 quarter
National Oxygen reports no net profit or loss in the December 2009 quarter
India Cements net profit declines 43.79% in the December 2009 quarter

Grindwell Norton net profit rises 41.90% in the December 2009 quarter
Andhra Bank net profit rises 29.48% in the December 2009 quarter
Vidarbha Iron & Steel Corporation net profit rises 200.00% in the December 2009 quarter

Shanthi Gears net profit declines 71.87% in the December 2009 quarter
J Kumar Infraprojects net profit rises 133.24% in the December 2009 quarter
Zydus Wellness net profit rises 6.00% in the December 2009 quarter

Victoria Mills reports net profit of Rs 1.18 crore in the December 2009 quarter
Lakshmi Machine Works net profit rises 129.32% in the December 2009 quarter
Kakatiya Cements Sugar & Industries reports net loss of Rs 2.21 crore in the December 2009 quarter

Shilpa Medicare net profit rises 516.20% in the December 2009 quarter
Megh Mayur Infra reports net loss of Rs 0.01 crore in the December 2009 quarter
Abhishek Corporation reports net loss of Rs 9.75 crore in the December 2009 quarter

Sundaram Brake Linings net profit rises 1405.56% in the December 2009 quarter
H. S. India reports net profit of Rs 0.80 crore in the December 2009 quarter
CNI Research reports net profit of Rs 0.77 crore in the December 2009 quarter

Treadsdirect net profit rises 415.84% in the December 2009 quarter
Gujarat Reclaim & Rubber Products net profit declines 16.77% in the December 2009 quarter
Money Matters Financial Services net profit rises 2.21% in the December 2009 quarter

Joy Reality net profit rises 650.00% in the December 2009 quarter
Cochin Minerals & Rutile net profit declines 64.29% in the December 2009 quarter
Poly Medicure net profit rises 587.69% in the December 2009 quarter

Globus Corporation reports net profit of Rs 0.01 crore in the December 2009 quarter
Arrow Textiles reports net loss of Rs 0.43 crore in the December 2009 quarter
High Energy Batteries India reports net loss of Rs 0.28 crore in the December 2009 quarter

Force Motors net profit declines 96.50% in the December 2009 quarter
Empire Industries net profit rises 111.93% in the December 2009 quarter
Gujarat Intrux net profit declines 39.47% in the December 2009 quarter

Marmagoa Steel reports net loss of Rs 1.04 crore in the December 2009 quarter
SNL Bearings net profit rises 490.00% in the December 2009 quarter
Span Diagnostics net profit declines 57.69% in the December 2009 quarter

Entegra reports net loss of Rs 10.75 crore in the December 2009 quarter
JBM Auto net profit rises 1891.67% in the December 2009 quarter
Delta Corp net profit rises 1333.33% in the December 2009 quarter

Era E-Zone India reports net profit of Rs 0.43 crore in the December 2009 quarter
Era Infra Engineering net profit rises 85.36% in the December 2009 quarter
Natural Capsules net profit declines 5.49% in the December 2009 quarter

Yuken India reports net profit of Rs 2.00 crore in the December 2009 quarter
U G Hotels and Resorts reports net loss of Rs 0.28 crore in the December 2009 quarter
Sarla Performance Fibers net profit rises 63.39% in the December 2009 quarter

Wendt India net profit rises 84.62% in the December 2009 quarter
NMDC net profit declines 39.65% in the December 2009 quarter
Dynacons Systems & Solutions net profit rises 275.00% in the December 2009 quarter

Shiva Cement net profit rises 144.44% in the December 2009 quarter
Deep Industries net profit rises 91.22% in the December 2009 quarter
Gujarat NRE Coke net profit rises 101.21% in the December 2009 quarter

V-Guard Industries net profit rises 275.71% in the December 2009 quarter
HCL Technologies net profit declines 35.82% in the December 2009 quarter
Kewal Kiran Clothing net profit rises 109.21% in the December 2009 quarter

Prithvi Information Solutions net profit rises 96.10% in the December 2009 quarter


Src:ET, Moneycontrol, Capitalmarket

Results: TCS, Welspun Guj, Petronet, MRPL, India cement, Allahabad Bank, LIC Hsg, Chambal etc

TCS Q3 consolidated net rises 18.87% (Update)

India`s largest software exporter, Tata Consultancy Services (TCS) registered a 18.87% rise in consolidated net profit supported by healthy revenues for the quarter ended December, 2007. During the quarter, the company saw a rise in consolidated profits to Rs 13,266.70 million from Rs 11,161 million in the same quarter last year. The consolidated total income for the quarter climbed 23.04% to Rs 60,419.8 million compared with the corresponding quarter, a year ago. Q3 Highlights: > 54 new clients added in Q3> 7522 employees joined in Q3> Standalone net profit rose 2.78% on Q-o-Q > Standalone net sales climbed 5.63% on Q-o-Q > Standalone total income went up 5.55% on Q-o-Q > EPS at Rs 13.56 in Q3> Quarterly dividend of Rs 3 a share.

TCS Q3 standalone net profit up 2.7%
16 Jan, 2008, 1938 hrs IST
Tata Consultancy Services’ standalone net profit for the quarter ended December 31, 2007 was Rs 1,178.99 crore, marginally higher from Rs 1,147.11 crore reported in the same quarter previous year.

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Welspun-Gujarat Stahl Rohren Q3 net profit jumps 136%

Welspun-Gujarat Stahl Rohren October-December net profit jumped 136.40 per cent to Rs 97.4 crore from Rs 41.2 crore in the same quarter a year ago. Total income for the quarter increased to Rs 1,038.6 crore from Rs 745.6 crore in the year-ago period. At 2:46 pm, Welspun-Gujarat Stahl Rohren shares were down 3.98 per cent at Rs 492 on BSE.
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Allahabad Bank Oct-Dec net up 27.6%

State-run banker Allahabad Bank reported a net profit of Rs 3,650.50 million in the three months ended December 31, 2008 versus Rs 2,861.28 million in the corresponding period. The interest income was Rs 15,834.89 million as compared to Rs 13,049.57 million in the said quarter. A poll of analysts had forecast a net profit of Rs 2,580 million.

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Asian Granito Oct-Dec net Rs 7.36 crore

Asian Granito India Ltd on Wednesday reported a net profit of Rs 7.36 crore in Oct-Dec on net sales of Rs 51.5 crore. Comparable year-ago figures were not immediately available for the company that listed in August 2007.

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Mangalore Refinery’s Q3 net profit up 192.59% YoY

Mangalore Refinery’s net profit for the quarter ended December 31, 2007 was Rs 346.60 crore, up from Rs 118.46 crore in the same quarter of previous year. Net sales for the period increased 11.28 per cent to Rs 8,138.28 crore, from Rs 7,313.30 crore a year ago. Other income for the December quarter fell 63.38 per cent to Rs 30.81 crore against Rs 84.14 crore same quarter last year. Both the figures include net exchange fluctuation gains of Rs 12.84 crore and Rs 72.77 crore, respectively. Wednesday on BSE, MRPL shares closed down 2.74 per cent at Rs 127.70.

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Petronet LNG Q3 net profit up 54.01% at Rs 131.07 cr

Petronet LNG reported a net profit of 54.01% for the quarter ended December at Rs 131.07 crore vs Rs 85.1 crore in the same quarter a year ago. Total income grew to Rs 1,593.09 crore from Rs 15,847.26 in the same period. At 2:14 pm, Petronet LNG shares were at Rs 105.25, down 4.36 per cent.
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India Cements Q3 net profit up 59%

India Cements’ net profit for the quarter ended December 31, 2007 rose 59.25 per cent to Rs 127.05 crore compared with Rs 79.78 crore in the same quarter of previous year. Total income for the October-December quarter increased 57.66 per cent to Rs 857.56 crore, from Rs 543.92 crore a year ago. The accounts for the current quarter have been prepared after taking into account the transactions of erstwhile Visaka Cement Industry Ltd and are therefore not comparable with the corresponding figures of previous period. At 1:13 pm, India Cements shares were down 6 per cent at Rs 257.60 on BSE.

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LIC Housing Finance Q3 net profit rises 38%

LIC Housing Finance net profit after tax rose 38.39 per cent to Rs 106.02 crore for the quarter ended December 2007 compared to Rs 76.61 crore in the same quarter last year. Total income increased to Rs 551.62 crore from Rs 404.10 crore year earlier.

Chambal Fertilizers Q3 net profit down 10% YoY
Wallfort posts Rs 12.03 crore net profit in Q3; share up 5%
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Infotech Ent Q3 net profit at Rs 17.7 cr
16th-Jan-2008
Infotech Enterprises announced its Q3 FY08 numbers.In the third quarter of FY08, its net profit was at Rs 14.78 cr versus Rs 23 cr in the previous quarter. During the same period, its net sales were at Rs 113 crore versus Rs 161 crore, QoQ.

Zuari Ind Q3 net profit up at Rs 30.92 cr
16th-Jan-2008
Zuari Industries has announced its third quarter results. The company’s Q3 net profit was up at Rs 30.92 crore versus Rs 12 crore.
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TCS Q3 consolidated net rises 18.87% (Update)

Himadri Chemicals net rises 29.59% in Dec`07 qtr
Himadri Chemicals & Industries disclosed a steady jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 29.59% rise in profit to Rs 218.10 million from Rs 168.30 million in the quarter ended December 2006.Net sales for the quarter rose 3.77% to Rs 901.30 million compared with Rs 868.50 million in the corresponding quarter, a year ago.

Rallis India net up 61.15% for Dec`07 qtr
Rallis India reflected a conspicious rise in net profit of 61.15 % during the quarter ended Dec. 31, 2007, of Rs 140.20 million, as against Rs 87 million in the same quarter of the previous year.
The total income for the above quarter was at Rs 1842.80 million as against Rs 1756.90 of the previous, revealing a marginal 4.89 % rise.
The Net Sales of Rallis India (Q, N,C,F)* for the quarter ended Dec. 31, 2007, were at Rs 1831.40 million, rising marginally 6.36%, as against Rs 1,721.90 million in the same quarter of the previous year.

MRPL Q3 net zooms 2.93 times
Zuari Industries Q3 net 2.52 times on better margins
Shree Ganesh Forgings net surges 70.52% in Dec`07 qtr
State Bank of Mysore net rises 29.04% in Dec `07 qtr
Vardhman Textiles Q3 net slips 22.24%
Petronet LNG net rises 54.03% in Dec `07 qtr
Allahabad Bank Q3 earnings rise 27.58%
LIC Housing Q3 net climbs 38.39%; income rises 36.17%
India Cements net up 59.25% for Dec`07 qtr
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Results Calender

Auto Stampings 17-Jan-08

Biocon 17-Jan-08

Chemplast Sanma 17-Jan-08

Eastern Silk 17-Jan-08

Emco 17-Jan-08

Financial Tech 17-Jan-08

Godrej Consumer 17-Jan-08

HCL Tech 17-Jan-08

Hikal 17-Jan-08

HT Media 17-Jan-08

IDBI 17-Jan-08

Indiabulls 17-Jan-08

JBF Industries 17-Jan-08

KPIT Cummins 17-Jan-08

Natura Hue C 17-Jan-08

NDTV 17-Jan-08

Orchid Chemical 17-Jan-08

Ranbaxy Labs 17-Jan-08

Reliance 17-Jan-08

Reliance Energy 17-Jan-08

Reliance Natura 17-Jan-08

S Kumars Nation 17-Jan-08




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