Results: Tata Steel, Tata motors, ACC, Rcom, Unitech, MRF, LMW, IVRCL, IVR Prime, Omaxe, Siemens, Rolta, Punj, JKBk, IOC, etc

Tata Steel Q3 net profit up 0.45% YoY

Tata Steel’s net profit for October-December net profit rose 0.45 per cent to Rs 1068.58 crore against Rs 1063.75 crore during the same period of previous year. Total income increased 10.35 per cent to Rs 5,040.95 crore from Rs 4,568.20 crore a year ago. At 3:01, Tata Steel shares were down 0.19 per cent at Rs 722.10 on BSE.

Tata Steel profit remains flat in Dec`07 qtr
Tata Steel registered marginal rise in net profit for the quarter ended December 2007. During the quarter, the company experienced a 0.45% rise in profit to Rs 10,685.80 million from Rs 10,637.50 million in the quarter ended December 2006.
Net sales for the quarter rose 11.27% to Rs 49,739.20 million compared with Rs 44,699.80 million in the corresponding quarter, a year ago.
Total income rose 10.33% to Rs 50,409.50 million for the quarter ended December 2007 from Rs 45,687.20 million for the same period, last year.
The diluted EPS, after extraordinary items, stood at Rs 15.28 for the quarter ended December 2007.

Highlights of quarter
Tata Steel signed a memorandum of understanding (MoU) with Vietnam Steel Corporation for the proposed Cold Rolling Mill in Vietnam.Tata Steel and Riversdale Mining signed an agreement to establish a special purpose joint venture (JV) vehicle to develop a hard coking and thermal coal project at key coal exploration tenements held by Riversdale in Mozambique.
Tata Steel entered into a joint venture agreement with Al Bahja Group, a leading business house of Oman, for the development of the Uyun Limestone deposits at Salalah in the Sultanate of Oman.

Business Profile:
Tata Steel formerly Tata Iron and Steel Company, is India`s largest integrated private sector steel company. Established in 1907, its steel plant at Jamshedpur produces four million tons of hot and cold rolled flat and long products. Tata Steel (Q, N,C,F)* Group comprises of two entities, namely, Tata Steel (including Tata Steel Thailand and NatSteel Asia) and Corus Group.
Tata Steel`s operations are grouped under strategic profit centers like steel making, tubes, growth shop (for its steel plant and material handling equipment), bearings, ferro alloys and minerals, rings, agrico and wires.
Shares of the company declined Rs 4.4, or 0.61%, to trade at Rs 719.1. The total volume of shares traded was 237,646 at the BSE. (3.09 p.m., Thursday).



Unitech posts 39 pc rise in net profit at Rs 526 cr
Real estate firm Unitech on Thursday posted 39 per cent increase in consolidated net profit at Rs 525.78 crore for the quarter ended December 31, 2007, against Rs 377.84 crore for the corresponding period in the previous fiscal. Total income of the group during the quarter under review was Rs 1,165.11 crore, up 19 per cent from the corresponding period last year, the company said in a release. "Higher sales, better price realisation and strong project execution have resulted in a robust financial performance during the period. With many projects in the pipeline, we expect this strong performance to continue," Unitech Ltd Managing Director Sanjay Chandra said in the statement. For the nine-month period ended December 31, 2007, the consolidated total income of the group stood at Rs 3,129.04 crore and consolidated profit after tax was Rs 1,301.58 crore. During the quarter, Unitech made a foray into the Mumbai market by acquiring 50 per cent stake in a company executing a 97 acre slum rehabilitation project. The company also won a tender to develop a 1,750 acre township in Visakhapatnam. Besides, Unitech also bagged a tender to develop a 350 acre township in Hyderabad. On a standalone basis, Unitech posted 18.44 per cent decline in net profit at Rs 368.92 crore for the quarter ended on December 31, 2007, against Rs 452.38 crore for the same quarter in 2006. Net sales of the company dipped by 18.37 per cent to Rs 818.51 crore for quarter ended December 31, 2007, compared to Rs 1002.74 crore for the corresponding quarter last year, Unitech said in a filing to National Stock Exchange.

BPCL Q3 net profit falls 4% YoY

Tata Motors consolidated net rises 8.75% in Dec `07 qtr
Tata Motors Q3 net profit dips 3%
Tata Motors, on consolidated basis registered 8.75% rise of in net profit for the quarter ended December 2007. During the quarter, net profit stood at Rs 6,547.9 million as against Rs 6,020.70 million in the quarter ended December 2006.Total income rose 13.85% to Rs 93,246.90 million for the quarter ended December 2007 from Rs 81,896.60 million for the same period, last year.
Tata Motors, on standalone basis, registered a drop in net profit for the quarter ended December 2007. During the quarter, the company experienced a 2.75% drop in profit to Rs 4,990.50 million from Rs 5,131.70 million in the quarter ended December 2006.
Net sales for the quarter rose 4.24% to Rs 72,518.30 million compared with Rs 69,568.40 million in the corresponding quarter, a year ago.
Total income rose 5.34% to Rs 73,436.40 million for the quarter ended December 2007 from Rs 69,711.60 million for the same period last year.
The basic and diluted EPS after extraordinary item declined 12.01% to Rs 11.72 for the quarter ended December 2007 from Rs 13.32 for the same quarter last year.



RCom (consolidated) net rises 48.50% in Dec`07 qtr
Reliance Comm Q3 net up 49%, beats forecast
Reliance Communications, on consolidated basis, experienced a 48.50% rise in profit to Rs 13,728.30 million in quarter ended December 2007 from Rs 9,244.50 million in the quarter ended December 2006. Total income rose 29.80% to Rs 48,742 million for the quarter ended December 2007 from Rs 37,553 million for the same period, last year.Reliance Communications, on standalone basis, registered 43.39% drop in net profit for the quarter ended December 2007. During the quarter, the company experienced a 43.39% drop in profit to Rs 4,364.80 million from Rs 7,710.60 million in the quarter ended December 2006. Net sales for the quarter rose 11.83% to Rs 34,035.20 million compared with Rs 30,434.50 million in the corresponding quarter, a year ago.
Total income rose 12.03% to Rs 34,108.20 million for the quarter ended December 2007 from Rs 30,445.10 million for the same period, last year.
The diluted EPS, after extraordinary items, stood at Rs 2.02 for the quarter ended December 2007. Highlights of quarter:Reliance Communications received approval from the Federal Communications Commission (FCC) for the merger of U.S.-based Yipes Holdings, Inc. Reliance Communications (Q, N,C,F)* announced the USD 300 million acquisition of Yipes in July 2007.The allotment committee of the board of directors of the company has allotted 692,366 equity shares of Rs 5 each at a predetermined premium of Rs 475.68 a share on Dec. 29, 2007.The ministry of communications and IT government of India, made allotment of start up spectrum to the company for providing GSM services under the Unified Access Services Licenses (UASL). The allotment of spectrum is in addition to the company`s existing CDMA services. As a result, the company will, in due course, offer nation wide GSM services in addition to its existing CDMA services.


MRF Q3 net profit up 51% YoY
MRF’s net profit rose 78.69 per cent to Rs 51.75 crore for the October-December quarter against Rs 28.96 crore in the same quarter of previous year. Net sales increased 9.23 per cent to Rs 1,155.57 crore from Rs 1,057.83 crore a year ago.

United Phosphorous Q3 net profit falls 85% YoY


Lakshmi Machine Works Q3 net profit grows 30% YoY

Lakshmi Machine Works’ net profit rose 30.88 per cent to Rs 584.48 crore for October-December quarter against Rs 446.59 crore in the same quarter of previous year. Net sales increased to Rs 4,654.34 crore for the quarter ended Dec 31, 2007 from Rs 5,352.07 crore in the corresponding quarter of previous year.

National Fertilizers Q3 net profit up 28% YoY
National Fertilizers' net profit for the quarter ended Dec 31, 2007 rose 28.43 per cent to Rs 47.03 crore against Rs 36.62 crore in the same quarter of previous year.

Maharashtra Seamless Q3 net profit falls 14% YoY
Maharashtra Seamless’ net profit fell 14.76 per cent to Rs 51.16 crore for the quarter ended Dec 31, 2007 compared with Rs 60.02 crore for the corresponding quarter ended December 2006. Total income increased 10.86 per cent to Rs 388.55 crore from Rs 350.48 croe a year ago.

Puravankara Projects Q3 net profit jumps 152% YoY
Puravankara Projects’ net profit for the quarter ended Dec 31, 2007 rose 152.38 per cent to Rs 56.50 crore against Rs 22.38 crore for the corresponding quarter ended December 2006. Total revenue increased 78.46 per cent to Rs 150.53 crore for the October-December from Rs 84.35 crore for same period of pervious year. The group’s net profit grew 121.95 per cent to Rs 63.11 crore for the quarter compared with Rs 28.43 crore for the same period of earlier year. Total revenues increased 78.46 per cent to Rs 150.53 crore from Rs 84.35 crore a year ago.

Birla Corp Q3 net profit up 11% YoY
Birla Corporation’s net profit rose 11.84 per cent to Rs 106.40 crore for the quarter ended Dec 31, 2007 compared with Rs 95.14 crore the corresponding quarter ended December 2006. Total income increased 6.68 per cent to Rs 442.51 crore for October-December quarter from Rs 414.81 crore during the same period of previous year.

Finolex Cables Q3 net profit jumps 26% YoY
Finolex Cables’ October-December net profit rose 26.15 per cent to Rs 20.31 crore against Rs 16.1 crore in the same quarter of previous year. Total income increased 31.08 per cent to Rs 333.53 crore for the quarter ended Dec 31, 2007 from Rs 254.45 crore for the corresponding quarter ended December 2006.

Torrent Pharma Q3 net profit jumps 130% YoY
Torrent Pharmaceuticals’ net profit rose 130.27 per cent to Rs 54.16 crore for the quarter ended Dec 31, 2007 against with Rs 23.52 crore in the same quarter of previous year. Total income increased 20.35 per cent to Rs 263.26 crore from Rs 218.74 crore a year ago. The group’s net profit grew 45.30 per cent to Rs 37.27 crore for the October-December quarter compared with Rs 25.65 crore in corresponding quarter of earlier year. Total income improved by 2.84 per cent to Rs 348.44 crore for the quarter from Rs 338.82 crore during the same period of earlier year.

Siemens Q3 net profit jumps 100% YoY
Siemens’ net profit for the quarter ended Dec 31, 2007 rose 100.93 per cent to Rs 197.05 crore against Rs 98.07 crore in the same quarter of previous year. Total income increased 16.55 per cent to Rs 1,921.03 crore for the October-December quarter from Rs 1648.25 crore for the corresponding quarter of earlier year. The company has sold information and communication segment to Siemens Enterprise Communication, Germany in Aug 1, 2007 and building technologies segment to Siemens Building Technologies (formerly known as iMetrex Technologies) on Oct 1, 2007 respectively. It also sold an automotive segment to Siemens VDO Auto Components from Dec 01, 2007. The above divisions constitute separate reporting segments as disclosed in the segment wise report. Consequently the figures for the quarter ended Dec 31, 2007 are not strictly comparable with the figures of the quarter ended Dec 31, 2006.


Omaxe Q3 net at Rs 154.157 cr
Omaxe Ltd has announced the following unaudited results for the quarter ended December 31, 2007:
The company has posted a profit after tax of Rs 123.09 crore for the quarter ended December 31, 2007. Total revenue is Rs 576.84 crore for the quarter ended December 31, 2007.
The consolidated results are as follows:
The group has posted a profit after tax of Rs 154.15 crore for the quarter ended December 31, 2007. Total revenue is Rs 678.21 crore for the quarter ended December 31, 2007.

ACC Q3 net up 15.14% at Rs 1427.34 cr
The company has posted a net profit of Rs 1438.59 crore for the year ended December 31, 2007 as compared to Rs 1231.84 crore for the year ended December 31, 2006. Total Income has increased from Rs 5945.13 crore for the year ended December 31, 2006 to Rs 7135.97 crore for the year ended December 31, 2007.
The audited consolidated results for the year ended December 31, 2007:
The group has posted a net profit of Rs 1427.34 crore for the year ended December 31, 2007 as compared to Rs 1239.60 crore for the year ended December 31, 2006. Total Income has increased from Rs 5984.56 crore for the year ended December 31, 2006 to Rs 7189.43 crore for the year ended December 31, 2007.

Hero Honda Q3 net up 32%
Top motorcycle maker, Hero Honda Motors Ltd, said on Thursday quarterly profit rose 32 per cent, as its higher-margin bikes helped offset firm interest rates in the world's biggest market after China. Hero Honda, in which India's Hero Group and Japan's Honda Motor Co each hold 26 per cent, has about half the market, which is expanding quickly on the back of rising incomes. Truck maker Daimler recently formed a venture with the Hero Group for a range of commercial vehicles in India. New Delhi-based Hero Honda said net profit rose to Rs 275 crore ($70 million) in the fiscal third quarter to end-December from Rs 209 crore reported a year earlier.
Net sales rose 3 per cent to Rs 2743 crore. The result beat a Reuters poll forecast of net profit of Rs 222 crore on net sales of Rs 2703 crore.

Moser Baer Oct-Dec net profit seen up 6.4 per cent

Alok Industries net rises 31.67% in Dec `07 qtr
Alok Industries disclosed a steady rise in net profit for the quarter ended December 2007. During the quarter, the company experienced a 31.67% rise in profit to Rs 488 million from Rs 370.60 million in the quarter ended December 2006.Net sales for the quarter rose 14.76% to Rs 5507.80 million compared with Rs 4,799.20 million in the corresponding quarter, a year ago. Total income rose 15.83% to Rs 5,596.50 million for the quarter ended December 2007 from Rs 4,831.50 million for the same period last year.


GAIL net down 6.63% in Dec`07 qtr

G A I L (India) registered a 6.63% fall in net profit to Rs 6,213.20 million for the quarter ended December 2007 as compared with Rs 6,654.60 million for the corresponding quarter last fiscal.Net sales for the quarter fell 1.82% to Rs 42,983.30 million as against Rs 43,783.70 million for the same quarter a year ago.
Total income for the quarter dipped 15.26% to Rs 44,831.50 million from Rs 52,908.50 million for the corresponding quarter last year.

Pyramid Saimira Q3 topline at Rs 2.31 bn

Pyramid Saimira Theatre, the holding company of Pyramid Saimira (Q, N,C,F)* Group, Asia`s largest and world`s 3rd largest theatre chain company, registered a turnover of Rs 2,310 million, for the third quarter ended Dec. 31, 2007, as against a turnover of Rs 460 million for the corresponding quarter last year.
The total revenue for the period from April - December 2007 stood at Rs 5,020 million.
The net profit for the December 2007 quarter stood at Rs 298.6 million as against Rs 51.5 million for the corresponding quarter last year.
The company also added 168 new screens to exhibit movies in this quarter, adding up to a total of 655 screens, in India alone.

Aries Agro Q3 net up 37%
Aries Agro Q3 net up 37%
Aries Agro (AAL), a micronutrient and other nutritional products for plants and animals manufacturing company, reported 37% increase in net profit to Rs 48.6 million for the third quarter ended December 2007 as compared with Rs 35.5 million for the corresponding quarter of the previous year.
Net sales rose 22.77% to Rs 289 million for the quarter ended Dec. 31, 2007 as against Rs 235.4 million in the previous quarter last year.
For 9 months ended Dec. 31, 2007, the company registered net sales of Rs 741.1 million with a net profit of Rs 110.5 million.


Rolta India (cons) net rises 47.09% in Dec `07 qtr
Rolta India, on consolidated basis registered 47.09% rise of in net profit for the quarter ended December 2007. During the quarter, net profit stood at Rs 602.18 million as against Rs 409.39 million in the quarter ended December 2006.Total income rose 47.84% to Rs 2,519.45 million for the quarter ended December 2007 from Rs 1,704.11 million for the same period, last year.

Punj Lloyd net rises 2.05 times in Dec `07 qtr
Punj Lloyd disclosed a phenomenal jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 2.05 times rise in profit to Rs 391.60 million from Rs 190.39 million in the quarter ended December 2006.Net sales for the quarter rose 91.13% to Rs 12,437.50 million compared with Rs 6,507.28 million in the corresponding quarter, a year ago. Total income rose 87.95% to Rs 12,582 million for the quarter ended December 2007 from Rs 6,694.12 million for the same period last year.The diluted EPS after extraordinary stood at Rs 1.26 for the quarter ended December 2007.

J&K Bank net up 30.12% in Dec`07 qtr
Jammu & Kashmir Bank registered a 30.12% growth in net profit to Rs 1,091.60 million for the quarter ended December 2007 from Rs 838.90 million in the quarter ended December 2006.
Interest earned for the quarter rose 33.50% to Rs 6182.80 million compared with Rs 4631.00 million in the corresponding quarter, a year ago.
Total income rose 37.48% to Rs 6887.60 million for the quarter ended December 2007 from Rs 5009.60 million for the same period, last year.

Escorts loss widens 95.06% in Dec `07 qtr

Dabur Pharma net drops 7.51% in Dec `07 qtr
Leading oncology player, Dabur Pharma, (Q, N,C,F)* registered a drop in net profit for the quarter ended in December 2007. During the quarter, the company experienced a 7.51% drop in profit to Rs 82.60 million from Rs 89.31 million in the quarter ended December 2006.


Su-raj Diamonds net up 30.87% in Dec`07 qtr

Su-raj Diamonds and Jewellery registered a 30.87% growth in net profit to Rs 175.90 million for the quarter ended December 2007 as compared with Rs 134.40 million for the corresponding quarter last year.
Net sales for the quarter rose 24.73% to Rs 5,740.90 million as against Rs 4,602.60 million for the same quarter a year ago.

Valecha Engineering net drops 13.66% in Dec `07 qtr


Spice Mobiles swings to profit in Dec `07 qtr
Spice Mobiles swings to net profit for the quarter ended December 2007. During the quarter, the company posted profit to Rs 66.90 million from a loss of Rs 6.70 million in the quarter ended December 2006.Net sales for the quarter rose 2.10 times to Rs 1,209.70 million compared with Rs 574.30 million in the corresponding quarter, a year ago.

IVRCL Infra net up 99.39% in Dec`07 qtr

IVRCL Infrastructures & Projects registered a 99.39% rise in net profit to Rs 640.56 million for the quarter ended December 2007, compared with Rs 321.26 million for the same quarter, a year ago.Net sales for the quarter rose 86.64% to Rs 9,748.57 million as against Rs 5,223.11 million for the corresponding quarter, last year.


Cadila Healthcare net rises 20.19% in Dec`07 qtr
Cadila Healthcare disclosed a steady jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 20.19% rise in profit to Rs 631 million from Rs 525 million in the quarter ended December 2006.

Omaxe net up 5.46% in Dec`07 qtr (QoQ)
Realty company, Omaxe (Q, N,C,F)* posted a 5.46% jump in net profit at Rs 1,230.97 million for the quarter ended December 2007 as compared with Rs 1,167.27 million for the quarter ended September 2007.

IVR Prime net at Rs 1.16 bn for Dec`07 qtr
Hyderabad-based real estate developer IVR Prime (Q, N,C,F)* Urban Developers, which got listed on the bourses on Aug. 16, 2007, clocked net profit of Rs 1,163.23 million, on net sales of Rs 2,959.51 million for the latest quarter ended December 2007.
The company posted total income of Rs 3,030.87 million and its basis and diluted EPS stood at Rs 18.13 in December 2007 quarter.

K S Oils net up 60% in Dec`07 qtr
KS Oils registered a 60.47% growth in net profit to Rs 324.30 million for the quarter ended December 2007 as compared with Rs 202.10 million for the corresponding quarter, last year. Net sales for the quarter rose 84.72% to Rs 5,636.70 million as against Rs 3,051.50 million for the same quarter, a year ago.

CESC net up 52% in Dec`07 qtr
CESC registered a 52.46% growth in net profit to Rs 930.00 million for the quarter ended December 2007 as compared with Rs 610.00 million for the corresponding quarter, last fiscal.


IOC Q3 net surges 97% to Rs 20.9 bn
India`s largest refiner Indian Oil Corporation posted a 97.42% rise in net profit to Rs 20,906.90 million for the quarter ended December 2007 as compared with Rs 10,590.10 million for the corresponding quarter, a year ago.

Ess Dee net leaps 2.48 times for Dec`07 qtr
Ess Dee Aluminium, a foil-based packaging solutions provider, posted a robust 2.48 times jump in net profit to Rs 151.88 million for the quarter ended December 2007 as compared with Rs 61.30 million for the corresponding quarter in the last fiscal.

Radico Khaitan net rises 44% in Q3
Radico Khaitan posted a 44.01% jump in net profit at Rs 115.83 million for the quarter ended December 2007 as compared to Rs 80.43 million for the quarter ended December 2006.

Gateway Distriparks net up 12.24% for Dec `07 qtr
Gateway Distriparks has registered 12.24% growth in net profit to Rs 190.96 million for the quarter ended Dec. 31, 2007, from Rs 170.14 million in the corresponding quarter last fiscal.


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Results: Tata Steel, BHEL, BEML etc

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Tata Steel on consolidated basis registered a jump of 2.93 times in profit after minority interest and share of profits of associates at Rs 33,423.60 million for the quarter ended Sep. 30, 2007 as compared to Rs 11,391.10 million for the quarter ended Sep. 30, 2006.

Total Income increased 5.25 times from Rs 61,929.50 million for the quarter ended Sep. 30, 2006 to Rs 325,351.50 million for the quarter ended Sep. 30, 2007.

The group announced a phenomenal jump of 4.50 times in profit after minority interest and share of profits of associates at Rs 97,027.30 million for the six months ended Sep. 30, 2007 as compared to Rs 21,582.90 million for the six months ended Sep. 30, 2006.

Total Income rose 5.31 times from Rs 120,198.30 million for the six months ended Sep. 30, 2006 to Rs 638,716.30 million for the six months ended Sep. 30, 2007.

The previous period figures do not include Corus and the current period includes financial results of Corus, reviewed by the auditors, the company said in a release.

Report on Financial performance

Income from Operations

Total income for six months ended Sep. 30, 2007, amounted to Rs 638,720 million against Rs 120,200 million in the same period previous year. The increase comprise mainly of Rs 498,090 million of Corus income and increases of Rs 8,660 million in Indian operations, Rs 12,370 million in Nat Steel and Rs 5,120 million in Tata Steel, (Q, N,C,F)* Thailand.

Total Expenditure

Total expenditure for the six months ended Sep. 30, 2007 amounted to Rs 561,120 million against Rs 86,650 million during the previous years. The increase is primarily on account of inclusion of expenditure of Corus during the current year.
Shares of the company gained Rs 20.65, or 3.08%, to trade at Rs 692. The total volume of shares traded was 62,057 at the BSE. (10.32 a.m., Friday)
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BHEL net rises 15.61% in Dec `07 qtr

Bharat Heavy Electricals (BHEL) disclosed steady jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 15.61% rise in profit to Rs 7,719 million from Rs 6,676.50 million in the quarter ended December 2006.
Net sales for the quarter rose 14.38% to Rs 49,641.40 million, compared with Rs 43,396.90 million in the corresponding quarter, a year ago.
Total income rose 15.55% to Rs 52,290 million for the quarter ended December 2007 from Rs 45,251.60 million for the same period last year.
The basic EPS after extraordinary item stood at Rs 15.77 for the quarter ended December 2007

BEML Q3 earnings climb 11.84%
India`s leading and Asia`s second largest manufacturer of earthmoving equipment, BEML reported a rise of 11.84% in earnings in the quarter ended December 2007, to Rs 592.40 million compared with Rs 529.70 million in the same quarter, last year. Total income for the quarter rose by 14.60% to Rs 6,407.60 million compared with the corresponding quarter, a year ago

Nandan Exim net rises 19% in Dec`07 qtr
Gujarat Industries Q3 net falls 4%
TVS Motor net drops 49.12% in Dec`07 qtr
Time Technoplast net down 48.71% for Dec `07 qtr
PTC India net drops 27.95% in Dec `07 qtr
Aegis Logistics net up 73.63% for Dec `07 qtr
Bharat Electronics Q3 net fall 23.76% on lower margin
Ashok Leyland Q3 net rises 14.21%
Federal Bank net rises 22.75% in Dec`07 qtr

STC net up 70.70% in Dec`07 qtr
REI Agro Q3 net rises 4.52%
Century Textiles net rises 2.15% for Dec`07 qtr


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Corporate Results
Nagarjuna Agri Tech net profit rises 11.54% in the December 2007 quarter
Sales decline 13.04% to Rs 0.80 crore

Bhuwalka Steel Industries net profit rises 227.78% in the December 2007 quarterSales rise 31.61% to Rs 126.71 crore

Solvay Pharma India net profit rises 117.12% in the December 2007 quarterSales rise 21.23% to Rs 45.85 crore

Poddar Pigments net profit rises 428.13% in the December 2007 quarterSales rise 0.38% to Rs 24.00 crore

Sam Leaseco reports net loss of Rs 0.02 crore in the December 2007 quarterNo sales reported in the quarter

PTC India net profit declines 27.96% in the December 2007 quarter

Onward Technologies reports net loss of Rs 0.90 crore in the December 2007 quarter
NILE net profit rises 39.44% in the December 2007 quarter
Available Finance net profit rises 10.00% in the December 2007 quarter
Volant Textile Mills reports net loss of Rs 0.14 crore in the December 2007 quarter
Hercules Hoists net profit rises 9.71% in the December 2007 quarter

Winro Commercial India net profit rises 333.60% in the December 2007 quarter
Shri Dinesh Mills net profit declines 34.50% in the December 2007 quarter
Ganesh Polytex net profit rises 77.08% in the December 2007 quarter
Fairfield Atlas net profit rises 760.47% in the December 2007 quarter
IQMS Software net profit rises 10700.00% in the December 2007 quarter
Barak Valley Cements reports net profit of Rs 1.71 crore in the December 2007 quarter
Punjab Alkalies & Chemicals net profit rises 132.88% in the December 2007 quarter

Ravindra Trading and Agencies reports no net profit or loss in the December 2007 quarter
Aroni Commercials net profit declines 44.03% in the December 2007 quarter
Gujarat Lease Financing reports net profit of Rs 0.03 crore in the December 2007 quarter
Bhoruka Aluminium net profit rises 28.05% in the December 2007 quarter
Force Motors reports net loss of Rs 22.43 crore in the December 2007 quarter

Camphor & Allied Products reports net profit of Rs 0.06 crore in the December 2007 quarter
Rasoya Proteins net profit rises 38.00% in the December 2007 quarter
Oil Country Tubular reports net profit of Rs 10.48 crore in the December 2007 quarter
Gujarat Carbon & Industries reports net loss of Rs 0.77 crore in the December 2007 quarter
Zenith Fibres net profit declines 42.11% in the December 2007 quarter
Kovilpatti Lakshmi Roller Flour Mills reports net loss of Rs 0.98 crore in the December 2007 quarter

Suryalata Spinning Mills net profit declines 44.74% in the December 2007 quarter
VBC Ferro Alloys reports net loss of Rs 0.38 crore in the December 2007 quarter
Anil Chemicals & Industries reports net profit of Rs 0.65 crore in the December 2007 quarter
Micro Technologies India net profit rises 64.42% in the December 2007 quarter
Emkay Shares & Stock Brokers net profit rises 302.55% in the December 2007 quarter
Southern Iron & Steel Company net profit rises 32.92% in the December 2007 quarter

OCL India net profit rises 73.51% in the December 2007 quarter
Natco Pharma net profit rises 23.25% in the December 2007 quarter
English Indian Clays net profit declines 17.20% in the December 2007 quarter
Sanghi Industries net profit declines 9.90% in the December 2007 quarter
Zee News reports net profit of Rs 12.83 crore in the December 2007 quarter
Rico Auto Industries net profit declines 33.68% in the December 2007 quarter
Meghmani Organics reports net profit of Rs 9.43 crore in the December 2007 quarter
UCO Bank net profit declines 32.67% in the December 2007 quarter


KEI Industries net profit rises 22.39% in the December 2007 quarter
ING Vysya Bank net profit rises 198.33% in the December 2007 quarterNovartis
Dr Reddy's Laboratories net profit declines 91.60% in the December 2007 quarter
Andhra Sugars net profit declines 77.85% in the December 2007 quarter
Dalmia Cement (Bharat) net profit rises 73.57% in the December 2007 quarter
Voltas net profit rises 143.03% in the December 2007 quarter
Ashok Leyland net profit rises 14.21% in the December 2007 quarter
Federal Bank net profit rises 22.76% in the December 2007 quarter
Bharat Electronics net profit declines 23.76% in the December 2007 quarter
Kirloskar Ferrous Industries net profit rises 22.14% in the December 2007 quarter


Kale Consultants net profit declines 31.97% in the December 2007 quarter
Bellary Steels & Alloys reports net loss of Rs 27.60 crore in the December 2007 quarter
TVS Motor Company net profit declines 49.13% in the December 2007 quarter
Shivam Autotech net profit declines 54.91% in the December 2007 quarter
State Trading Corporation of India net profit rises 70.70% in the December 2007 quarter
IL&FS Investment Managers net profit rises 54.72% in the December 2007 quarter

Nava Bharat Ventures net profit rises 106.56% in the December 2007
REI Agro net profit rises 4.55% in the December 2007 quarter
Century Textiles & Industries net profit rises 114.56% in the December 2007 quarter
Medicare net profit rises 57.44% in the December 2007 quarter
ICRA net profit rises 51.25% in the December 2007 quarter
Dishman Pharmaceuticals and Chemicals net profit rises 5.89% in the December 2007 quarter
Gujarat Industries Power Company net profit declines 4.06% in the December 2007 quarter
Hindustan Organic Chemicals net profit rises 51.42% in the December 2007 quarter
Vivimed Labs net profit rises 25.85% in the December 2007 quarter

Action Construction Equipments net profit rises 102.34% in the December 2007 quarter
Dish TV India reports net loss of Rs 116.44 crore in the December 2007 quarter
Vishal Retail reports net profit of Rs 15.56 crore in the December 2007 quarter
Alphageo India net profit declines 77.48% in the December 2007 quarter
Ashiana Housing net profit rises 150.83% in the December 2007 quarter

Radha Madhav Corporation net profit rises 34.18% in the December 2007 quarter
Honeywell Automation India net profit rises 12.50% in the December 2007 quarterIndian Railway Finance Corporation net profit rises 0.28% in the December 2007 quarter



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Results: Tata Steel, Larsen Toubro, ITC, Kotak Bk etc

Tata Steel Q2 net up 8% at Rs 1,190.83 cr

World's sixth largest steelmaker, Tata Steel Ltd on Friday posted 8.11 per cent rise in net profit at Rs 1,190.83 crore for the quarter ended September 30 as compared to Rs 1,101.49 crore in the corresponding quarter last year. Total income jumped 11.41 per cent to Rs 4,879.41 crore for the second quarter ended September 30 from Rs 4379.51 crore in the year-ago period, a company release said. For the first half of the current fiscal, the company reported a net profit of Rs 2,412.94 crore against Rs 2,054.90 crore in the same period in 2006-07.

Total income stood at Rs 9,223.11 crore for the six month period ended September 30 against Rs 8,356.89 crore in the comparable period last year. Earnings per share of the company stood at Rs 19.55 for the quarter ended September 30 as against Rs 19.15 in the same period last year. The company's steel production has grown to Rs 12.79 lakh tonnes in the quarter ended September 30 as against 12.57 lakh tonnes in the year-ago period. Besides, steel sales grew to 12.18 lakh tonnes in the reviewed quarter from 11.83 lakh tonnes in the same period last year, it said. Tata Steel also posted an export turnover of Rs 597.21 crore in the July-September period this year while it was Rs 545.95 crore in the same period of 2006-07.

Larsen & Toubro Q2 net profit jumps, shares rise 11 pc

Larsen & Toubro Ltd, India's largest engineering and construction firm, said on Friday quarterly profit rose by more than a third as it won more orders, sending its shares up nearly 11 percent. Larsen, whose heavy engineering and construction activities account about 75 percent of its total revenue, has been riding a boom in Indian infrastructure.

"With a healthy order book, the company is confident of sustaining the growth momentum, both in terms of revenue and profitability in the near to medium term," the company said in a statement. The company said it had an order backlog of 44O billion rupees ($11 billion) at the end of September, the company's chief financial officer Y.M. Deosthalee told reporters. Shares in Larsen raced to an all-time high of 3,835 rupees after the results and by 0713 GMT they were 10.3 percent higher at 3,811.25.

ITC Q2 net profit rises 13.42%

ITC’s net profit increase 13.42 per cent to Rs 770.87 crore for the quarter ended September 2007 compared to Rs 679.60 crore in the same quarter last year. Total income increased 18.20 per cent to Rs 3,481.63 crore from Rs 2,945.36 crore.


HDIL July-Sept net profit 2.29 bn rupees

Real estate firm Housing Development & Infrastructure Ltd has reported a net profit of 2.29 billion rupees for the July-September quarter, on net sales of 4.65 billion rupees.

Kotak Mahindra Bank Q2 net up over two-fold at Rs 241.45 cr

sector lender Kotak Mahindra Bank on Friday posted a more than a two-fold increase in net profit at Rs 241.45 crore for the quarter ended September 30, compared to Rs 93.90 crore for the same quarter last fiscal. The company's total income increased to Rs 1,811.78 crore for the second quarter ended September 30, against Rs 903.49 crore for the corresponding quarter in the year-ago period, Kotak Mahindra Bank said in a communique to the Bombay Stock Exchange. The standalone profit of the bank stood at Rs 75.38 crore for the September quarter, compared to Rs 34.80 crore for the same quarter in the previous fiscal.

Jindal Stainless July-September net down 57 pct

In its unaudited results for the quarter ended September 30, 2007, Jindal Stainless posted a net profit after tax of Rs 418.10 million for the quarter ended September 30, 2007 as compared to Rs 970.50 million for the quarter ended September 30, 2006

Andhra Bank Q2 net profit up 3.26%

Andhra Bank's net profit rose 3.26 per cent to Rs 151.21 crore in the quarter ended September 2007 compared to Rs 146.43 crore same quarter previous year.


Idea Cellular Q2 net profit doubles YoY

Federal Bank Q2 net profit up 37.24%

Deccan Chronicle July-Sept net at 826 mn rupees

JK Paper Q2 net up 13.6 pc

IL&FS Investsmart`s net declines 70.44% for Sep `07 qtr



Colgate-Palmolive Q2 earnings jump 2.36 times

Winro Commercial`s net up 31.90% for Sep `07 qtr

Tulip IT Services Q2 earnings climb 30.29%

Leading data communication services provider, Tulip IT (Q, N,C,F)* Services registered a substantial rise of 30.29% in net profit for the quarter ended September 2007, helped by 439 basis points rise in operating margin coupled with healthy revenue growth. During the quarter, the company saw a rise in net profit to Rs 370.84 million from Rs 202.48 million in the same quarter of the previous year. The company posted earnings per share of Rs 10.79 in this quarter.

OCL India net jumps 83.30% for Sep`07 qtr

Idea Cellular net rises 14% in Sep`07 qtr

Asahi India Q2 consolidated net falls 71.47%

Elecon Engineering Q2 net up 5.90%

Tata Steel net rises 8.11% for Sep `07 qtr

Cadila Healthcare Q2 consolidated net climbs 13.62%

ICSA net up 92.82% in Sep`07 qtr

ICSA (India) on standalone basis registered a stupendous 92.82% growth in net profit to Rs 288.80 million for the quarter ended September 2007 as compared with Rs 149.77 million for the corresponding quarter, last year.Net sales for the quarter rose 95% to Rs 1,462.31 million as compared with Rs 749.89 million for the same quarter, a year ago.

Syndicate Bank net up 10.97% in Sep`07 qtr

Micro Tech net up 60.75% for Sep `07 qtr

Bharat Forge net up 8.95% in Sep`07 qtr
Bharat Forge registered 8.95% growth in net profit to Rs 677.48 million for the quarter ended Sep. 30, 2007, from Rs 621.84 million in the corresponding quarter, last fiscal.
Net sales rose to Rs 5,632.24 million in the quarter ended Sep. 30, 2007, as against Rs 4,506.85 million in the same period last year, recording a growth of 24.97%.

BEL net dips 17.16% for Sep`07 qtr

Dabur Pharma Q2 net up 22%

Bata India net up 56.30% in Sep`07 qtr

Jindal Stainless net declines 56.91% in Sep`07 qtr


Dredging Corp Q2 net flat at Rs 358.60 mn

Prime Focus Q2 net up 58.44%

HCC net rises 2.78 times for Sep`07 qtr

Apollo Tyres net up 2.63 times in Sep`07 qtr

Apollo Tyres registered a stupendous 2.63 times growth in net profit to Rs 511.04 million for the quarter ended September 2007, as compared with Rs 193.70 million for the corresponding quarter, last fiscal.The rise in net profit can be mainly attributed to increase in other income and operating profit. Other income and operating profit surged 20.51 times and 86.23% respectively.Net sales for the quarter rose 10.03% to Rs 8,443.11 million, as compared with Rs 7,673.30 million for the same quarter, a year ago.

Bhagyanagar India profit climbs 46.48% for Sep`07

Bhagyanagar India registered 46.48% growth in net profit to Rs 101.47 million for the quarter ended Sep. 30, 2007 from Rs 69.27 million in the corresponding quarter, last fiscal

Gulf Oil Corporation net up 45.13% for Sep`07 qtr

Gulf Oil Corporation registered a 45.13% growth in net profit to Rs 52.09 million for the quarter ended September 2007 as compared with Rs 35.89 million for the corresponding quarter, last fiscal

Educomp Solutions net jumps 2.6 times in Q2

Educomp Solutions reported a 2.6 times jump in net profit at Rs 136.16 million for the second quarter ended September 2007, compared with Rs 50.63 million for the same quarter, last year. Net sales rose 2.27 times to Rs 449.42 million in the quarter, from Rs 197.13 million in the same quarter, a year ago.

Zuari Industries Q2 net up 6%

Action Construction net doubles in Sep`07 qtr

NMDC net up 22.4% for Sep`07 qtr

i-flex (consolidated) net down 6.5% in Q2

Deccan Chronicle net up 28.44% for Sep`07 qtr

Tata Coffee net dips 10.7% in Q2

DS Kulkarni net up 83% in Q2

Federal Bank net up 37.24% in Sep`07 qtr

Kerala-based Federal Bank (Q, N,C,F)* registered 37.24% rise in net profit to Rs 953.30 million for the quarter ended September 2007, from Rs 694.60 million in the quarter ended September 2006. Interest earned for the quarter rose 37.91% to Rs 5,981.50 million from Rs 4,337.10 million for the quarter ended September 2006.
Total income also rose 33.32%, to Rs 6,750.60 million for the quarter compared with Rs 5,063.20 million in the same quarter, last year.

Punjab Chemicals net doubles to Rs 45.3 mn for Sep`07 qtr

M&M Financial Services Q2 net rises 24.40%

Gujarat State Petronet net down 27.28% for Sep`07 qtr

Ratnamani Metals & Tubes net up 59.89% for Sep`07 qtr

Cummins India Q2 net up 6%

Kalpana Industries profit up 91.33% for Sep`07 qtr

Century Enka Q2 net climbs 24.48%

ING Vysya Bank net rises 11.08% in Sep`07 qtr

Sun Pharmaceutical net up 21.68% for Sep`07 qtr

TRF net up 4.09 times for H1FY08

Peninsula Land net falls 56.12% for Sep`07 qtr

National Fertilizers net rises 56.71% for Sep`07 qtr




HT Media Q2 net profit stood at Rs 32 cr

HT Media has declared its Q2 results. Its Q2 net profit stood at Rs 32 crore versus Rs 27 crore.




Atul Q2 net profit up at Rs 16 cr


JK Cement Q2FY08 net profit up at Rs 73 crore

JK Cement has declared its second quarter results. Its Q2FY08 net profit was up at Rs 73 crore from Rs 34 crore. ]

Pratibha Inds Q2 net prodit up at Rs 6.7 cr
Pratibha Industries has announced its Q2 FY08 result. The company in Q2 has reported net profit of Rs 6.7 crore versus Rs 3.7 crore, YoY basis.

Emkay Q2 net profit up at Rs 6.5 cr
Emkay in Q2 FY08 has reported net profit of Rs 6.5 crore versus Rs 2.2 crore on YoY basis.

NOCIL Q2 net profit down at Rs 1.4 cr



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