Results: Suzlon, Yesbk,Fintech,CBI,Daburpharma, JSW steel,Titan, NALCO,Videocon, PSTL,Adlabs etc

Yes Bank Q1 standalone net jumps 50.92%
Yes Bank reported a substantial rise in its standalone net profit for the first quarter ended June 2008. During the quarter, the profit of the company rose 50.92% to Rs 543.30 million from Rs 360 million in the same quarter, previous year. The company reported earnings of Rs 1.83 a share during the quarter, registering 41.86% growth over previous year period.

Parsvnath Developers Q1 net declines 15.59%
Provogue (India) net rises 27.67% in Jun`08 qtr

Financial Tech Q1 net profit at Rs 169.9 cr
has announced its first quarter numbers. Its Q1 standalone net profit stood at Rs 169.9 crore.


Finolex Cable Q1 net profit at Rs 45 cr
Finolex Cable has declared its first quarter numbers. Its Q1 net profit before exceptional items rose to Rs 45 crore versus Rs 31.8 crore.

Brigade Ent Q1 net profit at Rs 26.56 cr
HTMT Global Sol Q1 net profit at Rs 20.07 cr

Balrampur Chini Q3 net profit at Rs 16.9 cr
Balrampur Chini has declared its third quarter results. The company's Q3 standalone net profit was at Rs 16.9 crore versus net loss of Rs 47.3 crore.

Dabur Pharma Q1 net profit at Rs 27.7 cr
Dabur Pharma has announced its first quarter results. The company Q1 net profit was at Rs 27.7 crore.

Jindal Saw Q1 net profit at Rs 70.2 cr

Titan Ind Q1 net profit up at Rs 32.2 cr
Titan Industries has declared its first quarter results. The company's Q1 standalone net profit was up at Rs 32.2 crore versus Rs 12.6 crore.

NALCO Q1 net profit at Rs 525 cr
National Aluminium Company (NALCO), has declared its results for the quarter ended June 2008 (Q1). The company's net profit was at Rs 525 crore versus Rs 446.7 crore.

Cummins India Q1 standalone net rises 37.83%
Cummins India reported a considerable rise in standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company rose 37.83% to Rs 882.40 million from Rs 640.20 million in the same quarter last year.
The company posted earnings of Rs 4.46 a share during the quarter, registering 38.08% growth over previous year period.

Federal Bank Q1 net rises marginally by 1.81%
Gayatri Project Q1 net profit up at Rs 11.2 cr

JSW Steel Q1 cons net profit at Rs 250.23 cr
JSW Steel has declared its first quarter results. The company's Q1 consolidated net profit was down at Rs 250.23 crore versus Rs 426.17 crore, YoY.

Allied Digital net jumps 73.04% in Jun`08 qtr
Allied Digital Services reported a phenomenal rise in its standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company rose 73.04% to Rs 156.60 million from Rs 90.50 million in the same quarter, previous year.The company reported earnings of Rs 9.05 a share during the quarter, registering 27.64% growth over prior year period.

Videocon Ind Q1 net profit at Rs 255 cr
The company's Q1 net profit was at Rs 255 crore.

Pyramid Saimira net drops 15.69% for Jun`08 qtr
Pyramid Saimira Theatre announced a sharp drop in standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company declined 15.69% to Rs 134.97 million from Rs 160.08 million in the same quarter last year. The company reported earnings of Rs 4.77 a share during the quarter, registering 15.72% decline over previous year period.

Kesoram Ind Q1 net profit up at Rs 118.49 crore
BEML Q1 net loss at Rs 17.43 cr

Nagarjuna Cons Q1 net profit at Rs 37.08 cr
Nagarjuna Construction has come out with first quarter numbers. Its Q1 standalone net profit increased at Rs 37.08 crore from Rs 36.03 crore.

AIA Engg Q1 cons net profit at Rs 39.8 cr
Bharat Forge Q1 cons net profit at Rs 40.9 cr
KEC International Q1 net profit at Rs 25.5 cr
Piramal Life Q1 net loss at Rs 21.3 cr

Shriram Transport Q1 net profit at Rs 144 cr
Its Q1 net profit increased at Rs 144 crore from Rs 75 crore YoY.

Arvind Q1 net profit at Rs 3.8 cr

Yes Bank Q1 net profit up 50% at Rs 54 cr
Its Q1 net profit rose by 50% at Rs 54 crore from Rs 36 crore, which was way above estimated amount of Rs 48.73 crore.

Texmaco Q1 net profit at Rs 22 cr

Castrol India Q2 net profit at Rs 82.8 cr
The company's net profit was at Rs 82.8 crore versus Rs 65.9 crore.

BSEL Infra Q1 cons net profit at Rs 3.5 cr
Madhucon Proj Q1 net profit at Rs 14.8 cr
Aarti Industries Q1 net profit at Rs 33.2 cr

GMDC Q1 net profit at Rs 72.3 cr
The company's Q1 net profit was at Rs 72.3 crore versus Rs 65.2 crore.

Radico Khaitan Q1 net profit at Rs 6.8 cr

Everest Kanto Q1 cons net profit at Rs 35 cr
Its Q1 consolidated net profit was at Rs 35 crore versus Rs 22.2 crore.

Gujarat Alkalies Q1 net profit at Rs 54.5 cr
Its Q1 net profit was at Rs 54.5 crore versus Rs 50.5 crore.

Suzlon Energy Q1 net up 97% at Rs 39.4 cr
It has posted 97% growth in its Q1 consolidated net profit of Rs 39.4 crore as against Rs 20 crore.

Indiabulls Real Estate Q1 net profit at Rs 6.8 cr
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Other Results:
PNB Gilts reports net loss of Rs 56.01 crore in the June 2008 quarter
Asian Electronics net profit declines 93.78% in the June 2008 quarter
Birla Corporation net profit declines 5.81% in the June 2008 quarter
Bharat Bijlee net profit declines 39.21% in the June 2008 quarter

Voltamp Transformers net profit rises 36.05% in the June 2008 quarter
Net profit of Voltamp Transformers rose 36.05% to Rs 23.17 crore in the quarter ended June 2008 as against Rs 17.03 crore during the previous quarter ended June 2007. Sales rose 31.62% to Rs 170.15 crore in the quarter ended June 2008 as against Rs 129.27 crore during the previous quarter ended June 2007.

Vakrangee Softwares net profit rises 96.41% in the June 2008 quarter
Prithvi Information Solutions reports net loss of Rs 6.99 crore in the June 2008 quarter
Apar Industries net profit rises 32.89% in the June 2008 quarter
Blue Dart Express net profit rises 20.35% in the June 2008 quarter
Uttam Galva Steels net profit rises 16.88% in the June 2008 quarter
Dabur Pharma net profit declines 79.21% in the June 2008 quarter
Videocon Industries net profit rises 4.06% in the June 2008 quarter

Mahanagar Telephone Nigam net profit rises 15.15% in the June 2008 quarter
Net profit of Mahanagar Telephone Nigam rose 15.15% to Rs 115.20 crore in the quarter ended June 2008 as against Rs 100.04 crore during the previous quarter ended June 2007. Sales declined 6.08% to Rs 1121.65 crore in the quarter ended June 2008 as against Rs 1194.27 crore during the previous quarter ended June 2007

JSW Steel net profit declines 53.18% in the June 2008 quarter
Balrampur Chini Mills reports net profit of Rs 16.85 crore in the June 2008 quarter
Bajaj Hindusthan reports net loss of Rs 35.41 crore in the June 2008 quarter
Opto Circuits (India) net profit rises 30.56% in the June 2008 quarter

Titan Industries net profit rises 154.91% in the June 2008 quarter
Net profit of Titan Industries rose 154.91% to Rs 32.22 crore in the quarter ended June 2008 as against Rs 12.64 crore during the previous quarter ended June 2007. Sales rose 23.25% to Rs 810.31 crore in the quarter ended June 2008 as against Rs 657.47 crore during the previous quarter ended June 2007.

Central Bank of India reports net profit of Rs 59.32 crore in the June 2008 quarter
Central Bank of India reported net profit of Rs 59.32 crore in the quarter ended June 2008. Total operating income reported at Rs 2411.29 crore in the quarter ended June 2008.

Nagarjuna Construction Company net profit rises 2.91% in the June 2008 quarter
Shriram City Union Finance net profit rises 58.81% in the June 2008 quarter
Shriram Transport Finance Company net profit rises 87.74% in the June 2008 quarter
IQMS Software net profit rises 94.74% in the June 2008 quarter
Karuturi Global net profit rises 32.68% in the June 2008 quarter
Bongaigaon Refinery & Petrochemicals net profit rises 37.86% in the June 2008 quarter
Gokul Refoils and Solvent reports net profit of Rs 22.18 crore in the June 2008 quarter
Alok Industries net profit declines 48.46% in the June 2008 quarter
Numeric Power Systems net profit rises 44.44% in the June 2008 quarter

Source: indiaearnings, capitalmarket

Personality of the Day: Venugopal Dhoot, Videocon

Venugopal Dhoot

Venugopal Dhoot (Born 1944 in Mumbai, India) is an Indian business tycoon. He is an alumni of prestigious Sydenham College, Mumbai. He was born into a wealthy farming family. He is married, and has two children. His personal fortune is estimated as the equivalent of 1.6 Billion United States dollars, making him a billionaire. His father, the late Nandlal Madhavlal Dhoot, set his sons up in his business, Videocon Electronics. The company's major breakthrough came when it received one of India's first licenses to make color televisions. As of 2006, Venugopal is its chairman, and it now makes a wide range of electric and electronic items. His company recently bought a color picture tube unit from the French company Thompson SA, and a refrigerator business from Swedish company Electrolux. According to Forbes, he is the eighteenth richest man in India. His brother, Rajkumar, is a member of the Indian Parliament.

More @ http://en.wikipedia.org/wiki/Venugopal_Dhoot




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