Kavveri Telecom net climbs 3.65 times in Sep`07 qtrKavveri Telecom Products registered a 3.65 times growth in net profit to Rs 51.00 million, for the quarter ended September 2007, compared with Rs 13.96 million in the corresponding quarter, last fiscal.Net sales for the quarter increased 3.75 times, to Rs 403.97 million, as compared with Rs 107.68 million for the same quarter, a year ago.
Total income for the quarter also rose, 3.75 times to Rs 404.64 million, as against Rs 107.87 million for the corresponding quarter, a year ago.
Indian Bank net rises 46.37% in Sep`07 qtrChennai-based, Indian Bank
(Q,
N,
C,
F)* disclosed a phenomenal jump in net profit, for the quarter ended September 2007. During the quarter, the company experienced a 46.37% rise in profit to Rs 2,476 million from Rs 1,691.90 million in the same quarter, last year.
Total income rose 26.93% to Rs 14,931.40 million for the quarter ended September 2007, from Rs 11,763.10 million for the same period, a year ago.
On Quarter on Quarter basis, the bank reported a growth of 16.77% in its net profit. Its net profit for the reporting quarter stood at Rs 2,476 million, as compared to Rs 2,120.30 million in the previous quarter, ended June 2007.
Jaiprakash Associates Q2 net climbs 15.56%Jaiprakash Associates reported a growth of 15.56% in net profit for the quarter ended September 2007. During the quarter, the company experienced a rise in profit to Rs 1,040 million from Rs 900 million in the same quarter, last year.Net sales for the quarter climbed 14.11% to Rs 8,620 million, while total income for the quarter rose 11.95% to Rs 9,220 million, when compared with the corresponding quarter, a year ago. The company posted diluted earnings per share after extraordinary items of Rs 4.41 during the quarter.
UCO Bank net rises 9.77% for Sep `07 qtrKolkata-based, UCO Bank disclosed
(Q,
N,
C,
F)* a marginal rise in net profits for the quarter ended in September 2007. During the quarter, the company experienced a 9.77% rise in profit to Rs 1,105.30 million from Rs 1,006.90 million.
Interest earned for the quarter rose 21.28% to Rs 15,810.40 million compared with Rs 13,036 million in the corresponding quarter, a year ago.
Total income rose 22.94% to Rs 17,341.90 million for the quarter ended September 2007 from Rs 14,105.50 million for the same period last year.
Sasken Comm. net up 22% for Sep`07 qtrSasken Communication Technologies announced a 21.90% rise in net profit at Rs 140.08 million for the quarter ended September 2007 as compared with Rs 114.92 million for the quarter ended, September 2006.
Operating income for the quarter rose 12.30% to Rs 1,050.11 million as against Rs 935.07 million in the same quarter of the previous year.
Total income increased to Rs 1,129.08 million, for the quarter ended September 2007, from Rs 947.43 million for the quarter ended September 2006.
KLG Systel Q2 net soars 3.12 timesKLG Systel reported a phenomenal growth of 3.12 times in net profit for the second quarter ended September 2007. During the quarter, the company saw a rise in net profit to Rs 125.68 million from Rs 40.29 million in the same quarter of the previous year.
Substantial rise in operating margins together with phenomenal revenue growth rate helped the company to report excellent growth in earnings. Operating margins increased to 32.11% during the quarter compared with 26.64% in the corresponding quarter, a year ago. The net sales for the quarter jumped 2.44 times to Rs 571.47 million, while total income for the quarter surged 2.42 times to Rs 574.92 million, when compared with the corresponding quarter, a year ago.
We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.myiris.com and for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.