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CORPORATE RESULTS
PRIVATE BANKS:
HDFC Bank Q2 net up 43% on higher interest income
Mumbai, Oct 16 HDFC Bank’s second quarter net profit grew 43 per cent to Rs 528 crore from Rs 368 ...
PRIVATE BANKS:
IndusInd Bank net rises 51%
Growth in core fee income, net interest income help. Mumbai, Oct. 16 IndusInd Bank’s net profit grew by 51 per cent to Rs 33.66 crore in the second quarter of 2008-09, aided by an increase in net interest income and growth in core ...
SOFTWARE:
Forex losses weigh on Sasken Q2 net
To foreclose buy-back scheme on October 24. Bangalore, Oct. 16 Foreign exchange losses of Rs 13.8 crore impacted Sasken Communication Technologies Ltd’s profit growth for the quarter-ended September 2008, even as the company decided to ...
TEXTILES:
Nakoda Textiles net up 20%
Nakoda Textiles Ltd posted a net profit of Rs 3.08 crore (Rs 2.55 crore), up 20 per cent as compared with that of the same period last year. The turnover was reported at Rs 199.61 crore, up 28 per cent for the same quarter. “We have ...
SOFTWARE:
GTL consolidated net up 40%
...
BIO-TECH & GENETICS:
Biocon Q2 net down 24%; pharma growth sustains sales
Bangalore, Oct. 16 Biocon Ltd said its second-quarter net profit took a loss of Rs 60 crore and dipped 23.8 per cent on exchange rate depreciation, while its revenue grew six ...
PUBLIC SECTOR BANKS:
Higher interest income lifts SBH net 30%
Hyderabad, Oct. 16 State Bank of Hyderabad (SBH) has reported a 30 per cent increase in net profit at Rs 185 crore for the second quarter ended September 30, 2008 compared with Rs 142 crore in the corresponding quarter of previous ...
AIRLINES:
Kingfisher Airlines cuts loss; rejigs board
Bangalore, Oct. 16 Kingfisher Airlines has announced its first results after taking over Deccan Aviation for the nine-month period ending March 31, 2008, with the airline’s net loss coming down by 24 per cent to Rs ...
CEMENT:
Chettinad Cement revives Rs 250-cr rights issue proposal
Chettinad Cement Corporation Ltd has approved and revived an earlier proposal for a rights issue to its shareholders to raise Rs 250 crore, according to information provided by the company to the ...
PESTICIDES:
Rallis net dips 59% in second quarter
Mumbai, Oct 16 Rallis India, a Tata Enterprise, announced a substantial drop in standalone net profit for the quarter ended September ...
SOFTWARE:
CMC’s consolidated net rises
CMC, a subsidiary of Tata Consultancy Services, has recorded a 17.7 per cent rise in consolidated net profit for the second quarter ended September 2008 to Rs 27.09 crore as against Rs 23 crore reported in the corresponding quarter a year ago. ...
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