Friday, July 31, 2009

Q1 RESULTS ANNOUNCED ON 30TH JULY09

Tata Chemicals net up 61% on demand push31 Jul 2009, 0030 hrs IST
Tata Chemicals, makers of the popular Tata Salt brand, on Thursday said its standalone first quarter net profit grew 61% due to robust local demand and lower input price.
Bajaj Electricals consolidated net up 63% 31 Jul 2009, 0029 hrs IST
City-based Bajaj Electricals, a leading player in the consumer electronics and lighting space, has posted a 63% growth in its consolidated net profit at Rs 16.4 crore in the June quarter mainly due to operational efficiencies and lower raw material costs.
SBI beats forecast, net vaults 42% 31 Jul 2009, 0027 hrs IST
Buoyed by treasury gains, the country’s largest lender, State Bank of India (SBI), beat market estimates to post a 42% rise in net profit at Rs 2,330 crore against Rs 1,641 crore a year ago.
SBI Life posts Rs 38-crore profit in Q1 31 Jul 2009, 0026 hrs IST
After suffering a Rs 26-crore marked-to-market loss in FY09 (April-March), SBI Life Insurance has bounced back with a Rs 38-crore net profit in Q1FY10, which has helped the company wipe out earlier losses and carry forward Rs 17 crore to the balance sheet.
SAIL profit dips 28% in Q1 31 Jul 2009, 0024 hrs IST
Steel Authority of India (SAIL), the country’s largest steel maker, has posted a 27.7% decline in its net profit to Rs 1,326.09 crore in the first quarter of 2009-10 compared with Rs 1,835 crore in the same period last year, due to the global downturn and sluggish steel demand.
Patel Engg net rises 25% to Rs 36 cr 31 Jul 2009, 0020 hrs IST
A higher share in key projects has helped engineering and construction company Patel Engineering to post a 25% rise in its consolidated net profit at Rs 36 crore for the first quarter ended June 30, 2009, compared with Rs 29 crore for the corresponding quarter for the last fiscal.
Parsvnath Q1 profit slides 81% 31 Jul 2009, 0019 hrs IST
Delhi-based Parsvnath Developers on Thursday said it is in talks with investors to raise $100-150 million in fresh equity through qualified institutional placement (QIP) within the next two months.
Sales light up RInfra show, net rises 25% 31 Jul 2009, 0017 hrs IST
Reliance Infrastructure, part of Anil Ambani-controlled ADAG, on Thursday said its net profit for the first quarter ended June grew 25.3% due to higher energy sales and improved utilisation of power-generating plants.
IOC profit jumps 8-fold to Rs 3,683 cr 31 Jul 2009, 0015 hrs IST
State-owned Indian Oil Corporation (IOC), country’s largest oil refining and marketing firm, has recorded an eight-fold jump in its net profit for the first quarter of 2009-10, IOC chairman Sarthak Behuria said.
Simbhaoli Sugars net at Rs 59 crore 31 Jul 2009, 0012 hrs IST
Simbhaoli Sugars on Thursday said that it has posted a net profit of Rs 59.4 crore for the quarter ended June 30, 2009, compared with a net loss of Rs 12.4 crore in the same period last year.
Goodricke net rises over 2-folds to Rs 8.54 cr in Q2 30 Jul 2009, 2030 hrs IST
Goodricke Group Ltd, engaged in tea plantation and processing business, announced Rs 8.54 crore net profit in the second quarter ended June 30, 2009, up more than 2-folds over the corresponding period a year ago.
Nestle Q2 net up by 33pc to Rs 162 cr 30 Jul 2009, 1929 hrs IST
FMCG major Nestle on Thursday posted a 33.8 per cent increase in its net profit at Rs 162 crore in the quarter ended June 30, 2009, compared to the same period last year.
Educomp Solutions Q1 net jumps two-fold to Rs 36 cr 30 Jul 2009, 1829 hrs IST
IT education services provider Educomp Solutions said its consolidated net profit surged two-fold to Rs 36.27 crore in the first quarter ended June 30, 2009.
Reliance Infra Q1 net up 25 pc to Rs 317 cr 30 Jul 2009, 1819 hrs IST
Anil Ambani group firm Reliance Infrastructure reported a net profit of Rs 316.57 crore for the first quarter ended June 30, 2009, up 25.35 per cent over the corresponding period last fiscal.
UBI Q1 net profit rises 65 per cent 30 Jul 2009, 1723 hrs IST
United Bank of India (UBI) net profit in the first quarter of 2009-10 increased 65 per cent touching Rs 70.28 crore as compared to the corresponding period last fiscal.
PTC India Q1 net up 77 pc to Rs 33 cr 30 Jul 2009, 1705 hrs IST
Power trading firm PTC India on Thursday reported a 77.01 per cent jump in net profit to Rs 33.33 crore for the first quarter ended June 30, 2009.
Bank of Maharashtra Q1 net doubles to Rs 101 cr 30 Jul 2009, 1702 hrs IST
Bank of Maharashtra has posted a robust growth in its net profit, which has jumped by over two-fold to Rs 101.79 crore during the first quarter ended June 30.
Steel Authority of India net slips 27% 30 Jul 2009, 1635 hrs IST
SAIL reported 27.7% fall in net to Rs 1,326 cr for quarter ended June 30, as compared to Rs 1,835.1 cr in last year.
Oracle Financial Q1 net profit up 76 pc 30 Jul 2009, 1556 hrs IST
Oracle Financial Services Software on Thursday said its consolidated net profit rose by 75.99 per cent to Rs 185.78 crore for the first quarter ended June 30, 2009.
Mahindra & Mahindra Q1 net at Rs 400 cr 30 Jul 2009, 1429 hrs IST
Automobile major Mahindra & Mahindra on Thursday reported a net profit of Rs 400.85 crore in the first quarter ended June 30 against Rs 159.30 crore in the same quarter last year.

Mundra Port Q1 net zooms 76 pc to Rs 170 cr 30 Jul 2009, 1421 hrs IST
Mundra Port and Special Economic Zone on Thursday reported a growth of over 76 per cent in its net profit to Rs 170.75 crore for the first quarter ended June 30 over the corresponding period a year ago.
Patni Computer net profit surges 92% QoQ 30 Jul 2009, 1413 hrs IST, Patni Computer Systems, a mid-size IT company, reported better than expected results for the quarter ended June 2009.
IOC Q1 net profit at Rs 3,682.83 cr 30 Jul 2009, 1334 hrs IST
Indian Oil Corporation today reported a net profit of Rs 3,682.83 crore for the first quarter ended June 2009.
State Bank of India Q1 net up 42 pc, beats forecast 30 Jul 2009, 1248 hrs IST
State Bank of India, the country's largest lender, reported a 42 per cent rise in quarterly profit, beating forecasts, on gains from trading in bonds and currencies.
Alok Industries Q1 net profit up 12.91 pc 30 Jul 2009, 1149 hrs IST
Textile player Alok Industries on Thursday reported a jump of 12.91 per cent in its net profit for the first quarter of the fiscal at Rs 32.01 crore as compared to Rs 28.35 crore during the corresponding period last year.
Apollo Hospitals net rises 16% to Rs 118 crore 30 Jul 2009, 0030 hrs IST
Apollo Hospitals has reported a 15.6% rise in net profit at Rs 118 crore (including an extraordinary item of Rs 4 crore) for the year ended March 31, 2009, from Rs 102 crore in the year-ago period.
Aditya Birla Nuvo Q1 net loss at Rs 35 crore 30 Jul 2009, 0018 hrs IST
Aditya Birla Nuvo, the diversified company of the Aditya Birla group, on Wednesday, said its consolidated net loss in the first quarter widened to Rs 35.3 crore, compared with a loss of Rs 28.3 crore in the previous year, due to slower sales in some businesses.
Lupin net rises 25% on strong sales 30 Jul 2009, 0018 hrs IST
Drugmaker Lupin recorded a 25% growth in its net profit at Rs 140.1 crore during the first quarter ended June 30, 2009, against Rs 112 crore in the corresponding quarter of the previous year, on the back of robust sales across its geographies.
BPCL posts net profit of Rs 614 cr 30 Jul 2009, 0017 hrs IST
Forex and inventory gains helped state-owned Bharat Petroleum (BPCL) to post a net profit of Rs 614 crore in the June quarter, against a net loss of Rs 1,067 crore in the same quarter last year.
Sun Pharma Q1 profit drops 67% to Rs 164 cr 30 Jul 2009, 0016 hrs IST, Sun Pharma reported an unprecedented 67% drop in its consolidated net profit to Rs 163.8 crore for the quarter ended June 2009.

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