As a listed IT services business company, NIIT Technologies, announced a net profit of Rs 36.7 crore for the second quarter ended 30 September, a 7% growth over the corresponding period a year-ago.
The revenues of the company grew 13 per cent to Rs 258.7 crore from its revenues in the corresponding quarter in the last year.
New York - Johnson & Johnson, a New Brunswick-based pharmaceuticals and cosmetics company, has raised its profit forecast for the year, following the release of strong third quarter results.
Profits rose 30 per cent in the third quarter to 3.3 billion dollars. The company said Tuesday that sales have risen 6 per cent to 15.9 billion dollars due to strong exports.
The company's cosmetics and personal hygiene lines, such as bebe, Penaten and Neutrogena, did particularly well. Medical technology divisions also performed strongly.
Technology giant Infosys Technologies, which develops applications, designs supply chains and offers back-office services, has announced better-than-expected results for the three month period ended Sep 30, 2008, helped by a weaker rupee.
After tax and minority interest, the company has registered a growth of 30.18% in its consolidated net profit, which stood at Rs 14,320 million as against Rs 11,000 million for the corresponding period of the last year (Sep 2007).
Indiabulls Real Estate, one of the largest listed real estate companies in India, has announced a consolidated net profit of Rs 7.99 crore for the second quarter ended September 30, a 76.60% decline over the corresponding period a year-ago.
The company had a consolidated net profit of Rs 34.15 crore in the second quarter ended September 30, 2007.
The consolidated total Income has increased from Rs 78.21 crore for the quarter ended September 30, 2007 to Rs 143.82 crore for the quarter ended September 30, 2008.
Kolkata-based Balmer Lawrie & Company (BLC) Limited, a diversified public sector conglomerate, has informed that it will keep its UK subsidiary, before being sold off to TAL International Container Corporation of USA (TAL).
BLC expects that the move would help in its overseas operation. The company’s UK arm is engaged in leasing and hiring marine freight containers.
Apart from this, the company will look for other lines of business for Balmer Lawrie UK (BLUK).
At present, BLC has only Rs 100 crore cash surplus on its balance sheets, and may have to go for debt to fund an acquisition.
As a listed IT services business company, NIIT Technologies, announced a net profit of Rs 36.7 crore for the second quarter ended 30 September, a 7% growth over the corresponding period a year-ago.
A net profit of Rs 402.91 crore was posted by Axis Bank durin
New York - Johnson & Johnson, a New Brunswick-based pharmaceuticals and cosmetics company, has raised its profit forecast for the year, following the release of strong third quarter results.
Technology giant Infosys Technologies, which develops applications, designs supply chains and offers back-office services, has announced better-than-expected results for the three month period ended Sep 30, 2008, helped by a weaker rupee. 
Indiabulls Real Estate, one of the largest listed real estate companies in India, has announced a consolidated net profit of Rs 7.99 crore for the second quarter ended September 30, a 76.60% decline over the corresponding period a year-ago.
