Surana Corporation has registered a significant jump in net profit for the quarter ended June 2007. The company declared a 49.07% profit growth to Rs 54.23 million from Rs 36.38 million in the corresponding period of the last year (2006).
The quarterly sales of the company slumped 38.35% to Rs 3,988.73 million as compared with the corresponding quarter, a year ago.
Operating margins augmented to 1.52% in the same quarter, which showed an increase of 26.50 basis points as against its previous quarter, a year ago.
Moscow: In order to enhance its modest Russian juice market share, US snack and beverage giant PepsiCo is all set to get hold of 76 per cent of Russia’s leading juice maker, Lebedyansky for $2 billion.
PepsiCo is making concluding discussions over the acquisition that will be the biggest ever in the worldwide juice industry. The deal would have effect before the year end.
Ambala: Presently Sonalika group’s International Cars and Motors (ICML) is working on a sports utility vehicle (SUV) model for which it has joined hands with an international design house and will
A board meeting of Procter & Gamble Hygiene & Health Care will be held on Aug. 24, 2007 to think about dividend recommendation for the year ended Jun, 30, 2007.