Company Results

South Indian Bank Posts Rs 30.3cr Q1 Net Profit

The South Indian BankThe South Indian Bank has posted its 1st Q results of FY08. The bank has announced the net profit of Rs 30.3 crore (Rs 303 million) in the first quarter versus Rs 15.05 crore (Rs 150.5 million) in corresponding quarter of previous year.

However, the CNBC-TV18 estimates articulated that, the bank's net profit in Q1 was expected to be up 56.8% at Rs 23.6 crore versus Rs 15.05 crore on YoY basis.

HDFC Bank Stock Dips Despite Good Q4 Numbers

HDFC BankHDFC Bank declined 1.15% to Rs 1154.70 in afternoon trading in spite of reporting 34.24% increase in net profit in Q1 June 2007.
The quarterly outcomes were declared during the market hours today 10 July 2007.

The scrip hit an intraday high of Rs 1185.95 and an intraday low of Rs 1145.60 during the day. On 28 May 2007, it has had its 52 week high of Rs 1274 and a 52 week low of Rs 693.10 on 19 July 2006.

IFCI Q1 Income Swings To 2468.6 Mn

Development financeThe Industrial Finance Corporation of India company IFCI climbed to a profit of Rs 2,468.6 million for the quarter ended Jun. 30, 2007 as compared to a loss of Rs 156.10 million in the same period of the last year (Jun. 30, 2006).

The Indian lender recorded profit of Rs 2.47 billion ($61 million) in the three months ended June 30. The earnings came up to Rs 3.5 billion in the three months to June 30 from Rs 2.52 billion.

The company’s operating income grew 38.86% to Rs 3,499.50 million for the quarter as against Rs 2,520.10 million for the corresponding quarter last year.

Akruti Nirman Q4 Net Profit At Rs 57.18cr

Akruti Nirman Ltd.Akruti Nirman has announced its fourth quarter results. The company has recorded net profit of Rs 57.18 crore for its fourth quarter ended June 30, 2007, as against Rs 571.8 million in the corresponding period of the last year.

The company posted net sales of Rs 92.68 crore as compared to Rs 926.8 million in the same period of the last year..

IFB Industries Sparkles On Strong Q4 March 2007 Results

In afternoon trade, IFB IndustriesIFB Industries beat the upper route of 20% at Rs 27.65 on reporting a 1,143.27% increase in net profit in Q4 March 2007. The final results were declared during the market hours.
During the day, the scrip touched an intraday high of Rs 27.65 and an intraday low of Rs 26. On 3 November, it touched a 52-week high of Rs 29.95 and a 52-week low of Rs 14.50 on 4 April 2007.
The IFB Industries scrip gained 32.47% over the last one month to 29 June 2007 as compared to the Sensex’s return of 0.73%. Over the last one quarter, the company outperformed the market gaining 34.40% as compared to the Sensex’s admiration of 12.07%.

Pfizer Bounces On Strong Q2 Results

PfizerOn reporting a 618.19% increase in net profit in Q2 May 2007, Pfizer lifted 1.18% to Rs 820.10 in afternoon trades. The quarterly results were declared during the market hours.

During the day, the scrip touched an intraday high of Rs 840 and an intraday low of Rs 808. It has had its 52-week high of Rs 965 on 10 October 2006 and 52-week low Rs 666.10 on 28 July 2006.

On BSE, there were 93,947 shares for trading on the counter. In the last one quarter, the standard daily volume in the stock was 9,795 shares. Its share price declined from Rs 852.20 to Rs 802.60 on 22 June 2007. It rose from here to reach Rs 810.50 on 27 June 2007.

Colgate Palmolive has shown remarkable performance

Colgate Palmolive Co.Colgate Palmolive Co. said, “Second quarter profit jumped more than analysts estimated on increased sales in Europe and Latin America and a weaker U.S. Dollar.”

Ranbaxy now Makes $100 Million Annually

Africa hasRanbaxy been a hushed moneymaker for India’s major drug manufacturing company Ranbaxy making around $100 million annually.

Now the company plans to invest up more funds in infrastructure and will establish a novel manufacturing plant in the continent.

At present, the company’s income from the continent amount to 7% of the company’s worldwide income. But returns from the county is cross-filing double-digit development.

Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate

Syndicate content