Highlights: * Record Revenue since Inception of the Company with revenue growth to Rs.269 crores, 49% up from Rs.180 crores. * EBITDA at Rs.55 crores in Q208, up 176% – Rs.20 crores in Q207. * EBT before exceptional items is Rs.34 crores. * PAT at Rs.(-)48 crores…
Continue reading...BoR Q1 net up to Rs 30.92cr
The Bank of Rajasthan Ltd., one of the leading private sector banks in the country, has announced net profit of Rs. 30.92 crore showing an increase of 2.49 % against net profit of Rs. 30.17 crore in the previous corresponding quarter. The Earning per Share (EPS) has gone up to Rs.2.30 dur…
Continue reading...Patni’s SAP ERP:Most Innovative IT Implementation
Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT services provider, today announced that its first-of-its-kind SAP ERP implementation for Shri Sant Gajanan Maharaj Sansthan (SSGMS) has been recognised as the ‘Best IT Implementation 2008’ in the �…
Continue reading...Morgan Stanley announces DMA trade in India
Morgan Stanley (NYSE:MS) today announced that it has executed the first Direct Market Access (DMA) trades in India through its electronic trading platform. The first customer DMA trade was completed on Friday, July 11, 2008. “We are proud to offer DMA on the Indian exchanges,” said S…
Continue reading...Ranbaxy wins UK SFO case
Ranbaxy Laboratories Limited (Ranbaxy) announced that the UK Serious Fraud Office’s (SFO) prosecution of its UK subsidiary, Ranbaxy (UK) Limited (RUKL), has been quashed by the English Crown Court. The Court also declined an application by the SFO for permission to appeal to the Eng…
Continue reading...Era Infra bags contract from NATRIP valued at Rs 30.98cr
Era Infra Engineering Ltd. through their construction & contracts division has bagged a contract from National Automotive Testing and R & D Infrastructure Project (NATRiP) valuing Rs 30, 98, 81,369. The scope of work for the contract involves construction of buildings and assoc…
Continue reading...Shri Lakshmi FY08 net profit up 66.18% to Rs 67.42cr
Shri Lakshmi Cotsyn Limited (SLCL), a technology driven, end to end multi product textile company reported a net profit of Rs 67.42 crore for the year ended June 30, 2008 a jump of 66.18% as compared to a net profit of Rs 40.57 crore posted in the same period of last year. Total revenue …
Continue reading...Supreme Infra net sales at Rs 7839 lakhs, up by 98%
Supreme Infrastructure India Ltd (SIIL) (BSE Scrip Code 532904), an Integrated Infrastructure Development company today, announced its un-audited financial results for the first quarter ended on June 30, 2008 for the FY 2008-09. Posting a robust growth for the three months ended on June 3…
Continue reading...Tech Mahindra Q1 revenues up by 29%
Tech Mahindra Limited, one of the largest solution providers in the telecom space, announced a 52% growth in net profit after tax and 29% increase in revenue for Q1 FY09 over the corresponding quarter in the previous year. The company reported consolidated net profit after tax of USD 62.5…
Continue reading...Voltas Q1 Sales up by 22%
The Board of Directors of Voltas Limited, a global air conditioning and engineering services provider of the Tata Group, have today announced the Unaudited Financial Results, including the Segment Report, for the quarter ended June 30, 2008. Quarter ended June 30, 2008 The Company’s S…
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