Nakoda Textile Industries Ltd (NTIL) posted a robust 35 per cent growth in top line to touch 195.58 crore (YoY) for the second quarter ended June 30, 2008. The company’s EBITDA margin improved 98 basis points to 4.67 per cent as compared to the corresponding quarter last year. This was …
Continue reading...HDIL Q108-09 total income of Rs 588.03cr
Housing Development Infrastructure Ltd (HDIL),the infrastructure and real estate major has posted a net turnover of Rs.570.08 Crores for the quarter ended June 30, 2008 reflecting a growth of 28.60% over the first quarter of 2007-08. The net profit for the first quarter rose by 56.86% at…
Continue reading...Bilcare & MeadWestVaco jointly acquires International Labs
Bilcare Limited headquartered in India and USA based MeadWestvaco Corp. (NYSE: MWV) today announced the joint acquisition of pharmaceutical packaging company International Labs of St. Petersburg, Fla. This joint acquisition will leverage best-in-class capabilities for adherence-promoting …
Continue reading...iGATE Corporation’s revenues were $55.6mn, 15% increase
iGATE Corporation (Nasdaq: IGTE), an integrated technology and operations (iTOPS) company, has announced its financial results for the three months ended June 30, 2008. Second quarter highlights * Diluted earnings from continuing operations were $0.15 per share, a 67% increase from …
Continue reading...Sasken Q1 FY09 revenues at Rs 168.1cr, up 31%
Sasken Communication Technologies Limited (BSE: 532663, NSE: SASKEN) today announced its consolidated results according to Indian GAAP for the first quarter ended June 30, 2008. Key Financial Highlights for the quarter: Q1 FY 09 · Software services revenues grew 7 % Quarter on…
Continue reading...Sona Koyo Steering Sys sales up by 9% to Rs 201.1cr
The Board of Directors of Sona Koyo Steering Systems Ltd. (SONA), India’s largest manufacturer and supplier of Steering Systems, in Technical and Financial Collaboration with global No. 1 Steering System manufacturer viz. ‘JTEKT Corporation’, Japan (formerly Koyo Seiko C…
Continue reading...Apollo Tyres Q1 revenues up 15%
The Board of Directors of Apollo Tyres Ltd, today took on record the company’s unaudited results for the first quarter of the financial year 2008-09. Earlier in the day, at the 35th Annual General Meeting of the company, the shareholders approved the annual dividend payout of 50% per sh…
Continue reading...Wipro records 43% growth in total revenue (US GAAP)
Wipro Limited (NYSE:WIT) today announced financial results under US GAAP for its first fiscal quarter ended June 30, 2008. Highlights of the Results: * Total Revenues were Rs. 59.62 billion ($1.39 billion1), representing an increase of 43% over the same period last year. * Net …
Continue reading...Hikal’s net sales up by 63% to Rs 91.9cr
Hikal Ltd, the preferred long-term outsourcing partner for leading global life sciences companies, today declared impressive results for the first quarter ended 30th June, 2008. The company posted net sales of Rs. 91.9 crore witnessing a growth of 63% as compared to the first quarter of 2…
Continue reading...Polaris QoQ revenues up by 11% to Rs 316.98cr
Polaris Software Lab Limited (POLS.BO), a leader in Specialty Application Development in Banking, Financial and Insurance sector, today announced the first quarter results for FY 2008-2009. For the quarter ended 30th June 2008, consolidated revenue was Rs. 316.98 crore and Profit after T…
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