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Posted on: July 21st, 2008 and is filed under Press Releases.

Nakoda Textiles net profit up 56% to Rs 3.58cr

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 …

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Posted on: July 21st, 2008 and is filed under Press Releases.

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…

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Posted on: July 21st, 2008 and is filed under Press Releases.

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 …

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Posted on: July 18th, 2008 and is filed under Press Releases.

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 …

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Posted on: July 18th, 2008 and is filed under Press Releases.

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…

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Posted on: July 18th, 2008 and is filed under Press Releases.

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…

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Posted on: July 18th, 2008 and is filed under Press Releases.

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…

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Posted on: July 18th, 2008 and is filed under Press Releases.

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 …

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Posted on: July 17th, 2008 and is filed under Press Releases.

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…

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Posted on: July 17th, 2008 and is filed under Press Releases.

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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