Colgate-Palmolive (India) Limited today reported net sales of Rs. 407.6 Crore for the quarter ended June 30, 2008, a 16% increase over the same quarter of the previous year. Net profit for the quarter is Rs. 71.9 Crore, an increase of 18% over the same quarter of the previous year. Drivi…
Continue reading...Seagate Technology’s annual net income increases to $1.3bn
Seagate Technology (NYSE: STX) reported disc drive unit shipments of approximately 43 million, revenue of $2.9 billion, GAAP net income of $160 million, and diluted net income per share of $0.32 for the quarter ended June 27, 2008. GAAP net income and diluted net income per share includes…
Continue reading...Ranbaxy & Daiichi Sankyo confirm deal is binding & final
Following intense speculation in sections of the media and the stock market, Daiichi Sankyo Company, Limited (Daiichi Sankyo) and Ranbaxy Laboratories Limited (Ranbaxy) reiterate that the agreement between Daiichi Sankyo, Ranbaxy and the Singh family, the largest controlling shareholders …
Continue reading...Biocon’s revenues Rs 277cr, EBITDA Rs 70cr
Biocon Limited today announced its financial performance for the three months ended June 30th, 2008. PERFORMANCE HIGHLIGHTS * Sales on a like for like basis (i.e. excluding enzymes) increased by 7%. * Pre tax profits at a consolidated level were impacted by exchange losses acr…
Continue reading...SKNL’s Q1FY09 revenues up by 41.1% to Rs 5351.5mn
SKNL, a pioneer in manufacturing and distributing branded textile and ready to wear clothing, today announced its results for the quarter ended 30 June 2008. Financial performance update Q1 FY2009 results compared with Q1 FY2008 results: Revenues at Rs 5351.5 million compared to Rs 379…
Continue reading...TTML’s quarterly revenues cross Rs 500cr
Tata Teleservices (Maharashtra) Limited today announced its quarterly results for the period April 2008 to June 2008. Quarterly Highlights: The subscriber base stands at 5.6 mn – an increase of 62% over the corresponding quarter of the previous year. Revenues grew 23% to Rs. 504.89 c…
Continue reading...Modern India records 180% growth in income
Modern India Ltd., a conglomerate with a focus on real estate sector announced excellent results for the first quarter of the 2009 fiscal. During the period, income from operations was Rs. 5103.10 lacs, a 180.83% growth from Rs. 1817.13 lacs for the same period last fiscal. The PAT of the…
Continue reading...Parsvnath Developers to develop knowledge city
Parsvnath Developers Limited (PDL), India’s leading company in real estate and infrastructure space has announced an association with Mr. Sabeer Bhatia and HSIIDC jointly promoted Nano City Haryana Limited to develop a knowledge city spread over an area of 11,000 acres in Panchkula nea…
Continue reading...SAIL Rourkela Steel Plant wins Gold medal
SAIL Rourkela Steel Plant has been awarded a Gold Medal for commendable adoption of EPS, implemented by buyjunction, the sourcing service unit of mjunction services limited, India’s largest eCommerce company- promoted by SAIL and TATA Steel. The award conferred by the Department of Admi…
Continue reading...Refex Refrigerants sales up by 329%, Net profit up by 132%
Refex Refrigerants Ltd, a Chennai based leading refrigerants manufacturing company and BSE listed company, has announced strong Unaudited Financial Results for the quarter ended June 30, 2008. High Lights- First Quarter 2008 – 09 Quarterly Sales increased to Rs.68.8 crores up by …
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