MUMBAI: ONGC today reported a 26% decline in net profit at Rs 4,848 crore for the first quarter ended June 30, 2009 when compared with Rs 6,636 crore in Q1FY09. Net sales also declined 26% to Rs 14,879 crore from 16,198 crore in Q1FY09. UTVi had estimated the bottomline to drop 28% and …
Continue reading...HDFC Q1 net up 21% at Rs 565 cr
Housing Development Finance Corporation Ltd (HDFC) today reported 20.68 per cent growth in net profit at Rs 564.92 crore for the first quarter ended June 30, 2009. The bank had a net profit of Rs 468.11 crore in the June quarter of the last fiscal, HDFC Ltd said in a filing to the Bombay…
Continue reading...Hindustan Zinc Q1 net at Rs 718.82 cr
Hindustan Zinc Ltd has announced the following unaudited results for the quarter ended June 30, 2009: The company has posted a net profit of Rs 718.82 crore for the quarter ended June 30, 2009 as compared to Rs 847.81 crore for the quarter ended June 30, 2008. Total Income has decreased f…
Continue reading...RComm inks Rs 10,000-cr deal with Etisalat India
Anil Dhirubhai Ambani Group company Reliance Communications said on Wednesday it has bagged a 10-year deal valued at Rs 10,000 crore from UAE-based Etisalat’s Indian telecom arm to manage the latter’s telecom infrastructure. Under the long-term passive infrastructure sharing …
Continue reading...No trace of Maytas funds in Satyam: Vineet Nayyar
HYDERABAD: In a fresh twist to the Satyam-Maytas saga, the top honchos of Mahindra Satyam denied having any knowledge of Rs 600 crore having found its way from Maytas Infra and Maytas Properties coffers into Satyam. Vineet Nayyar, executive vice-chairman of Mahindra Satyam, told TOI that…
Continue reading...Stocks Which Posted Very Good Results
Checkout the list of companies which have posted very good financial results for the past quarter. Triveni Engineering and Industries Ltd : Net profit of Triveni Engineering and Industries rose 61.83% to Rs 39.81 crore in the quarter ended June 2009 as against Rs 24.60 crore during the …
Continue reading...Falcon Tyres more-than-triples post open offer
The stock has, once again, ended at its 5% upper circuit of Rs 530.55. Only 716 shares were traded on the BSE today.Falcon Tyres was moving in the range of Rs 146-156 when the open offer was going on from 20 May to 10 June. The open offer price for the share was Rs 151.71. The stock has …
Continue reading...JSW Steel Q1 net dips 6% at Rs 234 cr
JSW Steel on Monday reported a 6.45 per cent decline in consolidated net profit at Rs 234.08 crore for the first quarter ended June 30, 2009, over the same period last year. The company had a net profit of Rs 250.23 crore in the same quarter ended June 2008, JSW Steel said in a filing to…
Continue reading...IDFC Q1 net at Rs 243.49 cr
Infrastructure Development Finance Company Ltd (IDFC) has announced the following unaudited results for the quarter ended June 30, 2009: All about 3G The company has posted a net profit of Rs 243.49 crore for the quarter ended June 30, 2009 as compared to Rs 204.73 crore for the quarter…
Continue reading...Suzlon wins order from Technomash Bulgarian Industrial
The project will come up in the province of Dobrich in North-East Bulgaria, and be supplied in financial year 2009-2010. Suzlon Energy has signed an agreement with Technomash Bulgarian Industrial Group to deliver 12.6 MW of capacity through six numbers of Suzlon S88-2.1 MW wind turbines….
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