Marico recorded a turnover of Rs 601 crore during Q1FY09, a growth of 28% over Q1FY08. The growth was across all its businesses (consumer products in India, international business and Kaya skin solutions). More than half of the growth – about 15%- came from volume expansion. During the…

Read More..

Kanoria Chemicals & Industries Limited (KCI), India’s leading manufacturer of chemical intermediates, registered good performance for the first quarter ended June 30, 2008. KCI reported Sales Revenue of Rs 126 crore for Q1FY09. EBIDTA for the quarter stood at Rs 32.60 crore as agai…

Read More..

Bartronics India Ltd, Hyderabad-based company pioneering end-to-end solutions for Automatic Identification and Data Capture and Radio Frequency Identification, has posted a magnificent 393.50 per cent rise in net profit at Rs 2352.17 lakh for the first quarter ended on June 30, 2008. The…

Read More..

The Board of Directors of IDBI Bank Ltd. (IDBI Bank) met in Mumbai today to consider the financial results for the quarter ended June 30, 2008. The results have been reviewed by the Statutory Auditors. IDBI Bank reported a net profit of Rs. 160 crore for the quarter ended June 30, 2008, …

Read More..

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…

Read More..

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…

Read More..

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 …

Read More..

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…

Read More..

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…

Read More..

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 …

Read More..