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3i Infotech revenue grows to Rs 471.62cr

Posted on: July 25th, 2008 and is filed under Press Releases.

3i Infotech, a global provider of IT solutions and one of India’s largest and fastest growing software product companies, today announced its operating results for the quarter ended June 30, 2008. FINANCIAL HIGHLIGHTS The operations for the quarter include one month’s revenues and …

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Grasim’s consolidated net profit at Rs 672cr

Posted on: July 25th, 2008 and is filed under Press Releases.

Grasim, an Aditya Birla Group Company, today announced its results for the quarter ended 30th June, 2008. The Company’s Revenues for the quarter were at Rs.4,430 crores (Rs.4,060 crores). Net Profit was marginally higher at Rs.672 crores (Rs.670 crores). Viewed in the context of the gen…

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GDL Q1 revenue up 10% to Rs 96.2cr

Posted on: July 25th, 2008 and is filed under Press Releases.

Gateway Distriparks Ltd (GDL) has reported good growth in volumes, revenues and profits in the quarter ended 30 June 2008. The fully diluted earnings per share (EPS) in Q-1 FY 09 was Rs 1.80. Segment-wise performance (Q-1 FY 09 vs Q-4 FY 08) : CFS Business : Throughput was lower by 1 %…

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Pantaloon Retail boards approves 1:10 bonus issue

Posted on: July 25th, 2008 and is filed under Press Releases.

The Board of Directors of Pantaloon Retail (India) Limited today approved a bonus issue of shares with differential voting rights (DVR) to the existing shareholders of the company, subject to necessary shareholder and regulatory approvals. The bonus issue has been structured in a unique …

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Total income of CRISIL Ltd is at Rs 98.59cr

Posted on: July 24th, 2008 and is filed under Press Releases.

The Board of Directors of CRISIL Limited, at its meeting held today, approved the Unaudited Financial Results for the second quarter ended June 30, 2008. The consolidated total income of the CRISIL group for the second quarter ended June 30, 2008, was Rs.132.31 crores as against Rs. 96.9…

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Mayfield Fund & SVB to invest $11mn in Geodesic Techniques

Posted on: July 24th, 2008 and is filed under Press Releases.

Geodesic Techniques, a leading player in steel-based construction, today announced that the company has received an investment of about $11 mn (Rs. 45 crores) from Mayfield & SVB in return for a minority stake. Mayfield led the round. The funds will be utilized for setting up a steel…

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Omnitech bags orders worth Rs 40cr in Q1

Posted on: July 24th, 2008 and is filed under Press Releases.

With orders worth Rs. 40 crore bagged in Q1, in the area of IMS which is one of the fastest growing areas, Omnitech InfoSolutions Ltd. is well-ensconced as India’s leading Business Availability and Business Continuity Services Provider. The overall deal value of IMS contracts and turnk…

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Marico steps up topline growth up 28%

Posted on: July 24th, 2008 and is filed under Press Releases.

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…

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Kanoria Chemicals net profit at Rs 5.68cr

Posted on: July 24th, 2008 and is filed under Press Releases.

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…

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Asian Paints cons net profit increases by 29.6%

Posted on: July 23rd, 2008 and is filed under Press Releases.

Asian Paints today announced their financial results for the first quarter ended June 30, 2008. Consolidated Results: Q1-FY’09: For the quarter ended June 30, 2008, on consolidation of accounts of the subsidiaries and joint venture of Asian Paints – Net Profit of the Group has increa…

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