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, …

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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…

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The Bank of Rajasthan Ltd., one of the leading private sector banks in the country, has announced net profit of Rs. 30.92 crore showing an increase of 2.49 % against net profit of Rs. 30.17 crore in the previous corresponding quarter. The Earning per Share (EPS) has gone up to Rs.2.30 dur…

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Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT services provider, today announced that its first-of-its-kind SAP ERP implementation for Shri Sant Gajanan Maharaj Sansthan (SSGMS) has been recognised as the ‘Best IT Implementation 2008’ in the �…

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Era Infra Engineering Ltd. through their construction & contracts division has bagged a contract from National Automotive Testing and R & D Infrastructure Project (NATRiP) valuing Rs 30, 98, 81,369. The scope of work for the contract involves construction of buildings and assoc…

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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 …

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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…

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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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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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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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