The Tata Power Company Limited, India’s largest integrated private power company, today announced its Annual Results for the financial year ended 31st March 2008. FINANCIAL HIGHLIGHTS- FY08: For the Financial Year Ended 31st March 2008, Tata Power reported revenues at Rs.5915.91 Crore…
Tata Power’s net profit up by 24.84% at Rs 869.90cr
Posted on: June 23rd, 2008 and is filed under Press Releases.
JK Tyre acquires Tornel 100% shareholding for Rs 2700mn
Posted on: June 23rd, 2008 and is filed under Press Releases.
JK Tyre & Industries Ltd., has acquired 100% shares of Tornel, the Mexican Tyre company, along with its subsidiaries, for Rs. 2700 million. The acquisition has been made through Special Purpose Vehicle (SPV) route, which has been financed through a combination of equity and debt. The…
Atul’s operating revenues at Rs 1014cr, growth of 11%
Posted on: June 23rd, 2008 and is filed under Press Releases.
During the year ended March 31, 2008 the operating revenues crossed an important milestone of Rs 1000 crores; at Rs 1014 crores they recorded a notable growth of 11% despite appreciation of Rupee by 12% which adversely impacted export sales realization. Domestic sales grew by 20% and expo…
Deutsche increase stake in ICSA to 5.08%
Posted on: June 23rd, 2008 and is filed under Press Releases.
ICSA (India) Ltd, the fastest growing company in the power sector has witnessed the Foreign Institutional Firm Deutsche Securities Mauritius Limited, along with its Persons acting in concert, increased their stake in the company to 2237737 shares (5.08%) through open market purchase. “…
Suashish Diamonds to invest Rs 150cr in new facility
Posted on: June 23rd, 2008 and is filed under Press Releases.
Suashish Diamonds Ltd is planning to invest about Rs. 150 Crores in setting up a new state-of-the-art manufacturing facility at Mumbai’s Santacruz Electronic Export Processing Zone (SEEPZ). The investments will be made through the company’s wholly owned subsidiary Suashish Jewellery L…
Hindalco Industries cons turnover Rs 60013cr
Posted on: June 22nd, 2008 and is filed under Press Releases.
Hindalco Industries Ltd., the flagship company of the Aditya Birla Group, today announced its consolidated and standalone audited financial results for the year ended 31 March 2008. FY 2008 Performance Standalone Results The total revenue for the year at Rs. 19,201 crores reflects a gr…
Future Capital standalone income grows 775% to Rs 814mn
Posted on: June 22nd, 2008 and is filed under Press Releases.
Future Capital Holdings Limited’s standalone income has grown 775% to Rs 814 million for the year ended 31 March 2008 from Rs 93 million for the year ended 31 March 2007. The standalone net profit after tax grew to Rs 89 million for the year ended 31 March 2008 from Rs 1.6 million for t…
Parsvnath Developers net profit up 45.23%
Posted on: June 22nd, 2008 and is filed under Press Releases.
Parsvnath Developers Limited (PDL), India’s leading real estate company with pan India presence having diversified portfolio has announced annual results for FY08. It recorded consolidated revenues of Rs 1837.12 crore for the year ended March 31, 2008, an increase of 19.72% from Rs …
MAN Infraprojects to invest Rs 1000cr in 3 years
Posted on: June 19th, 2008 and is filed under Press Releases.
MAN Industries India Limited, part of the well-diversified UK-based USD 1billion MAN Group and India’s leading manufacturer of large diameter line pipes and coating systems, today announced its plans to diversify into the real estate sector. The company’s subsidiary, MAN Infraproject…
Greenply Inds FY08 net sales up by 38% at Rs 542cr
Posted on: June 19th, 2008 and is filed under Press Releases.
Greenply Industries Ltd.., leader in plywood and laminate industry in India, today reported a Net Sales of Rs 542 crores for the quarter ended March 31, 2008, a jump of 38% as against Rs 392 crores posted in the same period of the last fiscal. Net Profit for the fourth quarter stood at R…
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