Monday, April 30, 2007

Jindal Saw Announces Q2 Results

Jindal Saw Ltd has announced the following Unaudited results for the quarter ended March 31, 2007:The Company has posted a net profit of Rs 702.50 million for the quarter ended March 31, 2007 as compared to Rs 471.30 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 9550.40 million for the quarter ended March 31, 2006 to Rs 12722.70 million for the quarter ended March 31, 2007.

GlaxoSmithKline Pharmaceuticals Announces Q1 Results

GlaxoSmithKline Pharmaceuticals Ltd has announced the following Unaudited results for the quarter ended March 31, 2007:The Company has posted a net profit of Rs 1113.20 million for the quarter ended March 31, 2007 where as the same was at Rs 1012.30 million for the quarter ended March 31, 2006. Total Income (net of excise) is Rs 4486.60 million for the quarter ended March 31, 2007 where as the same was at Rs 4483.90 million for the quarter ended March 31, 2006.The growth in sales of the ongoing businesses was 5.1% and in Profit before Tax and Exceptional Items was 7%. The figures for the current quarter are not comparable with those of the previous quarter in view of the sale of the Animal Health business on July 31, 2006.

Friday, April 27, 2007

SKF To Infuse Rs 150Cr In Uttarakhand Plant

Mumbai: SKF India will be investing over Rs 150 crore in establishing a new manufacturing site in Haridwar, Uttarakhand. Situated over an area of 40,000 sq.m, the new bearing factory is likely to increase the existing ball bearing capacity by more than one-third. Uttarakhand is an emerging industrial hub within the country. SKF''s move to increase production capacity signifies its commitment to serve its customers effectively. In February this year, the company unveiled its range of power transmission products offering customers an integrated solution for all their transmission needs.

Tips Industries - FY 07 Results By Jun 30, 2007

Tips Industries Ltd has informed that the Company would declare Audited Financial Results for the quarter and Financial year ended March 31, 2007 within a period of 3 months from the end of quarter ended March 31, 2007. In view of the above, the unaudited quarterly results for the quarter ended March 31, 2007 are not being declared.

Thursday, April 26, 2007

IDFC Announces Q4 & FY 07 Results

Infrastructure Development Finance Company Ltd (IDFC) has announced the following results for the quarter & year ended March 31, 2007:The Unaudited results for the Quarter ended March 31, 2007 The Company has posted a profit after tax of Rs 850.90 million for the quarter ended March 31, 2007 as compared to Rs 735.50 million for the quarter ended March 31, 2006. Total Income has increased from Rs 2570.50 million for the quarter ended March 31, 2006 to Rs 4103.80 million for the quarter ended March 31, 2007.The Audited results for the Year ended March 31, 2007 The Company has posted a profit after tax of Rs 4628.70 million for the year ended March 31, 2007 as compared to Rs 3756.40 million for the year ended March 31, 2006. Total Income has increased from Rs 10028.60 million for the year ended March 31, 2006 to Rs 15057.40 million for the year ended March 31, 2007.

Parekh Aluminex - FY 07 Results By Jun 30, 2007

Parekh Aluminex Ltd has informed that the Company has decided to publish quarterly-cum-annual audited account for financial year 2006-07.Accordingly the audited financial result shall be published within 90 days of closure of the Financial year 2006-07 (by June 30, 2007). Therefore provisional account for quarter ended March 31, 2007 shall not be published by April 30, 2007.

Wednesday, April 25, 2007

Borosil Glass - FY 07 Results By Jun 30, 2007

Borosil Glass Works Ltd has informed that the Company will be publishing the Audited Financial Results within a period of three months from the end of the last quarter of the Financial year i.e. on or before June 30, 2007.Hence, the Company will not publish its Unaudited Results for the last quarter ended on March 31, 2007.

Standard Medical - FY 07 Results By Jun 30, 2007

Standard Medical & Pharmaceuticals Ltd has informed that the meeting of the Board of Directors of the Company for considering and approving the Audited Accounts for the year ended March 31, 2007 will be held in last week of June, 2007. As such Unaudited results for the quarter ended March 31, 2007 are not being considered separately.

Tuesday, April 24, 2007

Reliance Capital Announces Q4 & FY 07 Results

Reliance Capital Ltd has announced the following Audited results for the quarter & year ended March 31, 2007:The results for the Quarter ended March 31, 2007 The Company has posted a net profit after tax of Rs 3119.50 million for the quarter ended March 31, 2007 as compared to Rs 2855.90 million for the quarter ended March 31, 2006. Total Income has increased from Rs 3223.30 million for the quarter ended March 31, 2006 to Rs 4073.70 million for the quarter ended March 31, 2007.The results for the Year ended March 31, 2007 The Company has posted a net profit after tax of Rs 6461.80 million for the year ended March 31, 2007 as compared to Rs 5376.10 million for the year ended March 31, 2006. Total Income has increased from Rs 6520.20 million for the year ended March 31, 2006 to Rs 8838.60 million for the year ended March 31, 2007.

HDFC - FY 07 Results On May 03, 2007

Housing Development Finance Corporation Ltd (HDFC) has informed that a meeting of the Board of Directors of the Corporation will be held on May 03, 2007, inter alia, to consider and approve the Audited Annual Accounts of the Corporation for the financial year ended March 31, 2007 and matters related thereto.

Monday, April 23, 2007

Moser Baer - FY 07 Results On Apr 30, 2007

Moser Baer India Ltd has informed that a meeting of the Board of Directors of the Company will be held on April 30, 2007, inter alia, to consider and take on record the audited quarterly financial results of the Company for the quarter ended on March 31, 2007 and inter alia, also to consider and approve the audited annual accounts of the Company for the year 2006-2007 and to recommended dividend, if any.

Zee Entertainment Announces Q4 & FY 07 results

Zee Entertainment Enterprises Ltd has announced the following Unaudited results for the quarter & year ended March 31, 2007:The results for the Quarter ended March 31, 2007 The Company has posted a profit after tax of Rs 592.20 million for the quarter ended March 31, 2007 where as the same was net loss at Rs 132.50 million for the quarter ended March 31, 2006. Total Income is Rs 2165.60 million for the quarter ended March 31, 2007 where as the same was at Rs 2661.30 million for the quarter ended March 31, 2006.The results for the Year ended March 31, 2007 The Company has posted a profit after tax of Rs 1677.90 million for the year ended March 31, 2007 where as the same was at Rs 690.80 million for the year ended March 31, 2006. Total Income is Rs 9118.70 million for the year ended March 31, 2007 where as the same was at Rs 8824.20 million for the year ended March 31, 2006.

Friday, April 20, 2007

Hindustan Zinc - FY 07 Results On Apr 26, 2007

Hindustan Zinc Ltd has informed that a meeting of the Board of Directors of the Company will be held on April 26, 2007, inter alia, for considering the following matters:1. To approve and take on record the audited financial results of the Company for the quarter and year ended March 31, 2007.2. To propose a Final Dividend for the year ended March 31, 2007 for the approval of the shareholders at the ensuing Annual General Meeting of the Company.

Satyam Computer Announces Q4 & FY 07 Results

Satyam Computer Services Ltd has announced the following Audited results for the quarter & year ended March 31, 2007:The results for the Quarter ended March 31, 2007 The Company has posted a profit after taxation of Rs 3975.00 million for the quarter ended March 31, 2007 as compared to Rs 2899.00 million for the quarter ended March 31, 2006. Total Income has increased from Rs 12875.20 million for the quarter ended March 31, 2006 to Rs 17784.00 million for the quarter ended March 31, 2007.The results for the Year ended March 31, 2007 The Company has posted a profit after taxation of Rs 14232.30 million for the year ended March 31, 2007 as compared to Rs 12397.50 million for the year ended March 31, 2006. Total Income has increased from Rs 50122.20 million for the year ended March 31, 2006 to Rs 64100.80 million for the year ended March 31, 2007.

Thursday, April 19, 2007

Ramco Systems - FY 07 Results By Jun 30, 2007

Ramco Systems Ltd has informed that the Company will publish the Audited Financial Results within a period of three months from the end of the last quarter of the financial year ended March 31, 2007 instead of publishing the Un-audited Financial Results within one month from the end of the last quarter of the aforesaid financial year.

Jagatjit Industries - FY 07 Results By Jun 30, 2007

Jagatjit Industries Ltd has informed that the Company will be publishing the Audited Financial Results for the quarter and the year ended March 31, 2007 within a period of three months from the end of the quarter.

Tuesday, April 17, 2007

NESCO - FY 07 Results By May 31, 2007

NESCO Ltd has informed that the Company has decided not to conduct the Board Meeting for considering unaudited financial results for the quarter ended March 31, 2007 in the month of April 2007. Instead it has been decided to come out with the audited results for the last quarter ended & the year ended March 31, 2007 directly.Hence the Company will come out with the audited results for the last quarter ended & the year ended March 31, 2007 by May 31, 2007.

TCS Announces Q4 & FY 07 Results

Tata Consultancy Services Ltd (TCS) has announced the following Audited results for the quarter & year ended March 31, 2007:The results for the Quarter ended March 31, 2007 The Company has posted a net profit after taxes of Rs 10787.60 million for the quarter ended March 31, 2007 where as the same was at Rs 7500.60 million for the quarter ended March 31, 2006. Total Income is Rs 41936.40 million for the quarter ended March 31, 2007 where as the same was at Rs 30921.60 million for the quarter ended March 31, 2006.The results for the Year ended March 31, 2007 The Company has posted a net profit after taxes of Rs 37572.90 million for the year ended March 31, 2007 where as the same was at Rs 27168.70 million for the year ended March 31, 2006. Total Income is Rs 151565.20 million for the year ended March 31, 2007 where as the same was at Rs 112937.60 million for the year ended March 31, 2006.

Monday, April 16, 2007

CMC Announces Q4 & FY 07 Results

CMC Ltd has announced the following results for the quarter & year ended March 31, 2007:The Unaudited results for the Quarter ended March 31, 2007The Company has posted a profit after tax of Rs 195.460 million for the quarter ended March 31, 2007 as compared to Rs 85.533 million for the quarter ended March 31, 2006. Total Income has decreased from Rs 2597.184 million for the quarter ended March 31, 2006 to Rs 2511.130 million for the quarter ended March 31, 2007.The Audited results for the Year ended March 31, 2007 The Company has posted a profit after tax of Rs 640.990 million for the year ended March 31, 2007 as compared to Rs 441.100 million for the year ended March 31, 2006. Total Income has increased from Rs 8577.571 million for the year ended March 31, 2006 to Rs 9944.037 million for the year ended March 31, 2007.

Finolex Industries Announces Q4 & FY 07 Results

Finolex Industries Ltd has announced the following Audited results for the quarter & year ended March 31, 2007:The results for the Quarter ended March 31, 2007 The Company has posted a net profit of Rs 174.509 million for the quarter ended March 31, 2007 as compared to Rs 153.670 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 2227.000 million for the quarter ended March 31, 2006 to Rs 3160.854 million for the quarter ended March 31, 2007.The results for the Year ended March 31, 2007 The Company has posted a net profit of Rs 698.827 million for the year ended March 31, 2007 as compared to Rs 423.086 million for the year ended March 31, 2006. Total Income (net of excise) has increased from Rs 7716.196 million for the year ended March 31, 2006 to Rs 10715.510 million for the year ended March 31, 2007.Further the Company has informed that, the Board of Directors has recommended dividend of 30% (Rs 3.00 per share) for the year ended March 31, 2007.

Friday, April 13, 2007

Infosys Technologies Announces Q4 & FY 07 Results

Infosys Technologies Ltd has announced the following Audited results for the quarter & year ended March 31, 2007:The results for the Quarter ended March 31, 2007 The Company has posted a net profit after tax & exceptional items of Rs 11240 million for the quarter ended March 31, 2007 as compared to Rs 6640 million for the quarter ended March 31, 2006. Total Income has increased from Rs 25630 million for the quarter ended March 31, 2006 to Rs 36750 million for the quarter ended March 31, 2007.The results for the Year ended March 31, 2007 The Company has posted a net profit after tax & exceptional items of Rs 37830 million for the year ended March 31, 2007 as compared to Rs 24210 million for the year ended March 31, 2006. Total Income has increased from Rs 91720 million for the year ended March 31, 2006 to Rs 135240 million for the year ended March 31, 2007.

Ballarpur Ind Reports 21.85% Net Profit Growth In Q3

New Delhi: Ballarpur Industries Ltd (BILT) on April 12, registered an increase of 21.85 per cent in its net profit for the third quarter ended March 31, 2007, to Rs 64 crore from Rs 52.52 crore in the corresponding period last year. The company''s revenues grew by 15.43 per cent to Rs 602.95 crore from Rs 522.33 crore in the same period previous year. The company''s results in the current quarter have been positive as a result of its performance and firm market conditions. The recent acquisition of Sabah Forest Industries has also given a fillip to BILT''s plans of globally expanding its paper and pulp operations. BILT''s net profit for the nine-month period ended March 31, 2007, increased by 27.99 per cent to Rs 184.47 crore, from Rs 144.12 crore in the same period last year.

Thursday, April 5, 2007

Muller & Phipps - Limited Review For The Quarter Ended Sep 30, 2006

Muller & Phipps India Ltd has informed that in the limited review report of the Company for the quarter ended September 30, 2006, the Auditors of the Company have made the following observations:No provision has been made for a loan given to a party amounting to Rs 20,00,000/- and interest accrued thereon of Rs 13,01,767/- which in the Auditors opinion is doubtful of recovery. Had the above provisions been made, the loss for the quarter would have been higher by Rs 33,01,767/-

Tuesday, April 3, 2007

TAI Industries - Limited Review For The Quarter Ended Dec 31, 2006

TAI Industries Ltd has informed that in the limited review report of the company for the quarter ended December 31, 2006, the auditors of the company have made the following observations:1. Keeping in view of the relevant provisions of the Income-Tax Act, 1961 (as amended to date), provisions of current taxation (Income-Tax) for the period ended December 31, 2006, represents excess provisions recognized in the books.2. Non ascertainment and non-provision of Deferred Tax Assets / Liabilities as at December 31, 2006.3. Full particulars of decrease in stock amounting to Rs 9.61 lakhs pertaining to C3 division were not readily available and hence the auditors have relied upon the certificate of management.

Logix Microsystems - Limited Review For The Quarter Ended Dec 31, 2006

Logix Microsystems Ltd has informed that in the limited review report of the company for the quarter ended December 31, 2006, the auditors of the company have made the following observations:1. In the absence of a system of allocation/recording of cost, the auditors are unable to comment on the value of stock as at April 01, 2006 and December 31, 2006 of Rs 189.85 Lacs and Rs 252.73 Lacs respectively.2. Sundry debtors includes Rs 196.52 lacs of long outstanding balances. Further receivables from an overseas subsidiary includes overdues (including Rs 820.69 lacs in excess of twelve months). Provisioning for Doubtful Debts in respect of possible non-recovery of long outstanding balances in sundry debtors has not been carried out as in the view of the management the same are recoverable in full.3. Depreciation has not been provided on a provisional basis.4. The review of Intangible Assets amounting to Rs 80.90 lacs has not been carried out and the impact, if any of the same as at December 31, 2006 has not been quantified.