HDFC Bank Ltd has informed that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Friday, August 29, 2008
Dhunseri Tea & Industries Ltd -29 Aug 08
Dhunseri Tea & Industries Ltd has informed that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Tuesday, August 19, 2008
Quarter Results Of Beeyu Overseas - Aug 19 , 2008
Beeyu Overseas Ltd has informed that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Quarter Results Of Jenson & Nicholson India - Aug 19 , 2008
Jenson & Nicholson India Ltd has informed that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Quarter Results Of Ispat Industries - Aug 19 , 2008
Ispat Industries Ltd has informed that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Wednesday, August 13, 2008
Quarter Result Of Manav Yarn Products - Aug 13 , 2008
Manav Yarn Products Ltd has informed that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Quarter Result Of Geodesic Information Systems - Aug 13 , 2008
Geodesic Information Systems Ltd has informed that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Quarter Result Of BEML Ltd - Aug 13 , 2008
BEML Ltd has informed that the auditors have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Tuesday, August 12, 2008
Quarter Result Of Chokhani Internationa - Aug 12 , 2008
Chokhani International Ltd has informed BSE that the auditor''s have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Quarter Result Of Reliance Industries - Aug 12 , 2008
Reliance Industries Ltd has informed BSE that the auditor''s have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Quarter Result OF Punjab Chemicals & Crop Protection - Aug 12 , 2008
Punjab Chemicals & Crop Protection Ltd has informed BSE that the auditor''s have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008.
Saturday, August 2, 2008
Cognizant Technology Solutions Reported A 26% Growth - Aug 02, 2008
CHENNAI: Cognizant Technology Solutions has reported a 26% growth in its net profit on the back of higher revenues. At the same time, the company lowered its guidance for the second half of the year by at least 5%, taking into account the impact of a slowing economy on its customers.
The Nasdaq-listed IT and BPO services provider posted a net profit of $103.9 million for the quarter ended June 30, 2008 compared to $82.3 million during the same period last year. “Several of our business segments, including financial services, performed well during the quarter. We generated strong performance across Europe and healthy growth from our BPO/KPO and IT infrastructure services as a result of clients focussing on cost efficiencies,” Cognizant president and CEO Francisco D’Souza said.
The company’s revenues went up 33% to $685.4 million from $516.5 million during the same period last year. Sequentially, its revenues were up 6.6%. However, growth might slow down to 5.5% in the next quarter, which is next only to Infosys, which has guided 5.2-6.1%. It is higher than Wipro’s 2.0% and Satyam’s 1.3-2.3%. TCS does not give guidance. IT companies have been hit by a slowdown in US, its biggest technology market. This came on top of a depreciating dollar that dented the margins of IT companies last year.
“As we look forward, we also anticipate slower growth within the payor segment of healthcare, largely driven by one of our top five clients in the payor sector, who has informed us of plans to scale back spending significantly in Q3, Q4,” added Mr D’Souza.
Cognizant has lowered its revenue outlook for the remainder of the year to $2.81 billion, down by at least 5% from $ 2.95 billion.
“Although we are disappointed with the necessity of reducing our outlook for the second half of the year due to the weakening econ-omy, we are pleased to continue our expectation of industry leading growth and a healthy long-term outlook for the business,” said chief financial and operating officer Gordon Coburn.
The Nasdaq-listed IT and BPO services provider posted a net profit of $103.9 million for the quarter ended June 30, 2008 compared to $82.3 million during the same period last year. “Several of our business segments, including financial services, performed well during the quarter. We generated strong performance across Europe and healthy growth from our BPO/KPO and IT infrastructure services as a result of clients focussing on cost efficiencies,” Cognizant president and CEO Francisco D’Souza said.
The company’s revenues went up 33% to $685.4 million from $516.5 million during the same period last year. Sequentially, its revenues were up 6.6%. However, growth might slow down to 5.5% in the next quarter, which is next only to Infosys, which has guided 5.2-6.1%. It is higher than Wipro’s 2.0% and Satyam’s 1.3-2.3%. TCS does not give guidance. IT companies have been hit by a slowdown in US, its biggest technology market. This came on top of a depreciating dollar that dented the margins of IT companies last year.
“As we look forward, we also anticipate slower growth within the payor segment of healthcare, largely driven by one of our top five clients in the payor sector, who has informed us of plans to scale back spending significantly in Q3, Q4,” added Mr D’Souza.
Cognizant has lowered its revenue outlook for the remainder of the year to $2.81 billion, down by at least 5% from $ 2.95 billion.
“Although we are disappointed with the necessity of reducing our outlook for the second half of the year due to the weakening econ-omy, we are pleased to continue our expectation of industry leading growth and a healthy long-term outlook for the business,” said chief financial and operating officer Gordon Coburn.
HCL Technologies Announces Quarter & FY 08 Results - Aug 02 , 2008
HCL Technologies Ltd has announced the following results for the quarter & year ended June 30, 2008:
The unaudited results for the Quarter ended June 30, 2008
The Company has posted a net loss of Rs 135.40 million for the quarter ended June 30, 2008 as compared to net profit of Rs 3912.30 million for the quarter ended June 30, 2007. Total Income has increased from Rs 9812.90 million for the quarter ended June 30, 2007 to Rs 11425.60 million for the quarter ended June 30, 2008.
The Audited results for the Year ended June 30, 2008
The Company has posted a net profit of Rs 7806.50 million for the year ended June 30, 2008 as compared to Rs 11018.20 million for the year ended June 30, 2007. Total Income has increased from Rs 38627.00 million for the year ended June 30, 2007 to Rs 47857.90 million for the year ended June 30, 2008.
The Consolidated results are as follows:
The Audited consolidated results for the Year ended June 30, 2008
The Group has posted a net profit of Rs 10514.10 million for the year ended June 30, 2008 as compared to Rs 13183.10 million for the year ended June 30, 2007. Total Income has increased from Rs 61781.10 million for the year ended June 30, 2007 to Rs 77555.00 million for the year ended June 30, 2008.
The unaudited results for the Quarter ended June 30, 2008
The Company has posted a net loss of Rs 135.40 million for the quarter ended June 30, 2008 as compared to net profit of Rs 3912.30 million for the quarter ended June 30, 2007. Total Income has increased from Rs 9812.90 million for the quarter ended June 30, 2007 to Rs 11425.60 million for the quarter ended June 30, 2008.
The Audited results for the Year ended June 30, 2008
The Company has posted a net profit of Rs 7806.50 million for the year ended June 30, 2008 as compared to Rs 11018.20 million for the year ended June 30, 2007. Total Income has increased from Rs 38627.00 million for the year ended June 30, 2007 to Rs 47857.90 million for the year ended June 30, 2008.
The Consolidated results are as follows:
The Audited consolidated results for the Year ended June 30, 2008
The Group has posted a net profit of Rs 10514.10 million for the year ended June 30, 2008 as compared to Rs 13183.10 million for the year ended June 30, 2007. Total Income has increased from Rs 61781.10 million for the year ended June 30, 2007 to Rs 77555.00 million for the year ended June 30, 2008.
Friday, August 1, 2008
Moser Baer Announces Quarter Results - Aug 01 , 2008
Moser Baer India Ltd has announced the following Un-Audited results for the quarter ended June 30, 2008:
The Company has posted a net loss of Rs 1039.80 million for the quarter ended June 30, 2008 as compared to net profit of Rs 96.40 million for the quarter ended June 30, 2007. Total Income has decreased from Rs 5002.80 million for the quarter ended June 30, 2007 to Rs 4968.80 million for the quarter ended June 30, 2008.
The Company has posted a net loss of Rs 1039.80 million for the quarter ended June 30, 2008 as compared to net profit of Rs 96.40 million for the quarter ended June 30, 2007. Total Income has decreased from Rs 5002.80 million for the quarter ended June 30, 2007 to Rs 4968.80 million for the quarter ended June 30, 2008.
Essar Oil Announces Quarter Results - Aug 01 , 2008
Essar Oil Ltd has announced the following Un-Audited results for the quarter ended June 30, 2008:
The Company has posted a net profit of Rs 299.30 million for the quarter ended June 30, 2008 where as the same was at net loss of Rs 56.70 million for the quarter ended June 30, 2007. Total Income is Rs 90160.30 million for the quarter ended June 30, 2008 where the same was at Rs 1979.50 million for the quarter ended June 30, 2007.
The Company declared commercial production of its 10.5 MMTPA Refinery w.e.f. May 01, 2008. Accordingly, the current quarter results comprise mainly of income and expenses arising out of Refinery production for May & June, 08 and arising out of trading operations for the previous periods. The current quarter figures are therefore not comparable with the previous periods figures.
The Company has posted a net profit of Rs 299.30 million for the quarter ended June 30, 2008 where as the same was at net loss of Rs 56.70 million for the quarter ended June 30, 2007. Total Income is Rs 90160.30 million for the quarter ended June 30, 2008 where the same was at Rs 1979.50 million for the quarter ended June 30, 2007.
The Company declared commercial production of its 10.5 MMTPA Refinery w.e.f. May 01, 2008. Accordingly, the current quarter results comprise mainly of income and expenses arising out of Refinery production for May & June, 08 and arising out of trading operations for the previous periods. The current quarter figures are therefore not comparable with the previous periods figures.
Bombay Dyeing Announces Quarter Results - Aug 01 , 2008
Bombay Dyeing & Manufacturing Company Ltd has announced the following Un-Audited results for the quarter ended June 30, 2008:
The Company has posted a net loss for the period of Rs 483.40 million for the quarter ended June 30, 2008 where as the net profit for the period was at Rs 321.80 million for the quarter ended June 30, 2007. Total Income is Rs 3350.60 million for the quarter ended June 30, 2008 where as the same was at Rs 1335.80 million for the quarter ended June 30, 2007.
The commercial production of Polyester Staple Fibre commenced from October 01, 2007 and hence the figures for the current quarter are not comparable with the previous quarter.
The Company has posted a net loss for the period of Rs 483.40 million for the quarter ended June 30, 2008 where as the net profit for the period was at Rs 321.80 million for the quarter ended June 30, 2007. Total Income is Rs 3350.60 million for the quarter ended June 30, 2008 where as the same was at Rs 1335.80 million for the quarter ended June 30, 2007.
The commercial production of Polyester Staple Fibre commenced from October 01, 2007 and hence the figures for the current quarter are not comparable with the previous quarter.
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