Category: Company Annoucements

Indiabulls Financial FY11 net zooms on home loan growth

Indiabulls Financial FY11 net zooms on home loan growth

Non-banking lender Indiabulls Financial Services said net profit for fiscal 2011 more than doubled to Rs743 crore, helped by growth in long-term, low-risk mortgage loans and falling delinquency levels. Diversified and long-duration liabilities and decreasing cost income ratio have also contributed to the growth in profit and revenue for the financial year ended 31 March, [...]

April 22, 2011 | 0 Comments More
Infosys share price go down after Infosys Q4, Results 2011 comes in News

Infosys share price go down after Infosys Q4, Results 2011 comes in News

The key benchmark indices skidded in early trade soon as IT bellwether Infosys reported lower-than-expected Q4 numbers. The BSE 30-share Sensex was down 86.31 points or 0.44%. IT bellwether Infosys Technologies’ slumped 5.76% after the company reported a lower-than-expected 2.13% growth in consolidated net profit as per International Financial Reporting Standards at Rs. 1818 crore [...]

April 15, 2011 | 0 Comments More
Key Results: TVS Motor, Kotak Mahindra, Yes Bank, Biocon

Key Results: TVS Motor, Kotak Mahindra, Yes Bank, Biocon

Below mentioned are the key reults announced on Jan.20, 2011. TVS Motor Company Result TVS Motor Company has posted rise of 2.36  times in net profit for the quarter ended Dec. 31, 2010 which stood at Rs 557.50 million as compared to Rs 235.40 million for the quarter ended Dec. 31, 2009.  Total Income has [...]

January 20, 2011 | 0 Comments More
LIC Housing Finance approves 1:5 stock split

LIC Housing Finance approves 1:5 stock split

LIC Housing Finance stated that as part of its plan to develop the liquidity of its scrip, its shareholders have agreed for a stock split in the ratio of 1:5. The firm said that according to its decision that was taken through a postal ballot, LIC Housing Finance shares of Rs 10 face value each [...]

January 19, 2011 | 0 Comments More
RPower allots shares to RNRL owners

RPower allots shares to RNRL owners

The Anil Ambani-led Reliance Power Ltd (RPower) has allotted shares to shareholders of Reliance Natural Resources Limited (RNRL) in the ratio of one RPower share of face-value Rs 10 each for every four RNRL shares of face value of Rs 5 each. The ratio was based on the recommendation of consultant KPMG, and is in [...]

November 15, 2010 | 1 Comment More
Ranbaxy Q3 2010 profit up 168%

Ranbaxy Q3 2010 profit up 168%

Drug manufacturing major Ranbaxy Laboratories Limited on Thursday reported a 168 % jump in the net profit for the third quarter of 2010 ending Sep 30 at Rs.308 crore as against Rs.115 crore during the corresponding period last year. The total income of the company for the quarter stood at Rs.2,138  crore against  Rs.1,902 crore [...]

November 11, 2010 | 0 Comments More
HCL Tech Q1 net falls 35% on higher costs

HCL Tech Q1 net falls 35% on higher costs

HCL Technologies said its September-profit fell by a little more than a third from a year ago, as hiring expenses jumped sharply. The software services firm reported net profit of Rs1.95 billion for the period, down 35% from Rs3.01 billion a year ago. Revenue rose 20% to Rs14.98 billion. Personnel expenses for the quarter jumped [...]

October 20, 2010 | 0 Comments More
Axis Bank profit up 38% to Rs735.15 cr

Axis Bank profit up 38% to Rs735.15 cr

Helped by a 41% increase in net interest income and a higher proportion of low-cost deposits that kept funding costs down, India’s third largest private sector bank by assets Axis Bank Ltd on Thursday announced a 38% rise in net profit for the three months ended September. Axis Bank’s net profit rose to Rs735.15 crore [...]

October 15, 2010 | 0 Comments More
Sun Pharma net profit more than doubles up to Rs 322.63 crore for Q1

Sun Pharma net profit more than doubles up to Rs 322.63 crore for Q1

Sun Pharmaceutical Industries has announced the unaudited results for the quarter ended June 30, 2010. The Company has posted a surge of 165.51% in net profit after tax of Rs 322.63 crore for the quarter ended June 30, 2010 as compared to Rs 121.51 crore for the quarter ended June 30, 2009. Total Income has [...]

July 29, 2010 | 1 Comment More
Tech Mahindra – Allotment of equity shares

Tech Mahindra – Allotment of equity shares

Tech Mahindra Ltd has informed BSE that the resolution passed by the Securities Allotment Committee of the Board of Directors of the Company on May 18, 2010 for issue and allotment of a total of 535,700 equity shares of Rs. 10/- each of the Company to various applicants, as under: – 450,000 equity shares, on [...]

May 20, 2010 | 0 Comments More