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Monday 8 August 2011

Aurobindo Pharma results

 Aurobindo Pharma reported net profit of Rs 101.58 crore for quarter ended June 2011 against net profit of Rs 63.34 crore in the same quarter a year ago. Net sales were at Rs 1053.73 crore as compared to Rs 886.57 crore.

SAIL to form a joint venture with National Fertilisers

SAIL is likely to form a joint venture with National Fertilisers for its proposed Rs 4,450 crore-urea manufacturing plant in Jharkhand's Sindri, in which the steelmaker will retain the majority stake

Larsen & Toubro has bagged orders totaling $889 million for hydrocarbon projects

Larsen & Toubro has bagged three international orders totaling $889 million for hydrocarbon projects.

Barak Valley Cements results

Barak Valley Cements reported net loss of Rs 1.76 crore for quarter ended June 2011 against profit of Rs 2.93 crore in the same period a year ago. Total income was at Rs 25.02 crore as compared to Rs 25.57 crore.

Sun Pharma Advanced Research Results

Sun Pharma Advanced Research reported net loss of Rs 11.26 crore for quarter ended June 2011 against profit of Rs 48 lakhs. Total income was at Rs 10.08 crore as against Rs 14.73 crore.

Deepak Fertilisers Results

Deepak Fertilisers reported net profit of Rs 63.94 crore for quarter ended June 2011 against Rs 52.20 crore in the same quarter a year ago. Income was at Rs 473.87 crore as compared to Rs 350.54 crore.

Nelcast Results

Nelcast reported net profit of Rs 7.85 crore for quarter ended June 2011 against Rs 2.07crore in the same quarter a year ago. Total income was at Rs 155.91 crore as compared to Rs 94.82 crore

Mahindra & Mahindra Results

Mahindra & Mahindra reported standalone net profit of Rs 604.88 crore for quarter ended June 2011 against Rs 562.39 crore in the same period a year ago. Net sales were at Rs 6673.20 crore as compared to Rs 5124.17 crore.

Tata Chemicals Results

Tata Chemicals posted standalone net profit of Rs 110.83 crore for quarter ended June 2011 as compared to Rs 151.24 crore in the same quarter a year ago. Total income increased to Rs 1623.46 crore from Rs 1484.49 crore

Larsen & Toubro Results

Larsen & Toubro posted net profit of Rs 746.15 crore for quarter ended June 2011 as compared to Rs 666.17 crore in the same quarter a year ago. Total income increased to Rs 9778.79 crore from Rs 8046.82 crore in the corresponding quarter last fiscal.

Omaxe Results

Omaxe reported standalone net profit of Rs 12.52 crore for quarter ended June 2011 against Rs 18.20 crore in the same quarter a year ago. Net sales were at Rs 241.31 crore as compared to Rs 181.28 crore.

Sesa Goa will acquire 51% stake in Liberia-based Western Cluster

Sesa Goa will acquire 51% stake in Liberia-based Western Cluster for $ 90 million

UREA Decontrol update

GoM says urea companies are allowed to hike prices by 10% in first year. "There will be no price control on urea after 1 year."

Coal India and Sun Pharma will be included in Sensex from today

Coal India and Sun Pharma will be included in Sensex from today in place of Reliance Infra and Reliance Communications.