Piramal Healthcare has agreed to purchase approximately 5.5 per cent of the issued equity share capital of Vodafone Essar from ETHL Communications Holdings for cash consideration of Rs 2,8 5 6 crore.
Thursday 11 August 2011
GlaxoSmithKline Pharmaceuticals Q1 results
GlaxoSmithKline Pharmaceuticals reported standalone net profit of Rs 147.54 crore for quarter ended June 2011 against Rs 128.99 crore in the same period a year ago. Net sales were at Rs 561.54 crore as compared to Rs 497.93 crore.
VIP Industries results
VIP Industries reported consolidated net profit of Rs 38.4 crore for quarter ended June 2011 against Rs 30.1 crore in the same period a year ago. Total income was at Rs 282 crore as compared to Rs 242.20 crore. The company has also proposed sub-division of shares of face value Rs 10 each into 5 shares of face value Rs 2 each
ABG Shipyard Q1 Results
ABG Shipyard posted standalone net profit of Rs 40.06 crore and net sales of Rs 522.60 crore for quarter ended June 2011.
IL&FS Engineering and Construction results
IL&FS Engineering and Construction reported net loss of Rs 14.10 crore for quarter ended June 2011 against loss of Rs 43.46 crore in the same quarter a year ago. Net sales were at Rs 242.10 crore as compared to Rs 173.18 crore in the corresponding quarter last fiscal.
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