Kajaria Ceramics Q2 Results

Kajaria Ceramics Q2 standalone net profit was up 46% at Rs 19 crore versus Rs 13 crore, year-on-year, YoY.
Its standalone net sales were up 42% at Rs 316 crore versus Rs 222 crore, YoY.

Zenith Infotech defaults on $ 33 m FCCB payment

Zenith Infotech defaults on $ 33 m FCCB payment,FCCB Holders were payable on Sep 21. Bondholders may take Co. to court on default

Utkal Coal get approval for coal mining

The Ministry of Environment & Forests has granted final approval for diversion of 149 ha. forest land in Utkal-C Coal Block in Raijharan, Nandichor, Similisahi and Golagadia under Angul District, Odisha for coal mining in favour of Indian Metals & Ferro Alloys' subsidiary Utkal Coal.

Results Today VST Industries & Praj Industries

VST Industries reported net profit of Rs 33.59 crore for quarter ended September 2011 as compared to Rs 24.01 crore in the same period a year ago. Total income was at Rs 164.76 crore as against Rs 160.40 crore.

Praj Industries reported net profit of Rs 20.53 crore for quarter ended September 2011 as against Rs 8.90 crore in the same quarter a year ago. Total income rose to Rs 228.90 crore as compared to Rs 108.77 crore in the corresponding quarter last fiscal.

DCB Bank Results

DCB Q2 profit was more than doubled to Rs 13.32 crore versus Rs 4.8 crore (YoY); margins jumped and NPAs reduced.