Archive for January, 2009

TECH MAHINDRA Q3 revenue up by 17 %

Key highlights:
• Net profit after tax of Rs 222.9 crores and revenue of Rs 1132.2 crores
• Net profit after tax grew by 12% and revenue grew by 17 % over the corresponding quarter of the previous year
Financial Summary
Tech Mahindra Limited, one of the largest solution providers in the telecom space, announced 12% growth in net [...]


Indiabulls Financial Services Reusults for 9 months and Q3

• Consolidated Total Revenues up 58.3% to Rs. 1,751.7 crore in first 9 months FY 09 from Rs. 1,106.9 crore in first 9 months FY 08
 • EBITDA up 64.3% to Rs. 1,252.5 crore in first 9 months FY 09 from Rs. 762.3 crores in first 9 months FY 08
 • Consolidated Profit After Tax down 9.4% [...]


Anil Ambani controlled Reliance Communication Q3 net profit at Rs.1,410 cr.

KEY HIGHLIGHTS:
NET PROFIT UP BY 2.7% TO RS. 1,410 CRORE (US$ 290 MILLION)
REVENUES HIGHER BY 20.0% AT RS. 5,850 CRORE (US$ 1,204 MILLION)
EBITDA HIGHER BY 11.7% AT RS. 2,353 CRORE (US$ 484 MILLION)
EBITDA MARGIN AT 40.2%
NET WORTH EXPANDS TO RS. 29,065 CRORE (US$ 6 BILLION) AND NET DEBT-EQUITY RATIO PLACED AT A CONSERVATIVE 0.64 : [...]


Divi’s Labs PAT for 9months grows by 21% to Rs.309 crores

Hyderabad, Jan 24: Divi’s Laboratories has earned a PAT of Rs.309 crores on a consolidated basis for the 9-month period ending 31st December, 2008. Total income for the period grew by
14% to Rs.870 crores. For the corresponding 9-month period last year, the company
earned a PAT of Rs.255 crores on a total income of Rs. 762 [...]


Satyam board mulls option for additional funding, may announce new CEO soon

Hyderabad, INDIA, January 23, 2009: Satyam Computer Services Limited (NYSE: SAY) today announced key decisions concluded at its Board meeting, held on 22nd and 23rd January, 2009  in Hyderabad.
This meeting, the third in thirteen days since its reconstitution, was chaired by Mr. Tarun Das. The meeting focused on issues that are a priority for ensuring [...]


TATA MOTORS LTD BOARD MEETING on Jan 30

 A meeting of the Board of Directors of the Company will be held on Friday, January 30, 2009 to consider, inter alia, the Audited Results for the third quarter ended December 31, 2008 of the Accounting Year 2008-2009, pursuant to Clause 41 of the Listing Agreement


Dr Reddy’s Q3 FY09 Revenue at Rs. 18,401 million

EBITDA at Rs. 3,453 million, PAT at Rs. 1,924 million
Hyderabad, India, Jan 20, 2009: Dr. Reddy’s Laboratories Ltd. (NYSE: RDY) today announced its unaudited financial results for the quarter ended December 31, 2008.
Q3 FY09 Key Highlights
o        Overall revenues at Rs. 18.4 billion ($379 million) in Q3 FY09 as against Rs. 12.3 billion ($254 million) in [...]


eClerx’s first 9 months FY09 revenue up 67%

Mumbai, January 19, 2009: eClerx Services Ltd. (eCx), India’s first publicly-listed KPO and a Forbes “200 Best Under a Billion” company, today announced its first nine results for fiscal 2009. eClerx provides data analytics and customized process solutions to global enterprise clients from its offshore delivery centres in India.
Consolidated financial highlights for Q3FY09                               
·        Revenues for [...]


Apollo Tyres Ltd Q3 earnings Highlights

Gurgaon, Haryana, India: The Board of Directors of Apollo Tyres Ltd, today took on record the company’s unaudited results for the third quarter of the financial year 2008-09.
Highlights: Q3 FY2008-09 (Oct-Dec) versus Q3 FY2007-08          
Consolidated revenue reported at Rs 11 billion versus earlier period Rs 12.4 billion
Consolidated net profit after tax at Rs 89 million against [...]


Ester Industries Ltd Q3 Highlights

Mumbai: Net Sales increased by 7 % to Rs. 84.62 crores from Rs. 79.02 crores reported in the corresponding quarter last year. For the 9 months ended it increased by 24 % to Rs. 291.38 crores.
The Earnings Before Interest, Depreciation & Tax (EBIDTA) in the present quarter increased 48% to Rs. 14.44 Crores from Rs. [...]