HDFC Bank on Monday reported a 31 per cent increase in net profit at Rs 199.64 crore (Rs 1.99 billion) for the quarter ended September 30, 2005 when compared with Rs 152.29 billion in the quarter ended September 30, 2004.\n
Companies post the slowest sales growth in four years, profits low, too. The last financial year has been the slowest year in four years for corporate India, according to the financial results for 1,354 companies released so far. Cumulative net sales grew by 18.2 per cent in fiscal 2007-08, in contrast to the 29.3 per cent growth in the previous financial year, 21.1 per cent in FY06 and a rapid 31.5 per cent in FY05.
The company has had a great 2006-07 but the competition could creep up on it this year
Let us analsze the various factors, which have resulted in the uptrend in the petrochemicals cycle.
Hindustan Lever on Tuesday reported a consolidated net profit of Rs 1,890.53 crore (Rs 18.90 billion) for the year ended December 31, 2006 as against Rs 1,355.92 crore (Rs 13.55 billion) in FY05.
Hindustan Lever on Monday reported a net profit of Rs 325.96 crore (Rs 3.25 billion) for the third quarter ended September 30, 2005 as against Rs 324.32 crore (Rs 3.24 billion) in the quarter ended September 30, 2004.
Mahindra and Mahindra Ltd has posted a 28 per cent increase in net profit for the second quarter ended September 30, 2005 at Rs 157.20 crore.
Here's a look at the tools governments use to pursue their economic goals.
With global crude prices softening and the govt taking steps to curb inflation, the Indian growth story still has some steam left in it.
Reliance Industries Ltd on Thursday posted a 10.25 per cent rise in net profit at Rs 2,547 crore (Rs 25.47 billion) for the quarter ended June 30, as compared to Rs 2,310 crore (Rs for the corresponding quarter in FY2005-06.
Anil Ambani Dhirubhai Group company Reliance Capital Ltd on Tuesday posted over a three-fold rise in net profit after tax at Rs 94.53 crore (Rs 945.3 million) for the quarter ended June 30.
The company hasn't been able to find a buyer because of the slowdown.
The Centre for Monitoring Indian Economy on Thursday revised growth forecast for the country's economic growth upwards to 6.2 per cent in 2004-05 as against earlier estimate of six per cent.
There is value in key software and pharmaceuticals stocks as well from a three-year perspective.
The environment looks conducive for growth for corporate India and thus we believe that equities would continue to deliver decent returns over the long term. \n\n
Dr Reddy's Laboratories on Saturday reported a 93.79 per cent increase in consolidated net profit at Rs 90.91 crore (Rs 909.1 million) for the second quarter ended September 30, 2005
Hindustan Petroleum Corporation on Saturday reported a net loss of Rs 22.14 crore (Rs 221.4 million) for the second quarter ended September 30, 2005 as against a net profit of Rs 294.31 crore (Rs 2.94 billion) in the quarter ended September 30, 2004.
Jet Airways India on Saturday reported a 11.4 per cent decline in net profit at Rs 68.59 crore (Rs 685.9 million) for the second quarter September 30, 2005 as against Rs 77.42 crore (Rs 774.2 million) in the quarter ended September 30, 2004.
Like any other commodity, proximity to raw materials (limestone, coal, furnace oil and so on) and proximity to markets are key factors that determine profitability over the long-term for cement companies.
Auto major Tata Motors has posted a 9.3 per cent increase in its net profit for the second quarter ended September
Videsh Sanchar Nigam Ltd has recorded 3.29 per cent growth in net profit at Rs 91 crore (Rs 910 million) for the second quarter ended September 30, 2005.
Housing Development Finance Corporation on Tuesday reported a 20.49 per cent growth in net profit at Rs 298.98 crore
The company's total income increased from Rs 7,326.7 crore (Rs 73.267 billion) in FY 04-05 to Rs 10,379.6 crore (Rs 103.796 billion) for the fiscal year 2005-06.
Despite an impressive performance in 2003-04, CRISIL on Thursday forecast a slowdown in the growth of the country's gross domestic product at 6.2 per cent for 2004-05 as against the estimated 8.5 per cent in FY'04.
HDFC Bank has registered a 31 per cent increase in its net profit at Rs 183.53 crore (Rs 1.83 billion) for the first quarter ended June 30, 2005 as compared to Rs 139.97 crore in Q1 FY05.
Mphasis BFL has reported a 29 per cent dip in its net profit at Rs 9.02 crore (Rs 90.2 million) for the first quarter ended June 30, 2005 as compared to Rs 12.79 crore (Rs 127.9 million) in Q1 FY05.
'It is a worrying trend as we are not seeing too much fresh capital being raised for new projects, plants, expansion or diversification. It's just private equity or venture capital or promoters cashing out.'
The revision in base year of India's national accounts will increase the size of the economy to Rs 111.7 trillion in FY14, India Ratings (Ind-Ra) said on Wednesday.
During the 11 years ending FY15, Tata Sons cumulatively earned dividend income of around Rs 31,500 crore from TCS.
The Chinese currency too is expected to continue its fall.
In five years, per-employee revenue for IT companies grew at 9 per cent each year.