Archive for April, 2009

Cobol Technologies raises Rs 151 cr from Pangea

Solar power firm Cobol Technologies, owned by Deepak and Ratul Puri of Moser Baer, has raised about $30 million, or about Rs 151
crore, from Pangea Emerging Infrastructure Fund, in return for a minority stake.

Apollo Tyres Q4 net profit down at Rs 46.19 cr

Apollo Tyres has declared its fourth quarter results. Its standalone net sales were at Rs 1110.56 crore versus Rs 1,001.34 crore on YoY basis. Its standalone net profit was at Rs 46.19 crore versus Rs 59.27 crore on YoY basis.

MTNL Q4 net loss at Rs 83.82 cr

Mahanagar Telephone Nigam (MTNL) has announced its fourth quarter results. Its standalone net sales were at Rs 1056.19 crore versus Rs 1132.26 crore on QoQ basis.

Its standalone net loss was at Rs 83.82 crore versus net profit of Rs 58.27 crore on QoQ basis.

Kansai Nerolac Q4 net profit down at Rs 20.08 cr

Kansai Nerolac has announced its fourth quarter numbers. Its standalone net profit went down at Rs 20.08 crore versus Rs 23.96 crore (YoY).

The company’s standalone net sales increased to Rs 313.5 crore from Rs 308.4 crore (YoY).

Gateway Distripark Q4 net profit down at Rs 18.33 cr

Gateway Distripark has come out with its fourth quarter numbers. Its standalone net profit went down at Rs 18.33 crore from Rs 20.17 crore (YoY).

The company’s standalone net sales declined to Rs 41.57 crore from Rs 45.41 crore, YoY.

Titan Industries FY09 net profit at Rs 163.92 cr

Titan Industries has announced its FY09 numbers. Its net profit stood at Rs 163.92 crore and net sales came in at Rs 3833.55 crore.

Educomp Soln Q4 net profit up at Rs 54.52 cr

Educomp Solutions has come out with fourth quarter numbers. Its standalone net profit went up at Rs 54.52 crore from Rs 31.47 crore (YoY).

The company’s standalone net sales increased to Rs 183.90 crore versus Rs 118.13 crore (YoY).

Info Edge FY09 net profit up at Rs 59.69 cr

Info Edge has announced its FY09 results. The company’s standalone net sales were up at Rs 245.17 crore versus Rs 218.94 crore, YoY.

Its standalone net profit was up at Rs 59.69 crore versus Rs 55.49 crore, YoY.

Reliance Cap Q4 net profit down at Rs 311.6 cr

Reliance Capital has announced its fourth quarter and FY09 results. The company’s consolidated Q4 net profit was down at Rs 311.6 crore versus Rs 365.5 crore.

Its consolidated net sales were down at Rs 1537.4 crore versus Rs 1634.6 crore.

ABB Q1 net profit down at Rs 78.36 cr

ABB has announced its first quarter numbers of CY09. Its standalone net profit went down at Rs 78.36 crore versus Rs 117.69 crore (YoY).

The company’s standalone net sales went down at Rs 1,393.14 crore from Rs 1,535.29 crore, YoY.

Rel Comm Q4 cons net profit up 3% at Rs 1,454.3 cr

Reliance Communications has announced its Q4FY09 numbers. Its consolidated net profit went up 3.12% at Rs 1,454.3 crore from Rs 1,410.3 crore (QoQ).

The company’s consolidated net sales increased 1.5% to Rs 5,522.8 crore versus Rs 5,441.5 crore (QoQ).

Amtek Auto Q3 net profit down at Rs 22.53 cr

Amtek Auto has announced its third quarter numbers. Its standalone net profit went down at Rs 22.53 crore versus Rs 59.65 crore (YoY).

The company’s standalone net sales declined to Rs 243.17 crore from Rs 332.56 crore.