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Zee News declares March 2008 Results

Zee News has declared its results for the quarter ending March 2008. The company’s net profit rose 1065.65% to Rs 15.27 crore in the Quarter Ending March 2008 compared to Rs 1.31 crore during the Prev QTR YOY 2007.

Zee News Sales rose 59.69% to Rs 110.22 crore in the Quarter Ending March 2008 compared to Rs 69.02 crore during the Prev QTR YOY 2007.

For the financial year, net profit rose 304.93% to Rs 40.25 crore in the Yr 2008 compared to Rs 9.94 crore in the prev Yr 2007. Sales rose 51.79% to Rs 357.82 crore in the yearr 2008 compared to Rs 235.73 crore in the prev Year 2007.

Infosys Fourth Quarter 08 Results meet Expectations

IT major Infosys Technologies has announced their fourth quarter finacial results for the year 2008.

For the quarter ended March 2008 (Q4), Infosys Technologies has posted net profit of Rs 1,249 crore versus Rs 1,231 crore in previous quarter and revenue at Rs 4,542 crore versus Rs 4,271 crore.

The companys operating profit rose 6.17% to Rs 1478 crore in Q4 March 2008 over Q3 December 2007. The core operating profit margin was 32.54%, slightly lower than 32.59% in Q3 December 2007.

Infosys has given guidance of a between 16.3% to 18.3% growth in earnings per share (EPS) to between Rs 92.32 to Rs 93.92 for the year ending March 2009 over the year ending March 2008. It has given guidance of a between 19.2% to 21.1% growth in revenue to between Rs 19894 crore to Rs 20214 crore for the year ending March 2009 over the year ending March 2008.

Highlights of Infosys Tehcnologies Results

Net profit of Rs 4659 crore as against Rs 3856 crore in FY07
Net sales at Rs 16692 crore versus Rs 13893 crore.
FY08 EPS stood at Rs 81.56 as against its guidance of Rs 81.07.

Sesa Goa Results : Net profit up 3.2 times

Iron ore exporter, Sesa Goa has announced results for the quarter ended September 2007, and the Company has posted a net profit of Rs 821.33 million.

Sesa Goa has registered an excellent growth in its net profit up 3.2 times, when compared to the corresponding quarter last year’s net profit of Rs 256.62 million.

Net sales of the company stood at Rs 3,311.15 million and the total Income for the quarter grew 47.16% to Rs 3,492.10 million, compared to the quarter ended September 2006.

Earnings per share (EPS) of Sesa Goa rose 3.2 times to Rs 20.87, for the quarter ended Sep. 30, 2007.

Ruchi Soya Q2 net profit at Rs 32.6 Cr

Ruchi Soya has announced their second quarter results, and the company has posted Net profit of Rs 32.6 crore.

Ruchi Soya’s, second quarter sales stood at Rs 1989 crore when compared to Rs 1555 crore for the previous quarter.

Stock Price of Ruchi Soya closed at Rs 98.30 up 4.57% on the BSE.

Punj Lloyd Results for the Quarter ended September 2007

Punj Lloyd Limited has announced their Second Quarter Results for the quarter ended september 30, 2007 and the company’s Net profit stood at Rs 894.70 million.

Punj Lloyd’s Net Profit for this quarter has grown substantially when compared to the corresponding quarter for the previous year which is Rs 333.90 million.

Company’s total Income has increased from Rs 11970.80 million for the quarter ended September 30, 2006 to Rs 19247.10 million for the quarter ended September 30, 2007.

Stock price of the company closed at Rs 468.85 down 3% on the BSE.

Reliance Communications Q2 results : Net Profit at Rs 1304 cr

Reliance Communications Ltd has announced their Second Quarter Results for the quarter ended September 30, 2007, and the the Company has posted Profit after tax of Rs. 1304 crore.

The company has registered a growth rate of 6.8% in the Net profit when compared to the last quarter’s profit of Rs 1220 crore. Total Income of Reliance Communications has increased from Rs 35256 crore for the quarter ended September 30, 2006 to Rs 4578 crore for the quarter ended September 30, 2007.

Reliance Communications results were in line with the Markets expectataions and the stock prices of the company closed at Rs. 771.95 up 0.67% on the BSE.

Patni Computer Systems Q3 Results : Net profit at Rs 99.3 Cr

Patni Computer Systems has announced its third quarter numbers and the company has posted consolidated net profit of Rs 99.3 crore for the quarter ended September 2007.

The company’s consolidated net profit is down from the previous quarter’s consolidated net profit of Rs 147.9 crore. But the company’s net sales increased to Rs 675 crore and the Fourth Quarter Guidance is projected at USD 170 million.

Patni Computer Systems shares are last trading at Rs 420.25 down 2.02% on the BSE at 11.50 Am.