SREI Infra has announced its first quarter results. The company's Q1 consolidated total income was up 59% at Rs 509.48 crore versus Rs 321.34 crore, year-on-year, YoY.
Its expenditure was up 1.04x at Rs 142.78 crore versus Rs 70.04 crore.
The company's PAT was up 17% at Rs 54.60 crore versus Rs 46.65 crore.
Its EBITDA was up 54% at Rs 408.30 crore versus Rs 264.43 crore.
The company's OPM was down at 80.14% versus 82.29%.
Source: www.moneycontrol.com
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DENIP Consultants Pvt Ltd
Wednesday, August 3, 2011
Sun TV Q1 net profit down 10% at Rs 188 cr
Sun TV Network has announced its first quarter results. The company's Q1 net profit was down 10% at Rs 188 crore versus Rs 208.3 crore, quarter-on-quarter, QoQ.
Its income from operations was down 1.41% at Rs 454 crore versus Rs 460.5 crore, QoQ.
Source: www.moneycontrol.com
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Gaurav Agarwal
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DENIP Consultants Pvt Ltd
Its income from operations was down 1.41% at Rs 454 crore versus Rs 460.5 crore, QoQ.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Sun TV Q1 net profit down 10% at Rs 188 cr
Sun TV Network has announced its first quarter results. The company's Q1 net profit was down 10% at Rs 188 crore versus Rs 208.3 crore, quarter-on-quarter, QoQ.
Its income from operations was down 1.41% at Rs 454 crore versus Rs 460.5 crore, QoQ.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Its income from operations was down 1.41% at Rs 454 crore versus Rs 460.5 crore, QoQ.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
United Bank Q1 net profit up 22% at Rs 132cr YoY
United Bank of India has reported a rise of more than 22% (YoY) in profits for the first quarter of FY12. During the period, net profit of the bank has increased to Rs 132 crore as against Rs 108 crore in the corresponding quarter of last fiscal year.
Net interest income shot up 12% to Rs 569 crore from Rs 509 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Net interest income shot up 12% to Rs 569 crore from Rs 509 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Eicher Motors Q1 cons net profit up 38% at Rs 76.3 cr
Eicher Motors has reported a rise of over 38% (YoY) in profits for the first quarter of FY12. During the period, consolidated net profit of the company increased to Rs 76.3 crore as against Rs 55.2 crore in the corresponding quarter of last fiscal year.
Consolidated net sales jumped 25% to Rs 1,290 crore from Rs 1,030 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Consolidated net sales jumped 25% to Rs 1,290 crore from Rs 1,030 crore year-on-year.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Godrej Q1 cons net profit up 46% at Rs 71.3cr YoY
Godrej Industries has reported a rise of 46% (YoY) in profits for the first quarter of FY12. During the period, consolidated net profit of the company increased to Rs 71.3 crore against Rs 48.7 crore in the corresponding quarter of last fiscal year.
Consolidated net sales jumped 36% to Rs 1,307.4 crore from Rs 962.4 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Consolidated net sales jumped 36% to Rs 1,307.4 crore from Rs 962.4 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
India Infoline Q1 cons net profit down 36.7% at Rs 27.3 cr
India Infoline has reported a fall of 36.7% (YoY) in profits for the quarter ended June 2011. During the period, consolidated net profit of the company declined to Rs 27.3 crore against Rs 43.1 crore in the corresponding quarter of last fiscal.
Consolidated income from operations went up 17.4% to Rs 359 crore from Rs 305.8 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Consolidated income from operations went up 17.4% to Rs 359 crore from Rs 305.8 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
IDBI Bank Q1 net up 34% on higher NII, eyes 15% loan grow
IDBI Bank’s first quarter net profit rose nearly 34% year-on-year at Rs 335 crore, driven by a jump of 36% in its net interest income (NII) at Rs 1,152 crore. However, the net interest margin or NIM contracted marginally from 2.10% to 2.07% quarter-on-quarter.
“We would maintain our NIM in the range of 2.10-2.20% in FY12,” P Sitaram, CFO, IDBI Bank told Moneycontrol.com.
“We will not grow our loan book aggressively unless we attain a mandated target of 40% priority sector loans. However, we will sustain around 15% loan growth for the full year. Asset quality may come under stress in the next two quarters but we are expecting better performance in March quarter.”
As per regulations, banks are supposed to lend in priority sector which typically includes loans in agriculture and SME sectors. As on June, the bank has around 30% exposure in priority sector.
Net non-performing assets (NPAs) increased sequentially from 1.06% to 1.25% while the gross non-performing assets too went up from 1.70% to 2.10%. The lender sees some stress in assets coming out from small companies due to rising interest rates.
However, it does not see any systemic risk from its large coporate borrowers. The lender has hiked its lending rates on Friday by 75 bps to 10.75% (base rate) and 15.25% (benchmark prime lending rate).
The bank has made additional provisions of Rs 280 crore on the backdrop of the Reserve Bank of India’s new provisioning norms. However, provisions fell from Rs 502 crore to Rs 426 crore Y-o-Y.
According to the CFO, the incremental bad loans were higher in Q1, 2010-11, which in turn, had resulted in higher provisioning.
In April this year, the Reserve Bank of India increased provisioning norms from 10% to 15% on sub-standard assets while standard restructured assets too have to be provided at 2% as against 0.25-1% earlier.
IDBI Bank’s deposits grew 12% at Rs 1,54,984 crore. CASA (Current Account and Savings Account) ratio stood at 17.3%.
“We would like to increase our CASA ratio to 22% by March, 2012. We are focusing more on branch banking. Total number of branches should scale up to 1,000 from 858 in March quarter,” said Sitaram.
IDBI Bank shares were down 1% at Rs 129 at the close of Friday’s trading.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
“We would maintain our NIM in the range of 2.10-2.20% in FY12,” P Sitaram, CFO, IDBI Bank told Moneycontrol.com.
“We will not grow our loan book aggressively unless we attain a mandated target of 40% priority sector loans. However, we will sustain around 15% loan growth for the full year. Asset quality may come under stress in the next two quarters but we are expecting better performance in March quarter.”
As per regulations, banks are supposed to lend in priority sector which typically includes loans in agriculture and SME sectors. As on June, the bank has around 30% exposure in priority sector.
Net non-performing assets (NPAs) increased sequentially from 1.06% to 1.25% while the gross non-performing assets too went up from 1.70% to 2.10%. The lender sees some stress in assets coming out from small companies due to rising interest rates.
However, it does not see any systemic risk from its large coporate borrowers. The lender has hiked its lending rates on Friday by 75 bps to 10.75% (base rate) and 15.25% (benchmark prime lending rate).
The bank has made additional provisions of Rs 280 crore on the backdrop of the Reserve Bank of India’s new provisioning norms. However, provisions fell from Rs 502 crore to Rs 426 crore Y-o-Y.
According to the CFO, the incremental bad loans were higher in Q1, 2010-11, which in turn, had resulted in higher provisioning.
In April this year, the Reserve Bank of India increased provisioning norms from 10% to 15% on sub-standard assets while standard restructured assets too have to be provided at 2% as against 0.25-1% earlier.
IDBI Bank’s deposits grew 12% at Rs 1,54,984 crore. CASA (Current Account and Savings Account) ratio stood at 17.3%.
“We would like to increase our CASA ratio to 22% by March, 2012. We are focusing more on branch banking. Total number of branches should scale up to 1,000 from 858 in March quarter,” said Sitaram.
IDBI Bank shares were down 1% at Rs 129 at the close of Friday’s trading.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Grasim Q1 cons net profit up 31% at Rs 751.7 cr
Grasim Industries has reported a rise of 30.7% (YoY) in profits for first quarter of FY12. Consolidated net profit of the company increased to Rs 751.7 crore against Rs 575.1 crore in the corresponding quarter of last fiscal.
Consolidated net sales shot up 16% to Rs 5,872.1 crore from Rs 5,055.2 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Consolidated net sales shot up 16% to Rs 5,872.1 crore from Rs 5,055.2 crore year-on-year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
PFC Q1 net profit up 5% at Rs 686cr YoY
Power Finance Corporation (PFC), a state-run lender to power projects, has reported a jump of 5% (YoY) in quarterly profit. During the period, net profit of the company increased to Rs 686 crore from Rs 652 crore in the corresponding quarter of last fiscal year.
Net sales jumped 21% to 2,908 crore in April-June quarter against Rs 2,405 crore in same quarter the previous year.
Source: www.moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
Net sales jumped 21% to 2,908 crore in April-June quarter against Rs 2,405 crore in same quarter the previous year.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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