Jay Shree Q1 net profit up at Rs 18 cr

Jayshree Tea has declared its first quarter results. The company's Q1 net profit was up at Rs 18 crore versus Rs 12 crore.

Its net sales were up at Rs 91 crore versus Rs 82 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Bombay Rayon Q1 net profit up 9% at Rs 56.8 cr

Bombay Rayon Fashion has reported a rise of nearly 9% (YoY) in profits for first quarter of FY12. During the period, net profit of the company increased to Rs 56.8 crore as against Rs 52.2 crore in the corresponding quarter last fiscal.

Net sales shot up 20% to Rs 603.8 crore from Rs 502.7 crore year-on-year.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Tata Comm Q1 cons net loss at Rs 218 cr

Tata Communications has declared its Q1FY12 consolidated results. The company's Q1 revenue was up 13% at Rs 3257 crore versus Rs 2885 crore.

Its net loss was at Rs 218 crore versus loss of Rs 281 crore

Its total expenditure was up 11% at Rs 3351 crore versus Rs 3008 crore.

Its EBITDA was up 25% at Rs 326 crore versus Rs 260 crore.

Its EBITDA margin was at 10% versus 9%

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Bharat Forge Q1 net up 64% YoY to Rs 97.42 crore

Bharat Forge first quarter net profit surged 64% year-on-year to Rs 97.42 crore. The company’s total net sales for the April-June quarter were up over 36% from a year ago to Rs 829.34 crore.


A 67% surge in Bharat Forge’s exports offset a slower 18.6% revenue growth in the domestic market. The company said there was a 10% sequential drop in automotive volumes during the quarter in the domestic market.

Bharat Forge said revenue from overseas operations was up 38% year-on-year to Rs 710.8 crore helped by strong auto demand. Profit before tax overseas was up 54% to Rs 11.1 crore.

"This quarter results show all round performance across geographies and industries and it clearly accentuates the benefits derived from the derisked business model we have put in place," said Chairman and Managing Director, BN Kalyani.

Bharat Forge said its non-automotive business grew 50% year-on-year and it "continues to witness tremendous traction with good order flow."

Bharat Forge shares surged over 5% at Rs 283.60 on NSE post the earnings announcement in morning trade.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Mahindra Satyam Q1 cons PAT at Rs 225 cr

Mahindra Satyam's first quarter FY12 consolidated net profit was at Rs 225 crore versus loss of Rs 327 crore, quarter-on-quarter.

During the period, its consolidated revenues were up at Rs 1,434 crore versus Rs 1,375 crore (QoQ). In the fourth quarter of last fiscal, it incurred an extraordinary loss of Rs 570 crore.

Financial Highlights in USD (per Convenience Translation):

First Quarter consolidated Revenue was USD 320 million, up 5.2% QoQ, 19.3% YoY

EBITDA was at USD 46.9 million, up 18.8% QoQ

Margin at 14.6% up 168 bps, from 13.0% in Q4 FY11

Profit After Tax was at USD 50.2 million

Other Highlights

Total headcount at 31,438 as of June 30, 2011, a net addition of 2,172 for the quarter

Attrition improved to 17% compared to 22% in Q4 FY11

Active Customer count at 220

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sobha Developers Q1 PAT down at Rs 31 cr

Sobha Developers has announced its first quarter results. The company's Q1 net profit was down at Rs 31 crore versus Rs 34 crore, year-on-year, YoY.

Its Q1 net sales were up at Rs 317 crore versus Rs 315 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

ABB Q2 PAT up at Rs 39 cr

ABB has announced its second quarter results. The company’s Q2 net profit was up at Rs 39 crore versus Rs 38 crore, year-on-year, YoY.

Its net sales were up at Rs 1,693 crore versus Rs 1,447 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Wockhardt Q1 cons net profit at Rs 194 cr

Wockhardt has announced its first quarter results. The company's Q1 consolidated net profit was at Rs 194 crore versus loss of Rs 116 crore.

Its consolidated net sales were up at Rs 1,053 crore versus Rs 922 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Tata Coffee Q1 cons PAT up at Rs 13.1 cr

Tata Coffee has announced its first quarter results. The company's Q1 consolidated net profit was up at Rs 13.1 crore versus Rs 12.1 crore, year-on-year, YoY.

Its consolidated revenue was up at Rs 332 crore versus Rs 315 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Omaxe Q1 cons PAT down at Rs 20 cr

Omaxe has announced its first quarter results. The company's Q1 consolidated net profit was down at Rs 20 crore versus Rs 22 crore, year-on-year, YoY.

Its consolidated net sales were up at Rs 329 crore versus Rs 253 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd