26 Sep 07 Infosys Q2 results and dividend : Infosys to come out with Q2 results on October 11

Software major Infosys technologies has informed the stock exchanges that the board of directors of Infosys technologies  will meet on Oct 11 to consider the audited Q2 financial results. The market grapevine has it that the board of Infosys technologies might also announce a generous dividend on October 11 2007. Infosys technologies’ result will decide the market direction in the short term.

14 May 07 State Bank of India (SBI) Results & Dividend

State Bank of India (SBI) announced its results today.  SBI posted a 75% spurt in net profit to Rs. 1932 crores in the fourth quarter ended March 2007 (Q4 2007)  compared with Rs. 853 crores in the fourth quarter ended March 2006 (Q4 2006). State Bank of India (SBI) gave more loans to companies, individuals and farmers. Markets, especially the banking stocks, surged today as SBI’s results were much better than what the analysts expected. State Bank of India (SBI) has also declared a dividend of 140% which works out to Rs. 14 per share of face value Rs.10 each.

26 Apr 07 NICHOLAS PIRAMAL INDIA Limited Results, Dividend and Book Closure

Nicholas Piramal today reported Q4 FY2007 results. Nicholas Piramal reported a consolidated revenues of Rs. 6.4 billion, up 51.7% sequentially compared to the same quarter in the previous financial year. Nicholas Piramal’s Operating Profit during the period was up 137.9% to Rs. 848.9 million and the  Net Profit was up 262.2% to Rs. 549.5 million.

Nicholas Piramal India Limited has informed the Indian stock exchanges that, the Board of directors of Nicholas Piramal, at their meeting held on April 24, 2007 have recommended a dividend of 25%, which works out to Rs. 0.50 per equity share of face value Rs.2 each. The dividend is subject to statutory approval by the shareholders of Nicholas Piramal at the ensuing AGM on the 14th of June 2007. The register of members and shares transfer books of Nicholas Piramal shall remain closed from June 04 2007 to June 14 2007for the purpose of deciding the shareholders of Nicholas Piramal Ltd. who are entitled to receive the final dividend.

26 Apr 07 Akruti Nirman Q4 and FY 2007 results

Leading construction company, Akruti Nirman came out with its results today. Akruti Nirman reported a net profit of Rs. 57.18 crores in the Q4 2007 quarter ended March 2007. Sales of Akruti Nirman in the in the Q4 2007 quarter ended March 2007 were at Rs. 92.68 crores.

For the financial year ended march 2007, net profit of Akruti Nirman was up by 16.4% at Rs. 73.46 crores in the financial year ended March 2007 compared to Rs. 63.1 crores during the previous financial year ended March 2006. Sales of Akruti Nirman declined by 10.8% to Rs. 177.86 crores in the financial year ended March 2007 compared to Rs. 199.4 crores during the previous financial year ended March 2006.

26 Apr 07 Reliance Industries (RIL) results – Stock hits a new year high

Reliance Industries (RIL) was up 1.4% to Rs. 1623.50 at the opening bell. Reliance Industries (RIL) hit a high of Rs 1624.80, which is a new all time high for Reliance Industries (RIL). Reliance Industries (RIL) extended gains ahead of its widely expected Q4 results which came later in the day.

Net profit of Reliance Industries (RIL) was up 14.03% to Rs. 2853 crores in the Q4 2007 quarter ended March 2007 compared to Rs. 2502 crores during the same quarter in the previous year (ie) quarter ended March 2006. Sales of Reliance Industries (RIL) was up 5.5% to Rs 25895 crores in the Q4 2007 quarter ended March 2007 as against Rs 24542.00 croreduring the same quarter in the previous year (ie) quarter ended March 2006.

For the financial year ended march 2007, net profit of Reliance Industries (RIL) was up 20.28% to Rs. 10908 crores in the full year ended March 2007 compared to Rs. 9069 crores during the previous financial year ended March 2006. Sales of Reliance Industries (RIL) rose 29.74% to Rs. 105363 crores in the full year ended March 2007 as against Rs. 81211 crores during the previous financial year ended March 2006.

25 Apr 07 HDFC Bank Results and Dividend

Banking major, HDFC Bank announced its quaterly results for the quarter ended March 2007. HDFC Bank posted a net profit of Rs. 343.6 crores in the quarter ended March 2007, up 30.5% compared with Rs. 263.2 crores for the same quarter in the previous fiscal (ie.) quarter ended March 2006. Total Income of HDFC Bank increased to Rs. 2384.2 crores in the quarter ended March 2007 as against Rs. 1682.6 crores in the same quarter in the previous fiscal (ie.) quarter ended March 2006.

The Board of directors of HDFC Bank have recommended a dividend of Rs. 7 per share. The dividend is subject to statutory approval by the shareholders of HDFC Bank in the ensuing AGM.

24 Apr 07 Hexaware Technologies Q4 2007 Results

Net profit of Hexaware Technologies rose 25.7% to Rs. 26.30 crores in the Q4 2007 quarter ended March 2007 compared to Rs. 20.9 crores during the Q4 2006 quarter ended March 2006. Sales of Hexaware Technologies increased by 35.8% to Rs. 118.17 crores in the Q4 2007 quarter ended March 2007 compared to Rs 87 crores during the Q4 2006 quarter ended March 2006.

24 Apr 07 Maruti Udyog Limited (MUL) Q4 2007 and FY 2007 results and Dividend

Maruti Udyog Limited (MUL)has posted a net profit of Rs. 448.56 crore for Q4 2007 quarter ended March 2007 compared to Rs. 360.92 crores for the Q4 2006 quarter ended March 2006. Total income of Maruti Udyog Limited (MUL) has increased to Rs. 4634.74 crores for Q4 2007 quarter ended March 2007 compared to Rs 3392.27 crore for the Q4 2006 quarter ended March 2006.

For the financial year FY2007 ended March 2007, Maruti Udyog Limited (MUL) has posted a net profit of Rs. 1561.98 crores compared to Rs 1189.05 crore for the financial year FY2006 ended March 2006. For the financial year FY2007 ended March 2007 total income of Maruti Udyog Limited (MUL)rose to Rs. 15252.30 crores compared to Rs. 12481.43 crores for the financial year FY2006 ended March 2006.

Maruti Udyog Limited (MUL) dividend
Maruti Udyog Limited (MUL) has informed the Indian stock exchanges that, the Board of directors of Maruti Udyog, at their meeting held on April 24, 2007 have recommended a dividend of 90%, which works out to Rs.4.50 per equity share of face value Rs.5 each. The dividend is subject to statutory approval by the shareholders of Maruti Udyog at the ensuing AGM.

The shares of Maruti Udyog Limited (MUL) advanced by 4.35% to Rs. 800 following the announcement of excellent results and dividend.

24 Apr 07 Yes Bank Q4 and FY 2007 Results

Yes Bank came out with impressive Q4 and FY 2007 results. Net profit of Yes Bank was up by 101.70% to Rs. 30.90 crores in the Q4 2007 quarter ended March 2007 compared to Rs. 15.32 crore during the Q4 2006 quarter ended March 2006. Sales of Yes Bank rose by almost 200% to Rs 202.35 crore in the quarter ended March 2007 compared to Rs. 67.47 crore during the same period in 2006 ie quarter ended March 2006.

For the full year FY2007, net profit of Yes Bank rose by 70.57% to Rs 94.36 crore in the financial year ended March 2007 as against Rs. 55.32 crores during the previous financial year ended March 2006. Sales of Yes Bank rose 208.97% to Rs. 587.60 crore in the year ended March 2007 compared to Rs. 190.18 crore during the previous financial year ended March 2006.

24 Apr 07 Kale Consultants Limited results and Dividend

Kale Consultants Limited has informed the Indian stock exchanges that, the Board of directors of Kale Consultants, at their meeting held on April 24, 2007 have recommended a dividend of 12.5%, which works out to Rs.1.25 per equity share of face value Rs.10 each. The dividend is subject to statutory approval by the shareholders of Kale Consultants at the ensuing AGM. Earlier in the day, Kale Consultants announced its q4 2007 results. Total Revenue of Kale Consultants was up 33% in Q4 2007.

23 Apr 07 Indian Bank announces results, declares dividend

Indian Bank has reported a net profit of Rs 235 crore in Q4 2007. Indian Bank has informed the Indian stock Exchanges that the Board of Indian Bank at the meeting held on April 23, 2007, has recommended a dividend of 20% and a special dividend of 10% on the Equity Shares of face value Rs.10 each. The special dividend was announced to mark Indian Bank’s Centenary Year Celebrations for the year 2006-07.

23 Apr 07 Tanla Solutions limited announces excellent results, stock hits upper circuit

Tanla Solutions limited announced its FY 07 results today.  Tanla Solutions reported a 263% growth in consolidated total income. Total Income of Tanla Solutions for the year ended march 2007 was 229 crores compared to an income of 63 crores in FY06. Tanla Solutions profit grew by 207% for FY 2007. The net profit of Tanla Solutions for the year ended march 2007 stood at 93 crores compare to a net profit of Rs. 30 crores in the financial year ended march 2006.

Tanla Solutions ltd already paid an interim dividend of 100% (Rs.2 per share of face value Rs. 2) in march 2007. The dividend for the previous year was only 25%. Following excellent results, the shares of Tanla Solutions hit the upper circuit after the announcement was made. The shares of Tanla Solutions remained locked at the upper circuit till the closing bell. At the closing bell, Tanla solutions had outstanding buyers for 117349 shares with no sellers.

20 Apr 07 India Cements results

Net profit of India Cements rose by a whooping 417% to Rs 139.8 crores in the quarter ended March 2007 as against Rs 27 crores during the corresponding quarter in the previous financial year. Net sales rose 36.19% to Rs 575.75 crore in the quarter ended March 2007 as against Rs 422.76 crore during the corresponding quarter in the previous financial year.

For the full year FY2007, net profit rose by a whooping 892% to Rs 449.5 crores for the financial year ended March 2007 as against Rs 45 crores during the year ended March 2006. Net sales rose 32.95% to Rs 2049.74 crore for the year ended March 2007 as against Rs 1541.75 crore during the the previous financial year.

20 Apr 07 Gujarat Ambuja Cement excellent results

Net profit of Gujarat Ambuja Cement rose 97.8% to Rs. 590 crores in the quarter ended March 2007 as against Rs 298.60 crores during the quarter ended March 2006. Net sales rose 55.13% to Rs 1433.84 crore in the quarter ended March 2007 as against Rs 924.29 crore during the quarter ended March 2006.

20 Apr 07 Satyam Computer results – Excellent results and strong forecasts

Indian software major Satyam Computer Services reported a net profit of Rs. 394 crores in the Q4, 2007 quarter ended March 2007 compared to Rs. 337 crores in the previous quarter (Q3, 2007) ended December 2006. This implies a sequential growth of almost 17%, despite the rupee appreciation and the hedging cost. Satyam Computers revenues increased by over 7% to Rs. 1779 crores from Rs 1,661.12 crores.

Satyam Computer Services has given a strong revenue growth guidance of 20% – 22% to Rs. 7793 – Rs. 7916 crore for FY 2008, and an EPS growth guidance of 19.25% – 21% to Rs. 25.32 per share - Rs 25.73 per share. As a result of the exellent results and strong revenue guidance, the shares of Satyam Computers jumped 4.6% to Rs. 468 after the announcement was made.