Popular Articles

Cues from Asian market, RBI worries drag Sensex
Markets opened weak this morning following cues from the Asian markets. The Securities and Exchange Board of India’s (Sebi’s) move against Reliance also dampened the sentiment. The stock slipped below the Rs 1,000-mark in early trades.

Markets open flat
The markets have opened on a lacklustre note. The Sensex is quoting at 16,690, down 29 points and the Nifty is at 4,974, down 12 points.

News of the day

UAC members spurn Posco's compensation applications
In yet another setback to the beleaguered Posco steel project in Orissa, the members of the United Action Committee (UAC), a purportedly pro-Posco outfit in the project site area, has decided not to apply to the district administration in Jagatsinghpur for compensation against loss of betel vines.
Home Business

Natco Pharma, Apollo Hospitals, Sundram Fasteners & Emami Q2 result

Natco Pharma net up 13% Hyderabad-based manufacturer of integrated pharmaceutical and bulk chemicals Natco Pharma Ltd reported a net profit of Rs 13.37 crore for the second quarter ended September 30, compared with Rs 11.87 crore in the corresponding quarter last year — a growth of 12.63 per cent. Jan cement sales in high double-digit Apollo Hospitals net up 13% Apollo Hospitals Enterprise Ltd (Apollo Hospitals) has reported a net profit after tax of Rs 34.06 crore for the quarter ended September 30, against Rs 30.13 crore in the same period last year — an increase of 13 per cent. While the group’s health care business continued to report a profit (Rs 64.01 crore compared with Rs 49.98 crore a year ago), the pharmacy business continues to report a loss (Rs 3.70 crore compared with the Rs 3.50-crore loss last year). Sundram Fasteners net at Rs 19 cr Sundram Fasteners has reported a net profit after tax of Rs 18.87 crore for the quarter ended September 30, against Rs 9.17 crore in the same period last year. Total income dropped to Rs 331.44 crore from Rs 388.37 crore — a drop of around 14 per cent. Emami PAT doubles to Rs 28.66 crore Personal-care major Emami’s net profit stood at Rs 28.66 crore for the quarter ended September 30, 2009, more than doubling from Rs 13.47 crore in the corresponding quarter of the previous financial year. Emami’s net sales at Rs 211.73 crore for the quarter, too, saw a growth of 66 per cent from Rs 127.79 crore in the corresponding previous.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):