Wednesday, February 2, 2011

Corporate News Updates 02-Feb

Net profit of Parshwanath Corporation rose 1400.00% to Rs 0.60 crore in the quarter ended December 2010 as against Rs 0.04 crore during the previous quarter ended December 2009. Sales reported to Rs 0.19 crore in the quarter ended December 2010. There were no sales reported during the previous quarter ended December 2009.

Net profit of Symphony rose 254.30% to Rs 10.31 crore in the quarter ended December 2010 as against Rs 2.91 crore during the previous quarter ended December 2009. Sales rose 108.61% to Rs 53.57 crore in the quarter ended December 2010 as against Rs 25.68 crore during the previous quarter ended December 2009.

Net profit of Hasti Finance rose 2800.00% to Rs 0.29 crore in the quarter ended December 2010 as against Rs 0.01 crore during the previous quarter ended December 2009. Sales rose 966.67% to Rs 0.32 crore in the quarter ended December 2010 as against Rs 0.03 crore during the previous quarter ended December 2009.

Net profit of Chettinad Cement Corporation rose 783.26% to Rs 37.98 crore in the quarter ended December 2010 as against Rs 4.30 crore during the previous quarter ended December 2009. Sales rose 40.64% to Rs 416.33 crore in the quarter ended December 2010 as against Rs 296.02 crore during the previous quarter ended December 2009.

Net profit of Hittco Tools rose 350.00% to Rs 0.18 crore in the quarter ended December 2010 as against Rs 0.04 crore during the previous quarter ended December 2009. Sales rose 66.67% to Rs 2.15 crore in the quarterended December 2010 as against Rs 1.29 crore during the previous quarter ended December 2009.

Hero Honda Motors, India's largest motorcycle maker, said its sales in January rose almost a fifth from a year earlier to 466,524 units.

Construction firm RPP Infra today said it has entered into a joint venture (JV) in West Africa with a Gabonese company, Resurgent Gabon, for a road project worth Rs 100 crore.

In an integrated joint venture with the Russian giant Transtonnelstroy Limited, Afcons Infrastructure Limited, a group company of Shapoorji Pallonji, has successively secured two metro projects in Chennai, amounting to Rs 2,598 crore.

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