May 3, 2008

Market News 03 May 2008

03 May 2008 | 15:42

SIP Industries reports net loss of Rs 0.04 crore in the March 2008 quarter

SIP Industries reported net loss of Rs 0.04 crore in the quarter ended March 2008 as against net profit of Rs 0.03 crore during the previous quarter ended March 2007. Sales declined 36.84% to Rs 0.24 crore in the quarter ended March 2008 as against Rs 0.38 crore during the previous quarter ended March 2007.

03 May 2008 | 15:47

Bajaj Global net profit declines 20.00% in the March 2008 quarter

Net profit of Bajaj Global declined 20.00% to Rs 0.04 crore in the quarter ended March 2008 as against Rs 0.05 crore during the previous quarter ended March 2007. There were no sales reported in the quarter ended March 2008 as against Rs 1.06 crore during the previous quarter ended March 2007.

For the full year, net profit declined 20.83% to Rs 0.19 crore in the yearended March 2008 as against Rs 0.24 crore during the previous year ended March 2007. Sales declined 99.47% to Rs 0.04 crore in the year ended March 2008 as against Rs 7.49 crore during the previous year ended March 2007.

03 May 2008 | 15:49

Rama Paper Mills net profit rises 315.00% in the March 2008 quarter

Net profit of Rama Paper Mills rose 315.00% to Rs 0.83 crore in the quarter ended March 2008 as against Rs 0.20 crore during the previous quarter ended March 2007. Sales rose 43.70% to Rs 26.93 crore in the quarter ended March 2008 as against Rs 18.74 crore during the previous quarter ended March 2007.

For the full year, net profit rose 87.04% to Rs 7.07 crore in the year ended March 2008 as against Rs 3.78 crore during the previous year ended March 2007. Sales rose 0.72% to Rs 84.50 crore in the year ended March 2008 as against Rs 83.90 crore during the previous year ended March 2007.

03 May 2008 | 15:50

Delhi International Airport completes its second year of operations

GMR Infrastructure has announced that Delhi International Airport DIAL, a subsidiary of the company mandated to modernize and restructure the Indira Gandhi International Airport will complete its second year of operations at midnight. DIAL took charge of the IGI Airport on 03 May 2006 and has since taken out several important initiatives as part of the project to improve IGI Airport.

To acknowledge the support od passengers and employees, DIAL is organising various activities for its anniversary celebration. There will be contests for both domestic and international passengers who travel on 03 May 2008.

The company made this announcement during the trading hours today, 03 April 2008.

03 May 2008 | 15:52

Gravity (India) net profit declines 62.50% in the March 2008 quarter

Net profit of Gravity (India) declined 62.50% to Rs 0.03 crore in the quarter ended March 2008 as against Rs 0.08 crore during the previous quarter ended March 2007. Sales declined 16.52% to Rs 10.56 crore in the quarter ended March 2008 as against Rs 12.65 crore during the previous quarter ended March 2007.

For the full year, net profit rose 95.24% to Rs 0.82 crore in the year ended March 2008 as against Rs 0.42 crore during the previous year ended March 2007. Sales rose 10.06% to Rs 36.75 crore in the year ended March 2008 as against Rs 33.39 crore during the previous year ended March 2007.

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