| Jindal Stainless Q2 net dips 57%
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| Jindal Stainless Ltd on Friday announced it had posted a 56.91 per cent decline in net profit at Rs 41.81 crore for the quarter ended September 30, 2007 as compared with Rs 97.05 in the corresponding period last year.
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| Total income for the quarter also decreased to Rs 1,130.5 crore as against Rs 1,150 crore in the previous corresponding period.
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| Dabur Pharma net jumps 22%
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| Oncology speciality firm Dabur Pharma has recorded a 22 per cent increase in net profit at Rs 8.54 crore for the quarter ended September 30, compared with Rs 6.96 crore in the same period a year ago.
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| The company’s net turnover during the period was lower at Rs 63.6 crore compared with Rs 95.43 crore in the corresponding period last year.
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| The company attributed the decline to the sale of non-oncology business of the company in April, 2007, and also due to the rupee appreciation vis-ŕ-vis the US dollar.
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| Ajay Kumar Vij, CEO, Dabur Pharma, said, “Our clear focus and dedicated investments in the area of oncology are delivering results in line with our expectations. With the opening up of the US & European markets, the company expects to maintain the growth curve well into the future.”
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| D-Link India’s net up 13%
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| Manufacturer of networking and communication products D-Link India posted a 13.33 per cent growth in its profit after tax of Rs 7.31 crore for the quarter ended September 30 compared with Rs 6.45 crore in the previous corresponding quarter. Total income marginally increased to Rs 74.06 crore (Rs 72.22 crore). |
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