Sasken Q1 net up 47%
Telecom and embedded products development company Sasken Technologies saw its net profit after tax for the first quarter ended June 30 increasing 47 per cent to Rs 20.2 crore from Rs 13.7 crore in the comparable quarter of the previous year. PAT margins in the first quarter were at 14.5 per cent.
Sequentially, PAT increased 418 per cent over Rs 3.9 crore posted in the previous quarter ended March 31.
SKF India net dips 51.78%
Bearing and lubrication systems manufacturer SKF India on Friday reported a decline of 51.78 per cent in its net profit at Rs 17.67 crore for the quarter ended June over the same period last year. The company had a net profit of Rs 36.65 for the same period ended June 2008, SKF India said in a filing to the BSE.
India Infoline net up 4%
India Infoline, a stock brokerage firm, said on Friday its consolidated net profit rose by 4.32 per cent to Rs 51.67 crore for the quarter ended June 30, 2009 over the same period last year. The company had a net profit of Rs 49.53 crore in the same period ended June 2008, India Infoline said in a filing to the BSE.
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