HT Media, Raymond, Aarti Inds' & Satra Properties Q1 Results

CORPORATE SCORECARD

HT Media Q1 net rises 10%

HT Media on Friday announced a net profit of Rs 37.72 crore for the first quarter ended June 30, a 10.14 per cent growth over the corresponding period a year ago. The company’s net profit stood at Rs 34.16 crore in the corresponding quarter last year, HT Media said in a filing to the Bombay Stock Exchange. Total income rose to Rs 332.89 crore from Rs 283.66 crore last year. HT Media’s wholly owned subsidiary Friely e-Ventures launched a new job portal Shine.Com.

Raymond loss at Rs 41.6 cr

Apparel manufacturer Raymond on Friday reported a net loss of Rs 41.6 crore for the quarter ended June 30, 2008, as against a net profit of Rs 5.4 crore in the corresponding period a year-ago. Net sales rose to Rs 235.7 crore from Rs 209.1 crore in the previous year, Raymond said in a filing to the BSE.

 

Aarti Inds’ PAT soars five-fold

Aarti Industries, the leading manufacturer of basic chemicals, speciality chemicals and pharmaceuticals, posted a 536 per cent jump in net profit at Rs 33.2 in the first quarter of the current fiscal as compared with Rs 5.2 crore in the corresponding period last year. Turnover grew by 85 per cent to Rs 361.7 crore during the quarter as against Rs 194.3 crore last year.

Satra Properties posts 56% jump in net

Satra Properties (India) posted 56 per cent rise in net profit at Rs 7.66 crore in the first quarter of the current fiscal as compared with Rs 4.92 crore in the corresponding quarter last year. The company’s Q1 turnover grew 264 per cent to Rs 100.08 crore as against Rs 275.29 crore in the comparable quarter last year. Margins were under pressure due to a general slowdown in the realty sector.