Wednesday, January 30, 2008

Q3 Results Update - Part 2 - 30/01/2008

DLF Q3 consolidated net profit at Rs 2,139cr

DLF, India's biggest real estate developer, today reported a 6% increase in consolidated net profit at Rs 2,139 crore for the third quarter ended December 31, 2007, when compared with Rs 2,018 crore in the second quarter ended September 30, 2007 due to the growing demand for houses, offices and hotel space.

Total revenue increased 9% to Rs 3,651.25 crore from Rs 3,349 crore in the Q2FY08, a company release said.

Rajiv Singh, vice chairman, DLF, said: "We plan to build 6,000 apartments this quarter when compared with 3,000 apartments in the third quarter, and will limit sales to one per family to focus sales to user-buyers."

MTNL Q3 net down 53%

Mahanagar Telephone Nigam Ltd (MTNL) today announced a 53.17% decline in net profit at Rs 97.63 crore for the quarter ended December 31, 2007 as compared to Rs 208.60 crore in Q3FY07.

According to a release to the BSE, the company's total income has decreased to Rs 1,326.91 crore for the quarter ended December 31, 2007 from Rs 1,428.02 crore for the quarter ended December 31, 2006

Sobha Developers Q3 net up 34%

Bangalore-based Sobha Developers today reported a 33.69% increase in net profit at Rs 61.10 crore for the third quarter ended December 31, 2007 when compared with Rs 45.70 crore in Q3FY07.

Total income moved up 19.16% to Rs 355.70 crore for the third quarter ended December 31, 2007 as against Rs 298.50 crore in Q3FY07.

NTPC Q3 net down 15% to Rs 1,780cr

National Thermal Power Corporation (NTPC) today announced a 15.37% decline in net profit, on a standalone basis, at Rs 1,779.9 crore for the third quarter ended December 31, 2007 when compared with Rs 2,103.3 crore in Q3FY07.

According to a release to the Bombay Stock Exchange, total income increased to Rs 10,093.2 crore for the quarter ended December 31, 2007 from Rs 9,311.0 crore in the quarter ended December 31, 2006.

Cummins India Q3 PAT up 19%

Cummins India announced today that its net profit after tax (PAT) increased 18.63% at Rs 74.61 crore for the quarter ended December 31, 2007 when compared with Rs 62.89 crore in Q3FY07.

According to a release to the Bombay Stock Exchange, the company's total income increased to Rs 617.11 crore for the quarter ended December 31, 2007 from Rs 502.95 crore for the quarter ended December 31, 2006

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