Friday, November 9, 2012

Corporate News 9-11-2012

Steel Authority of India Ltd reported a 12% rise in net profit during the second quarter of 2012-13 fiscal against the same period previous year.


Kingfisher Airlines reported a net loss of Rs 754 crore for the July-September quarter, a sharp increase from Rs 469 crore in the year-ago period, and said it is working on a plan to resume services.

Sun Pharmaceutical Industries reported a 46.5% drop in quarterly net profit after it set aside Rs 584 crore towards a possible compensation in a patent dispute case related to drug Protonix.

Ipca Laboratories has said that there will be no finished drug exports from its Madhya Pradesh plant to the US, till it resolves certain “non-conformances” that it noticed and referred to the US regulatory authority.

GVK Power & infrastructure Ltd has entered into an agreement for the operation, management and development of commercial facilities at Denpasar International Airport, Bali, Indonesia.




Results on 9th Nov 2012: PFC, Eicher Motors, Bharti Shipyard, Videocon Industries, Tata Steel, Suzlon Energy, MOIL, Amtek Auto, Aurobindo Pharma, ONGC, Punj Lloyd, Educomp, Gitanjali Gems, SUN TV, United Spirits, ABG Shipyard, Balaji Telefilms, BPCL, SBI, Tata Chemicals, HPCL, CESC, Neyveli Lignite, Orchid Chemicals, IOC, Jindal Steel & Power.

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