Q2 Results

Voltamp Transformers has posted a net profit of Rs 27.33 crore for the second quarter ended September 30, a 47.64 per cent rise over the year-ago period.

The firm had clocked a net profit of Rs 18.51 crore in the same quarter last fiscal, Voltamp Transformers said in a filing with the Bombay Stock Exchange.

Net sales rose by 14.78 per cent at Rs 169.96 crore for the quarter under review from Rs 148.07 crore a year ago.

For six months ended September 30, the company reported a net profit of Rs 50.50 crore, a growth of 42.09 per cent over the corresponding year-ago period. It had a net profit of Rs 35.54 crore in the same period last fiscal.

The company's net sales rose to Rs 340.11 crore during six months from Rs 277.34 crore in the year-ago period.

Shares of the company were trading at Rs 405.05, down 3.24 per cent on the BSE.

**** Coromandel Fertilisers Q2 net up 71 pc at Rs 181 cr * Fertiliser and chemical manufacturer Coromandel Fertilisers Ltd today said its consolidated net profit for the its September quarter stood at Rs 181 crore, up by 71.56 per cent over the corresponding period a year ago.

The company had a consolidated net profit of Rs 105.5 crore in the same quarter last fiscal, Coromandel Fertilisers Ltd said in a filing to the Bombay Stock Exchange.

Its consolidated total income for the quarter rose to Rs 3,404.7 crore from Rs 1,802.7 crore for the year-ago period.

While net profit for the six months ended September 30, 2008 stood at Rs 374.8 crore, against Rs 131.2 crore for the same period last fiscal.

Shares of the company were trading at Rs 132.20, up 5.30 per cent in afternoon trade on the BSE.

Yes Bank Q2 net up 40 pc at Rs 64 cr * Private sector lender Yes Bank today said its net profit for the second quarter ended September 30 grew by 40.50 per cent at Rs 63.62 crore over the corresponding quarter last fiscal.

The bank registered a net profit of Rs 45.28 crore in the second quarter of FY'08, Yes Bank said in a filing with the Bombay Stock Exchange.

Total income for the quarter under review rose to Rs 569.93 crore from Rs 379.38 crore in the year-ago period.

"In the recent market environment, Yes Bank has preserved to ensure highest credit quality of assets while sustaining income and growth objectives," Yes Bank Managing Director and CEO Rana Kapoor said.

Shares of the company were trading at Rs 80.05, 0.44 per cent in afternoon trade on the BSE.

*** Blue Dart Express Q2 net dips 22 pc at Rs 13 cr * Courier and logistics major Blue Dart Express today said its net profit for the second quarter ended September 30 declined 22.08 per cent at Rs 13.58 crore over corresponding period last fiscal.

The firm registered a net profit of Rs 17.43 crore in the second quarter of FY'08, Blue Dart Express said in a filing with the BSE.

The company's net sales rose to Rs 262.84 crore in the quarter from Rs 207.30 crore in the same period a year ago.

For the six months ended September 30, Blue Dart Express reported a net profit of Rs 64.95 crore against Rs 50.99 crore in the corresponding period a year ago. Net sales of the firm rose to Rs 747.13 crore this fiscal from Rs 576.44 crore in the same period last year.

Shares of the company were trading at Rs 520, down 5.45 per cent in afternoon trade on the BSE.

Kirloskar Oil Q2 net dips 18 pc at Rs 27.3 cr * Kirloskar Oil Engines Ltd today said its net profit for the second quarter ended September 30 declined 18.75 per cent at Rs 27.3 crore over the corresponding period a year ago. The company had clocked a net profit of Rs 33.6 crore in the same quarter last fiscal, Kirloskar Oil Engines Ltd said in a filing with the Bombay Stock Exchange.

Net sales for the quarter under review rose to Rs 592 crore from Rs 543.5 crore for the corresponding period last fiscal.

For the six months ended September 30, 2008, the company posted a net profit of Rs 56.8 crore against a net profit of Rs 51 crore for the same period last year.

The company's net sales rose to Rs 1,157.8 crore for the reviewed period from Rs 1,035.1 crore for the same period last fiscal. Shares of the company were trading at Rs 55.50, down 1.16 per cent in afternoon trade on the BSE.

**** Sona Koyo Q2 net loss at Rs 7.32 cr * Steering gears and drive line components maker Sona Koyo Steering Systems today said its net loss for second quarter ended September 30 stood at Rs 7.32 crore, against a net profit of Rs 8.79 crore in the same period a year ago.

The firm's total income for the quarter under review rose to Rs 180.27 crore from Rs 166.30 crore in the second quarter of the previous fiscal, Sona Koyo Steering Systems Ltd said in a filing with the Bombay Stock Exchange.

For the six months ended September 30, the firm announced a net loss of Rs 8.96 crore, while net profit in the same period last fiscal stood at Rs 16.77 crore.

Shares of the company were trading at Rs 10.50, up 4.17 per cent on the BSE.

Bajaj Electricals Q2 net dips 7 pc at Rs 12 cr * Bajaj Electricals today said its net profit for the second quarter ended September 30 declined by 7.43 per cent at Rs 12.2 crore over the corresponding period last fiscal. The company had clocked a net profit of Rs 13.18 crore in the second quarter of fiscal 2008, Bajaj Electricals said in a filing with the Bombay Stock Exchange.

Net sales of the firm rose to Rs 378.57 crore in the quarter from Rs 304.28 crore in the same period a year ago.

For the six months ended September 30, the firm reported a net profit of Rs 22.22 crore, against Rs 20.96 crore in the corresponding period a year ago.

Bajaj Electricals' net sales rose to Rs 695.91 crore in the quarter under review from Rs 556.41 crore in the same period last year.

Shares of the company were trading at Rs 338.15, down 1.33 per cent in afternoon trade on the BSE.

*** Nippon Batteries Q2 net down 12 pc at Rs 4 cr * Nippon Batteries today said its net profit for the second quarter ended September 30 dipped by 11.95 per cent at Rs 3.83 crore over the corresponding quarter last fiscal.

The company had a net profit of Rs 4.35 crore in the second quarter FY'08, Nippon Batteries said in a filing with the BSE.

Total income for the quarter under review rose to Rs 73.09 crore from Rs 71.10 crore in the same period last year.

For the six months ended September 30, the company reported a net profit of Rs 7.55 crore, against Rs 8.56 crore in the corresponding period a year ago.

The firm's total income rose to Rs 143.10 crore in the second quarter from Rs 144.16 crore in the same period a year ago.

Shares of the company were trading at Rs 310, up 1.64 per cent in afternoon trade on the BSE.

Century Textiles Q2 net dips 57 pc at Rs 28 cr * B K Birla Group-controlled Century Textiles & Industries today said its net profit for second quarter ended September 30 declined 56.98 per cent at Rs 28.55 crore over the same period a year ago. The firm had a net profit of Rs 66.37 crore for Q2 of fiscal 2008, Century Textiles said in a filing with the BSE.

Its total income rose to Rs 872.11 crore in Q2 of current fiscal from Rs 784.95 crore in the same period last year.

For the six months ended September 30, Century Textiles reported a net profit of Rs 91.05 crore. It had clocked a net profit of Rs 170.48 in the same period last fiscal, and its total income rose to Rs 1,825.93 crore in the six-month period from Rs 1,631.92 crore in the same period in the last fiscal.

Shares of the company were trading at Rs 205.50, down 0.92 per cent on the BSE.

*** Tourism Finance Corp Q2 net at Rs 5 cr * Tourism Finance Corporation of India today said its net profit for the second quarter ended September 30 stood at Rs 4.90 crore, clocking more than a three-fold jump from the corresponding period year ago.

The company had a net profit of Rs 1.36 crore in Q2 of fiscal 2008, TFCI informed BSE.

Income from operations rose to Rs 18.24 crore in the quarter under review from Rs 12.52 crore in the same period a year ago.

For the six months ended September 30, the company posted a net profit of Rs 10.11 crore against Rs 2.96 crore in the corresponding period a year ago.

Income from operations rose to Rs 32.50 crore in the quarter under review from Rs 25.47 crore last year.

Shares of the company were trading at Rs 13.65, down 2.15 per cent in the afternoon trade on the BSE.

Bajaj Auto Finance Q2 net up 21 pc at Rs 4 cr * Consumer finance company Bajaj Auto Finance today said its net profit for the second quarter ended September 30 rose by 20.89 per cent at Rs 4.57 crore over the corresponding period a year ago. The company clocked a net profit of Rs 3.78 crore for second quarter FY'08, Bajaj Auto Finance said in a filing with the BSE.

Total income for the quarter rose to Rs 136.82 crore from Rs 123.10 crore in the same period a year ago.

For the six months ended September 30, Bajaj Auto Finance reported a net profit of Rs 7.58 crore against Rs 7.89 crore in the same period last year.

Total income rose to Rs 264.62 crore in the second quarter this fiscal from Rs 226.90 crore a year ago.

Shares of the company closed at Rs 70.30, down 2.02 per cent on the BSE.

*** GNFC Q2 net dips 34 pc at Rs 79 cr * Gujarat Narmada Valley Fertilisers today said its net profit for the second quarter ended September 30 dipped by 34.45 per cent at Rs 79.04 crore over the corresponding period a year ago.

The company posted a net profit of Rs 120.58 crore in Q2 of last fiscal, GNFC said in a filing with the BSE.

Net sales of the company rose to Rs 868.13 crore in the quarter under review, from Rs 1,141.18 crore in the same period a year ago.

For the six months ended September 30, the firm reported a net profit of Rs 107.31 crore against Rs 196.37 crore in the same period last fiscal.

Net sales of the company rose to Rs 1,405.96 crore from Rs 1714.83 crore in the same period a year ago.

Shares of the company were trading at Rs 54.55 crore, down 2.76 per cent on the BSE.

Shalimar Paints Q2 net up 1 pc at Rs 2 cr * Shalimar Paints today said its net profit for the second quarter ended September 30 rose 0.86 per cent at Rs 2.33 crore over the corresponding period a year ago. The company had a net profit of Rs 2.31 crore in Q2 of fiscal 2008, Shalimar Paints said in a filing with the Bombay Stock Exchange.

Net sales of the company rose to Rs 101.47 crore for the quarter under review from Rs 80.51 crore in the same period last fiscal.

Shares of the company closed at Rs 183.50,down 8.11 per cent on the BSE.

**** Jindal Saw Q2 net up 11 pc at Rs 100 cr * Jindal Saw today said its net profit for the second quarter ended September 30 grew by 11.11 per cent at Rs 100.08 crore over the corresponding period a year ago.

The firm had a net profit of Rs 90.07 crore in Q2 of last fiscal, Jindal Saw said in a filing with the BSE.

Total income of the firm rose to Rs 1,488.68 crore for the quarter under review from Rs 1,430.53 crore in the same period a year ago.

For the six months ended September 30, Jindal Saw posted a net profit of Rs 285.68 crore, a 17.86 per cent growth over the corresponding year-ago period. The company had clocked a net profit of Rs 242.37 crore in the same period last year.

Jindal Saw's total income decreased to Rs 3,463.33 crore during the six-month period from Rs 3,989.79 crore in the year-ago period.

Shares of the company closed at Rs 355.45, down 3.08 per cent on the BSE.

Bajaj Finserv Q2 net at Rs 12 cr * Bajaj Group financial services arm Bajaj Finserv today posted a consolidated net loss of Rs 11.87 crore for the second quarter ended September 30, while it had a net profit of Rs 47.73 crore in the corresponding quarter last fiscal.

Total income of the company rose to Rs 92.37 crore in the quarter under review from Rs 84.11 crore in the same period a year ago, Bajaj Finserv informed the Bombay Stock Exchange.

On a standalone basis, it posted a net profit of Rs 14.23 crore for the quarter ended September 30, while it clocked a net profit of Rs 16.6 crore in the same period a year ago.

Bajaj Finserv has significant presence in the insurance business through its 74 per cent holding in Bajaj Allianz Life Insurance, a 74 per cent holding in Bajaj Allianz General Insurance, and in retail financing through its 40.53 per cent holding in Bajaj Auto Finance.

Shares of the company closed at Rs 150, down 0.40 per cent on the BSE.

*** Neyveli Lignite Corp Q2 net dips 18 pc at Rs 188 cr * State-run Neyveli Lignite Corp today said its net profit for the second quarter dipped 18.46 per cent at Rs 188.39 crore over the corresponding period last fiscal.

The company posted a net profit of Rs 231.04 crore in the Q2 of FY 2008, Neyveli Lignite said in a filing with the BSE.

Its total income rose to Rs 818.31 crore for the September quarter from Rs 882.08 crore in the same period in FY 2008 .

For the six months ended September 30, the company has a net profit of Rs 474.22 crore, against Rs 512.41 crore in the corresponding year-ago period.

Total income rose to Rs 2,055.93 crore in the Q2 ended September 30 from Rs 1,808.01 crore in the year-ago period.

Shares of the company closed at Rs 62.50, down 2.50 per cent on the BSE.

* Hinduja Foundries, one of the largest suppliers of castings to automobile makers, today said its net profit for second quarter ended September 30 declined by 77.13 per cent at Rs 1.07 crore over the corresponding period a year ago. The company had a net profit of Rs 4.68 crore for the same quarter last fiscal, Hinduja Foundries Ltd said in a filing with the Bombay Stock Exchange.

Its net income rose to Rs 119.85 crore for Q2 of current fiscal from Rs 110.51 crore for the same quarter last year.

For the six months ended September 30, 2008, it posted a net profit of Rs 5.65 crore, while the company had a net profit of Rs 8.77 crore for the same quarter last fiscal.

Its net income rose to Rs 245.05 crore for the reviewed period from Rs 215.05 for the corresponding period last year.

Shares of the company closed at Rs 101.20, down 4.53 per cent on the BSE.

**** Greenply Industries Q2 net at Rs 11.14 cr * Plywood and laminate products maker Greenply Industries today posted a marginal growth in its net profit at Rs 11.44 crore for the second quarter ended September 30 over the corresponding period a year ago.

The company had a net profit of Rs 11.18 crore for the same quarter last fiscal, Greenply Industries Ltd said in a filing with the Bombay Stock Exchange.

Its net income rose to Rs 236.68 crore for the reviewed period from 158.88 crore for the year-ago period.

For the six months ended September 30, 2008, it posted a net profit of Rs 18.40 crore, while it had a net profit of Rs 2025 crore in the same period last fiscal.

Shares of the company closed at Rs 73.60, down 5.64 per cent on the BSE.