May 31, 2007

Quaterly Results

Easun Reyrolle reported 134.7% growth in net profit in Q4 March 2007 to Rs 6.76 crore from Rs 2.88 crore in Q4 March 2006. Net sales rose 44% to Rs 46.15 crore (Rs 32.05 crore).

The net profit rose 35.1% to Rs 17.67 crore in the year ended 31 March 2007 from Rs 13.08 crore in the year ended 31 March 2006. Net sales rose 25% to Rs 132.96 crore (Rs 106.40 crore). The company’s board also approved a 5-for-1 stock split.

Welspun India reported 3.92% fall in net profit in Q4 March 2007 to Rs 10.29 crore from Rs 10.71 crore Q4 March 2006. Sales rose 21.14% to Rs 248.46 crore (Rs 205.10 crore). The net profit rose 25.39% to Rs 52.10 crore in the year ended March 2007 from Rs 41.55 crore in FY 2006. Sales rose 46.93% to Rs 973.56 crore (Rs 662.60 crore).

Tata Chemicals posted net profit of Rs 94 crore in Q4 of FY07 compared to Rs 64 crore in Q4 of FY06. Net sales stood at Rs 803 crore (Rs 8.03 billion) versus Rs 754 crore (Rs 7.54 billion).

Hindustan Motors's net profit was at Rs 53 crore in Q4 versus Rs 13.8 crore on QoQ basis. The net sales figure stood at Rs 154.8 crore versus Rs 167.4 crore on QoQ basis.

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