conference call

Biocon came out with the financial results for the quarter ended March’09 and held a tele conference call on 28th April’09 to discuss the performance as well as future course of actions. The following are the key takeaways from the meet are as follows. The consolidated net sales for the quarter ended March’09 posted a … Read more Biocon – Capex for FY’10 would be around Rs 100 crore

Highlights of the concall The net sales for the quarter increased 25% Y-o-Y to Rs 457.58 crore. The OPM for the quarter improved 60 bps to 23.3% on the back of significantly higher sugar prices on Y-o-Y while PAT at the end stood 10% higher at Rs 37.77 crore. Sugar operation achieved turnaround during the … Read more Triveni Engineering sugar inventory of 3,42,000 tonne

Highlights of the concall During Q2 FY09 the net sales of the company grew 15% Y-o-Y to Rs 357.11 crore mainly on the back of higher sugar prices. The OPM for the quarter slipped from 43.2% to 36.7% on Y-o-Y, though was notable considering the past down cycle and performance of industry pees and PAT … Read more Balrampur Chini Mills Expects a structural change in sugar prices

Key takeaways of the conference call Sales for the quarter was lower by 23% to 262.26 crore and the net profit was lower by 53% to Rs 14.37 crore. While the core engines business revenue for the quarter was lower by 5% (to Rs 223.78 crore) its PBIT was lower by just 2% (to Rs … Read more Greaves Cotton Automotive engine sales picked up from Feb 2009

Reliance Infrastructure held a conference call to discuss quarterly and yearly results and future growth plans. Lalit Jalan, CEO & Whole Time Director addressed the conference call Highlights of the Call As on March 31, 2009, the net worth of the Company stood at Rs 11,907 crore (US$ 2.4 billion). Book value per share increased … Read more Reliance Infrastructure EPC order book position of Rs 20,625 crore

Highlights- The revenue during the quarter ended March 2009 increased by 46% to Rs 498.08 crore as compared to the same period last year. However the profitability was significantly impacted due to substantial increase in the power & fuel cost despite the coal prices stabilizing considerably. The PBT fell by 25% to Rs 54.32 crore … Read more Binani Cement Prices are expected to remain firm till monsoon