conference call

Highlights of call The management believes that the environment is cautious. Expansions have been put on hold. Domestic India business was down. The pricing environment is stable for the Company with only one client asking for volume discount at the moment. The realizations could come down due to shift from onsite to offshore. In international … Read more Hinduja Global Solutions – Expression of Interest for Satyam

Highlights of the Discussion The bank plans to increase its advances by focusing on midcap and SME businesses. The bank does not plan to invest in following sectors in the slow economic scenario: gems & jewellery, textile, leather and auto ancillary. For the future, the bank’s focus would be to reduce its cost income ratio, … Read more Development Credit Bank – DCB Focus on reducing retail asset portfolio

Highlights The revenue of the company during the quarter ended December 2008 increased by 15.2% to Rs 79.86 crore as compared to the corresponding quarter of the previous year. However during the quarter the company witnessed significant increase in power & fuel cost as well as the freight cost. The power & fuel cost increased … Read more Sagar Cement – Production for the next fiscal is expected to be 2.25 million

Highlights- The real estate firm, Orbit Corporation posted a consolidated total income of Rs 48.28 crore during the quarter ended December 2008 as compared to Rs 223.64 crore during the corresponding quarter of the previous year. The consolidated net profit during the quarter declined by 95% to Rs 3.02 crore. The standalone net sales fell … Read more Orbit Corporation – Plans to restructure Rs 200 crore NCD

Highlights of the Concall The throughput during quarter ended December 2008 stands at 3.22 million tonne. The company had tailored production to optimize crack margins by upgrading the entire Naphtha to Gasoline and HSD & maximization of middle distillates at 53%. Domestic sales of the company formed 78% of the total turnover (Rs 6551 crore) … Read more Essar Oil – Phase II expansion project delayed to December 2011

Highlights of the call The management has maintained its full year guidance of 32% revenue growth. For Q4FY09, the management expects revenues of Rs 415.62 crore. Operating EBIT for FY09 is expected at 10-10.5%. The Company expects to bounce back in Q4FY09 but will not reach targets levels due to domestic business still in ramp … Read more Firstsource Solutions Might miss FY09 target of 32% revenue growth