DLF – Expect home loan rates and real estate prices to reduce significantly

For the nine months ended Dec’08, total outstanding amount receivable from DAL stands around Rs 3000 crore. DAL on the other hand is facing tough times as it is not able to lease out the commercial properties and there has been many cancellations and problems in renewable of existing leases. In such circumstances it would … Read more DLF – Expect home loan rates and real estate prices to reduce significantly

GMR Infrastructure – Three road projects will be open for operation by March 09

Airports: Delhi Airport The Air traffic movement in the quarter under review has declined marginally from 59332 to 59298. The over all passenger growth have declined by 9% from 6.24 million to 5.59 million in the quarter and has declined by 4% to 16.97 million in the nine months ended period. Delhi and Hyderabad airports … Read more GMR Infrastructure – Three road projects will be open for operation by March 09

Cinemax India Revenues of Rs 230-240 crore in FY10

Highlights of the call For Q4FY09, the Company expects revenues of Rs 40 crore taking the total revenues for the year at about Rs 150 crore. For FY10, the Company is confident of achieving revenues of about Rs 230-240 crore. The management is of the view that entertainment spend is not impacted by recession. For … Read more Cinemax India Revenues of Rs 230-240 crore in FY10

Raymond – To open more stores in Tier 4 and Tier 5 cities

High Lights of the call are: Core business (Textile) profitability has improved in the current quarter period. Focus on cost improvement initiatives has also yielded significant gains during the quarter. Net sales witnessed a growth of 3% largely due to improvement in realizations by 11% reflecting the brand strength of the company. The company has … Read more Raymond – To open more stores in Tier 4 and Tier 5 cities

Northgate Technologies Online Media Properties to drive revenues

Highlights of the call For the quarter ended December 2008, on consolidated basis, NTL reported 22% sequential dip in operating revenues at Rs 148.40 crore. OPM dipped 360bps at 20.9%. Other Income surged at Rs 9.97crore against Rs 0.16 crore in the sequential quarter with depreciation charge up 13% at Rs 19.95 crore. Tax for … Read more Northgate Technologies Online Media Properties to drive revenues