Asian Paints – Impact of real estate slow down to be seen in H1FY10

Asian Paints (India) (APIL) held concall on 28 January 2009 to discuss the third quarter results, and future prospects of the company. Ashwin Dani, vice-chairman and managing director, APIL along with his colleagues has addressed the meet. Highlights of the meet: The consolidated net sales of the company during the quarter ended December 2008 has … Read more Asian Paints – Impact of real estate slow down to be seen in H1FY10

Godrej Consumer Products Margin will improve from Q4

Godrej Consumer Products (GCPL) held conference call to discuss the results for the quarter ended December 2008. Following are the key highlights of the meet: Highlights of the meet The company’s net sales for the quarter ended December 2008 on consolidated basis has increased by 25% to Rs 342.14 crore. The consolidated sales also include … Read more Godrej Consumer Products Margin will improve from Q4

Deepak Fertilizers to get Reliance Gas by March

Deepak Fertilizers conducted a conference call to discuss its 3rd quarter results as well as its future growth plans. Mr. N. D. Joshi (Chief Financial Officer) addressed the call. Highlights The revenue during the quarter ended December 2008 grew by 34% to Rs 371.39 crore as compared to the same period last year. Although the … Read more Deepak Fertilizers to get Reliance Gas by March

Hindustan Unilever – Rural Area contributing 30% of personal products

Hindustan Unilever (HUL) held conference call to discuss the results for the quarter ended December 2008. Following are the key highlights of the meet: Highlights of the meet The company’s net sales for the quarter ended December 2008 has increased by 17% to Rs 4307.71 crore. FMCG sales grew by 21% with a 21% growth … Read more Hindustan Unilever – Rural Area contributing 30% of personal products

Sun TV Network – Advertising growth rate of 18-20%

Sun TV Network held a conference call to discuss quarterly performance and future prospects of the company. Mr S Natrajhen, CFO addressed the call. Highlights of the call For FY09, the Company would continue 20% + growth. For FY10, advertising growth could be 18-20%. The management to maintain OPM in 74-75% range going forward. On … Read more Sun TV Network – Advertising growth rate of 18-20%

Glenmark Pharmaceuticals – Company cuts expected growth rate

Glenmark Pharmaceuticals declared the results for the quarter ended December’08 and held a tele conference call on 27th January 2008 to discuss the same and its future growth strategies. The key takeaways from the meet are as follows: Financial performance Specialty Business ROW Markets: India, Africa, Asia, CIS & Latin America region India Domestic formulation … Read more Glenmark Pharmaceuticals – Company cuts expected growth rate