ICICI Bank reports 3.41% rise in the net profit for Dec’08 qtr

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ICICI Bank has reported a 3.41% rise in the net profit to Rs 1,272.15 crore for the December 2008 quarter as against Rs 1,230.21 crore for the December 2007 quarter. The bank’s total income moved up from Rs 10,338.36 crore for the December 2007 quarter to Rs 10,350.62 crore for the December 2008 quarter. On … Read more ICICI Bank reports 3.41% rise in the net profit for Dec’08 qtr

Ipca Laboratories – Lower CAPEX in FY10

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Ipca Laboratories announced the financial result for the quarter ended December’08 and held a conference call on 23rd January 2009 to discuss the same as well as future growth plans. The key takeaways from the meet are as follows: Finance Performance Total income from operation for the quarter ended December’08 registered a growth of 14% … Read more Ipca Laboratories – Lower CAPEX in FY10

Tech Mahindra – BT deal to commence from Q1FY10

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Tech Mahindra (TML) held a conference call to discuss third quarter results and future prospects. Mr Vineet Nayyar, Vice Chairman and CEO, Tech Mahindra, addressed the call. Highlights of the call The management believes that the environment is challenging. The performance of the Company was impacted by GBP depreciation against US dollar with about 70% … Read more Tech Mahindra – BT deal to commence from Q1FY10

3i Infotech – Not seeing major impact of slowdown yet

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3i Infotech held a conference call to discuss third quarter results. Mr V Srinivasan, MD & CEO alongwith others in the management addressed the call. Highlights of the call For FY09, the Company has maintained its guidance of revenues at around Rs 2200 – 2300 crore, a growth of 82.5 – 90.8% over FY08 with … Read more 3i Infotech – Not seeing major impact of slowdown yet