| Vitrified tile maker Asian Granito has recorded an impressive 17.27 per cent growth in consolidated net sales income for the second quarter ended September 30, 2007. |
| The company attained a consolidated profit before tax (PAT) of Rs 7.95 crore in second quarter, a rise of 57.11 per cent over Rs 5.06 crore clocked for the same period last year. |
| Jamna Auto net jumps 47% |
| Jamna Auto's net profit has grown 47.08 per cent to Rs 4.03 crore for the quarter ended September 30 compared with Rs 2.74 crore recorded in the corresponding quarter of the previous year. Sales were up 12.03 per cent at Rs 81.70 crore (Rs 72.93 crore). Operating profit margins were at 14.18 per cent (10 per cent). |
| Temptation closes Rs 114 cr QIP issue |
| Temptation Foods (TFL), a major player in the frozen food category, has successfully closed the QIP issue for Rs 114 crore (being 7,600,000 shares at Rs 150 each). The share issue was over subscribed 1.58 times and received interest from international investors. |
| Vinit Kumar, CMD, said, "The closure of this QIP issue and the substantial demand for it from all over the world clearly shows that investors believe and support our growth plans. This is the first step towards making Temptation Foods a leading brand owning company in the foods space." |
| Some of the key allottees have been "� Citigroup Global Markets , Macquarie Bank, HSBC Financial Services and Morgan Stanley. |
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