Guj Narmada Q2 net dips 34% at Rs 79 cr
Gujarat Narmada Valley Fertilisers has said its net profit for the second quarter ended September 30 dipped by 34.45 per cent at Rs 79.04 crore over the corresponding period a year ago. The company posted a net profit of Rs 120.58 crore in Q2 of last fiscal. Net sales of the company rose to Rs 868.13 crore from Rs 1,141.18 crore in the same period a year ago.
Sona Koyo Q2 net loss at Rs 7.32 crore
Sona Koyo Steering Systems, a steering gears and drive line components maker, has said its net loss for second quarter ended September 30 stood at Rs 7.32 crore, against a net profit of Rs 8.79 crore in the same period a year ago. The firm’s total income for the quarter under review rose to Rs 180.27 crore from Rs 166.30 crore in the second quarter of the previous fiscal, Sona Koyo Steering Systems said in a filing to the Bombay Stock Exchange.
R-Power net profit at Rs 37.22 crore
Reliance Power, which is part of the Reliance Anil Dhirubhai Ambani Group, has announced a net profit of Rs 37.22 crore and a total income of Rs 56.96 crore for for the quarter ended September 30, 2008. The company, which went for an initial public offer in February 2008 targeting to set up 28,200 mega watt of power generation, has a cash and liquid balances of Rs 10,756 crore.