Royal Orchid Q1 net rises marginally
Bangalore-based hotel chain Royal Orchid Hotels (ROHL) reported a consolidated net of Rs 6.76 crore, a rise of 8.6 per cent, for the first quarter ended June 30, 2008, compared with the corresponding quarter last year. The total income for the quarter shot up by 35 per cent to Rs 39.21 crore as compared with the same period last year.
Divi’s Labs PAT grows 45% to Rs 94 crore
Hyderabad-based pharma company Divi’s Laboratories posted a 45 per cent rise in consolidated net profit after tax to Rs 94 crore in the first quarter ended June 30, 2008, as compared with the same period last year. The company has made provisions for mark-to-market losses on foreign exchange fluctuations of Rs 8.99 crore.
JP Hydro posts 8.3% jump in PAT
Jaiprakash Hydro has posted an 8.33 per cent jump in profit after tax to Rs 54.6 crore for the quarter ended June 30, 2008. The total income from operations has increased from Rs 100.8 crore in the first quarter of FY08 to Rs 101.8 crore in the first quarter of FY09, marginally up by 1 per cent.