Ramco Systems back in profit
Chennai-based software solutions provider Ramco Systems Limited has reported a net profit of Rs 72.65 lakh for the quarter ended June 30 compared with a net loss of Rs 11.12 crore in the same quarter last year. The company’s sales increased to Rs 43.37 crore from Rs 39.87 crore in the same quarter last year.
Marginal drop in Unichem Labs profit
For the first quarter of April to June 2009, Unichem Laboratories posted a net profit of Rs 32.40 crore, marginally down against Rs 33.38 crore in the corresponding quarter of the previous year. Turnover was also down by 6.8 per cent to Rs 169.3 crore against Rs 181.80 crore.
Marico Q1 net up 21% Y-o-Y
In line with market expectations, fast moving consumer goods (FMCG) player Marico registered a consolidated net profit increase of 21 per cent for the quarter ended June 30, 2009 to touch Rs 56 crore, compared with Rs 46 crore in the corresponding quarter last financial year.