ManagementOmaxe, Great Eastern Shipping & Nalco Q1 result
Omaxe net dips 73.6% Real estate player Omaxe on Friday reported 73.6 per cent decline in its consolidated net profit for the quarter ended June 30 at Rs 14.96 crore as against Rs 56.67 crore in the year-ago period. The consolidated net profit during the first quarter also dipped 66.06 per cent to Rs 118.91 crore from Rs 350.33 crore in the same period last year, the company said in a statement.
- FM's new subsidy prompts realtors to promise more sub-Rs 20 lakh homes - Realty players cheer incentives on home loans - Omaxe arm to develop township in Allahabad - Omaxe to raise long term funds by issuing securities - Omaxe FY09 net dips 91% at Rs 41 cr - Omaxe bags Rs 128-cr order from UP Projects Corp
Great Eastern Shipping net up 64% Shipping services firm Great Eastern Shipping has said its consolidated net profit rose by 63.98 per cent to Rs 154.17 crore for the first quarter ended June 30, over the same period last year. Total income has decreased to Rs 885.61 crore in the latest quarter, compared with Rs 1,196.34 crore in the same period last year.
Nalco Q1 net plunges 76% National Aluminium Company Ltd (Nalco) has reported a fall of 76 per cent in its net profit to Rs 126.45 crore for the first quarter ended June 30, over the corresponding period a year ago. Total income of the company also fell to Rs 1,036.50 crore during the April-June period of the financial year from Rs 1,593.70 crore in the same quarter last year.