the quarter as against Rs 577 crore in the June 2008 quarter. Cement dispatches rose 30% to 24.1 lakh tone as against 18.46 lakh tonnes. Turnover of the engineering division including wind power increased 114% to Rs 1084 crore from Rs 506 crore. Despite the slowdown in the real-estate sector, JAL managed to ramp up its earning from realty by 26% to Rs 95 crore in the June 2009 quarter from Rs 75 crore in the same period a year ago. While the cement division acounted for 43% of the total revenue, the engineering division contributed 51 %, real estate 4%, and the hotel business 2%.
Net profit of the Gujarat-based generic agrochemicals maker rose 11.8% to Rs 52.11 crore and sales 33.5% to Rs 659.49 crore in Ql June 2009 over Ql June 2008. Meanwhile, some media reports suggested the company may acquire a Rs 1000-crore privately held agro-chemical firm Gharda Chemicals. UPL would reportedly gain pricing power in India and abroad if it acquires Gharda Chemicals. Besides UPL, the Tata-owned Rallis India, Godrej Industries and two multinationals are also reported to be interested in the privately held firm. Gharda Chemicals, which manufactures industrial and agricultural chemicals and is one of the fastest growing companies in this sector, reportedly expects an enterprise valuation of Rs 2500 crore-Rs 3000 crore.
Net profit of the New Delhi-based fast moving consumer goods company rose 33.8% to Rs 162.02 crore and sales 16.8% to Rs 1209.51 crore in QI June 2009 over Ql June 2008.
The board of the Haryana-based steelmaker approved allotting five bonus shares of face value Rs one each for every share held in the company. Net profit of Jindal Steel & Power fell 25.4% to Rs 300.06 crore and sales 16.9% to Rs 1575.70 crore in QI June 2009 over Ql June 2008.
Net profit of the Gujarat-based private port operator soared 76.4% to Rs 170.76 crore and sales 17.8% to Rs 298.04 crore in Ql June 2009 over Ql June 2008. While major Indian ports together showed a growth of 1.9%, cargo volumes of Mundra Port & Special Economic Zone rose 24% in QI June 2009. Total cargo handled at the port was 9.89 million tons (mt) in Q I June 2009 compared with the 7.98 mt in QI June 2008. While handling of bulk cargo went up 53%, with coal and fertiliser being the important contributors, crude volumes increased 17%. The company is reportedly aiming to emerge as the country's largest port by cargo handling by 2013-14.
Net profit of India's largest tractor maker by sales surged 151.6% to Rs 400.85 crore and sales 28.7% to Rs 4229.46 crore in QI June 2009 over QI June 2008. The figures of the current quarter are not comparable with those of the previous year's quarter as the Q I June 2009 result includes figures of the erstwhile subsidiaries Mahindra Holdings and Finance and Punjab Tractors which were merged with the company on II August 2008 and on 16 February 2009, respectively. M&M recorded a volume growth of28.5% in the utility vehicle (UV) segment selling 48,720 UVs in QI June 2009 as compared with 37,919 UVs in QI June 2008. Domestic tractor industry sales grew 14% to 97,295 tractors from 85,434 tractors.
Net profit of the Gujarat-based generic agrochemicals maker rose 11.8% to Rs 52.11 crore and sales 33.5% to Rs 659.49 crore in Ql June 2009 over Ql June 2008. Meanwhile, some media reports suggested the company may acquire a Rs 1000-crore privately held agro-chemical firm Gharda Chemicals. UPL would reportedly gain pricing power in India and abroad if it acquires Gharda Chemicals. Besides UPL, the Tata-owned Rallis India, Godrej Industries and two multinationals are also reported to be interested in the privately held firm. Gharda Chemicals, which manufactures industrial and agricultural chemicals and is one of the fastest growing companies in this sector, reportedly expects an enterprise valuation of Rs 2500 crore-Rs 3000 crore.
Net profit of the New Delhi-based fast moving consumer goods company rose 33.8% to Rs 162.02 crore and sales 16.8% to Rs 1209.51 crore in QI June 2009 over Ql June 2008.
The board of the Haryana-based steelmaker approved allotting five bonus shares of face value Rs one each for every share held in the company. Net profit of Jindal Steel & Power fell 25.4% to Rs 300.06 crore and sales 16.9% to Rs 1575.70 crore in QI June 2009 over Ql June 2008.
Net profit of the Gujarat-based private port operator soared 76.4% to Rs 170.76 crore and sales 17.8% to Rs 298.04 crore in Ql June 2009 over Ql June 2008. While major Indian ports together showed a growth of 1.9%, cargo volumes of Mundra Port & Special Economic Zone rose 24% in QI June 2009. Total cargo handled at the port was 9.89 million tons (mt) in Q I June 2009 compared with the 7.98 mt in QI June 2008. While handling of bulk cargo went up 53%, with coal and fertiliser being the important contributors, crude volumes increased 17%. The company is reportedly aiming to emerge as the country's largest port by cargo handling by 2013-14.
Net profit of India's largest tractor maker by sales surged 151.6% to Rs 400.85 crore and sales 28.7% to Rs 4229.46 crore in QI June 2009 over QI June 2008. The figures of the current quarter are not comparable with those of the previous year's quarter as the Q I June 2009 result includes figures of the erstwhile subsidiaries Mahindra Holdings and Finance and Punjab Tractors which were merged with the company on II August 2008 and on 16 February 2009, respectively. M&M recorded a volume growth of28.5% in the utility vehicle (UV) segment selling 48,720 UVs in QI June 2009 as compared with 37,919 UVs in QI June 2008. Domestic tractor industry sales grew 14% to 97,295 tractors from 85,434 tractors.
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