Archive for May 30th, 2008

Sobha’s annual profit surges 41%, revenue up by 21%*

Sobha’s Q4 net profit at Rs. 70.2 cr on a turnover of Rs 476.5 cr
·         SDL’s full-year net profit surges 41 % to Rs 228.3 cr; revenue up by 21% at Rs 1434.5 cr
·         Declares a dividend of Rs 6.50 per share
Sobha Developers Ltd. follows an April 1 – March 31 fiscal year; therefore the [...]

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India: January-March 2008 GDP—higher than expected:Goldman Sachs

India: January-March 2008 GDP—higher than expected
GDP growth increased to 8.8% yoy higher than the consensus of 8.1% yoy and our forecast of 8.6% yoy in the January-March quarter (4QFY08). Annual GDP growth for FY08 came in at 9% yoy, lower than the 9.6% yoy growth in FY07, but higher than the FY08 advanced estimate of [...]

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Mahindra introduces international range of vehicles in Turkey

Mahindra introduces international range of vehicles in Turkey
Istanbul, May 30, 2008: Mahindra & Mahindra Ltd. (M&M), one of India’s leading auto brands with a growing global presence, today announced the introduction of the Mahindra Pik Up and the Mahindra Scorpio in Turkey, in partnership with ILCE Otomotiv Servis ve Ticaret A.S., a group company of [...]

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ADLABS RECORDS 42 % GROWTH IN REVENUES

ADLABS RECORDS 42 % GROWTH IN REVENUES 9 MONTH PERIOD ENDING MARCH 31 2008
Consolidated revenues at Rs 365 crores
EBIDTA at Rs 77 crores
PAT at Rs 47 crores
Dividend of Rs. 2.50 per share (50 %)
Mumbai, May 30th 2008: Adlabs Films Limited (ADLABS), a member of the Reliance Anil Dhirubhai Ambani Group and the leading entertainment conglomerate [...]

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