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Stock-Alert08/02/2012  08:56 AM

GMR Infrastructure may slide on dismal Q3 numbers

On a consolidated basis, GMR Infrastructure reported a net loss of Rs 107.95 crore in Q3 December 2011, higher than a net loss of Rs 22.25 crore in Q3 December 2010. Total income rose 49.17% to Rs 2094.45 crore in Q3 December 2011 over Q3 December 2010.

Bharti Airtel, ONGC, Power Grid Corporation of India and Tech Mahindra unveil Q3 results today, 8 February 2012.

Shriram EPC, JSW Ispat Steel, Bharat Forge, Kavveri Telecom Products, JBF Industries, Jubilant Foodworks, A2Z Maintenance & Engineering Services, DIC India, Kalpataru Power Transmission, Ind-Swift Laboratories, JMC Projects (India), Orchid Chemicals & Pharmaceuticals, Sakthi Sugars, K S Oils, Kirloskar Electric Company, Ind-Swift, Tulip Telecom, Shyam Telecom, Hercules Hoists, Brigade Enterprises, Globus Spirits, Essar Shipping, Alembic Pharmaceuticals, among others, will also declare their October-December 2011 quarter results today, 8 February 2012.

Allamanda Investments, a unit of Singapore state investment company Temasek Holdings, is reportedly likely to sell more than half of its 3.46% stake in ICICI Bank. The stake sale, which is likely to take place via a block-deal, is being managed by Goldman Sachs Group. According to reports, ICICI Bank shares are being sold in the range of Rs 924 to Rs 937.75 each and Goldman Sachs is the sole bookrunner. ICICI Bank shares closed up 0.98% at Rs 936.90 on BSE on Tuesday (7 February 2012).

Trent, the retail arm of the Tatas, is reportedly closing stores in its loss-making value fashion format, Fashion Yatra, and is reworking its operations in Sisley brand. According to reports, Trent has closed some stores of Fashion Yatra and converted these into stores of its popular department store, Westside.

Net profit of United Breweries declined 4.02% to Rs 28.62 crore in the quarter ended December 2011 as against Rs 29.82 crore during the previous quarter ended December 2010. Sales rose 57.65% to Rs 961.06 crore in the quarter ended December 2011 as against Rs 609.62 crore during the previous quarter ended December 2010.

On a consolidated basis, net profit of IL&FS Transportation Networks rose 42.5% to Rs 87.80 crore on 73.5% increase in net sales to Rs 1268.38 crore in Q3 December 2011 over Q3 December 2010.

Net profit of V I P Industries rose 232.26% to Rs 10.30 crore in the quarter ended December 2011 as against Rs 3.10 crore during the previous quarter ended December 2010. Sales rose 15.07% to Rs 223.70 crore in the quarter ended December 2011 as against Rs 194.40 crore during the previous quarter ended December 2010.

Net profit of Phillips Carbon Black declined 34.60% to Rs 19.64 crore in the quarter ended December 2011 as against Rs 30.03 crore during the previous quarter ended December 2010. Sales rose 19.17% to Rs 514.34 crore in the quarter ended December 2011 as against Rs 431.61 crore during the previous quarter ended December 2010.

Net profit of Omaxe declined 24.64% to Rs 11.90 crore in the quarter ended December 2011 as against Rs 15.79 crore during the previous quarter ended December 2010. Sales rose 28.24% to Rs 331.09 crore in the quarter ended December 2011 as against Rs 258.18 crore during the previous quarter ended December 2010.

Net profit of M and B Switchgears rose 1150.00% to Rs 0.75 crore in the quarter ended December 2011 as against Rs 0.06 crore during the previous quarter ended December 2010. Sales rose 89.55% to Rs 12.51 crore in the quarter ended December 2011 as against Rs 6.60 crore during the previous quarter ended December 2010.

Net profit of Radico Khaitan rose 15.53% to Rs 23.66 crore in the quarter ended December 2011 as against Rs 20.48 crore during the previous quarter ended December 2010. Sales rose 15.44% to Rs 309.49 crore in the quarter ended December 2011 as against Rs 268.09 crore during the previous quarter ended December 2010.

Net profit of ICRA rose 68.22% to Rs 15.51 crore in the quarter ended December 2011 as against Rs 9.22 crore during the previous quarter ended December 2010. Total income rose 24.1% to Rs 42.97 crore in the quarter ended December 2011 as against Rs 34.62 crore during the previous quarter ended December 2010.

SEAMEC reported net loss of Rs 27.24 crore in the quarter ended December 2011 as against net loss of Rs 9.93 crore during the previous quarter ended December 2010. Sales rose 24.72% to Rs 30.83 crore in the quarter ended December 2011 as against Rs 24.72 crore during the previous quarter ended December 2010.

Net profit of Astral Poly Technik declined 43.44% to Rs 4.74 crore in the quarter ended December 2011 as against Rs 8.38 crore during the previous quarter ended December 2010. Sales rose 62.97% to Rs 160.51 crore in the quarter ended December 2011 as against Rs 98.49 crore during the previous quarter ended December 2010.

Triveni Engineering and Industries reported net loss of Rs 70.92 crore in the quarter ended December 2011 as against net profit of Rs 1.62 crore during the previous quarter ended December 2010. Sales declined 7.15% to Rs 424.53 crore in the quarter ended December 2011 as against Rs 457.20 crore during the previous quarter ended December 2010.

Net profit of JK Lakshmi Cement rose 970.43% to Rs 49.24 crore in the quarter ended December 2011 as against Rs 4.60 crore during the previous quarter ended December 2010. Sales rose 39.16% to Rs 438.81 crore in the quarter ended December 2011 as against Rs 315.33 crore during the previous quarter ended December 2010.

Net profit of Jindal Hotels declined 6.12% to Rs 0.92 crore in the quarter ended December 2011 as against Rs 0.98 crore during the previous quarter ended December 2010. Sales rose 14.15% to Rs 7.02 crore in the quarter ended December 2011 as against Rs 6.15 crore during the previous quarter ended December 2010.

Net profit of Man Industries India rose 7.05% to Rs 27.48 crore in the quarter ended December 2011 as against Rs 25.67 crore during the previous quarter ended December 2010. Sales rose 6.75% to Rs 498.12 crore in the quarter ended December 2011 as against Rs 466.61 crore during the previous quarter ended December 2010.

Net profit of Bharat Gears rose 124.66% to Rs 8.20 crore in the quarter ended December 2011 as against Rs 3.65 crore during the previous quarter ended December 2010. Sales rose 32.59% to Rs 111.93 crore in the quarter ended December 2011 as against Rs 84.42 crore during the previous quarter ended December 2010.

Net profit of Commercial Engineers & Body Builders Company rose 813.82% to Rs 11.24 crore in the quarter ended December 2011 as against Rs 1.23 crore during the previous quarter ended December 2010. Sales rose 226.76% to Rs 131.13 crore in the quarter ended December 2011 as against Rs 40.13 crore during the previous quarter ended December 2010.

Net profit of Arshiya International rose 74.73% to Rs 13.14 crore in the quarter ended December 2011 as against Rs 7.52 crore during the previous quarter ended December 2010. Sales rose 29.37% to Rs 148.38 crore in the quarter ended December 2011 as against Rs 114.69 crore during the previous quarter ended December 2010.

Net profit of Ballarpur Industries declined 66.52% to Rs 3.04 crore in the quarter ended December 2011 as against Rs 9.08 crore during the previous quarter ended December 2010. Sales declined 0.23% to Rs 275.01 crore in the quarter ended December 2011 as against Rs 275.64 crore during the previous quarter ended December 2010.

Net profit of Tide Water Oil Co (I) rose 8.27% to Rs 15.45 crore in the quarter ended December 2011 as against Rs 14.27 crore during the previous quarter ended December 2010. Sales rose 18.33% to Rs 224.70 crore in the quarter ended December 2011 as against Rs 189.90 crore during the previous quarter ended December 2010.

ARSS Infrastructure Projects reported net loss of Rs 12.36 crore in the quarter ended December 2011 as against net profit of Rs 26.11 crore during the previous quarter ended December 2010. Sales declined 23.24% to Rs 232.31 crore in the quarter ended December 2011 as against Rs 302.64 crore during the previous quarter ended December 2010.

Harita Seating Systems reported net profit of Rs 3.18 crore in the quarter ended December 2011 as against net loss of Rs 1.08 crore during the previous quarter ended December 2010. Sales rose 37.20% to Rs 74.65 crore in the quarter ended December 2011 as against Rs 54.41 crore during the previous quarter ended December 2010.

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