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Friday, April 25, 2008

Results: Ambuja Cem, Titan, ABB, LIC housing Fin

Ambuja Cements today posted a 42 per cent drop in its first quarter
net profit ending March 31, 2008, at Rs 326.2 crore as compared with
Rs 566.25 crore in 2007 Q1.

According to a release issued by Ambuja Cements to the Bombay Stock
Exchange , the company's total income rose 17 per cent to Rs
1695.41crore as against Rs 1452.49 crore in 2007 Q1.
 
For the full-year ended March 31,2008, Titan Industries net profit
stood at Rs 150.27 crore as compared to Rs 94.13 crore, showing a jump
of 60 per cent, over the last year.Total income for the year grew 42
per cent at Rs 3042.86 crore as compared to Rs 2139.68 crore during
last year.
 
 
Bangalore-based ABB today reported 36 per cent surge during the first
quarter ending March 31,2008, at Rs 117.69 crore as compared to Rs
86.63 crore compared with 2007 Q1.

According to a release issued by ABB to the Bombay Stock Exchange ,
the company's total income rose 17 per cent to Rs 1,553.8 crore as
against Rs 1,327.61 crore in 2007 Q1.

LIC Housing Finance today reported 32 per cent surge in fourth quarter net profit ended March 31,2008,at Rs 118.1 crore as compared to Rs
89.14 crore reported in the corresponding quarter a year ago.

According to a release issued by LIC Housing Finance to the BSE , the
company's total income rose 39 per cent to Rs 629.25 crore as against
Rs 451.2 crore in Q4 FY07.

For the full -year ended March 31,2008, the company's net profit
surged  39 per cent to  Rs 387.19 crore as against Rs 279.14 crore in
FY07.Total income increased 37 per cent to Rs 2164.92 crore from Rs 1575.56 crore


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