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Friday, April 25, 2008

Results: Geodesic Info, Bharat Electronics, Jaiprakash Hydro Power, Jayshree Chemicals

Geodesic Information Systems reported consolidated net profit of Rs
49.5 crore for the fourth quarter ended March 31, 2008, up 62 per cent
from Rs 30.54 crore registered during the corresponding quarter of the
previous year. Revenue for the quarter at Rs 107.95 crore rose 110 per
cent from Rs 51.52 crore for the same quarter last fiscal.

For the full year, the company's net profit stood at Rs 154.99 crore
as compared to Rs 89.82 crore showing a jump of 72 per cent. Revenue
for the year grew 88 per cent at Rs 330.72 crore as compared to Rs
175.57 crore during last year.

EPS stands at Rs 16.85 as compared to Rs 9.97 of the twelve months of
the previous year.
 
Bharat Electronics, multi-product, multi-technology, multi-unit
company focus on defence announced a substantial rise in standalone
net profit for the quarter ended March 2008, helped by better
operating efficiency together with strong revenue growth.

During the quarter, the profit of the company jumped 41.36% to Rs
5,048.30 million from Rs 3,571.20 million in the same quarter previous
year. The company reported earnings of Rs 63.10 a share during the
quarter, registering 41.35% growth over prior year year period.

Net sales for the quarter climbed 32.27% to Rs 22,937.40 million,
while total income for the quarter rose 30.94% to Rs 23,459.40
million, when compared with the prior year period.

Quarterly Results - standalone (Rs in mn)
As at Mar - 08 Mar - 07 %Change
Net Sales 22937.40 17341.70 32.27
Net Profit 5048.30 3571.20 41.36
Basic EPS 63.10 44.64 41.35

During the quarter the company reported a rise in operating margin of
342.37 basis points to 31.38% on lower production cost. On the other
hand, there has been increase of 75% in interest charge to Rs 0.70
million and rise of 6.86% in depreciation charge to Rs 269.40 million
over previous year period.
 
For the full year ended March 31,2008, Jaiprakash Hydro Power net profit stood at Rs 213.39 crore as compared to Rs 199.54 crore showing a jump of 7per cent.

Total income for the year has decreased 4 per cent to Rs 342.49 crore
as compared to Rs 356.52 crore last year.
 
 
Jayshree Chemicals reported a phenomenal rise in standalone net profit for the quarter ended March 2008. During the quarter, the profit of
the company rose 59.84% to Rs 20.30 million from Rs 12.70 million in
the same quarter last year.

The company reported earnings of Rs 3.80 a share during the quarter,
registering 59.66% growth over prior year year period.

Net sales declined marginally 2.49% to Rs 114 million, while total
income for the quarter rose marginally 0.59% to Rs 118.70 million,
when compared with the prior year period.

Quarterly Results - standalone    (Rs in mn)
As at        Mar - 08      Mar - 07    %Change
Net Sales 113.50         116.40      (2.49)
Net Profit    20.30           12.70     59.84
Basic EPS   3.80            2.38       59.66


During the quarter the company disclosed a rise in operating margin of
337.31 basis points to 18.15% on lower input cost. On the other hand,
there has been increase of 50% in interest charge to Rs 0.30 million
over previous year period.

The board of directors has made recommendation for payment of dividend
at Re 1 a share of Rs 10 each, fully paid-up.


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