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Monday, April 28, 2008

Results: KPIT Cummins, RNRL, Eicher Motors, Bata

KPIT Cummins Infosystems announced on Monday the Mark to Market (MTM)
loss stands on forex derivative transactions at Rs 892.68 million as
on Mar. 31, 2008 due to the strengthening of the Euro vis-a-vis US
dollar as at Mar. 31, 2008. Since the company has not cancelled the
contracts as of March 31, 2008, this will be notional loss.
 
 
RNRL has decalred its FY08 results. The company's consolidated net
profit was up at Rs 68.58 crore versus Rs 29 crore.(15 months)

The company's consolidated net sales at Rs 202 crore versus 150.68
crore (15 months)

Its other income was up at Rs 164 crore versus Rs 99.47 crore

 
 
Eicher Motors has announced its fourth quarter results. The company's
Q4 net profit was down at Rs 19.5 crore versus Rs 20.8 crore.

Its net sales were up at Rs 653 crore from Rs 619 crore

 

Footwear retailer Bata India registered a 2.06 times growth in net profits to Rs 110.30 million for the quarter ended March 2008 from Rs 53.50 million for the quarter ended March 2007.

Net sales for the quarter rose 19.76% to Rs 2,187.60 million from Rs
1,826.70 million for the quarter ended March 2007.

Total income rose 19.57% to Rs 2,197.2 million for the quarter ended
March 2008 from Rs 1,837.6 million for the quarter ended March 2007.

The earnings per share (EPS) of the company stood at quarter Rs 1.72
in the quarter ended March 2008


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