Company Results

BHEL’s boiler auxiliaries plant achieves record turnover in 2008-09!

Bharat Heavy Electricals Ltd In a press release on Sunday, the state-run Power equipment maker Bharat Heavy Electricals Ltd (BHEL) announced that the annual 2008-09 turnover figures of its boiler auxiliaries plant marked a record high of Rs. 2,000 crore!

The turnover for exports also showed an increase of 40 per cent, as compared to the year-before figures, yielding Rs. 28 crore for the year on the whole. In case of the value addition per employee also, the figures depict a year-on-year increase of 19 percent to Rs. 19.79 lakh.

Research In Motion posts stronger-than-expected fiscal fourth quarter profit

Research In Motion posts stronger-than-expected fiscal fourth quarter profitThe manufacturer of Blackberry smart phones – Research In Motion (RIM) on Thursday beat market forecasts, announcing stronger-than-expected fiscal fourth quarter profit. The Waterloo, Ontario based Canadian wireless device company, RIM reported that its revenue surged 84 percent in the fourth quarter, against the revenue in the same quarter a year ago.

March sales for Bajaj Auto’s two and three wheelers plunge

March sales for Bajaj Auto’s two and three wheelers plunge The motorcycle sales figures reported Thursday by the two-wheeler maker Bajaj Auto indicate that the month of March saw a 14.40 percent drop - from the earlier-year figures of 1,54,443 units to 1,32,210 units. Nonetheless, the drop in March motorcycle sales happens to be lower than the December levels, when the company sold merely 61,546 units.

Maruti Suzuki March sales increase by almost 22%

Maruti Suzuki March sales increase by almost 22%For the third month in a row, the March sales of automobiles have been better-than-anticipated, bringing a reported 21.87 percent increase in the total sales of Maruti Suzuki India (MSI) during the month. A year-on-year comparison between the sales figures for March indicates that the sales jumped from 70,296 units last year to 85,669 units.

BEL reports Rs.4,618 crore ‘provisional’ turnover

Bharat Electronics LimitedThe Bangalore-based Navratna defence PSU Bharat Electronics Limited (BEL) has reported a `provisional' turnover of Rs. 4,618 crore for the year 2008-09, indicating a 12 percent increase over the year-before turnover figures of Rs. 4,102.54 crore.

In terms of the turnover per employee, figures depicted a year-on-year increase from Rs. 33.16 lakh to Rs. 38.6 lakh. The value added per employee also depicted an increase from Rs. 16 lakh to Rs. 18 lakh, as BEL exports also went up nearly 15 percent - from $15.43 million to $17.75 million.

BHEL reports 6.9 percent increase in PAT in the most recent fiscal

BHEL reports 6.9 percent increase in PAT in the most recent fiscal In its profit after tax (PAT) statement reported Thursday, the state-managed Bharat Heavy Electricals Ltd (BHEL) said that in the financial year that ended March 31, 2009, the company's year-on-year PAT figures showed an increase of 6.9 percent.

While Indian power equipment maker's profit after tax was Rs. 2,859 crore in the financial year 2007, the figures this time round touched Rs. 3,039 crore.

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