Small Business

Sona Koyo back in black with PAT at Rs 6.89 cr

Auto component maker Sona Koyo Steering Systems today reported a profit after tax (PAT) of Rs 6.89 crore for the quarter ended December 31, 2009, on account of improved efficiencies and stable foreign exchange rates. - JK Cement Q3 net up 62% pc to Rs 46 cr - Oil India posts 23.5% jump in Q3 net at Rs 717 cr - GNFC Q3 profit almost halves to Rs 59 cr - KSK Energy Q3 net loss at Rs 4.91 cr - Tulip Telecom Q3 net up 38% to Rs 69 cr - NHPC turns around, posts Rs 581 cr profit The company had posted a loss of Rs 17.24 crore in the corresponding period last fiscal, Sona Koyo Steering Systems said in a statement. The net sales of the company during the third quarter surged by 47.17 per cent to Rs 221.21 crore from Rs 150.31 crore in the year-ago period, it added. The company attributed its return to profitability to internal initiatives to improve efficiencies and a relatively stable foreign exchange, the statement said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

Categories
Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business
News of the day
Markets to remain volatile, say analysts
Dalal Street is likely to remain volatile this week as negative global cues would act as a drag on the trading sentiment of investors, analysts say.
Popular Articles

ONGC picks up stake in South Pars field; to develop Farsi bloc
In a major breakthrough, Oil and Natural Gas Corporation (ONGC) today signed agreements to pick up stake in a giant gas field and an LNG plant in Iran, which also awarded the rights to develop a gas discovery it made in the Persian Gulf two years ago.

Govt may import rice to meet shortfall
India may import rice if domestic supplies are inadequate to meet the government’s requirements for the so-called central pool, a minister said.

© Copyright 2009