Q3 Results Digest: Good Show continues

SAIL Q3 PAT two-fold, declares 16 per cent dividend
Robust sales in the domestic market and higher capacity utilisation spurred state-run SAIL's third quarter net profit by 124.2 per cent at Rs 1,471.19 crore as against Rs 656.07 crore in the corresponding quarter last fiscal. The company also declared an interim dividend of 16 per cent against the paid-up equity amounting to Rs 660.86 crore for the nine month period ending December 31. SAIL's total income during the quarter ended December 31 stood at Rs 8,760.16 crore, compared to Rs 6,736.84 crore in the same quarter previous fiscal, up 30 per cent quarter on quarter.

Welspun Gujarat net up 415%
For the Quarter ending 31st December, 2006, Welspun Gujarat Stahl Rohren Limited (WGSRL), part of 1 Billion USD Welspun Group, reported top-line of Rs.7400 mn in Q3 – 07, a growth of 62 % as compared to Rs. 4556 mn in Q3-06. EBITDA reported grew by 217% from Rs. 302 mn to Rs. 958 mn. Net Profit increased by 415% and Cash PAT increased by 228% in Q3-07 as compared to Q3- 06.

L&T Q3 net up 84%
Q3 net profit was up at Rs 344 crore versus Rs 258 crore , YoY. Its Q3 net sales was up at Rs 4188 crore versus Rs 3688 crore, YoY. The company's adjusted net profit surged 84% to Rs 344 crore versus Rs 187 crore. L&T also got more than Rs 6,000 crore of orders during Q3. The company's current order backlog at about Rs 35,000 crore.

TV18 Q3 cons net up at Rs 19.32 cr
Q3 consolidated PAT pre ESOP was at Rs 19.32 crore versus Rs 16.04 crore, QoQ. Its Q3 operating revenue was up at Rs 64.8 crore versus Rs 53 crore, QoQ. On YoY basis, the company has posted consolidated net profit at Rs 19.32 crore against Rs 12.79 crore during the correponding quarter previous year. The company posted Q3 EPS of Rs 3.69 and its Q3 operating profit margin stood at Rs 49.32%.

Info Edge Q3 net profit at Rs 8.1 crore
Q3 Total Revenue of Rs. 379.26 million (up 71.16% Y on Y). Q3 EBITDA of Rs. 132.91 million (up 61.56% Y on Y). Net Profit for the nine months ended December 31, 2006 was Rs. 998.72million and Rs. 169.36 million respectively, a growth of 71.16% & 50.14% respectively, over the same period in the last financial year.

BPCL reports Q3 net profit at Rs 303.5cr
The company posted net profit of Rs 303.5 crore (Rs 3.03 billion) versus net loss of Rs 1131.8 crore (Rs 11.31 billion) YoY.
Its total income increased to Rs 24354.3 crore (Rs 243.54 billion) versus Rs 20361.5 crore (Rs 203.61 billion).

Syndicate Bk Q3 net up at Rs 226.1cr
The company posted YoY net profit of Rs 226.1 crore (Rs 2.26 billion) versus Rs 187.88 crore (Rs 1.87 billion). Its NII was up at Rs 556 crore (Rs 5.56 billion) from Rs 534.8 crore (Rs 5.34 billion).

Blue star Q3 net up at Rs 11.5 crore
Q3 net profit was up at Rs 11.5 crore versus Rs 6.9 crore, YoY. Its Q3 net sales was up at Rs 370 crore versus Rs 264 crore, YoY.

Mid-Day Multimedia Q3 results Disappoints
Q3 net profit was down at Rs 2.21 crore (Rs 22.1 million) versus Rs 4.65 crore (Rs 46.5 million), YoY.

IBP Q3 net profit at Rs 732.4cr
The company reported net profit of Rs 732.4 crore (Rs 7.32 billion) versus net loss of Rs 96.3 crore (Rs 963 million). Its total income was up at Rs 5454.9 crore (Rs 54.54 billion) from Rs 3961.3 crore (Rs 39.61 billion).