Company Results

Rajesh Exports Quarterly Net Profit Climbs Up

Rajesh Exports Ltd. has informed the National Stock Exchange (NSE) about the standalone results for the three months period ended December 31, 2007.

The company said that its net sales for the said quarter stood at Rs 206723.2 lacs as compared to Rs. 187245 lacs for the corresponding quarter ended on Dec 31, 2006.

The company also informed the NSE that its net profit for the period under consideration stood at Rs. 6124.5 lacs against Rs. 2812.2 lacs for the quarter ending on 31, 2006.

Axis Bank Q3 Net Up 66%

The third-biggest private sector bank, Axis Bank has announced the results for the three months period ended on December 31, 2007.

For the said period, the bank has recorded a 66 percent jump in its net profit on the back of higher interest income and better net interest margin.

The bank posted a net profit of Rs 306.8 crore as compared to Rs 184.6 crore during the corresponding period of the year 2006.