Confidence Petroleum Q1 net profit up to Rs10.5 crore

Confidence Petroleum India Ltd said its net profit for the first quarter stood at Rs10.5 crore as compared to Rs6.1 crore for the same quarter last fiscal.

In the June 2010 quarter, the company's total turnover increased to Rs192.1 crore from Rs100.1 crore, while its net sales increased to Rs192 crore from Rs100 crore, Confidence Petroleum said in a filing to Bombay Stock Exchange (BSE).

On Monday, Confidence Petroleum shares fell 5.5% to Rs10 on BSE, while the Sensex ended 0.6% down to 18,050 points.

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Orissa Minerals Q1 net profit falls to Rs13.7 crore

Government-owned Orissa Minerals Development Co Ltd said its net profit for the first quarter fell to Rs13.7 crore from Rs22.4 crore in the same quarter last year.

During the June 2010 quarter, its total revenues declined to Rs32.7 crore from Rs48 crore, the company said in a filing to Bombay Stock Exchange (BSE).

On Monday, Orissa Minerals shares ended 5% higher to Rs30,250 on BSE, while the Sensex ended 0.6% down to 18,050 points.

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Simplex Infra Q1 net profit up 41% to Rs36.2 crore

Simplex Infrastructures Ltd said its standalone net profit for the first quarter rose 41% to Rs36.2 crore from Rs25.7 crore as its turnover grew 6% to Rs1,175 crore from Rs1,108 crore in the same quarter last year.

The order book at the end of June 2010 is Rs12,262 crore, growing 22% over the same time last year, the first quarter inflow being Rs1,861 crore, said the company in a regulatory filing.

On Monday, Simplex Infrastructures shares rose 4.8% to Rs500 on the Bombay Stock Exchange, while the Sensex ended 0.6% down to 18,050 points.
 

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