EL Forge Q1 net loss narrows to Rs2.7 crore

Auto parts and equipment manufacturer EL Forge Ltd said its net loss narrowed to Rs2.7 crore for the 30 June 2010 quarter as compared to Rs4.9 crore a year ago due to robust revenues.

During the June 2010 quarter, the Chennai-based company's total revenues increased to Rs17.8 crore from Rs9.5 crore in June 2009 quarter, EL Forge said in a regulatory filing.

On Monday, EL Forge shares increased 3% to Rs27 on the Bombay Stock Exchange, while the Sensex closed 0.7% up at 18,278 points.

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Jaihind Projects wins Rs43.1 crore order from Rajkot Municipal Corporation

Construction and engineering company Jaihind Projects Ltd said it won an order worth over Rs43.1 crore from Rajkot Municipal Corporation.

The order includes construction of sewerage related works for Rajkot underground sewerage project phase II part III, it said in a regulatory filing.

On Monday, Jaihind Projects shares ended 0.9% up to Rs285 on the Bombay Stock Exchange, while the Sensex closed 0.7% up at 18,278 points.

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Western India Shipyard swings back to net profit in Q1

Western India Shipyard Ltd registered net profit of Rs5.8 crore in the first quarter as against the loss of Rs9.7 crore a year ago on higher turnover.

The company reported a total turnover of Rs30 crore in the June 2010 quarter compared to Rs10.5 crore in same quarter last year.

It has repaired 17 vessels and one deep water oil rig during the June 2010 quarter, said the company in a regulatory filing.

On Monday, Western India Shipyard shares ended 0.3% down at Rs12 on the Bombay Stock Exchange, while the Sensex closed 0.7% up at 18,278 points.

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