Valecha Engineering Q1 net profit tumbles to Rs5.6 crore

Mumbai-based Valecha Engineering Ltd said its net profit for the first quarter declined to Rs5.6 crore, a fall of almost three fold, from Rs16.6 crore.

In the June 2010 quarter, its net sales jumped 20.2% to Rs175.5 crore from Rs146 crore, said the company in a regulatory filing.

On Friday, Valecha Engineering shares closed 2% up to Rs184 on the Bombay Stock Exchange, while the benchmark Sensex ended 0.5% up to 18,167 points.
 

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Accentia Technologies Q1 net profit increases to Rs7.3 crore

Accentia Technologies Ltd said its net profit for the first quarter increased to Rs7.3 crore from Rs5 crore in the same quarter last fiscal.

During the June 2010 quarter, its total revenues increased to Rs28.7 crore from Rs18.8 crore, said the company in a filing to Bombay Stock Exchange (BSE).

On Friday, Accentia Technologies shares declined 3.7% to Rs293 on the BSE, while the benchmark Sensex ended 0.5% up to 18,167 points.
 

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SPML Infra Q1 net profit rises to Rs14.6 crore

SPML Infra Ltd (formerly known as Subhash Projects and Marketing Ltd) said its first quarter net profit increased to Rs14.6 crore from Rs10.6 crore for the same quarter last year.

During the June 2010 quarter, its net sales stood at Rs356.5 crore as compared to Rs281.4 crore, said the company in a regulatory filing.

On Friday, SPML Infra shares closed 2.3% up to Rs205 on the Bombay Stock Exchange, while the benchmark Sensex ended 0.5% up to 18,167 points.

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