Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

SKNL Q3 net profit up 74% to Rs 81 cr
Textile and apparel group SKNL today reported 74.6 per cent jump in its net profit to Rs 80.7 crore for the third quarter ended December 31, 2009, compared to the same period last fiscal on the back of robust growth in its domestic business.

Base rate to replace BPLR
The Reserve Bank of India (RBI) committee on reviewing the benchmark prime lending rate (BPLR) has recommended that the nomenclature be scrapped and a new benchmark rate — known as base rate — should replace it.

News of the day

PSU stocks gain as Sensex logs first weekly gain in three weeks
The BSE Sensex climbed 0.6 per cent on Friday, posting its first weekly rise in the past three weeks, with banks leading the rebound as investors picked bargains after last month’s fall. Gains in global stocks after the US labour department said initial claims for state unemployment benefit had dropped to their lowest level since early January also underpinned the market.
Small Business

Dabur net up 27.04%

The consolidated net profit of fast moving consumer goods company Dabur India increased 27.04 per cent in the quarter ending December 31, 2009. It stood at Rs 137.77 crore in the third quarter against Rs 108.45 crore in the corresponding period a year ago. Net sales, on the other hand, saw a slower pace of growth, moving up 18.25 per cent only, to touch Rs 926.18 crore in the third quarter against Rs 778.65 crore in the corresponding period last year. - Dabur Q3 net jumps 28% to Rs 138 cr - Dabur, Belgium firm tie-up to reduce carbon emission - FMCGs hire local talent to boost rural business - FMCG companies may raise prices or reduce product size - First Dabur campaign on cooking range - Dabur appoints former DIPP secretary as independent director On a standalone basis, the company"s net profit surged 7.97 per cent, to touch Rs 113.07 crore in the third quarter against Rs 104.72 crore in the corresponding period a year before. Growth in net sales was a bit more at 13.46 per cent in the third quarter. In absolute terms, net sales were Rs 764.30 crore in the third quarter against Rs 673.60 crore in the corresponding period a year before. Operating profit margins showed a marginal improvement of 179 basis points to touch 19.7 per cent, the company said. The company could achieve this on the back of cost efficiencies in the third quarter, Dabur India Chief Executive Officer Sunil Duggal said. On the domestic front, Dabur India"s oral care portfolio grew 25 per cent in the third quarter, while hair care and skin care grew 41 per cent and 32.5 per cent respectively. Dabur"s flagship product Chyawanprash, meanwhile, grew 10 per cent in the third quarter. The company"s stock closed marginally down on January 27 to touch Rs 155 from Rs 157.80 the previous day.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009