Shreyas Shipping & Logistics net profit rises 6.30% in the June 2008 quarter

News Flash

Don't expect any slowdown in power biz through 2009
Will buy firms that can't achieve financial closure
Sitting on enough cash to pick up stake in new projects
Budge Budge unit to be on-stream ahead of schedule
Seeks increase in duty drawbacks and DEPB by 3%
Wants a minimum ceiling of 7% on export credit
Needs an additional 2% interest subvention
Bags order from Southern Railways worth Rs.110cr
India fairly insulated due to robust domestic demand
Pvt held business owners with 83% level of optimism
Travel and tourism remains relatively insulated
Majority of countries view 2009 as a difficult year
Fitch withdraws rating on Jindal Stainless
L&T bags order worth Rs.1100 crores
Key clients confidence is shaken in Satyam
Satyam could become vulnerable for acquisition
Satyam could face pricing pressure due to the situation
100 people a diminutive no.; not indicative of anything
Software, BPO staff among those planning to quit: Srcs
Resignations seen in lower, mid level management: Srcs
100 more may resign; to wait for board meet on 10th: Srcs
120 employees resign post Maytas fiasco: Sources
Senior mgmt unhappy with board decisions: Sources
To consider acquisition of housing finance co on Jan 8
Punj Lloyd wins order worth Rs 264cr for Sikkim Airport
Q2 Net Sales at Rs. 214.79cr vs Rs.162.71cr (QoQ)
Q2 PAT at Rs.31.03cr vs Rs.15cr (QoQ)
Nod for Gabapentin capsule from Health Canada
Expect Wipro to miss guidance in Q3
50% weight of Index under stress for Q3 earnings

Updated: 30/07/2008 | 12:00 AM IST

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Wednesday, July 30, 2008 (New Delhi)

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Sales rise 11.57% to Rs 43.30 crore

Net profit of Shreyas Shipping & Logistics rose 6.30% to Rs 9.11 crore in the quarter ended June 2008 as against Rs 8.57 crore during the previous quarter ended June 2007. Sales rose 11.57% to Rs 43.30 crore in the quarter ended June 2008 as against Rs 38.81 crore during the previous quarter ended June 2007.