Nicholas Piramal Q4 net at Rs 132 crore, Marico up 50%

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for high cost deposits that ultimately hit our net interest margins." Daruwalla said that Central Bank of India may go for a follow-up issue after July 2008.

Zensar Tech Ltd posts 19% growth

Zensar Technologies Limited has registered a 19%-growth in sales to Rs 204 crore for Q4 of 2007-08 and a 25%-rise in net profit to Rs 21.54.

Consolidated revenues for 2007-08 grew 29% to Rs 782.93 crore while net profit grew 12 per cent to Rs 64.50 crore.

For 2008-09 Zensar has announced a guidance of Rs 82 crore PAT, which represents a 25% y-o-y growth. Ganesh Natarajan, deputy chairman and MD said that the strategy for revenue growth would be through wider and deeper penetration of Fortune 500 customers, new customer access through organic and inorganic expansion and tight management of utilization across our centres in Pune, Hyderabad and overseas have been successful. The company added 23 clients during the quarter. It has 4,483 employees as on March 31, 2008. The utilization level has reached an all time high of over 85 per cent. Zensar has won over $5million of new deals in Middle East and South Africa in the first three months of 2008 and is now targeting over ten percent of its total revenues from these fast growing segment of the market.

HCL Info reports Rs 3017.5 crore revenues for Q3 FY08

HCL Infosystems today reported consolidated revenues of Rs. 3017.5 crores for the quarter ended 31st March 2008 and profit after tax for the quarter was Rs. 81.5 crores. Revenue from the computer systems business during the quarter was Rs 841.4 crores and revenue from telecommunication and office automation business during the quarter was Rs. 2183.8 crores. Consolidated EPS for the quarter was Rs. 4.8 per share.