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Earnings Analysis: 
ONGC Net Drops 43%, India Cement Rises 2.6%
Author: Trupti Mehta
123jump.com
Last Update: 9:04 AM ET January 28 2009



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[9:00AM New York - National Aluminium Co. Ltd revenue declined 8% and net profit dips 33%. Oil & Natural Gas Corporation net profit fell 43.4%. United Phosphorus Limited total income grew 35.2% and net profit rose 33.0%.

Dabur India Limited, healthcare, personal care and food products said third quarter total income rose 21% to Rs.790.08 crore from Rs.654.57 crore a year ago. Net profit in the quarter jumped 14.7% to Rs.108.45 crore compared to net profit of Rs.94.52 crore a year ago.

Dabur India Limited, in the last one year traded as high as 115.30 in April 2008 and as low as 60.00 in October 2008. Based on the yesterday’s trading closing price Rs.87.25 the company has a market cap of Rs.75.48 billion.

Gail India Ltd, the state controlled gas utility said third quarter total income rose 35% to Rs.6,046.81 crore from Rs.4,483.15 crore a year ago. Net profit in the quarter dipped 59.2% to Rs.253.36 crore compared to net profit of Rs.621.32 crore a year ago.

Gail India Ltd, in the last one year traded as high as 202.45 in February 2008 and as low as 199.35 in June 2008. Based on the yesterday’s trading closing price is Rs.199.35.

Hindustan Petroleum Corporation Limited, India''s second largest refiner said third quarter sales rose 8.3% to Rs.293.86 crore from Rs.271.17 crore a year ago. Net loss in the quarter was Rs.422.03 crore or Rs.12.45 per diluted share compared to net loss of Rs.15.74 crore or Rs.0.46 per share a year ago.

Hindustan Petroleum Corporation Limited, in the last one year traded as high as 323.15 in February 2008 and as low as 164.10 in June 2008. Based on the yesterday’s trading closing price Rs.270.85 the company has a market cap of Rs.91.72 billion.

The India Cements Limited, the cement maker said third quarter total income rose 2.58% to Rs.877.78 crore from Rs.855.74 crore a year ago. Net profit in the quarter dips 51% to Rs.61.91 crore compared to net profit of Rs.1,270.50 crore a year ago.

The India Cements Limited, in the last one year traded as high as 232.00 in February 2008 and as low as 68.50 in October 2008. Based on the yesterday’s trading closing price Rs.106.15 the company has a market cap of Rs.29.92 billion.

National Aluminium Co. Ltd, the second largest Indian producer said third quarter revenues declined 8% to Rs.1,149.22 crore from Rs.1, 247.26 crore a year ago. Net profit in the quarter dips 33% to Rs.219.46 crore compared to net profit of Rs.329.44 crore a year ago.

National Aluminium Co. Ltd, in the last one year traded as high as 193.90 in May 2008 and as low as 193.90 in January 2009. Based on the yesterday’s trading closing price is Rs.185.80.

Oil & Natural Gas Corporation, the country''s largest oil and gas explorer chemicals said third quarter net profit fell 43.4% to Rs.24.75 billion compared to net profit of Rs.43.7 billion a year ago.

Oil & Natural Gas Corporation, in the last one year traded as high as 649.20 in August 2008 and as low as 645.80 in January 2009. Based on the yesterday’s trading closing price is Rs.645.80.

United Phosphorus Limited, the maker of agro and industrial chemicals said third quarter total income grew 35.2% to Rs.1,094.41 crore from Rs.809.41 crore a year ago. Net profit in the quarter rose 33.0% to Rs.64.62 crore compared to net profit of Rs.48.55 crore a year ago.

United Phosphorus Limited, in the last one year traded as high as 370.00 in August 2008 and as low as 65.12 in October 2008. Based on the yesterday’s trading closing price Rs.94.50 the company has a market cap of Rs.41.54 billion.
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Market data: BATS Exchange. Inc.

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