Stocks in news: REC, RIL, Patni, HCL Info, TTML

Nifty BSE | NSE 30/05/12 Are Mutual Funds betting on Nifty?

Board meets:
-Arvind on fund raising
-Pantaloon Retail on business restructuring
-RPG Cables to mull amalgamation with KEC International
-Gwalior Chemical to mull buy back
-Premier on fund raising

Other stocks that are in news today:
-Indiabulls Power to list today, issue price Rs 45 per share
-Den IPO closes today, subscribed 0.22 times till now
-DLF says to buy out Laing O' Rourke's stake in JV with company
-Sterlite says minority stake buyout of Balco, Hindustan Zinc this year
-TTML says received investor interest for stake sale in tower business ((Company owns 2,000 towers currently))
-HCL Info says L1 bidder with BSNL, premature to talk about size
-6 crore TV18 partly paid rights shares to hit market today
-Suryachakra Power board approves hiving off coal trading business

Results: (Cr - crore, Vs - versus)
RIL Q2 YoY
-Sales up 4.6% at Rs 46848cr Vs Rs 44787cr
-OPM at 15.41% Vs 14.46%
-PAT down 6.6% at Rs 3852cr Vs Rs 4122cr

RIL Q2 QoQ
-Sales up 46.1%; Last Quarter: Rs 32055cr
-OPM down 307 bps; Last Quarter: 18.47% 
-PAT up 5.9%; Last Quarter: Rs 3636cr

ONGC Q2
-Sales down 13.2% at Rs 15191cr Vs Rs 17499.6cr (Est: Rs 15240cr)
-OPM at 58.16% Vs 48.6% (Est: 61.6%)
-Net Profit up 5.85% at Rs 5089.6cr Vs Rs 4808.4cr (Rs 4962cr
-Subsidy Burden at Rs 2630cr
((76% of total auto fuel under recovery))
((Subsidy Burden in Q1 was Rs 429 cr))

Cairn India Q2
-Sales down 28.3% at Rs 229.8cr Vs Rs 320.6cr (Est: Rs 249cr)
-OPM at 52.89% Vs 68.59%
-Net Profit up 60.1% at Rs 469.5cr Vs Rs 293.3cr
-Net realization was $ 59.6/bbl Vs $ 87.3/bbl YoY

BPCL Q2
-Revenues down 28.4% at Rs 27092.3cr Vs Rs 37826.2cr ((Expectation: Rs 27092.3cr))
-EBITDA Loss of Rs 95cr Vs Rs 2143cr ((Expectation 4%))
-Net Loss of Rs 158.8cr Vs Rs Loss of Rs 2625.3cr ((Expectation Rs 392cr))
-Mumbai Refinery GRMs At $2.14/bbl
-Kochi Refinery GRMs At $6.25/bbl

DLF Q2 (QoQ)
-Revenue Up 6.13% to Rs 1750.94 cr from Rs 1649.86 cr ((Estimates: Rs 1751.26 cr))
-Net Profit Up 11.05% to Rs 439.74 cr from Rs 396 cr ((Estimates: Rs 484.89 cr))
-EBIDTA margin at 53% vs 47%

Grasim Q2 (Cons)
-Revenues up 5% at Rs 4682.28 Vs Rs 4452.45 Cr ((Est: Rs 4,680.2 Cr))
-PAT up 61% at Rs 780.8Vs Rs 486.43 Cr ((Est: Rs 635.8 Cr))
-OPM at 32% Vs 21% ((Est: 30%))
((Results not comparable due to sale of Sponge Iron div))

Tata Power Q2
-Revenues at Rs 1672.3 cr vs Rs 1924.2 cr ( Poll: 1986 cr)
-EBIDTA higher 57.5% to Rs 416.8 cr vs Rs 264.7 cr ( Poll: Rs 471 cr)
-Profits at 182.2 cr vs 252.9 cr ( Poll: Rs 234 cr)
((Tax has doubled due to kick in of MAT; had to made some payment for Q1 also))

TTML Q2 Consolidated (QoQ)
-Revenues: Rs 550 cr vs Rs 511.93 cr
-EBIDTA: 22% vs 30.75% (due to GSM launch expenses)
-Net Loss: Rs 116.1 cr vs Rs 34.26 cr

ITI Q2 (QoQ)
-Net loss at Rs 78 cr vs Rs 108 cr
-Net sales at Rs 795 cr vs Rs 1110 cr
-Optg loss at Rs 40 cr vs Rs 38 cr
-Interest at Rs 40 cr vs Rs 68 cr

Guj NRE Coke Q2
-Net sales  down 23% Rs 383 Cr vs Rs 496 Cr  ( QoQ up 24% vs  Rs 310 Cr)
-Operating Profits at R 40 Cr Vs Rs 146 Cr 
-OPM at 11% vs 30% ( QoQ  OPM was  5% )
-Net Profit down 80% at Rs 20 Cr vs Rs 102 Cr ( QoQ  vs was Rs 3.64  CR

Alok Ind Q2
-Net Sales up 39.6% at Rs.974.79cr vs Rs.698.14cr
-OPM at 29.94% vs 24.66%
-PAT up 26% at Rs.57cr vs Rs.45.26cr

Sasken Q2
-Consolidated revenues down 3% at Rs 135.7  cr vs Rs 139.5
-EBIDTA higher by 9% to Rs 26 cr vs Rs 24 cr
-Profit after tax at Rs 16.3 cr vs Rs 20.2 cr
-Margins at 19.2% vs 17.2%

Mid-Day Q2 YoY
-Revenue down to Rs 30.01 cr vs Rs 34.96 cr
-Operating profit of Rs 3.09 cr vs loss of Rs 1.76 cr (OPM is 10% for this Q)
-Net loss of Rs 69 lakhs vs Rs 19.65

Britannia Q2
-Net Profit At Rs 59.1 Cr Vs Rs 53.3 Cr
-Net Sales At Rs 859 Cr Vs Rs 839 Cr

Colgate Q2
-Net profit at Rs 89.7 Cr Vs Rs 63.5 Cr
-Net sales At Rs 487 Cr Vs Rs 412 Cr

JSL Q2
-Net Sales At Rs 1,328.1 Cr Vs Rs 1,092 Cr
-Net Profit At Rs 62.8 Cr Vs Net Loss Of Rs 68.6 Cr

NFL Q2
-Revenue down 19.76% to Rs 1470.65 cr vs Rs 1832.86 cr
-OPM at 8% vs 7.3%
-PAT at Rs 57.72 cr vs Rs 57.34 cr
-Interest costs Rs 2.46 cr vs Rs 14.78 cr

Asahi India Q2 Consolidated
-Net Sales At Rs 325.34 Cr Vs Rs 308.60 Cr
-Net Loss At Rs 1.16 Cr Vs Net Profit of Rs 19.73 Cr
-OPM at 19.4% vs 28.7%

BGR Energy Q2
-Net profit at Rs 30.6 cr vs Rs 23.7 cr
-Net sales at Rs 466 cr vs Rs 425 cr
-OPM at 12.3% vs 10.3%

Opto Circuits Q2
-Net profit at Rs 67 cr vs Rs 57 cr
-Net sales at Rs 255 cr vs Rs 217 cr

Shasun Chem Q2
-Net profit at Rs 1.80 cr vs loss of Rs 10.7 cr
-Net sales at Rs 123.5 cr vs Rs 125 cr
-OPM at 6.2% vs Optg loss of Rs 4 cr

DCW Q2
-Net sales at Rs 271.9 cr vs 203.5 cr
-Net profit at Rs 21.75 cr vs 9.6 cr
-OPM at 16.9% vs 11.1%

BSL Q2
Net sales at Rs 54.64 cr vs 53.77 cr
Net profit at Rs 1.35 cr vs loss of 61 lk

Helios And Matheson Q2
Net sales at Rs 48.65 cr vs 55.72 cr
Net profit at Rs 4.45 cr vs 6.2 cr

Lokesh Machines
-Net sales at Rs 23 cr vs 24.5 cr
-Net profit at Rs 1 cr vs 1.24 cr

Prime Sec Q2
-Net sales at Rs 6.1 cr vs loss of  57 lk
-Net profit at Rs 3.5 cr vs loss of 1.6 lk

Sical Logistics Q2
-Net sales at 127.1 Rs cr vs 123.1 cr
-Net profit at Rs 2.4 cr vs loss of 41.9 cr
-OPM at 8.4% vs 7.2%
((Extraordinary loss at Rs 1 cr vs loss of 43.5 cr))

Alkali Metals Q2
-Net sales at Rs 12.08 cr
-Net profit at Rs 1.6 cr
((listed on Nov 08; hence comparative figures not given to exchanges))

Indian Hume Pipe Q2
-Net sales at Rs 161.5 cr vs 168.6 cr
-Net profit at Rs 7.8 cr vs 3.1 cr

Apar Ind Q2
-Net sales dn 23.5% at Rs 487 cr vs 637 cr
-Net profit at Rs 22.4 cr vs 5.6 cr
-OPM at 8.4% vs 2%
-Expenses lower by 28.5%; EBIT at Rs 37.8 cr vs Rs 9.7 cr