The visual entertainment services company Prime Focus recorded a sharp surge in its net profit registered for the year ended on March 2011. The company’s CFO, Nishant Fadia tells CNBC-TV18, that the company has seen a rise in the EBITDA, from 26% to 33%.
Reading a strong demand in northern India space, real-estate major Parsvnath Developers are all set to launch township on SEZ property in Gurgaon. “The company aims to sell 6-7 msf in FY12,” said chairman Pradeep Jain in an interview with CNBC-TV18.
Honda Siel Power Products has declared its FY11 results. The company's FY11 revenues were up at Rs 413 crore versus Rs 310 crore.