Aditya Birla Nuvo| GMR Infrastructure|SREI Infrastructure
Aditya Birla Nuvo
Aditya Birla Nuvo Ltd has posted a net profit of Rs 806.50 million for the quarter ended December 31, 2009 as compared to Rs 41.10 million for the quarter ended December 31, 2008. Total Income has increased from Rs 12130.70 million for the quarter ended December 31, 2008 to Rs 12684.10 million for the quarter ended December 31, 2009.
GMR Infrastructure
GMR Infrastructure Ltd has posted a net profit after tax of Rs 18.40 million for the quarter ended December 31, 2009 as compared to Rs 222.70 million for the quarter ended December 31, 2008. Total Income has increased from Rs 373.30 million for the quarter ended December 31, 2008 to Rs 517.80 million for the quarter ended December 31, 2009.
SREI Infrastructure
SREI Infrastructure Finance Ltd has informed that, in an all-cash deal a consortium led by the Company in an auction has emerged as the highest bidder to acquire 57.17% stake in DPSC Ltd. from Andrew Yule and Company Ltd., Life Insurance Corporation of India and United India Insurance Company Ltd. Andrew Yule and its subsidiaries own 15.20% in DPSC, while LIC and UII own 30.61% and 11.36%, respectively.
McNally Bharat
McNally Bharat Engineering Company Ltd has informed that McNally Bharat Infrastructure Ltd, a 100% subsidiary of the Company has signed a Memorandum of Understanding with the Promoters of Buildmet Ltd. for buying the 100% equity share capital of the said Buildmet Ltd. held by the Promoters at a value of Rs. 37 Crores.
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