WE ARE ‘LOADED FOR BEAR’ GUYS!

Despite being in the midst of turmoil at the bourses, India Inc. has shown its resilience in this quarter

It has been a truly phenomenal performance! The euphoria at the bourses might have calmed down, but India Inc. still seems to be on a high as they are back with a bang to keep the party rolling at Dalal Street, once again. Keeping pace with the growth of the economy, the financial results of India Inc. are zooming ahead. All in all, the Indian corporate tigers are driving the bears away, not with stock market manipulations, but with rock solid financial performance. According to the consolidated financial results of 1,926 companies (results announced till August 4, 2006), reported PAT for the quarter ending June 2006 has gone up to a massive Rs.417.74 billion from Rs.314.52 billion for the previous year; a stupendous growth of 32%. This stands out as the highest growth in last five quarters.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:-Prof. Arindam Chaudhuri - 2006

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)