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Thursday, November 09, 2006

The Matrix gets reloaded...

IIPM PUBLICATION
Buoyed by a rapidly developing economy and a booming infrastructure sector, cement companies are smiling all the way to bank during this quarter as well. Though the historical track record suggests a slowdown for the cement industry in Q2 due to the Indian monsoon season, this fiscal has been markedly different. Combined bottom-line figures of 11 companies have grown by a whopping 444% for the first half of the current financial year. The IT sector has come out good as always. While Infosys has posted a 48% top-line growth for H1, both TCS and Wipro have grown by 47% each. Pharma companies showed 22% top-line and 30% bottom-line growth. The gross turnover figures of auto and auto ancillary sectors have risen by 18% and 23%, respectively. The banking sector too has posted growth of 31%. Other sectors, where most companies declared their results, also showed profitable growth.

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Source :
IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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