| Amara Raja sets record profit
Industrial and automotive battery major Amara Raja Batteries Limited has recorded revenues of Rs 2173.94 million (net sales Rs 2145.96 million plus other income Rs 27.98 million), PBT of Rs 274.64 million and net profit Rs 179.06 million for the first quarter. Quarter to Quarter, the top line has grown by 70.29 per cent while net profit rose 90 per cent. Announcing the company's Q1 results, Jayadev Galla, managing director said: 'Buoyant growth in automotive, telecom and UPS segments have driven our growth this quarter. Our capacity expansion, which has been growing in phases, has allowed us to garner a good portion of these growing sectors. Both industrial and automotive battery businesses have benefited from this.' Growth in industrial batteries has been fuelled by greater share of business from telecom customers and the growth in volumes of UPS batteries.
Amara Raja profit up
CHENNAI: Amara Raja Batteries has recorded revenues of Rs. 217.39 crore in the three months ended June 30, 2007, a rise of 70.3 per cent over the year-ago period. The net profit has risen by 90 per cent to Rs. 17.91 crore against Rs. 9.42 crore. According to Jayadev Galla, Managing Director, the buoyant growth in automotive, telecom and UPS segments has driven the growth this quarter. Printer friendly page
Send this article to Friends by E-Mail Business News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts: Classifieds | Jobs | Obituary | Updates: Breaking News | .
UNICOR program restarts at federal prison
The UNICOR program at Texarkana's Federal Correctional Institution is restarting after successful trial runs in 2005 and 2006, according to the Arkansas Department of Environmental Quality. The program, which lets Arkansans recycle a variety of electronics equipment to be reused and kept out of landfills, has been widened to include more types of items, said Todd Baldau of Federal Prison Industries, which runs the program in conjunction with ADEQ. Under Green-Fed II, which expands on the earlier Project Green-Fed initiative, Arkansas residents can send equipment free of charge through UPS. Equipment can include computers, printers, monitors, TV sets, fax machines, videogame players, cameras, rechargeable batteries, AV equipment, microfiche readers, microscopes and telescopes, scrap computer plastic and metal, modems and cell phones.
Cobasys Supplies Back-Up Power System for U.S. Steel Corporation
Cobasys, a leading supplier of advanced integrated energy storage solutions, today announced it has installed its NiGUARD(R) back-up power system at U.S. Steel Corporation's Great Lakes Works steel manufacturing facility in River Rouge, MI. The NiGUARD battery system features Cobasys' advanced, proprietary Nickel Metal Hydride (NiMH) chemistry which offers a safe, environmentally-friendly alternative to traditional backup power batteries. Terms of the sale were not disclosed. The Great Lakes Works facility required a solution for their 24/7/365 uninterruptible power supply (UPS) systems that supported the control center overseeing their blast furnace control systems and auxiliary sensors at the site. While a UPS backup system may typically provide 15 - minutes of emergency power, this U.S.
World Battery & Fuel Cell Chemicals and Materials Market to Reach US$21.2 Billion by 2010, According to New Report by ...
Human dependence on power has grown substantially over the years. This has not only increased pressure on conventional sources of energy but also created the problem of pollution. Scientists are continuously developing alternative sources of power, which have higher energy density, longevity, are more economical, commercially viable, and above all, environmental friendly. Batteries are one of the most widely used sources of power particularly in automobiles and UPS systems while fuel cells are the latest addition providing power with zero emission. Materials and chemicals used in their making are very important for commercial viability as they are instrumental in determining efficiency, voltage, current, and safety of the power producing system. .
Tripp Lite to provide GESOLAR
Tripp Lite has announced a strategic partnership with Green Energy (GESOLAR). The agreement, which was signed by Vipin Sharma, Vice President - EMEA & India Sales, Tripp Lite and Prabiish Thomas, CEO, GESOLAR, stipulates that Tripp Lite will exclusively supply the critical components required for GESOLAR's solar power solutions, which range from streetlights to power systems being used in major industries and government bodies across the region. Under the terms of the contract, Tripp Lite will provide state-of-the-art power back-up UPS units to support a wide range of alternative energy solutions provided by GESOLAR as well as inverters, which convert solar energy into a safe and clean power source for residential, commercial and industrial consumers. Tripp Lite's inverters eliminate the need for specialty appliance, save gas, automatically charge batteries and conserve battery power.
A new fly-tip eyesore every 15 minutes in throwaway society
IT IS a scene that, in a different era, might have inspired an Impressionist painter: verdant reeds on the banks of a peaceful lily pond amid scenic woods. But this pool off Fannyside Road in Cumbernauld does not attract those of an artistic temperament. Instead it is a magnet for fly-tippers dumping all manner of waste, from tyres, old fridges and metal barrels to everyday household rubbish. .
Demo derby in Tonopah
Tonopah Speedway will host a Nevada State Championship demolition derby Saturday, with the payoff $5,000, believed to be the largest purse ever paid to a derby winner. Pits and sign-ups for the event will be from 11 a.m. to 2 p.m., with the show beginning at 3 p.m. The demolition derby is sponsored by the Tonopah Truck Auto Plaza. Entry prices are $75 pre-entry and $100 at the gate. Spectators will be admitted for $10 for adults, 6 to 12-year olds for $5, and under age five are free. All competitors must use full-size American-made rear wheel drive passenger sedans. Station wagons are all right. All glass, chrome and trim must be removed. The dash and heater core must be removed. Drivers must wear helmets whenever in the car on the track.
|
