Gujarat NRE Coke declared its FY09 and fourth quarter results. The company's FY09 consolidated net sales were up at Rs 1,522.6 crore versus Rs 887 crore. Its FY09 consolidated profit after tax (PAT) was down at Rs 90.76 crore versus Rs 127.32 crore. The company's Q4 net sales were slumped to Rs 214.58 crore versus Rs 380.6 crore on year-on-year (YoY) basis. In Q4, the company registered a net loss of Rs 103 crore versus a profit of Rs 64 crore on YoY basis. |
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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