ManagementGulf Oil & ENIL's Q1 result
Gulf Oil Q1 FY10 PAT at Rs 21 cr
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Hinduja group company, Gulf Oil, has clocked a 7 per cent growth in its total income at Rs 263 crore in the first quarter of FY10 against Rs 224 crore in the year-ago period. Its profit after tax (PAT) in the reporting quarter was Rs 20.96 crore, up over 140 per cent from the Rs 8.58 crore in the year-ago period, a press release issued here said. The company said that its lubricants division achieved a gross turnover of Rs 131 crore in Q1 FY10 as compared to Rs 126 crore in the same period of the previous year.
ENIL Q1 loss widens to Rs 19 cr
Entertainment Network India Ltd (ENIL), a Times Group company, has posted a consolidated net loss of Rs 19.41 crore for the first quarter ended June 30, while the same was at Rs 7.99 crore during the corresponding period a year ago. Total income also fell to Rs 87.31 crore during the latest quarter of the current fiscal (2009-10) from Rs 107.10 crore of the same quarter a year earlier. Meanwhile, the company, which operates FM channel Radio Mirchi, said its Managing Director A P Parigi would step down from its board.