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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence POLITICAL ECONOMY | PART 1: THE TELECOM TEST The Sangh’s Costliest Blunder: Keeping Narendra Modi in the Chair After Demonetisation and a Trail of U-Turns Two private giants, one state-propped survivor, roughly ₹3.22 lakh crore in announced BSNL revival and support packages (spectrum allocation included), and ₹1.41 lakh crore of AGR dues still on the books: telecom shows what happens when one man’s brand becomes the party’s only policy. This is an argument against Narendra Modi, not against the BJP. SYNOPSIS India’s telecom market has narrowed from a messy but real plurality into two dominant private networks, one weak private survivor kept alive by government equity, and a public operator that has needed about ₹3.22 lakh crore in announced support packages and spectrum allocations, not all of it cash. The 2010 spectrum auctions that started the debt spiral were a UPA-era event, and we say so plainly. But a ...
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As expected Avon Corporation Ltd comes up with very good numbers for Q2FY11:
As  mentioned earlier no one would be able to stop the scrip from becoming Rs.11-12 in the next few months. Its production capacity has already tripled in FY11 as compared to FY09:
The total income of the company for Q2FY11 came out to be Rs.58.58 Cr as against Rs.27.39 Cr in the same period previous year. Profit from operations before other income, interest and exceptional items jumped to Rs.8.73 Cr as against Rs.1.96 Cr in the same period previous year. The PBT for the company  for Q2FY11, came out to be Rs.7.33 Cr as against Rs.1.89 Cr in the same period previous year. 
The net profit of the company for Q2FY11 came out to be whooping Rs.7.32 Cr as against Rs.1.81 Cr in the same period previous year. The EPS of the company shot up to Rs.1.13 in Q2FY11 as against Re.0.28 in the same period previous year.
Thus net sales of the company in Q2FY11 has shown a growth of 76.65% as compared to Q2FY10. In the same way the PBT increased by 137.49% and PAT increased by 163.19% when compared on Q-o-Q basis.

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