CORPORATE RESULTS
PHARMACEUTICALS
Ajanta Pharma sales, profit up on export growth
Pharmaceutical formulation company, Ajanta Pharma, continued its growth in the third quarter on the back of robust exports. It posted a growth of 25 per cent in sales at Rs 88.63 crore during the nine months ended December 2003 compared to Rs ...
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STEEL
Jindal Stainless net up at Rs 47.5 cr
JINDAL Stainless Ltd on Wednesday reported a net profit of Rs 47.50 crore for the quarter ended December 31, 2003, as against the previous corresponding Rs 31.25 crore registered as Jindal Strips, prior to the company's restructuring. Total ...
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TWO/THREE WHEELERS
Hero Honda Q3 net rises 33 pc; to pay 500% special interim
HERO Honda Motors Ltd, the country's largest two-wheeler maker, today said its net profit for the third quarter of the fiscal rose by 33 per cent on robust sales and income from other operations. Net profit of the company stood at Rs 203 ...
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PUBLIC SECTOR BANKS
Corpn Bank net dips 25 pc in Q3; to pay 30 pc interim
LOWER treasury income coupled with increased provisioning has led to a 25.38-per cent dip in the net profit of Corporation Bank Ltd for the third quarter ended December 31, 2003. The bank recorded a net profit of Rs 113.28 crore during the ...
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Q3 net up 115 pc — Allahabad Bank to invest Rs 50 lakh in UTI's ARC
ALLAHABAD Bank will acquire 10 per cent equity stake in the asset reconstruction company being floated by Unit Trust of India. "We will invest Rs 50 lakh in UTI's ARC, which will have an equity base of Rs 5 crore," said Mr O.N. Singh, CMD of ...
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