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Wednesday, January 21, 2004

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CORPORATE RESULTS

TELECOMMUNICATIONS
Bharti Tele posts Rs 161-cr Q3 net
BHARTI Tele-Ventures has posted a net profit of Rs 161 crore for the third quarter of the current fiscal as against a loss of Rs 7 crore in the corresponding previous period. With this, the company has posted profits for the fourth quarter ... More

FERTILISERS
Indo Gulf Q3 net at Rs 23.11 cr
INDO Gulf Fertilisers Ltd has ended the third quarter of 2003-2004 with a net profit increase of one per cent at Rs 23.11 crore as against Rs 22.98 crore in the year-ago period. However, the company reported a 20 per cent increase in its ... More

PHARMACEUTICALS
Ind Swift net up 50 pc
NEW DELHI: Ind Swift Laboratories Ltd has recorded a 50 per cent growth in net profit to Rs 2.4 crore for the third quarter ended December 31, 2003 from Rs 1.6 crore registered during the same quarter the previous year. According to a ... More

Zydus Cadila net doubles in third quarter
ZYDUS Cadila returned a net profit of Rs 30.6 crore during the third quarter of 2003-04, registering a 106 per cent growth over Rs 14.8 crore recorded in the corresponding previous period. The surge in the bottomline for the Ahmedabad-based ... More

Biocon 9-month net up 119%
BIOCON Ltd, which has planned its IPO for the first quarter of 2004, has reported total income of Rs 398.70 crore for the nine months ended December 2003. The figure is 41 per cent higher than the full-year income of Rs 282.7 crore for ... More

Lupin Q3 net up 77 pc on higher sales
LUPIN Ltd has clocked a 77 per cent growth in net profit for the quarter ended December 31, 2003. The company registered a net profit of Rs 40 crore, compared with Rs 22 crore in the corresponding period last year. Net sales for the period ... More

POWER
Tata Power Q3 net up 26 pc
TATA Power Company today reported a 26 per cent rise in net profit for the third quarter of fiscal year 2003-04, but said revenues fell 10.5 per cent to Rs 1,027 crore. TPC said net profit for the quarter ended December 31, 2003, stood at Rs ... More

STEEL
Jindal Vijayanagar Steel net profit at Rs 225.53 cr
JINDAL Vijayanagar Steel Ltd today reported a net profit of Rs 225.53 crore for the quarter ended December 31, as against the previous corresponding loss of Rs 59.88 crore. The company's net sales/income from operations was Rs 788.41 crore ... More

GEMS & JEWELLERY
Shrenuj & Co net up 23 pc
MUMBAI: Shrenuj & Co Ltd has shown an all-round growth for the third quarter of the current fiscal ended December 31, 2003. Together with Q3 results, the company has achieved a growth of 35 per cent in sales and 23 per cent in net ... More

SOFTWARE
Blue Star Infotech Q3 net up 41 pc
BLUE Star Infotech Ltd has recorded a 41 per cent growth in net profit at Rs 5.2 crore for the quarter-ended December 31, 2003 compared with Rs 3.7 crore in the corresponding quarter the previous year. The software services provider posted Rs ... More

ALUMINIUM
Man Industries net rises
MUMBAI: Man Industries (India) Ltd has reported a rise in net profit to Rs 36.53 crore for the nine-month period ending December 31, 2003, as against the previous corresponding Rs 9.61 crore. According to an official statement, sales ... More

PRIVATE BANKS
Core banking gains lift UTI Bank Q3 net up 45 pc
AIDED by an increase in net interest income through core banking business, UTI Bank has registered a 45.3 per cent jump in net profit to Rs 74.86 crore for the quarter ended December 31, 2003 up from Rs 51.50 crore in the corresponding period of ... More

PUBLIC SECTOR BANKS
Syndicate Bank net falls on higher tax liabilities
SYNDICATE Bank proposes to tap the bond market for raising tier two capital to the extent of Rs 125 crore. Briefing newspersons here on Tuesday, the Syndicate Bank's Chairman and Managing Director, Mr Michael Bastin, said that the bank needed ... More

SUPPLY CHAIN MANAGEMENT
Blue Dart Q3 net at Rs 7 cr
BLUE Dart Express Ltd has reported a net profit of Rs 7.02 crore in the third quarter of the current fiscal, which is 32 per cent more than that of the corresponding period of last fiscal. The company, which had its board meeting here on ... More

ISPS
Sify loss narrows
SIFY Ltd has reported a loss of Rs 10.24 crore for the quarter ended December 31, 2003, down 68 per cent from the Rs 32.20-crore loss for the same quarter the previous year. Its sales revenues grew 37 per cent, to Rs 71.14 crore for the third ... More




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