CORPORATE RESULTS
TELECOMMUNICATIONS
Tata Tele (Maha) net loss widens
TATA Teleservices (Maharashtra) Ltd has reported a 72 per cent increase in revenues for the quarter ended December 31, 2003; revenues increased to Rs 163.25 crore from Rs 94.65 crore reported during the corresponding quarter of the previous ...
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CONSUMER ELECTRONICS
LG Electronics posts Rs 205-cr net profit
THE Korean durables and electronics major, LG Electronics India Pvt Ltd (LGEIL), has posted a net profit of Rs 205 crore for the year ending December 31, 2003. The company has registered a turnover of Rs 4,500 crore, a growth of 36 per cent ...
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FERTILISERS
GNFC posts Rs 17.6-cr net
GUJARAT Narmada Valley Fertilisers Company Ltd has recorded a 23 per cent increase in its profit after tax at Rs 17.57 crore for the third quarter ended December 2003 as compared to Rs 14.33 crore in the corresponding quarter last fiscal, ...
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Coromandel Fert net up 63 pc; revamps board
COROMANDEL Fertilisers Ltd (CFL), part of the Chennai-based Rs 4,500-crore Murugappa group, has registered a growth of 128.45 per cent in turnover and 63.07 per cent in net profit for the third quarter of current fiscal year ended December 31, ...
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PETROLEUM
CPCL net rises in third quarter
CHENNAI Petroleum Corporation's net profit for the quarter ended December 31, 2003 has gone up by about three times over that of the previous corresponding quarter. During this period, income from operations has gone up by 5.7 per cent. The ...
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STEEL
Tata Steel net profit jumps to Rs 447.17 cr
IMPROVED realisations, richer product mix and continued cost controls helped Tata Steel to report a 60.6 per cent increase in net profit at Rs 447.17 crore during the December 2003 quarter (Rs 278.36 crore). However, during the quarter the ...
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HCV/LCV/TRACTORS
Tata Motors PAT zooms; to pay 40 pc interim
TATA Motors Ltd on Thursday reported a 178.53-per cent rise in profit after tax (PAT) to Rs 210.88 crore for the third quarter ended December 31, 2003, as against the previous corresponding Rs 75.71 crore. Net sales/income from operations was ...
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MEDICAL INSTITUTIONS & HOSPITALS
Apollo Hospitals net at Rs 10 cr
APOLLO Hospitals registered a profit after tax of Rs 10 crore in the third quarter of the current financial year, up by 72 per cent in relation to the same in the corresponding quarter of the preceding year. Apollo's total income for the third ...
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SOFTWARE
Satyam Q3 net up 25 pc at Rs 146 cr
SATYAM Computer Services has posted net profit of Rs 145.86 crore on total income of Rs 691.14 crore for the third quarter ended December 2003 compared to net profit of Rs 116.73 crore and total income of Rs 521.50 crore for the corresponding ...
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Subex Q3 net up 240 pc
BANGALORE: Subex Systems Ltd, a Bangalore-based telecom product company, has reported a 240 per cent growth in its net profit for the third quarter ended December 31, 2003 over the corresponding period last year, while its revenues grew by ...
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ALUMINIUM
Hindalco Q3 profit rises 11 pc on higher volumes
HINDALCO Industries Ltd has reported a 10.6 per cent increase in its net profit at Rs 196.1 crore for the third quarter ended December 2003 against Rs 177.3 crore in the year-ago period. Higher volumes in both aluminium and copper business and ...
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Indal Q3 net sales at Rs 398 crore
INDIAN Aluminium Company Ltd (Indal), an Aditya Birla Group company, maintained its growth trend for the nine months period, including the third quarter ended December 2003. The company's net sales for the third quarter grew by 26 per cent at ...
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ABRASIVES
Carborundum's net at Rs 5.65 crore
THE Chairman of Carborundum Universal Ltd, Mr M.V. Murugappan relinquished his post at the company's board meeting on Thursday when Mr M.M. Murugappan, the Vice Chairman was elected to the post. According to a press release from the company, ...
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PUBLIC SECTOR BANKS
Vijaya Bank Q3 net up despite lower income
VIJAYA Bank has reported a net profit of Rs 110 crore for the third quarter of this fiscal, up from Rs 95.89 crore in the second quarter. The improved net profit comes despite the reduced earnings; total income of the bank fell to Rs 627.30 ...
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