CORPORATE RESULTS
CEMENT
ACC net rises marginally in Q3
ASSOCIATED Cement Companies has reported a marginal increase, in net profit at Rs 22.32 crore for the third quarter ended December 31, 2003; the company had reported a net profit of Rs 20.21 crore during the corresponding quarter of the previous ...
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ENGINEERING
PSL Q3 net up at 121 pc
PSL Ltd has reported a 121 per cent increase in net profit at Rs 6.72 crore for the quarter ended December 31, 2003 against Rs 3.04 crore in the year-ago period. The board has approved an interim dividend of 25 per ...
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HOTELS
Taj GVK posts Rs 4.74-cr net; to pay Rs 1.5 interim
TAJ GVK Hotels and Resorts Ltd, the city-based hospitality joint venture major between the Tatas and the GVK group, has registered a growth of 31 per cent in operating revenue at Rs 24.88 crore (Rs 19.05 crore), 66 per cent in operating profit at ...
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PESTICIDES
BASF Q3 net rises to Rs 7.8 crore
BASF India Ltd on Friday said that its third quarter profit rose 43 per cent, as compared to the corresponding period last year, fuelled by a robust offtake of its products. Net profit for Q3 ended December 31, 2003 stood at Rs 7.8 crore, as ...
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PHARMACEUTICALS
Ranbaxy group net down 8.3%
RANBAXY Laboratories Ltd and its subsidiaries have registered an 8.3-per cent decline in net profits for the fourth quarter ended December 31, 2003 even as it recorded a 14-per cent growth for the financial year. For the fourth quarter, on ...
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GlaxoSmithKline net profit dips 10%
GLAXOSMITHKLINE Consumer Healthcare Ltd (GSKCH) registered a 10.2 per cent dip in net profits even as sales grew by a meagre 4.9 per cent for the financial year ended December 31.For the whole year, total sales stood at Rs 799.12 crore compared ...
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TEA
Tata Tea net dips to Rs 15.5 cr
TATA Tea Ltd (TTL) today reported a profit after tax of Rs 15.57 crore for the quarter ended December 31, 2003, as against the previous corresponding Rs 16.97 crore. Total income from operations was marginally up, to Rs 205.77 crore (Rs 193.09 ...
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CARS
Small cars drive up Maruti net to Rs 141 cr in Q3
MARUTI Udyog Ltd today said its net profit in the third quarter of the fiscal nearly tripled on higher sales of its compact cars and one-time gains. Net profit of Maruti in the quarter ended December 31, 2003 stood at Rs 140.75 crore compared ...
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HCV/LCV/TRACTORS
Ashok Leyland Q3 net profit jumps 63%
ASHOK Leyland has reported a net profit of Rs 37.98 crore for the third quarter of the current year, 63 per cent higher than the Rs 23.78 crore the company achieved in the corresponding quarter of last year. The company achieved a turnover of ...
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TWO/THREE WHEELERS
TVS Motor PAT at Rs 27.5 cr
TVS Motor's profit after tax for the third quarter of the financial year 2003-04 was Rs 27.50 crore, lower by 15.33 per cent in relation to the corresponding quarter of the previous year. The operating income for the third quarter was Rs ...
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WASHING MACHINES
Whirlpool posts Rs 6.7-cr net loss
NEW DELHI: Whirlpool of India Ltd has posted a net loss of Rs 6.7 crore for the quarter ended December 31, 2003 as compared to net profit of Rs 2 crore for the quarter ended December 31, 2002. Total income (net of excise) has decreased ...
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SOFTWARE
GTL group net up 62%, sales down 8 pc
DESPITE an eight per cent drop in net sales and services, GTL Ltd posted a 62 per cent jump in profits at Rs 31.84 crore for the quarter ended December 2003 compared to Rs 19.68 crore during corresponding previous period. For GTL (stand alone), ...
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PRIVATE BANKS
Karur Vysya Bank third quarter net rises 10 per cent
KARUR Vysya Bank reported a 10 per cent growth in net profits for the third quarter at Rs 44.54 crore compared to Rs 40.21 crore for the corresponding period in the previous fiscal. The marginal growth in profits was possible because of a write ...
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Despite big provisioning, SIB net rises 19 pc
THE net profit of the Thrissur-based South Indian Bank rose by 18.5 per cent to touch Rs 64.8 crore (Rs 54.7 crore) during the first nine months of the current fiscal. It is significant that the net profit has been arrived at after making a ...
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Bank of Rajasthan Q3 net up 67 pc
BANK of Rajasthan has recorded a 66.93 per cent rise in net for the third quarter ended December 2003 at Rs 30.65 crore compared to Rs 18.36 crore in the corresponding previous period. Total income grew to Rs 178.67 crore (Rs 152.53 crore). ...
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PUBLIC SECTOR BANKS
Canara Bank Q3 net rises to Rs 373 cr
CANARA Bank has reported an operating profit of Rs 685.38 crore for the third quarter this year, down from Rs 998.43 crore from the previous quarter of the same period (Q2). Despite this reduction, the bank has reported a net profit of Rs ...
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SBM 9-month net up 107 per cent
STATE Bank of Mysore has recorded a nine-month net profit of Rs 138.77 crore, up from Rs 66.89 crore in Dec 2002, a growth of 107 per cent; operating profit went up to Rs 301.02 crore, up from Rs 208.73 crore, a 44.22-per cent rise, according to ...
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SBT 9-month profit up 70 pc
STATE Bank of Travancore (SBT) has posted 70 per cent increase in net profit during the nine-month period ended December 31, 2003, over the same period the previous year. While the operating profit rose by 71 per cent to Rs 548.76 crore during ...
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