The Hindu Business Line : Friday, January 30, 2004

DIVERSIFIED
Reliance Q3 net profit rises 27 pc on better margins
BETTER margins in petrochemicals and refining helped Reliance Industries report a 27 per cent rise in net profit for the third quarter ended December 31, 2003. Net profit rose to Rs 1,374 crore against Rs 1,083 crore previously or earnings of ... More

Nava Bharat turnover down, net up
NAVA Bharat Ferro Alloys Ltd (NBFAL) has recorded a significant growth in net profit for the third quarter ended December 2003. According to the unaudited financial results taken on record by the NBFAL board on Thursday, the company has ... More

CEMENT
Madras Cements PAT up 7-fold in third quarter
MADRAS Cements Ltd has recorded an over seven times jump in profit after tax for the third quarter of this financial year, aided by a 10 per cent increase in sales and a 40 per cent reduction in interest cost. It posted a net profit of Rs 4.12 ... More

PESTICIDES
Rallis India Q3 PAT at Rs 36 cr
RALLIS India Ltd on Thursday reported a profit after tax of Rs 36.16 crore for the quarter ended December 31, 2003 as against the previous corresponding Rs 6.86 crore-loss. The company's total revenue was lower at Rs 143.53 crore (Rs 212.92 crore ... More

PETROLEUM
Gulf Oil posts 60 pc increase in net
GULF Oil Corporation Ltd, a part of the Hinduja group, has announced that it has registered a growth of 60.96 per cent in net profit for the third quarter of the current fiscal ended December 31, 2003 at Rs 4.34 crore compared to Rs 2.7 crore in ... More

PHARMACEUTICALS
JB Chem net sales at Rs 82 cr in Q3
JB CHEMICALS & Pharmaceuticals Ltd clocked net sales of Rs 81.82 crore for the third quarter ended December 31, a 4.22 per cent growth over last year's Rs 78.51 crore for the corresponding period. Profit after tax (PAT) stood at Rs 12.15 ... More

STEEL
SAIL clocks record profit of Rs 1,498 cr in Apr-Dec
RISING steel prices, in tune with the international market, and internal economies have enabled Steel Authority of India Ltd (SAIL) log a record net profit of Rs 1,498 crore on a turnover of Rs 16,934 crore in the first nine months of the current ... More

SUGAR
Bajaj Hind posts Rs 104-cr turnover in first quarter
BAJAJ Hindustan Ltd (BHL) reported an 83.5 per cent increase in net profit at Rs 4.11 crore for the first quarter of 2003-2004 as compared to Rs 2.24 crore in the year-ago period. The company achieved a turnover of Rs 104.25 crore compared to ... More

TEXTILES
Century Enka Q3 net dips to Rs 15 cr
CENTURY Enka's net profit dipped to Rs 15.47 crore in the quarter ended December 31, 2003, over Rs 17.40 crore recorded in the same period last year. Its gross income from operations for the period rose to Rs 254.21 crore (Rs 249.92 crore). ... More

RADIO/TV
Pritish Nandy nets Rs 1.73-cr profit
PRITISH Nandy Communications Ltd has reported a profit of Rs 1.73 crore during the December quarter as compared with Rs 1.03 crore in the year-ago period.

AUTOMOBILE COMPONENTS
Pricol turnover up, announces 1:2 bonus
RIDING on the boom witnessed by the automobile industry, the city-based automotive components major Premier Instruments & Controls Ltd (Pricol) has reported a substantial increase in turnover and net profit in the third quarter of the current ... More

HARDWARE
HCL net up 13 pc in Q2; dividend at 100 pc
SOFTWARE developer, HCL Technologies, on Thursday said its net profit for the second quarter rose 13 per cent year-on-year to Rs 91 crore on higher revenues and more clients. Gross revenues of the company in the second quarter ended December ... More

MRO-TEK net up 73 pc in Q3
MRO-TEK has reported a 73-per cent increase in its net profit for the three-month-ended December 2003, while its revenue grew marginally over the corresponding previous quarter. The net profit for the quarter under review stood at Rs 2.77 ... More

PAPER, BOARD & NEWSPRINT
BILT net up 41 pc in Q2
PAPER manufacturer Ballarpur Industries Ltd (BILT) on Thursday reported a net profit of Rs 32.9 crore on a turnover of Rs 555 crore for the October-December 2003 quarter. The company had reported a net profit of Rs 23.3 crore and a turnover of Rs ... More

NBFCS
Magma Leasing clocks 330 pc rise in Q3 net
MAGMA Leasing Ltd (MLL) clocked a hefty 330 per cent growth in its net profit for the quarter ended December 2003 at Rs 7.65 crore (Rs 1.78 crore for the same quarter of last fiscal). It is well poised to exceed its projected annual business plan ... More

HOUSING FINANCE
Dewan Housing income, net profit increase
DEWAN Housing Finance Ltd (DHFL) has announced a 23 per cent increase in net profit at Rs 6.3 crore for the third quarter ended December 2003, up from Rs 5.12 crore during the corresponding previous period. Income from operations rose 10.8 per ... More

PAINTS
Goodlass Nerolac Q3 net up 50 pc
GOODLASS Nerolac Paints Ltd has reported a 50.57 per cent increase in net profit at Rs 16.94 crore during the October-December 2003 quarter as compared to Rs 11.25 crore in the year-ago period. The company's continuing efforts at inventory ... More

WATCHES & ACCESSORIES
Titan Q3 net down 34 pc
TITAN Industries Ltd's net profit for the quarter-ended December 31, 2003 fell by 34.6 per cent, while its revenues grew by 32 per cent over the corresponding period last year. The company reported a net profit of Rs 2.98 crore on sales ... More

PACKAGING
Essel Propack global operation net up to Rs 69 cr
ESSEL Propack Ltd, in its consolidated global operation, has ended the year 2003 with a net profit of Rs 69.2 crore compared with Rs 63 crore in the earlier year. Net sales for the year rose to Rs 570.1 crore from Rs 470 crore. The board of ... More

PRIVATE BANKS
ICICI Bank Q3 net jumps 33 pc
BUOYED by increase in margins and other income, ICICI Bank has registered a 33.2 per cent jump in net profit to Rs 440.10 crore for the third quarter ended December 31, 2003, up from Rs 330.30 crore in the corresponding period of the previous ... More

ING Vysya Bank posts lower net
ING Vysya Bank Ltd has reported a net profit of Rs 23.80 crore for the third quarter of this financial year, down from Rs 25.37 crore reported during the second quarter. The bank reported lower gross income during the period, at Rs 303.82 ... More

PUBLIC SECTOR BANKS
BoI net up 16%; to pay 20 pc interim
BANK of India has recorded a 16.07 per cent growth in net profit at Rs 228.54 crore for the quarter ended December 31 last as against a net profit of Rs 196.89 during the corresponding quarter of the previous year. The bank's board has declared ... More

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