CORPORATE RESULTS
CHEMICALS
Colour-Chem net up
MUMBAI: Colour-Chem Ltd has reported a substantial increase in net profit at Rs 23.88 crore for the quarter ended December 2003 compared to Rs 3 crore in the year-ago period. Net sales stood at Rs 102.03 crore (Rs 81.46 crore). For the ...
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ENGINEERING
HEG profit after tax rises 50 pc
HEG Ltd, part of the LNG Bhilwara group, has recorded a 50 per cent increase in profit after tax (PAT) amounting to Rs 15.6 crore for the quarter ended December 2003. The company has also registered a 13 per cent increase in net revenues from ...
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PETROLEUM
ONGC net dips 33 pc in third quarter
NEW DELHI: Oil and Natural Gas Corporation has recorded a net profit of Rs 1,718.53 crore on gross sales of Rs 7,353.79 crore for the third quarter ended December 31, 2003. For the corresponding period of the previous year, the company ...
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Reimbursement of subsidy helps IOC net treble in Q3
INDIAN Oil Corporation (IOC) has recorded a net profit of Rs 2,403.5 crore during the third quarter of the current fiscal ended December 31, up 209 per cent over the Rs 777 crore recorded during the corresponding period of the previous year. ...
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HPCL Q3 net zooms
MUMBAI: Rise in prices of transport fuels has led to a 135 per cent jump in HPCL's third quarter net profit. The company's net profit was up at Rs 775.71 crore (Rs 330.62 crore) while net sales rose marginally to Rs 14,259.45 crore (Rs ...
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BPCL net rises 100 pc in Q3
MUMBAI: Higher sales and fuel prices have led to a more than 100 per cent jump in the net profit of Bharat Petroleum Corporation Ltd for the third quarter ended December 31, 2003. The net profit stood at Rs 484.3 crore (Rs 233 crore), ...
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PHARMACEUTICALS
Novartis net at Rs 48.8 cr
NOVARTIS India Ltd has posted a net profit of Rs 48.81 crore for the third quarter ended December 31, 2003, compared with Rs 12.2 crore for the corresponding quarter in the previous year, the company told the BSE on Friday. Total income ...
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Vimta Labs net surges in Q3
HYDERABAD: Vimta Labs Ltd (VLL), the city-based contract research and clinical trials company, has recorded a growth of 105 per cent in turnover and a five-fold increase in net profit for the third quarter ended December 31, 2003. As ...
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SHIPPING
GE Shipping net up 130 pc
INCREASED revenue days in shipping, higher dry bulk earnings and better capacity utilisation have enabled Great Eastern Shipping Co. Ltd (GESCO) to report a net profit of Rs 110 crore during the third quarter of the current fiscal, representing a ...
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STEEL
Welspun Gujarat net soars
PIPELINE maker Welspun Gujarat Stahl Rohren has reported a substantial surge in net profit for the third quarter ended December 31, 2003, at Rs 19.46 crore compared to Rs 10 lakh last year. Earnings per share for the quarter stood at Rs 1.49 on ...
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TEXTILES
Century Tex Q3 net at Rs 8.62 cr
CENTURY Textile & Industries Ltd has posted a net profit of Rs 8.62 crore for the quarter ended December 31, 2003, compared to Rs 3.35 crore in the corresponding quarter in 2002. Total income decreased to Rs 574.99 crore in the quarter ended ...
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PERSONAL PRODUCTS
Godrej Consumer Q3 net at Rs 18 cr; to pay 50% interim
GODREJ Consumer Products Ltd (GPCL) has reported a 21 per cent increase in its profit after tax (PAT) at Rs 17.94 crore during the third quarter of current fiscal compared to Rs 14.78 crore in the year-ago period. "Judicious media buying and ...
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AUTOMOBILE COMPONENTS
Impal net up
CHENNAI: India Motor Parts & Accessories Ltd (Impal) has reported a net profit of Rs 2.23 crore on net sales of Rs 49.90 crore for the quarter ended December 31, 2003. During the corresponding period in the previous year, the company ...
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TWO/THREE WHEELERS
Bajaj Auto Q3 net rises 35 pc to Rs 181 cr
BAJAJ Auto Ltd (BAL) today reported a profit after tax of Rs 181.1 crore for the quarter ended December 31, 2003, as against Rs 134 crore achieved in the previous corresponding period. Its sales and income from operations was Rs 1,489.7 crore ...
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REAL ESTATE & CONSTRUCTION
IVRCL turnover up 148 pc
HYDERABAD: IVRCL Infrastructures and Projects Ltd has registered a growth of over 148 per cent in turnover at Rs 215.01 crore during the third quarter ended December 31, 2003, against Rs 86.69 crore in the corresponding quarter of ...
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DYES & PIGMENTS
Clariant Q3 net down
MUMBAI: Speciality chemical products and dye manufacturer Clariant (India) Ltd has seen a drop in revenues for its third quarter, from Rs 89.2 crore to Rs 83.2 crore. Profit after tax for this period, however, was maintained at Rs 4.9 ...
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PRIVATE BANKS
GTB net falls 82 pc in third quarter
THE net profit of Global Trust Bank (GTB) fell by around 82 per cent in the third quarter of current fiscal ended December 31, 2003. According to the unaudited financial results, GTB recorded a fall of around 29 per cent in total income at Rs ...
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