CORPORATE RESULTS
PHARMACEUTICALS
Ranbaxy net up 10 pc on European exports — Concern over US sales dip in Q1
THE US markets may be a dampener to Ranbaxy Laboratories Ltd's first quarter performance, but the buoyant performance of the European markets has enabled the drugs major to register a 10 per cent growth in net profits during the three months ...
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Nicholas Piramal aims for multi-fold export growth — Q4 net profit higher at Rs 77.53 crore
THE country's fourth-largest pharma company, Nicholas Piramal India Ltd (NPIL), on Thursday said it looks to increase its exports multi-fold over the next five years essentially on the back of custom manufacturing contracts with global innovator ...
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Wockhardt to project `single entity worldwide' — Q1 net profit up at Rs 44 cr
PHARMACEUTICAL major Wockhardt Ltd has moved into a "global orbit" this year and is looking to project itself "as one single entity worldwide," according to Mr Habil Khorakiwala, Chairman of the company. Consolidated sales crossed the Rs ...
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Sun Pharma Q4 net up 20%; plans 1:1 bonus
THE country's fifth-largest drug maker, Sun Pharmaceutical Industries Ltd, has posted a 20.3 per cent growth in its profit after tax for the fourth quarter ended March 31, 2004. It also clocked a 21.2 per cent growth in net profit for the ...
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Glenmark Q4 net rises 39 pc
GLENMARK Pharmaceuticals clocked a 39.5 per cent growth in net profit - from Rs 9.3 crore to Rs 12.98 crore - for the fourth quarter ended March 31, 2004. Sales in this period stood at Rs 114.33 crore, a growth of 4.6 per cent over sales in ...
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PERSONAL PRODUCTS
23 pc increase in P&G net in Q3
STRONG focus on core businesses and improved operational efficiencies have helped Procter & Gamble Hygiene and Health Care Ltd report a 23 per cent increase in profit after tax at Rs 18.12 crore for the third quarter ended March 2004. Sales ...
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ELECTRICAL GOODS
Exide posts 39 pc rise in net
EXIDE Industries Ltd (EIL) has reported a 39.23 per cent increase in net profit for the 2003-04 fiscal at Rs 72.86 crore against Rs 52.33 crore in the previous year. Charged by a sharp growth in demand for batteries, the company has clocked a ...
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SOFTWARE
Satyam Q4 net up 21.6 pc
SATYAM Computer Services Ltd has recorded a total income of Rs 725.70 crore with a net profit of Rs 140.84 crore for the fourth quarter ended March 31, 2004, with a 33.85 per cent growth in software services and 21.64 per cent in net profit ...
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VisualSoft Q4 income up 23%
VISUALSOFT Technologies Ltd has recorded total income of Rs 42.03 crore with a net profit of Rs 8.52 crore for the fourth quarter ended March 31, reflecting a 22.58 per cent growth in total income and marginal 1.17 per cent in net profit over the ...
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Arexera lifts Aftek Q3 net
AFTEK Infosys Ltd has recorded a 20.27 per cent increase in net profit at Rs 13.07 crore for the third quarter ended March 31, 2004, as against Rs 10.87 during the corresponding period in the previous year. Aftek's investment in Munich-based ...
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iGATE Global hopeful of turnaround this fiscal
IGATE Global Solutions Ltd has reported a net loss of Rs 7.86 crore for the fourth quarter ended March 31, as against a net profit of Rs 10.26 crore in the corresponding period last year, after it took a hit of one time charges relating to ...
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PUBLIC SECTOR BANKS
Vijaya Bank posts 110 pc rise in net; to pay Rs 2.5
VIJAYA Bank's net profit for 2003-04 has more than doubled to Rs 411.31 crore from Rs 196.56 crore a year back, fuelled by strong growth in credit and deposits and tight operational costs despite falling treasury income. The bank reported total ...
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BEARINGS, CASTINGS & FORGINGS
Other income boosts SKF Bearings Q1 net
HIGHER other income coupled with reduction in interest payments have helped SKF Bearings report a 168 per cent jump in net profit for the first-quarter ended March 31, 2004 at Rs 13.38 crore (Rs 4.99 crore). The first quarter net sales jumped ...
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