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Wednesday, April 28, 2004

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CORPORATE RESULTS

FINANCIAL SERVICES
PNB Gilts net up 16 pc, to pay 25 pc
NEW DELHI: PNB Gilts Ltd has recorded a net profit of Rs 106.96 crore for the financial year ended March 31, 2004, registering a 15.62 per cent rise over the net of Rs 92.51 crore in the previous year. The pre-tax profit rose by 12 per ... More

TELECOMMUNICATIONS
Finolex net rises 20 pc
PUNE: Perkiness in economy and increased demand for electrical cables seem to have augured well for the Pune-based Finolex Cables Ltd. The company has recorded a total income of Rs 568.9 crore for the year ended March 2004 as against Rs ... More

CHEMICALS
Mangalore Chem Q4 net up 38 pc
THE fourth quarter net profit of Mangalore Chemicals and Fertilisers Ltd has gone up by 38 per cent at Rs 9.08 crore on a turnover of Rs 151.47 crore, up 8.60 per cent over the previous year. A press release by the Company Secretary, Mr S. ... More

ENGINEERING
BHEL net up 42% at Rs 635.5 cr
BHARAT Heavy Electricals Limited (BHEL) has registered a 42.9 per cent jump in its net profit during fiscal 2003-04 as compared to the previous year. The company's net profit for the year ended March 2004 jumped to Rs 635.50 crore from the profit ... More

ABB Q1 net doubles to Rs 16.91 cr
ENGINEERING major ABB Ltd's net profit for the first quarter or January-March of its current fiscal almost doubled to Rs 16.91 crore from Rs 8.74 crore a year ago. Net sales from operations for the first quarter of the current financial year ... More

FERTILISERS
Indo Gulf net dips 47.75 pc
INDO Gulf Fertilisers Ltd reported a fall in net profit to the extent of 47.75 per cent at Rs 90.27 crore for the year ended March 2004 compared to Rs 172.80 crore in the earlier year. The company said it had higher subsidy arrears of Rs 132.96 ... More

TEXTILES
Visaka turnover up 18 pc, to pay Rs 2.50
THE board of directors of Visaka Industries Ltd has recommended a dividend of Rs 2.50 per equity share of Rs 10 each for the year 2003-04. The company has posted a turnover of Rs 160.30 crore and a net profit of Rs 10.14 crore for the year. Its ... More

CIGARETTES
Godfrey Phillips net up 37.3 pc
NEW DELHI: Godfrey Phillips India Limited (GPIL), the country's second largest cigarette manufacturer, has reported a net profit of Rs 52.04 crore for the year ended March 31, 2004. This represents a 37.3 per cent increase from the net ... More

SOFTWARE
Geometric to pay 1:1 bonus
GEOMETRIC Software Solutions has announced the issue of 1:1 bonus shares and declared a dividend of Rs 5.50 per share up, from Rs 4 per share last year, subject to approval of the shareholders. The company's consolidated revenues for the year ... More

CMC revenues up 24 pc
CMC Ltd's revenues have increased by 24 per cent to Rs 763.67 crore in 2003-2004 compared to Rs 614.73 crore in the previous year and the profit after tax stands at Rs 47.99 crore, up by 30 per cent over last year. The consolidated revenues of ... More

CREDIT RATING
Crisil Q4 net up at Rs 6.6 cr
CRISIL Ltd has reported a net profit of Rs 6.6 crore for the quarter ended March 2004 as against Rs 5.13 crore in the year ago period. Income from operations rose to Rs 19.66 crore (Rs 18.21 crore). Other income was Rs 2.76 crore (Rs 2.62 ... More

PRIVATE BANKS
Bharat Overseas PAT up 23 pc; dividend at 18 pc
BHARAT Overseas Bank on Tuesday announced a profit after tax of Rs 35.08 crore for the financial year 2003-04, an increase of 23 per cent over the previous year. The bank announced a dividend of 18 per cent (shares with face value Rs 100) for the ... More

CSB net profit up 25 pc
The net profit of the Thrissur-based Catholic Syrian Bank has grown by 25 per cent to touch Rs 56.50 crore (Rs 45.16 crore) for the year 2003-04. Addressing a press conference, Mr N.R. Achan, Chairman, said the bank had turned the corner and ... More

SUPPLY CHAIN MANAGEMENT
Blue Dart PAT up at Rs 7.27 cr
MUMBAI: Blue Dart Express Ltd has posted a profit after tax of Rs 7.27 crore for the fourth quarter ended March 31, 2004, compared to Rs 6.45 crore in the previous corresponding quarter. For the full year ended March 31, 2004, the ... More




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