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Tuesday, May 18, 2004

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CORPORATE RESULTS

FERTILISERS
Godavari Fert turns around; posts Rs 7.15 cr net
GODAVARI Fertilisers and Chemicals Ltd (GFCL), a part of the Rs 5,200-crore Murugappa group, has achieved a turnaround during 2003-04 and posted a net profit of Rs 7.15 crore as against a net loss of Rs 13.62 crore in the previous year. As per ... More

PHARMACEUTICALS
Hikal net up at Rs 9.37 cr
HIKAL Ltd has posted a net profit of Rs 9.37 crore for the quarter ended March 2004 against Rs 8.14 crore in the year-ago period. The company has declared a final dividend of 50 per cent including an interim dividend of 20 per cent on increased ... More

Divi's Labs Q4 net up at Rs 22 cr
DIVI'S Laboratories has earned a net profit of Rs 73 crore on a total income of Rs 317 crore for the year ended March 31. While the income has grown by 22 per cent (Rs 259.72 crore), profit before tax grew to Rs 102 crore. The tax provision ... More

AUTOMOBILE COMPONENTS
Sundaram Brake Linings PAT up by 21 per cent
SUNDARAM Brake Linings today posted a profit after tax of Rs 8.91 crore for the financial year 2003-04, up 21.55 per cent from Rs 7.33 crore posted in the previous year. The company's sales for the year was Rs 119.75 crore, higher by 18.83 per ... More

HOUSING FINANCE
Dewan Housing PAT up 30 pc
DEWAN Housing Finance Corporation Limited (DHFL), the second largest housing finance company in the private sector, has reported an increase of Rs 7.16 crore in its profit before tax (PBT), at Rs 30.97 crore in fiscal 2003-04 from Rs 23.8 crore ... More

ABRASIVES
Carborundum Universal net down 13.24 pc
CARBORUNDUM Universal today announced a profit after tax of Rs 31.71 crore for the financial year 2003-04, a fall of 13.24 per cent compared to the previous year's profit of Rs 36.55 crore. A company press release said an extraordinary expense ... More

PUBLIC SECTOR BANKS
BoB net down in Q4 on higher provisioning
HIGHER provisioning to strengthen its balance sheet has led Bank of Baroda to report a lower net profit for the fourth quarter ended March 31, at Rs 156 crore, as against a net profit of Rs 198.34 crore in the corresponding period the previous ... More




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