CORPORATE RESULTS
PETROLEUM
BPCL Q4 net down, to pay 175 pc final
BHARAT Petroleum Corporation Ltd has reported an eight per cent drop in net profit for the fourth quarter ended March 31, 2004 at Rs 413.9 crore against Rs 447.4 crore recorded in the same period last year. However, for the year ended March 31, ...
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Chennai Petroleum annual profit up 32 pc
CHENNAI Petroleum Corporation Ltd has shown an 8.2 per cent increase in income from operations and a 32 per cent increase in net profit for the year ended March 31, 2004 over the previous year. For the fourth quarter of 2003-04, the company ...
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SHIPPING
Essar Shipping net up 13 pc on buoyant tanker rates
BUOYANT tanker business helped Essar Shipping post a net profit of Rs 41.33 crore for the quarter ended March 31, 2004, up 13.5 per cent from Rs 36.51 crore for the fourth quarter of the previous year. Essar Shipping said tanker freight rates ...
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STEEL
Essar Steel earnings up
The company's earnings before interest, tax and depreciation increased from Rs 502.74 crore in 2002-03 to Rs 859.21 crore in 2003-04, according to a company release. Total income for the year stood at Rs 4,024 crore as against Rs 3,013 crore in ...
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TYRES
Apollo Tyres net down 41.33 pc
APOLLO Tyres Ltd (ATL) has reported a 41.33 per cent decline in net profit for the year ended March 31, at Rs 70.42 crore as against a net profit of Rs 120.02 crore (including an exceptional income of Rs 16.62 crore) in the same period during ...
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HCV/LCV/TRACTORS
Tata Motors records 170 pc rise in net
TATA Motors Ltd has reported a 170 per cent jump in its profit after tax to Rs 810.34 crore for the year ended March 31, 2004, as against Rs 300.11 crore in the previous year. Net sales/income from operations touched Rs 15,493.52 crore (Rs ...
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TWO/THREE WHEELERS
Bajaj Auto annual profit up at Rs 732 cr
BAJAJ Auto Ltd (BAL) today reported a profit after tax of Rs 731.5 crore for financial year 2003-04 as against the previous corresponding Rs 538.4 crore. Its turnover, net of excise, touched Rs 5,270.3 crore (Rs 4,485.7 crore for the year ago ...
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HOUSING FINANCE
Can Fin Homes to pay 25 pc
CAN Fin Homes Ltd will pay a dividend of 25 per cent for the financial year 2003-04. The decision taken by the Board of Directors of the bank follows the approval of accounts for 2003-2004. The company's profit after tax for the year, however, ...
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PUBLIC SECTOR BANKS
Central Bank net doubles
CENTRAL Bank of India has recorded a 102 per cent jump in net profit for the financial year ended March 31,2004, at Rs 618.11 crore as against a net profit of Rs 305.52 crore in the corresponding period, the previous year. Operating profit grew ...
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