CORPORATE RESULTS
CHEMICALS
Hikal Q1 net up 23 pc at Rs 6.7 cr
HIKAL Ltd has ended the first quarter of 2004-05 with a 23 per cent increase in profit after tax at Rs 6.71 crore compared to Rs 5.44 crore in the year-ago period. Net sales stood at Rs 40.94 crore against Rs 32.26 crore earlier. Crop ...
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PETROLEUM
Gulf Oil net up 12.3 pc at Rs 6.34 crore
GULF Oil Corporation, a Hinduja Group Company, has reported a 12.3 per cent increase in its net profit for the quarter ended June at Rs 6.34 crore as against Rs 5.65 crore in the corresponding quarter last year. The total turnover for this ...
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PHARMACEUTICALS
Ind-Swift Q1 net rises 106 pc
IND-SWIFT Laboratories Ltd has registered a 106 per cent increase in net profit to touch Rs 2.85 crore for the first quarter ended June 30, on the back of higher exports. Sales grew by 15 per cent to touch Rs 44 crore compared to Rs 38.19 crore ...
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Elder Pharma Q1 net profit rises 77 %
THE Rs 275-crore Elder Pharmaceuticals Ltd has posted healthy results for the first quarter ended June 2004. Income from operations has increased to Rs 71.31 crore in Q1, up 17 per cent from Rs 60.95 crore in the corresponding quarter the ...
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POWER
Reliance Energy Q1 net up 22 pc; to pay Rs 1.10 interim
RELIANCE Energy Ltd (REL) has reported a 22 per cent jump in net profit for the first quarter ended June 30 at Rs 102.87 crore against Rs 84.60 crore in the same period last year. The company announced an interim dividend of Rs 1.10 per equity ...
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SHIPPING
Varun Shipping Q1 net up 135 pc
VARUN Shipping has reported a 135 per cent increase in net profit during the first quarter of the current fiscal to touch Rs 7.29 crore, against Rs 3 crore in the corresponding period last fiscal. Better utilisation of the company's fleet and ...
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TEXTILES
Indo Rama net up 87 per cent in first quarter
INDO Rama Synthetics Ltd on Wednesday announced a 87 per cent jump in net profit for the first quarter of this fiscal (April-June 2004-05) at Rs 6.71 crore, as against Rs 3.59 crore in the corresponding period last fiscal. The company reported ...
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Lakshmi Mills posts Rs 36-cr sales in Q1
LAKSHMI Mills Company Ltd has registered a 38 per cent rise in its sale income during the first quarter ended June 30. Its net sales during the period went up to Rs 36.28 crore as compared to Rs 26.23 crore the same period in 2003. The net ...
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TYRES
Asset sale helps Dunlop post Q1 net of Rs 23 cr
THE board of Dunlop India Ltd, which met on Wednesday, approved the unaudited financial results of the company for the April-June quarter of the current fiscal, which showed a net profit of about Rs 23 crore on a total income of about Rs 35 ...
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SOFTWARE
TCS net rises 71 pc to Rs 519 cr in Q1
TATA Consultancy Service, which is launching its IPO next week, has recorded a 71 per cent jump in its net profit at Rs 519 crore for the first quarter ended June 30, 2004 as compared with Rs 303 crore in the corresponding previous ...
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Geometric Soft Q1 net up at Rs 3.4 cr
GEOMETRIC Software Solutions Company Ltd has granted 5,000 options to eligible non-executive directors of the company under ESOP Directors-2000 Scheme. As many as 1,00, 224 options have been granted to eligible employees of the company and its ...
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DAIRY & DAIRY PRODUCTS
Britannia Q1 net at Rs 60 cr
BRITANNIA Industries Ltd posted a net profit of Rs 60 crore for the quarter ended June 30, 2004, compared to Rs 28.6 crore for the year-ago period. Total income (net of excise) increased to Rs 435.8 crore from Rs 345.5 crore previously. The ...
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PRIVATE BANKS
IDBI Bank records 64-pc jump in net
`Despite the rise in bond yields, the bank has delivered good results due to its focus on core earnings and a high quality portfolio.'
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ING Vysya Bank posts Rs 20-cr loss in Q1
ING Vysya Bank has reported a loss of Rs 20.04 crore in the first quarter of this fiscal, against the profit of Rs 33 crore in the first quarter of the last financial year. The bank has reported a loss despite making an operating profit of Rs ...
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