CORPORATE RESULTS
OUTSOURCING
Datamatics net down 7 per cent
DATAMATICS Technologies Ltd posted a 6.8-per cent drop in net profit on a consolidated basis at Rs 5.75 crore for the first quarter-ended June 30, 2004 as compared to Rs 6.17 crore recorded during the corresponding period last year. According ...
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CEMENT
Ramco Ind net up 15 pc
CHENNAI: Ramco Industries recorded a profit after tax of Rs 8.15 crore (Rs 7.07 crore) for the first quarter of 2004-05, higher by 15.27 per cent in relation to the corresponding period of the previous year. Ramco's net sale during the ...
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FERTILISERS
MCF total income higher 102 pc
MANGALORE: Mangalore Chemicals and Fertilizers (MCF) Ltd has recorded an increase of 102 per cent in the first quarter total income to Rs 151.35 crore. The before tax operating results showed a net profit of Rs 1.17 crore compared to a ...
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FOOD & DAIRY PRODUCTS
Nestle net drops 36 pc
NESTLE India has declared net sales of Rs 544.39 crore and 36 per cent lower net profit of Rs 42.78 crore for the quarter ended June 30. The company's board of directors had declared an interim dividend of Rs 10 per share for the year 2004 ...
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INFRASTRUCTURE
IVRCL net jumps 65 pc
HYDERABAD: IVRCL Infrastructures & Projects Ltd has posted a turnover of Rs 234.40 crore and a net profit of Rs 10.72 crore during the quarter ended June 30, 2004. The turnover has increased by 53.43 per cent and net profit by 65.73 per ...
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PETROLEUM
HPCL net surges 57 pc in first quarter
HIGHER sales and improved refining margins, because of high global crude oil prices, have led to a 57 per cent increase in HPCL's net profit at Rs 247.30 crore (Rs 157.34 crore) in the first quarter ended June 30, 2004. Shareholders will earn ...
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PHARMACEUTICALS
Divi's Labs net profit slips to Rs 14.33 cr
DIVI'S Laboratories Ltd has reported a marginal fall both in sales turnover and net profit for the first quarter of the current fiscal ended June 30. As per the unaudited financial results, the company achieved a total turnover of Rs 66.11 ...
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Lupin net profit down
LUPIN Ltd's net profit has fallen to Rs 20.64 crore for the quarter ended June 30, 2004, from Rs 28.06 crore clocked in the previous year. Total income (net of excise) has increased from Rs 268.06 crore in the same quarter last year to Rs ...
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GSK Pharma Q1 net down
DRUG major GlaxoSmithkline Pharmaceuticals Ltd has clocked a net profit of Rs 59.14 crore for the first quarter ended June 30, 2004, down from Rs 64.76 crore clocked in the corresponding quarter in the previous year. Total income (net of ...
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JB Chem net up 11 pc
Drug company J.B. Chemicals & Pharmaceuticals Ltd.(JBCPL) has posted an 11 per cent growth in net profit, at Rs. 10.27 crore for the first quarter ended June 30, 2004. The company has achieved net sales of Rs 70.98 crore in the first quarter, ..
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9 pc rise in Dabur Pharma net
DABUR Pharma Ltd registered a 9 per cent increase in net profit to touch Rs 4.9 crore for the first quarter ended June 30, 2004, while turnover increased by 11 per cent to Rs 58.8 crore, up from the previous year's Rs 52.9 crore. During the ...
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STEEL
SAIL posts record 336 per cent rise in first quarter net profit
STEEL Authority of India Ltd (SAIL) has reported a 336 per cent increase in profit for the first quarter of the current financial year, which is the highest-ever profit registered by the company in any quarter since inception. Net profit during ...
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TYRES
MRF third quarter PAT at Rs 17 crore
CHENNAI: MRF recorded a profit after tax of Rs 17.09 crore (Rs 15.33 crore) in the third quarter (April-June) of 2003-04, higher by 11.48 per cent in relation to corresponding period of the previous year. The company's board has ...
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PERSONAL PRODUCTS
Price cuts, ad spend shave HLL profit by 46 pc in Q2
INDIA'S largest FMCG company, Hindustan Lever Ltd (HLL), ended the June 2004 quarter with a 46 per cent decline in its net profit at Rs 244.49 crore as compared to Rs 450.93 crore in the year-ago period. The company reported a 4.7 per cent ...
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Gillette India net rises 44%
NEW DELHI: Gillette India has announced about 44 per cent higher net profit for the first six months ended June 30 at Rs 38.79 crore on 14 per cent growth in sales at Rs 221.57 crore. "Our sustained strong and profitable growth is a ...
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RADIO/TV
Zee Tele net rises
ZEE Telefilms Ltd has reported a higher profit-after-tax of Rs 73.25 crore for the June quarter for its consolidated operations compared to Rs 62.30 crore in the year-ago period. Total revenue stood at Rs 320.04 crore (Rs 289.30 crore). ...
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AUTOMOBILE COMPONENTS
MICO reports 60 pc higher profit at Rs 104.3 cr
MICO, the automotive components major, has posted a net profit of Rs 104.3 crore for the second quarter ended June 30. This increase of more than 60 per cent over the corresponding period's figure of Rs 61.7 crore has been achieved on a total ...
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Sundaram Brake Linings net up 32 pc in Q1
SUNDARAM Brake Linings Ltd has posted a 32 per cent increase in net profit and a 15 per cent increase in sales in the first quarter of this year compared to the same period last year. Its net profit was Rs 2.58 crore on sales of Rs 32.22 crore ...
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Impal net up
CHENNAI: India Motor Parts & Accessories Ltd (Impal) has reported a net profit of Rs 2.53 crore on sales of Rs 55.66 crore in the first quarter of current financial year against a net profit of Rs 2.14 crore on sales of Rs 46.61 crore for ...
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HCV/LCV/TRACTORS
Ashok Leyland Q1 net zooms 116 pc
ASHOK Leyland's net profit jumped 116 per cent and sales increased by 39 per cent in the first quarter of 2004-05 over the same period last year. It reported a net profit of Rs 31.93 crore on net sales of Rs 821.19 crore against a net profit of ...
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FOODS & FOOD PROCESSING
Agro Tech back in black
HYDERABAD: Agro Tech Foods Ltd , a subsidiary of global food major ConAgra, has reported net sales of Rs 247.9 crore and a net profit of Rs 10 lakh during the first quarter of the current fiscal. In the corresponding quarter of the ...
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SOFTWARE
Subex Q1 net up 26 pc
BANGALORE: Telecom software firm Subex Systems has reported a growth of 26.79 per cent in net profit and 18 per cent in its revenues for the quarter ended June 30, 2004, compared to the corresponding period last year. The company ...
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DAIRY & DAIRY PRODUCTS
Hertiage Foods Q1 net falls
HERITAGE Foods (India) Ltd has posted a sales turnover of Rs 60.38 crore, other income of Rs 28.75 lakh and a net profit of Rs 1.9 crore during the first quarter of the current fiscal. Turnover has increased but net profit has declined steeply ...
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NBFCS
Cholamandalam net at Rs 9.42 cr
CHENNAI: Cholamandalam Investment and Finance Company Ltd of the Murugappa Group reported a net profit of Rs 9.42 crore on income from operations of Rs 56.73 crore for the quarter ended June 30, 2004. During the corresponding period in ...
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CYCLES & ACCESSORIES
Tube Investments Q1 sales up, net down
TUBE Investments of India Ltd, a Murugappa group company, has reported a net profit of Rs 14.94 crore on net sales of Rs 302.03 crore for the quarter ended June 30, against net profit of Rs 24.89 crore on sales of Rs 250.78 crore for the same ...
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PAINTS
Berger International revenue rises
MUMBAI: Berger International Ltd, a subsidiary of Asian Paints, has reported revenues of Singapore $56.53 million for six months ended June 30, 2004 as compared to S$47.72 million in the same period last year. This increase is due to ...
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PACKAGING
Paper Products sales at Rs 200 cr
MUMBAI: Paper Products Ltd (PPL), the flexible packaging company, achieved sales of Rs 200 crore during the first half-year ended June 30 - representing a growth of 8.2 per cent over sales of Rs 185 crore in the corresponding first half ...
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PRIVATE BANKS
Karnataka Bank Q1 net up 12 pc; to pay Rs 4
KARNATAKA Bank Ltd has posted a net profit of Rs 38.73 crore for the first quarter of the current fiscal compared to Rs 34.74 crore during the corresponding previous period, registering a growth of 11.5 per cent. A bank release said on Thursday ...
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PUBLIC SECTOR BANKS
Andhra Bank Q1 net up 27 pc
A SIGNIFICANT jump in net interest income coupled with lower provisioning has enabled Andhra Bank to post a 26.5 per cent growth in net profit at Rs 150.16 crore in the first quarter of the financial year 2004-05, as against a net profit of Rs ...
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Fall in trading profit pulls down BoI net
A DECLINE in trading profits has led Bank of India to post a lower net profit at Rs 162.69 crore for the first quarter ended June 30, 2004, as against a net profit of Rs 203.2 crore in the corresponding quarter, the previous year. "Operating ...
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Dena Bank net rises 26 pc
DENA Bank has posted a 25.75 per cent jump in net profit for the first quarter ended June 30,2004, at Rs 36.72 crore against Rs 29.20 crore in the corresponding quarter, the previous year. Total interest income increased to Rs 436.5 crore (Rs ...
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FINANCIAL INSTITUTIONS
IDBI first quarter net dips to Rs 23 cr
THE Industrial Development Bank of India (IDBI) has suffered a fall in net profit on a decreased turnover for the first quarter of the current fiscal ended June 30. As per the audited financial results approved by the IDBI board here on ...
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SUPPLY CHAIN MANAGEMENT
Essel Propack Q1 net up at Rs 9.7 cr
ESSEL Propack Ltd (EPL) on Thursday reported a net profit of Rs 9.7 crore on its Indian operations for the quarter ended June 30, 2004, as against the previous corresponding Rs 9.2 crore. Net sales/income from operations was lower at Rs 50.2 ...
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