CORPORATE RESULTS
DIVERSIFIED
E.I.D. Parry net at Rs 24.5 crore
E.I.D. Parry (India) Ltd has reported a net profit of Rs 24.55 crore on net sales of Rs 153.20 crore for the first quarter ended June 30, 2004. During the corresponding period in the previous year, the company reported a net profit of Rs 18.50 ...
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ITC posts 16 pc rise in Q1 profit at Rs 462 cr
FOR the first quarter ended June 30, 2004, ITC Ltd has recorded a 16.3 per cent growth in its post tax profit at Rs 461.99 crore against the Rs 397.22 crore achieved during the quarter of last financial year. Net turnover at Rs 1,775 crore (Rs ...
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TELECOMMUNICATIONS
VSNL net zooms 93 pc
VSNL has reported a 92.7 per cent jump in net profit at Rs 126.8 crore for the first quarter ended June 30 against Rs 65.8 crore recorded during the corresponding previous period. Consequent to a settlement reached during the quarter, an amount ...
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CHEMICALS
Kanoria Chemicals net up 31 pc
KANORIA Chemicals and Industries Ltd has reported a 30.9 per cent increase in its net profit during the first quarter of the current financial year to Rs 3.05 crore compared to Rs 2.33 crore in the corresponding quarter of the last fiscal. ...
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ELECTRONICS
Marginal rise in BEL net
BHARAT Electronics Ltd has reported a net profit of Rs 58.14 crore for quarter ended June 30 this year. This was a marginal increase of 8.7 per cent over its net of Rs 53.50 crore for the same quarter last year. Total income of Rs 639.31 crore ...
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ENGINEERING
Shanthi Gears Q1 net higher 142 pc
SHANTHI Gears Ltd has recorded 142 per cent growth in its net profit during the first quarter of the current fiscal compared with the corresponding quarter of the previous year. Its bottom line increased to Rs 3.95 crore (Rs 1.63 crore), while ...
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BHEL Q1 sales up 13.1 pc
NEW DELHI: BHEL has recorded a net profit of Rs 23.5 crore on sales of Rs 1,275.6 crore during the first quarter ended June 30. During the corresponding period in the previous year, the company recorded a net loss of Rs 11.05 crore on ...
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PETROLEUM
BPCL net dips 53 pc in Q1
BHARAT Petroleum Corporation Ltd has recorded a 53.86 per cent dip in first quarter net profit to Rs 147.30 crore against Rs 319.30 crore same time last year. "Our income was higher last year because of subsidy payments we received from the ...
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IOC net rises 56 pc in Q1
INDIAN Oil Corporation Ltd (IOC) has recorded a net profit of Rs 1,472.17 crore during the first quarter of the current fiscal ended June 30, 2004. This translates into a 56 per cent rise in profit over the Rs 944.67 crore recorded in the ...
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GAIL net down 7%
GAIL (India) Ltd has recorded a net profit of Rs 338.9 crore for the first quarter of the current fiscal ended June 30, down 7.15 per cent over the 365.93 crore recorded during the corresponding period last year. The drop in profitability is ...
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PHARMACEUTICALS
Ranbaxy net down 6 pc
DECLINING sales of antibiotic Cefuroxime Axetil in the US has taken a toll on Ranbaxy Laboratories Ltd. It has resulted in its net profit falling by six per cent during the second quarter of the current financial year to touch Rs 184.95 crore ...
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Ajanta Pharma net doubles
MUMBAI: Ajanta Pharma Ltd has posted a growth of 20 per cent in sales for the quarter ended June 30, 2004. The company has clocked sales of Rs 28.53 crore, as against Rs 23.82 crore in the corresponding quarter in the previous year. ...
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SHIPPING
Great Eastern Shipping Q1 net up by 6 pc
GREAT Eastern Shipping has reported a 6 per cent increase in net profit for the first quarter of the current fiscal to touch Rs 102.43 crore, against Rs 96.23 crore in the corresponding period last fiscal. During the quarter, provision for ...
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Essar Shipping Q1 net inches up
ESSAR Shipping reported a net profit of Rs 30.7 crore in the first quarter of the current fiscal, a marginal increase from Rs 30.28 crore during the corresponding period of last fiscal. This, according to the company, was mainly on account of ...
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TEXTILES
Super Spinning Q1 net dips
COIMBATORE: A Sharp increase in `other expenditure' and higher provisioning for interest and depreciation have led to Super Spinning Mills posting a lower net in spite of increase in net sales in the first quarter of the current fiscal ...
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Rajasthan Spg net dips 11.21 pc
NEW DELHI: Synthetic yarn maker Rajasthan Spinning and Weaving Mills on Thursday reported a 11.21 per cent dip in its net profit to Rs 2.06 crore during April-June quarter this year, from Rs 2.32 crore in the same period in 2003-04. Net ...
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RADIO/TV
TV Today Network registers steady growth
NEW DELHI: TV Today Network Ltd, which owns Aaj Tak and Headlines Today, has registered a total income of Rs 36.59 crore during the first quarter ended June 30, 2004 as against Rs 28.48 crore recorded during the corresponding period of the ...
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AUTOMOBILE COMPONENTS
Sundram Fasteners Q1 net down at Rs 11.6 cr
SUNDRAM Fasteners Ltd has recorded a net profit of Rs 11.57 crore on total sales of Rs 208.16 crore for the first quarter ended June 30, 2004. In the same quarter of last year, its net profit was Rs 12.61 crore on sales of Rs 121.04 crore. The ...
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AIR-CONDITIONERS & REFRIGERATORS
Voltas posts 41 pc rise in net profit
MUMBAI: Voltas Ltd, the air conditioning and engineering services company of the Tata Group, has posted a 41 per cent increase in its June quarter net profit at Rs 14.42 crore from Rs 10.19 crore in the year-ago period. However, its ...
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SOFTWARE
i-flex Solutions Q1 net up 9.2 pc
i-flex Solutions Ltd recorded a 9.2 per cent growth in net profit at Rs 41.5 crore for the first quarter-ended June 30, 2004 as compared to Rs 38 crore registered during the previous year's corresponding quarter. Revenues rose by 22.64 per cent ...
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Tata Elxsi net up 132 pc
TATA Elxsi, the technical computing arm of the Tata Group, announced a 132 per cent jump in net profits to Rs 4.39 crore for the quarter ending June 30, 2004, compared to Rs 1.89 crore in the corresponding period last year. Revenues for the ...
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ALUMINIUM
Indal net rises 60 pc; exports up 36 pc
INDIAN Aluminium Company Ltd (Indal) claims to have achieved the best ever performance in terms of sales and profits during the first quarter of the current fiscal following fundamental improvement across all operating parameters. Net ...
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DYES & PIGMENTS
Clariant (India) Q1 net down
MUMBAI: Clariant (India) Ltd, a manufacturer and supplier of dyes and speciality chemical products for textiles, leather and paper, has recorded a lower net profit of Rs 4.9 crore in the first quarter of the current financial year, against ...
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Colour-Chem net zooms
MUMBAI: Colour-Chem reported a net profit of Rs 8.41 crore for the quarter ended June 30, 2004, as against Rs 3.75 crore posted in the corresponding quarter of the previous year. The board has recommended a dividend payout of 60 per cent ...
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PUBLIC SECTOR BANKS
IOB net rises 26 pc in Q1
INDIAN Overseas Bank (IOB) has reported a 26 per cent growth in net profits for the first quarter at Rs 174.60 crore. Mr S.C. Gupta, Chairman and Managing Director, said that the performance had come in a period when pressure on profitability ...
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