TELECOMMUNICATIONS
Sterlite Optical back in black; Q2 net at Rs 5 cr
STERLITE Optical Technologies has reported a net profit of Rs 5 crore for the quarter ended September 30, 2004, as against a loss of Rs 10 crore for the corresponding quarter of the previous year. This was on the back of a resurgent demand for ... More

Surana Tele Q2 net zooms
SURANA Telecom Ltd, the Hyderabad-based optical fibre, jelly filled cables and CDMA phones and accessories manufacturer, has recorded a substantial growth both in sales turnover and net profit for the second quarter of the current fiscal ended ... More

PETROCHEMICALS
IPCL net climbs to Rs 138 cr in Q2
INDIAN Petrochemicals Corporation Ltd (IPCL) saw its net profit for the quarter ended September 30 rise by 255 per cent to Rs 138 crore from Rs 54 crore in the corresponding previous quarter. Net sales of the Vadodara-based company stood at Rs ... More

PLASTICS
Finolex net doubles; sales rise 20 pc
FINOLEX Industries has recorded a net profit of Rs 28.39 crore for the quarter ended September 30. The turnover for the period also increased by 20.06 per cent to touch Rs 268.32 crore, as compared to Rs 223.48 crore for the corresponding period ... More

SHIPPING
Varun Shipping Q2 net up on LPG freight — To pay 10 pc interim
VARUN Shipping Co Ltd has reported a 315 per cent increase in net profit for the second quarter of the current fiscal to touch Rs 21.19 crore, as against Rs 5.10 crore in the corresponding quarter of last fiscal. Buoyed by strong market ... More

AUTOMOBILE COMPONENTS

SOFTWARE
Hexaware raises guidance; dip in consolidated net
HEXAWARE Technologies Ltd has posted a 11.06 per cent decline in its consolidated net profit at Rs 16.55 crore for the third quarter-ended September 2004 (January-December) compared to Rs 18.61 crore recorded in the same period last year. The ... More

Nucleus Software Q2 net up 61 pc
NUCLEUS Software Exports Ltd has reported 61 per cent rise in net profit for the second quarter ended September 30 to Rs 3.38 crore from Rs 2.10 crore in the year-ago period. Consolidated revenues rose by 18.78 per cent to Rs 24.1 crore ... More

Helios Q2 net rises to Rs 4.5 crore
CHENNAI-BASED Helios & Matheson has reported a net profit of Rs 4.75 crore on revenues of Rs 28.46 crore for the quarter ended September 30, 2004. This is compared to a net profit of Rs 2.34 crore on revenues of Rs 19.81 crore for the ... More

PUBLIC SECTOR BANKS
Syndicate Bank net dips Rs 50 cr Q-on-Q
SYNDICATE Bank has reported Rs 49.66-crore drop in net profits in the second quarter (Q2) this year due to fall in investment and treasury profits. Briefing reporters here on Monday on the Q2 results, Mr K.M. Shet, Executive Director of the ... More