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Thursday, October 21, 2004

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CORPORATE RESULTS

CEMENT
Gujarat Ambuja Q1 net jumps on exports
A 33 per cent increase in exports and better realisation from both exports and domestic sales have driven up Gujarat Ambuja Cements' net profit more than five-fold year-on-year, for the first quarter ended September 30, 2004. Net profit ... More

ENGINEERING
Carborundum's net up at Rs 8.4 cr
CHENNAI: Carborundum Universal has reported a rise of net profit of Rs 8.40 crore for the quarter ended September, compared to Rs 6.74 crore in the same period last year - an increase of nearly 25 per cent. However, in the compared ... More

HOTELS
ITC Hotels net at Rs 7.77 cr
NEW DELHI: ITC Hotels Ltd has reported a net profit of Rs 7.77 crore for the quarter ended September 30, 2004. The Company has registered a total income of Rs 46.19 crore for the period under review. The total income during the first ... More

PHARMACEUTICALS
Wockhardt posts 13 pc rise in net profit
DESPITE a 97 per cent increase in tax provision and a substantial increase in interest burden, Wockhardt Ltd's net profit rose 13 per cent to Rs 55.8 crore for the quarter ended September 30, 2004, over Rs 49.1 crore in the corresponding quarter ... More

POWER
Reliance Energy net up 44 pc at Rs 128.25 cr
HIGHER energy sales and interest income has helped Reliance Energy Ltd (REL) report a 44 per cent increase in net profit at Rs 128.25 crore for the second quarter of 2004-05. The company today announced a dividend of Rs 1.10 per share for the ... More

SHIPPING
Shreyas Shipping Q2 net jumps to Rs 4 cr
SHREYAS Shipping Ltdhas reported a net profit of Rs 4.03 crore in the second quarter of the current fiscal, as against Rs 3.81 lakh in the corresponding quarter of previous fiscal. During the first six months in the current fiscal, its net ... More

Dredging Corpn pays dividend
NEW DELHI: Dredging Corporation of India Ltd (DCI) has paid a dividend cheque for Rs 26.40 crore to the Government for 2003-04. The dividend cheque was presented to the Union Minister of Shipping, Road Transport & Highways, Mr T.R. Baalu ... More

PERSONAL PRODUCTS
Colgate Palmolive net up 16 pc
MUMBAI: Colgate Palmolive has reported 16.35 per cent increase in its net profit at Rs 26.97 crore for the second quarter ended September 30, 2004. The corresponding figure for the last fiscal was Rs 23.18 crore. Net sales of the company ... More

TWO/THREE WHEELERS
Bajaj Auto net profit dips in Q2 at Rs 180 cr
BAJAJ Auto Ltd (BAL) on Wednesday reported a lower profit after a tax of Rs 179.9 crore for the second quarter of 2004-05 as against the previous corresponding Rs 193.4 crore. The company's sales and income from operations amounted to Rs 1,448.2 ... More

REAL ESTATE & CONSTRUCTION
NCC net rises 79 pc
HYDERABAD: Nagarjuna Construction Company Ltd (NCC) has reported a growth of 62 per cent in turnover and 79 per cent in net profit for the second quarter of current fiscal ended September 30. As per the financial results taken on record ... More

SOFTWARE
Satyam beats own guidance on revenue; Q2 net up 28%
BEATING its own guidance of Rs 810 crore of software revenues for the second quarter of current fiscal ended September 30, Satyam Computer Services Ltd has announced revenues of Rs 848.1 crore, which is 9.93 per cent up sequentially. It is up ... More

HCL Info net rises 33.4 pc
HCL Infosystems Ltd has posted a 33.4 per cent rise in its consolidated net profit for the quarter ended September, 2004 at Rs 43.16 crore against Rs 32.35 crore in the corresponding period of the previous year. During the period, its ... More

Polaris Q2 net up at Rs 24 cr
POLARIS Software Lab Ltd has reported increased net profit of Rs 24.45 crore on revenues of Rs 201.89 crore for the quarter-ended September 30, 2004. This is against a net profit of Rs 22.04 crore on revenues of Rs 157.41 crore for the ... More

Infotech Q2 net rises 156 pc
INFOTECH Enterprises Ltd , a software services provider, has recorded a 50 per cent growth in operating revenues, 67 per cent in operating profit and 156 per cent in net profit for the second quarter of current fiscal ended September 30 over the ... More

Visualsoft Q2 net down 31%
DESPITE having recorded a growth of 25.34 per cent in total income for the second quarter ended September 30, Visualsoft Technologies Ltd has suffered a fall of 31.46 per cent in its net profit compared to the corresponding quarter of the ... More

BIO-TECH & GENETICS
Biocon Q2 net up 52% at Rs 56 cr — To launch human insulin soon
STRONG performance on all fronts has pushed Biocon Ltd's second quarter net profit to Rs 56 crore, a growth of 52 per cent over the previous year's Q2, the company announced on Wednesday. Total sales jumped to Rs 189 crore or 26 per cent ... More

PUBLIC SECTOR BANKS
SBT net marginally up in first half
STATE Bank of Travancore (SBT) has recorded a net profit of Rs 118.10 crore in the first six months of the current financial year ended September 30, as against Rs 115.45 crore posted during the same period last year. The gross profit during ... More




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