CORPORATE RESULTS
CHEMICALS
Hikal net profit up 26 per cent
MUMBAI: Hikal Ltd has posted a 26 per cent increase in net profit at Rs 7.63 crore for the quarter ended September 30, as against Rs 6.04 crore in the year-ago period.The company's turnover for the quarter was up 29 per cent at Rs 47.91 ...
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ELECTRONICS
FCI OEN profit rises 66 pc
KOCHI: The net profit of FCI OEN increased by 66 per cent to Rs 3.28 crore (Rs 1.97 crore) for the quarter ended September 30, 2004, the third quarter in the company's financial year. The growth in net profit was achieved without any ...
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FERTILISERS
SPIC posts higher operating loss in H1
SOUTHERN Petrochemical Industries Corporation (SPIC) has reported a higher operating loss in the first half of the current year. The company's net loss after interest and depreciation but before `exceptional item' of income stood at Rs 84.94 ...
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HOTELS
Indian Hotels net rises to Rs 22.31 cr
INDIAN Hotels Company Ltd (IHCL), on Thursday, reported higher profit after tax of Rs 22.31 crore for the second quarter as against the previous corresponding Rs 3.48 crore. Sales and other operating income increased to Rs 172.81 crore (Rs ...
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PETROLEUM
Castrol Q3 net up 8.7%
MUMBAI: Castrol India Ltd has recorded an 8.7 per cent increase in net profit for the third quarter ended September 30, 2004 to Rs 31.1 crore (Rs 28.6 crore). Net sales for the quarter stood at Rs 303.4 crore, 6 per cent higher than Rs ...
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PHARMACEUTICALS
Nicholas Piramal Q2 net up at Rs 54.39 crore; stock split okayed
DRUG company Nicholas Piramal India Ltd (NPIL) has posted a net profit of Rs 54.39 crore for the quarter ended September 30, as against Rs 50.52 crore for the same quarter in the previous year. Total income (net of excise and sales tax) has ...
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Orchid Chem PAT down 42 pc
CHENNAI: Orchid Chemicals & Pharmaceuticals recorded a profit after tax of Rs 8.65 crore (Rs 14.86 crore) in the first half of 2004-05, lower by 41.79 per cent in relation to the corresponding period of the previous year. A 29.28 per ...
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Divi's Labs Q2 profit falls
DIVI'S Laboratories Ltd (DLL), the city-based manufacturer of active pharmaceutical ingredients and intermediates, has suffered a fall in net profit for the second quarter of current fiscal ended September 30, despite having registered a growth ...
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POWER
Indsil Electro Q1 sales up 42%
COIMBATORE: Indsil Electrosmelts Ltd (IEL) has recorded a 42 per cent jump in sales in Q1 (July-September) compared with the same quarter in the previous fiscal. The net profit has shown a growth of more than 300 per cent on year-on-year ...
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SHIPPING
Essar Shipping Q2 net surges 46 pc
ESSAR Shipping Ltd has reported a 46.4 per cent increase in net profit, year-on-year for the second quarter ended September 30. The company's net profit for the quarter amounted to Rs 30.89 crore; net profit during the same year-ago quarter had ...
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TEXTILES
Alok Ind net up
MUMBAI: Alok Industries Ltd has posted a net profit of Rs 20.52 crore for the quarter ended September 30, 2004, compared to Rs 15.94 crore for the quarter ended September 30, 2003. Total income increased to Rs 280.6 crore (Rs 252.9 crore) ...
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REAL ESTATE & CONSTRUCTION
HCC net at Rs 2.79 cr
MUMBAI: Hindustan Construction Co Ltd has reported a net profit of Rs 2.79 crore during the second quarter of the current fiscal, against Rs 31 lakh in the corresponding period of last fiscal. During the quarter, the turnover was Rs ...
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COFFEE
Tata Coffee Q2 net climbs 35 pc
BANGALORE: Tata Coffee Ltd reported a 35 per cent rise in net profit at Rs 2.80 crore for the second quarter ended September 2004, over Rs 2.08 crore registered in the corresponding period last fiscal. Revenues for the quarter grew by 6.3 ...
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PRIVATE BANKS
HDFC Bank Q2 net up 30 pc — Board approves $300-m ADS plan
HDFC Bank Ltd proposes to raise up to $300 million through an offering of American depository shares (ADS). The board of directors of the bank, which met on Thursday, approved the proposal. Post ADS, the bank's foreign shareholding may not ...
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Treasury gains dented; ICICI Bank Q2 net rises 10 pc
ICICI Bank has registered a 10.13 per cent growth in net profit for the second quarter ended September 30, 2004, at Rs 442.08 crore as against Rs 401.40 crore in the corresponding quarter, the previous year. During the period, the bank earned a ...
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PUBLIC SECTOR BANKS
Corpn Bank Q2 net down 81 pc
LOWER trading profits in the wake of hardening bond yields, and a substantial rise in provisioning, has led to an 81 per cent drop in the net profit of Corporation Bank Ltd, for the second quarter of the current fiscal. The net profit fell to Rs ...
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