CORPORATE RESULTS
DIVERSIFIED
Indian Rayon net falls to Rs 24.67 cr
INDIAN Rayon and Industries Ltd on Wednesday reported a reduced net profit of Rs 24.67 crore for the quarter ended September 30, 2004, as against the previous corresponding Rs 53.59 crore. The company's net income from operations was Rs 465.08 ...
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CEMENT
ACC second quarter net profit climbs 82 per cent
ASSOCIATED Cement Companies Ltd has reported a 182 per cent increase in net profit for the second quarter of the current fiscal. "Additional income in the form of reversal of entry tax in Bihar as a result of a favourable Supreme Court ...
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Visaka Q2 net rises
VISAKA Industries Ltd (VIL), engaged in the production of asbestos cement products and yarn, has posted sales turnover of Rs 47.87 crore and net profit of Rs 3.26 crore during the quarter ended September 30. Turnover increased by about 25 per ...
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PETROLEUM
MRPL Q2 net at Rs 168 cr
MANGALORE Refinery and Petrochemicals Ltd (MRPL) today reported a net profit of Rs 168.57 crore for the second quarter of this fiscal compared to a net loss of Rs 45.36 crore in the corresponding period last year. Total income of the company, ...
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Kochi Refineries rides high
KOCHI: Backed by a strong surge in its refining margin from $2.5 to $5.6 per barrel, the net profit of Kochi Refineries Ltd has grown by 167 per cent to reach Rs 175.50 crore (Rs 65.70 crore) during the quarter ending September 30. The ...
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STEEL
Jindal Steel & Power net jumps
NEW DELHI: Jindal Steel & Power Ltd has reported a 112 per cent jump in net profit for the second quarter ended September 30, 2004 at Rs 123.48 crore, as against Rs 58.23 crore in the same period of the last fiscal. The company's board ...
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TEXTILES
Bombay Dyeing net at Rs 10.31 cr
MUMBAI: Bombay Dyeing and Manufacturing Company Ltd has seen its net profit dip marginally to Rs 10.31 crore for the quarter ended September 30, 2004 as against Rs 10.71 crore in the previous corresponding quarter. This came even as the ...
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CIGARETTES
Godfrey Philips H1 net down
NEW DELHI: Godfrey Philips, the country's second largest cigarette maker, on Wednesday announced a 1.85 per cent dip in net profit at Rs 25.82 crore during the first half of the current fiscal. The company's net sales grew by seven per ...
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PERSONAL PRODUCTS
Godrej Consumer Q2 net up 26%; to pay 50% dividend
IMPROVED operational efficiencies have helped Godrej Consumer Products Ltd (GCPL) record a 26 per cent jump in its second quarter net profit to Rs 17 crore against Rs 14 crore last year. The board of directors has declared a second interim ...
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Dabur in talks to acquire brands — Q2 net up 28 pc; to pay 100 %
DABUR India today said that it was in talks with three domestic firms to acquire their brands and that it is also in the process of acquiring the Honitus brand from its sister concern, Dabur Pharma, for a consideration of Rs 4.5 crore. Mr Sunil ...
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CARS
Maruti posts 48 pc rise in Q2 net profit
MARUTI Udyog Ltd has posted an 48 per cent rise in net profit for the second quarter of this fiscal as vehicle sales accelerated on the back of low interest rates. Net profit stood at Rs 183.6 crore during July-September compared to Rs 123 ...
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AUTOMOBILE COMPONENTS
Exide posts Rs 384-cr turnover
KOLKATA: Exide Industries has recorded a gross sales turnover of Rs 384 crore for the three-months ended September 30, up from Rs 306 crore posted in the second quarter of the previous year. The company's net profit stood at Rs 19.7 ...
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IMPAL net up at Rs 2.64 cr
CHENNAI: India Motor Parts and Accessories Ltd has reported a net profit of Rs 2.64 crore for the quarter ended September, marginally higher than Rs 2.28 crore achieved in the same quarter last year. The company's turnover increased to ...
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SOFTWARE
Ramco Systems posts profit
RAMCO Systems has reported a net profit of Rs 2.32 crore on total income of Rs 36.40 crore for the quarter ended September 30, 2004 compared to a net loss of Rs 12.29 crore on revenues of Rs 19.43 crore for the corresponding quarter last ...
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NIIT Tech net up 50 pc in Q2
NIIT Technologies Ltd today reported a 50 per cent jump in net profit for the second quarter ended September 2004 to Rs 15.2 crore against Rs 10.1 crore in the year-ago period, on the back of revenue growth and improvement in productivity and ...
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HOUSING FINANCE
LIC Housing Fin Q2 net up 27 pc
LIC Housing Finance Ltd has reported a 27 per cent increase in net profit for the second quarter of the current fiscal. Net profit was Rs 45.68 crore, as against Rs 35.98 crore reported for the corresponding quarter of the previous year. ...
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Dewan Housing Q2 net up 14.36 pc
DEWAN Housing Finance Corporation has reported a 14.36 per cent increase in net profit for the quarter ended September 30, 2004. Net profit for the quarter amounted to Rs 6.03 crore, as against Rs 5.27 crore reported for the corresponding ...
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PAINTS
Asian Paints net up at Rs 48.8 cr
ASIAN Paints (India) Ltd returned a net profit of Rs 48.8 crore for the quarter ended September 30, up four per cent from Rs 46.9 crore in the second quarter last year. During the period, the paint major posted a eight per cent rise in its ...
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Goodlass Nerolac Q2 net rises 56%
HIGHER other income and lower interest payments has helped Goodlass Nerolac Paints report a 55.75 per cent increase in net profit for the second quarter ended September 30, 2004 to Rs 29.22 crore, as against Rs 18.76 crore in the same quarter ...
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PUBLIC SECTOR BANKS
BoB net falls 18 pc in Q2
BANK of Baroda has recorded a 17.82 per cent decline in net profit at Rs 213.31 crore for the second quarter ended September 30, 2004 on account of fall in income from sale of investments. Net profit during the year-ago period was at Rs 259.56 ...
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