CORPORATE RESULTS
RICE
Satnam Overseas Q2 net up
NEW DELHI: Satnam Overseas Ltd has posted 37 per cent higher net profit at Rs 5.23 crore for the second quarter ended September 30, 2004 even as sales were down 32.5 per cent to Rs 82.40 crore. Commenting on the results, the Joint ...
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TELECOMMUNICATIONS
MTNL net falls 6.83 pc in Q2
MAHANAGAR Telephone Nigam Ltd has reported a 6.83 per cent decline in net profit for the second quarter ended September 2004. The state-owned company recorded a profit of Rs 207.8 crore during this period compared to Rs 223 crore during the ...
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CHEMICALS
Ashapura turnover up 77 per cent
MUMBAI: Ashapura Minechem Ltd has reported a net profit of Rs 5.5 crore for the first half ended September 2004 compared to Rs 4.02 crore for the year-ago period. The turnover increased by 77 per cent to Rs 222.69 crore. ...
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ELECTRONICS
BEL net rises to Rs 110.56 cr in Q2
BANGALORE: Bharat Electronics Ltd has posted a 41-per cent higher total income of Rs 835.65 crore for the second quarter ended September 30, 2004, against Rs 591 crore for the same period last fiscal. Net sales for the quarter was Rs ...
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PETROLEUM
BPCL Q2 net drops 33 per cent
BHARAT Petroleum Corporation Ltd has reported a 32.6 per cent drop in second quarter net profit to Rs 321.4 crore against Rs 477.1 crore in the same period last year. Net sales for the quarter ended September 30, 2004 was 23 per cent higher at ...
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PHARMACEUTICALS
Granules India income, net rises
HYDERABAD: Granules India Ltd has recorded a growth of 31.51 per cent in turnover and an 18 per cent rise in its net profit for the second quarter of current fiscal ended September 30. While the turnover improved to Rs 30.51 crore from ...
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Aurobindo Pharma Q2 net falls
HYDERABAD: Aurobindo Pharma Ltd has suffered a significant fall in both turnover and net profit for the second quarter of the current fiscal ended September 30. While the income has come down to Rs 271.98 crore from Rs 352.88 crore in ...
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SHIPPING
SCI Q2 profits rise
MUMBAI: THE State-owned Shipping Corporation of India (SCI) has reported a net profit of Rs 210.13 crore for the second quarter of the current fiscal against Rs 80 crore in the same period last year. The company's total income during the ...
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AUTOMOBILE COMPONENTS
Mico Q3 net up 41%
AUTO components maker Mico recorded a 40.56 per cent increase in its net profit to Rs 97.20 crore during the third quarter of 2004. Its sales grew 17.33 per cent to Rs 609.28 crore. During the latest quarter, Mico's German parent Bosch ...
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Sundram Fasteners Q2 net falls marginally — To pay 70 pc interim
SUNDRAM Fasteners has reported a net profit of Rs 14.77 crore for the second quarter of the current year, compared with Rs 15.15 crore in the corresponding quarter of last year. The company has declared an interim dividend of Re 0.70 per share ...
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AIR-CONDITIONERS & REFRIGERATORS
Blue Star posts higher net profit
MUMBAI: Blue Star has recorded a net profit of Rs 8.75 crore (Rs 5.56 crore) for the second quarter ended September 30, 2004, representing a growth of 57 per cent over the corresponding previous period. Total income during the quarter ...
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REAL ESTATE & CONSTRUCTION
PSL income up
PSL Ltd has reported a total income of Rs 225.80 crore for the second quarter of the current fiscal compared to Rs 220.19 crore in the year-ago period. Profit before tax for the quarter stood at Rs 11.02 crore (Rs 11 crore). For the ...
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HARDWARE
Moser Baer profit falls 78 per cent
MOSER Baer on Saturday reported a 78.7 per cent dip in its net profit for the quarter ended September at Rs 17.5 crore compared to Rs 82.2 crore in the year-ago period. "The pricing pressure on optical media coupled with temporary build up of ...
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SOFTWARE
Hinduja TMT Q2 net higher
HINDUJA TMT has reported a 4 per cent increase in profit after tax at Rs 21.04 crore for the second quarter of the current fiscal against Rs 20.30 crore in the year-ago period. The company posted a total income of Rs 45.61 crore, higher by 11 ...
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Rolta India nets Rs 25 cr profit
MUMBAI: Rolta India has reported a 12.2 per cent increase in its net profit for the first quarter of the fiscal ended September 30, 2004. The net profit amounted to Rs 25.12 crore (Rs 22.39 crore). The company's total income rose by 20.7 ...
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Subex Systems Q2 net up
BANGALORE: Subex Systems announced that it has registered second quarter profit after tax of Rs 473.91 lakh, up from Rs 452.43 lakh in second quarter last fiscal. Sequentially, profits have grown by 16 per cent while sequential revenues ...
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PAPER, BOARD & NEWSPRINT
Seshasayee Paper Q2 net profit drops
SESHASAYEE Paper and Boards Ltd has reported a net profit of Rs 1.46 crore on net sales of Rs 97.73 crore for the quarter ended September 30 compared to a net profit of Rs 4.82 crore on sales of Rs 99.07 crore for the year-ago period. For the ...
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SILK
Eastern Silk to pay 15 pc interim
MUMBAI: The board of directors of Eastern Silk Industries has recommended an interim dividend of Rs 1.50 per share of face value or 15 per cent. It has fixed November 16 as the record date for the payment of dividend, the company ...
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PRIVATE BANKS
Federal Bank H1 net slips 38 pc
THE net profit of the Aluva-based Federal Bank has fallen by 38 per cent to Rs 48.22 crore (Rs 77.73 crore) during the first half of the current fiscal. The results were adopted by the board, which met in Kochi on Saturday. The bank has moved ...
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PUBLIC SECTOR BANKS
SBI Q2 net rises 9.42 pc on growth in advances
A SIGNIFICANT growth in advances coupled with lower provisioning helped State Bank of India report a 9.42 per cent rise in net profit at Rs 1,081.89 crore for the second quarter ended September 30, 2004, as against Rs 988.78 crore in the year ...
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IOB net up at Rs 158 cr; to pay 14 pc interim
INDIAN Overseas Bank has reported a net profit of Rs 158.33 crore for the quarter ended September against Rs 154.62 crore in the corresponding quarter last year. The bank has declared an interim dividend of Rs 1.40 per share (14 per cent), the ...
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Dena Bank Q2 net declines 42 pc
DENA Bank Ltd has posted a 42 per cent dip in net profit at Rs 40.55 crore for the second quarter ended September 30,2004, against Rs 71.06 crore in the corresponding period of the previous year. Total income was down to Rs 533.89 crore (Rs ...
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