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Saturday, January 22, 2005

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CORPORATE RESULTS

DIVERSIFIED


EID Parry profit zooms
CHENNAI: EID Parry (India) Ltd has reported a net profit of Rs 17.8 crore for the third quarter of the current financial year, compared with Rs 1.67 crore in the same period last year — a nearly 11-fold increase. For the nine-month ... More

CEMENT


India Cements net dips
CHENNAI: India Cements Ltd has reported a net loss of Rs 33.31 crore on sales of Rs 319.01 crore for the quarter ended December 31, 2004 compared to a net loss of Rs 37.24 crore on sales of Rs 285.30 crore for the same quarter last year. ... More

PETROLEUM


Reliance Ind net leaps 52 pc in third quarter on higher margins
RELIANCE Industries Ltd (RIL) has posted a 52 per cent rise in its third quarter net profit, over the year-ago period, riding on higher petrochemicals margins and fuel sales. The country's largest private sector company had a net profit of Rs ... More

PHARMACEUTICALS


Roche payment helps Nicholas post 118 pc rise in Q3 net profit
NICHOLAS Piramal India Ltd (NPIL) has clocked a 13.8 per cent growth in net sales from continuing operations and a 118.2 per cent growth in net profit for the third quarter ended December 31, 2004. The profits were partly on the back of a Rs ... More

Sun Pharma profit rises by 14.6 pc
MUMBAI: Sun Pharmaceutical Industries Ltd has posted a net profit of Rs 80.72 crore, up 14.6 per cent, for the three-month period ended December 31, 2004. This profit was after a one-time management fee of Rs 15.7 crore, in connection ... More

TEXTILES


Raymond Q3 net drops 18 pc
HIGHER raw material costs in cotton and steel and a Rs 1.98-crore VRS payment write-off drove Raymond Ltd's net profit down by 18 per cent to Rs 25.08 crore for the quarter ended December 31, 2004, from Rs 30.54 crore in the year-ago period. An ... More

CIGARETTES


ITC Q3 net up 18%
ITC Ltd, for the quarter ended December 31, 2004, has recorded a growth of 17.9 per cent in its post tax profit at Rs 448.94 crore, against the Rs 380.70 crore for the same period of last financial year. The pre-tax profit increased by 12.7 per ... More

FOODS & FOOD PROCESSING


Agro Tech turnover at Rs 259 crore
AGRO Tech Foods Ltd, a subsidiary of global food major ConAgra, has posted a turnover of Rs 259 crore and a pre-tax profit of Rs 2.2 crore for the quarter ended December 31, 2004. The company's turnover and profit declined compared with the ... More

SOFTWARE


Wipro clocks 56 pc rise in Q3 net at Rs 427 cr
WIPRO Ltd posted a 56-per cent growth in net profit and a 39-per cent increase in revenue for the third quarter ending December 2004, beating expectations. Third-quarter net profit in fiscal 2005 stood at Rs 426.8 crore on revenues of Rs 2,110 ... More

Polaris Soft Q3 net drops to Rs 19 cr
POLARIS Software Lab's net profit has declined to Rs 19.32 crore for the quarter ended December 31, 2004 against a net profit of Rs 23.44 crore for the corresponding quarter last year — a 17- per cent drop. For the December 2004 quarter, ... More

NIIT Tech Q3 net up 133%
NIIT Technologies Ltd, the IT solutions company, has reported a 133-per cent rise in its net profit for the third quarter ended December 31, 2004 to Rs 13.3 crore against Rs 5.7 crore in the corresponding period in the previous year. Its ... More

IT TRAINING


NIIT to issue $10-m bonds to Intel Capital
IT training company NIIT Ltd has registered a net profit of Rs 4.8 crore in the third quarter ended December 31 as against a loss of Rs 11.6 crore in the year-ago period. The company also announced that it would issue $10 million (around Rs ... More

ALUMINIUM


Nalco net almost doubles to Rs 306 crore; to pay 20% interim
NATIONAL Aluminium Company Ltd (Nalco), the leading manufacturer and exporter, has posted a net profit of Rs 306.07 crore for the third quarter ended December 31, 2004 against Rs 167.09 crore earned during the corresponding period last ... More

SUPPLY CHAIN MANAGEMENT


Blue Dart Q3 net profit rises 58 pc
BLUE Dart Express Ltd has recorded a net profit of Rs 11.12 crore in the third quarter ended December 31, 2004, a 58.40 per cent growth on the Rs 7.02 crore recorded in the corresponding previous quarter. For the third quarter under review, ... More


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In Depth

Gender Justice
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Looking back
Jan. 9-Jan. 15
MphasiS BFL Q3 net declines to Rs 27 cr

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Hero Honda Q3 net up 8 pc


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