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Sunday, January 30, 2005

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CORPORATE RESULTS

TELECOMMUNICATIONS


MTNL Q3 net down at Rs 200.9 crore
MAHANAGAR Telephone Nigam Ltd (MTNL) on Saturday reported a lower net profit of Rs 200.98 crore during the third quarter ended December 2004, compared to Rs 482.69 crore notched in the corresponding quarter in the previous year. "Higher net ... More

ENGINEERING


Siemens turnover, net up
MUMBAI: Siemens has reported a 90 per cent rise in net profit for the quarter ended December 31, 2004 at Rs 31.4 crore. The company's turnover during the quarter was Rs 503.1 crore, representing an increase of 64 per cent as compared to ... More

Kennametal profit zooms
BANGALORE: Kennametal Widia India Ltd, a machine tools manufacturer, has posteda net profit of Rs 7.89 crore during the second quarter of 2004 against a net loss of Rs 2.07 crore during the second quarter of 2003. The net income rose to ... More

PESTICIDES


Rallis India net drops 57 pc
MUMBAI: Rallis India Ltd has reported a 57-per cent drop in its net profit at Rs 13.32 crore for third quarter ending December 2004, against Rs 31.23 crore in the year-ago period. However, in the year-ago period, the company had an ... More

PETROCHEMICALS


Andhra Petrochemicals net up
HYDERABAD: Andhra Petrochemicals Ltd has announced improved sales and net profit for the third quarter of current fiscal ended December 2004. While net sales increased to Rs 51.91 crore from Rs 40.86 crore in the corresponding quarter ... More

PHARMACEUTICALS


Natco Pharma profit rises to Rs 5.13 cr
NATCO Pharma Ltd posted a turnover of Rs 45.34 crore for the third quarter ended December 2004 against Rs 40.05 crore in the corresponding quarter of previous fiscal and a net profit of Rs 5.13 crore (Rs 4.84 crore). For the nine-month ... More

SUGAR


Ponni Sugars profit doubles
CHENNAI: Ponni Sugars (Erode) Ltd has more than doubled its profit after tax (PAT) for the third quarter ended December 31, 2004 with a net profit of Rs 1.87 crore on an income of Rs 25.18 crore. During the corresponding period in the ... More

TEXTILES


Ambika Cotton Mills net dip 18 pc
COIMBATORE: Ambika Cotton Mills Ltd recorded a 13.3 per cent drop in sale income at Rs 23.76 crore during the quarter ended December 31, 2004 against Rs 27.42 crore in the corresponding period last year. The company's net profit for ... More

Aarvee Denims' net rises 28 pc
AHMEDABAD: Aarvee Denims and Exports has announced that its net profit for the third quarter of the current year has risen nearly 28 per cent to Rs 6.43 crore against Rs 5.03 crore in the same quarter last year. During the third ... More

HARDWARE


Moser Baer Q3 net loss at Rs 32 cr
NEW DELHI: Moser Baer India Ltd has reported a net loss of Rs 31.73 crore for the third quarter ended December 31, 2004 compared to a net profit Rs 107.07 crore in the corresponding period the previous year, mainly on account of a ... More

SOFTWARE


Ramco Systems pares losses
CHENNAI: Ramco Systems Ltd has reported a reduced net loss of Rs 3.36 crore on an increased turnover of Rs 27.20 crore for the quarter ended December 31, 2004 against a net loss of Rs 10.16 crore on a turnover of Rs 14.31 crore for the ... More

LEATHER


Mirza Tanners net zooms
NEW DELHI: Mirza Tanners has reported a 104 per cent jump in net profits at Rs 10.20 crores for the quarter ending December 31, 2004, against a net of Rs 4.99 crores recorded during the corresponding period of the last fiscal. The turnover ... More

ALUMINIUM


Hindalco net profit up 35%, sales 23% in Q3
HINDALCO Industries Ltd has reported a 35.1-per cent growth in profit after tax at Rs 264.9 crore for the quarter ended December 31, 2004, against the previous corresponding Rs 196 crore. Net sales were up 23 per cent at Rs 2,044.9 crore (Rs ... More

PAPER, BOARD & NEWSPRINT


Seshasayee Paper profits rise marginally
CHENNAI: Seshasayee Paper and Boards Ltd has reported a net profit of Rs 99 lakh on income from operations of Rs 102.93 crore for the quarter ended December 2004. During the corresponding period in the previous year, the company reported ... More

BIO-TECH & GENETICS


Panacea Biotec net up 42 pc
NEW DELHI: Panacea Biotec has recorded net sales of Rs 240 crore for the nine-month period ended December 31, 2004 compared to Rs 164 crore registered the previous year - a growth of 47 per cent. Operating profit during the period ... More

Krebs Bio Q3 profit, turnover decline
KREBS Biochemicals & Industries Ltd (KBIL), the active pharmaceutical ingredients and sugar manufacturer, has suffered a fall both in turnover and net profit for the third quarter of current fiscal ended December 2004. As per the unaudited ... More

PAINTS


Berger Paints net rises
KOLKATA: Berger Paints India Ltd has clocked a net profit of Rs 15.22 crore during the third quarter ended December 31, 2004, against Rs 12.09 crore in the corresponding period last year. According to a press release issued by the ... More

PUBLIC SECTOR BANKS


BoB net down 77 pc in third quarter
THE sharp fall in treasury profits led Bank of Baroda to record a 77.36 per cent dip in net profit for the third quarter ended December 31, 2004, at Rs 69.50 crore against Rs 306.95 crore in the corresponding period, the previous ... More

BEARINGS, CASTINGS & FORGINGS


Nava Bharat Ferro reports 57 pc jump in Q3 net
NAVA Bharat Ferro Alloys Ltd has recorded a growth of 27.56 per cent in turnover and 56.96 per cent in net profit for the third quarter of current fiscal ended December 2004, despite higher provisions towards taxation. As per the unaudited ... More


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Looking back
Jan. 23-Jan. 29
Demand for bio-fuels drives Praj Ind's growth — 5-fold rise in Q3 net on higher exports

GE Shipping posts Rs 288-cr net in Q3

SAIL Q3 rises to Rs 1,514 cr — To pay 15% interim

Hexaware Q4 net up multi-fold

Vijaya Bank Q3 net down 49 pc

i-flex Solutions third-quarter net up 33 pc

Grasim net up 32.6 pc


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