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Friday, April 22, 2005

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CORPORATE RESULTS

FERTILISERS


Godavari Fert net up at Rs 17 cr
CHENNAI: Godavari Fertilisers Ltd has reported a net profit of Rs 17.09 crore for 2004-05 against Rs 7.15 crore for the previous year, an increase of 140 per cent. During the year, the company achieved a turnover of Rs 1,200.05 crore (Rs ... More

PETROCHEMICALS


Manali Petrochem net zooms
CHENNAI: Manali Petrochemical Ltd has reported a net profit of Rs 23.4 crore for 2004-05, nearly 11 times that of Rs 2.05 crore posted in the previous year. The profit has diminished its accumulated losses to Rs 35.32 crore. The company ... More

PHARMACEUTICALS


Biocon's Q4 net dips to Rs 35.19 cr
INCREASED competition and pricing pressure on statins in the European markets saw Biocon's profits for the January-March period dip 7.6 per cent compared to the previous fiscal for the same period. The biotechnology major reported fourth ... More

STEEL


Jindal Stainless Q4 net rises to Rs 92.89 cr on higher margins — To form joint venture with Italian Steelway
JINDAL Stainless Ltd today reported a net profit of Rs 92.89 crore for the fourth quarter ended March 2005, registering a 239.01 per cent increase compared to the corresponding quarter in the previous fiscal, mainly due to higher margins. The ... More

SUGAR


Simbhaoli Sugar Mills Q4 net up at Rs 5.15 cr
SIMBHAOLI Sugar Mills Ltd reported a profit after tax of Rs 5.15 crore for the fourth quarter of 2004-05, against the year-ago profits of Rs 3.31 crore. Sales for the quarter moved up to Rs 180.59 crore (Rs 74.43 crore). For the full year, ... More

SOFTWARE


Satyam net jumps 51 pc in fourth quarter
SATYAM Computer Services Ltd has recorded a growth of 32.28 per cent in revenues and 51.37 per cent in net profit for the fourth quarter of fiscal ended March 31, 2005. On revenues of Rs 953.36 crore (Rs 720.7 crore), the company posted a net ... More

ALUMINIUM


Nalco net profit up at Rs 1,222.43 cr
THE National Aluminium Company Ltd (Nalco), the leading producer and exporter of alumina and aluminium in the country, closed the financial year (2004-05) with a record sales turnover of Rs 4,437.97 crore and the highest ever net profit of Rs ... More

PRIVATE BANKS


UTI Bank Q4 net up 34 pc
UTI Bank's net profit rose by 33.82 per cent to Rs 116.54 crore for the quarter ended March 31, 2005 as compared to Rs 87.09 crore for the corresponding quarter last year mainly on growth in fee income and advances. The bank has recommended a ... More

PUBLIC SECTOR BANKS


Corporation Bank Q4 net down 10 pc
CORPORATION Bank's fourth quarter net profit fell nearly 10 per cent over the year-ago period mainly on account of higher provisioning for bad loans and lower income from investments in bonds. Net profit for the full year ended March 31, 2005 ... More


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