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Tuesday, April 26, 2005

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CORPORATE RESULTS

TELECOMMUNICATIONS


MTNL net up 5.26 pc in Q4
MAHANAGAR Telephone Nigam Ltd has posted a 5.26 per cent rise in net profit at Rs 323.27 crore for the quarter ended March 31, 2005. The figure stood at Rs 307.09 crore in the corresponding quarter last year. Total income has increased 4.59 per ... More

ELECTRONICS


Siemens clocks 89 pc rise in Q2 net, to pay Rs 4.50 interim
SIEMENS Ltd has reported an 89 per cent rise in profit after tax for the second quarter ended March 2005 to Rs 79.4 crore from Rs 42 crore in the corresponding previous period. According to an official statement, the company's board has ... More

ENGINEERING


Elgi Equipments full-year net profit down 40 pc
WITH its bread and butter product — water drilling equipment — facing a sharp fall in demand, the air compressor major, Elgi Equipments Ltd (EEL), has decided to re-jig it product mix with greater focus on the industrial segment and ... More

PETROLEUM


MRPL 2004-05 net up 85% at Rs 850 cr
MANGALORE Refinery and Petrochemicals Ltd (MRPL), a subsidiary of Oil and Natural Gas Corporation Ltd (ONGC), has recorded a net profit of Rs 850 crore during 2004-05 against Rs 459 crore in 2003-04, registering a growth of 85 per cent. A ... More

PHARMACEUTICALS


Strides posts 32 pc rise in Q1 net
STRIDES Arcolab has reported 32 per cent growth with a consolidated net profit of Rs 10.99 crore for the first quarter ended March. On a consolidated basis, the company posted revenues of Rs 106.03 crore, a growth of 13 per cent. Consolidated ... More

Venus Q4 net jumps to Rs 1.5 cr
VENUS Remedies Ltd has reported a jump in profit after tax at Rs 1.48 crore for the fourth quarter ended March 2005 from Rs 0.37 crore in the year-ago period. Total income for the quarter was Rs 10.82 crore (Rs 6.17 crore). For the full year ... More

TEXTILES


VTM net up, to pay Rs 5.50
COIMBATORE: VTM Ltd, formerly Virudhunagar Textile Mills Ltd and a member of the Madurai-based Thiagarajar group, has recorded a turnover of Rs 113 crore for the year ended March 31, 2005, a rise of 3.5 per cent compared to Rs 109.13 crore ... More

SOFTWARE


HCL Tech Q3 net income up 25 pc
HCL Technologies on Monday reported a 25 per cent increase in its consolidated net income for the third quarter ended March, 2005 at Rs 157.2 crore against Rs 125.8 crore in the year-ago period on the back of a strong performance in business ... More


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