Financial Daily from THE HINDU group of publications
Saturday, July 23, 2005
Markets (July 22)
BL 2502313.01 (+32.73)
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US Dollar (Buy/Sell)43.43/43.57
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CORPORATE RESULTS

HOTELS


Food & beverage income pushes IHCL net up by 164 pc
IMPROVED average room rates (ARRs) and occupancies along with higher food and beverage income helped Indian Hotels Company Ltd (IHCL) record a 164 per cent growth in net profit at Rs 16.91 crore for the quarter ended June 30, 2005. The net ... More

PHARMACEUTICALS


GSK healthcare PAT up 56.4 pc in Q2
GLAXOSMITHKLINE Consumer Healthcare Ltd (GSKCH) has registered sales of Rs 275 crore for the second quarter ended June 30, 2005, a 15.8 per cent growth, while profit after tax (PAT) rose 56.4 per cent to Rs 29.1 crore. For the six-month period, ... More

SHIPPING


Shreyas Shipping Q1 net zooms 333 pc
MUMBAI: Shreyas Shipping Ltd has reported a 333 per cent increase in net profit in the first quarter of the current fiscal to touch Rs 11.27 crore, as against Rs 2.60 crore registered in the corresponding quarter of last fiscal. During ... More

STEEL


JSW Steel posts Rs 200.36 cr net profit
MUMBAI: JSW Steel Ltd reported a rise in net profit for the quarter ended June 30, 2005, to Rs 200.36 crore from Rs 108.07 crore in the previous corresponding period. The company's net sales/income from operations was higher at Rs ... More

SUGAR


Gayatri Sugars Q1 sales up 38 pc
HYDERABAD: Gayatri Sugars Ltd (GSL) has reported a growth of 38 per cent in sales turnover and posted a net profit for the first quarter of current fiscal ended June 30 as compared with net loss in the corresponding quarter of the previous ... More

Ponni Sugars (Erode) posts profit
CHENNAI: Ponni Sugars (Erode) Ltd has reported a net profit of Rs 57 lakh on net sales of Rs 21.19 crore for the three months ended June 30, 2005. During the same period in the previous year the company reported a net profit of Rs 34 ... More

TYRES


Apollo Tyres net up at Rs 16.69 cr in Q1
APOLLO Tyres Ltd (ATL) has reported a net profit of Rs 16.69 crore for the first quarter ended June 30, 2005 as against a net profit of Rs 15.63 crore recorded in the same period during the previous year. Net sales of the company for the period ... More

PERSONAL PRODUCTS


Godrej Consumer Q1 net up 57 pc, to pay Rs 7.5 interim
GODREJ Consumer Products Ltd has reported a 57 per cent increase in profit after tax at Rs 27.1 crore for the quarter ended June. The board has recommended a 75 per cent first interim dividend. Higher sales, robust brand growth, and all-round ... More

REAL ESTATE & CONSTRUCTION


Hindustan Construction Co net up at Rs 2.66 cr in Q1
MUMBAI: Hindustan Construction Co Ltd (HCC) has reported a 72 per cent jump in net profit for the first quarter of the current fiscal to touch Rs 2.66 crore. During the quarter, the company's turnover was Rs 479.43 crore, representing an ... More

HARDWARE


Tata Elxsi net at Rs 6.59 cr
BANGALORE: Tata Elxsi reported revenues of Rs 51 crore during the first quarter of the fiscal and a net profit of Rs 6.59 crore. Sequentially this means a dip in revenues from Rs 52.8 crore and from profits of Rs 8.17 crore in the last ... More

SOFTWARE


Wipro Q1 net rises 20 pc at Rs 428 cr, revenues up 28 pc — `Global IT business continued to sustain momentum'
STRONG rupee, high sales, marketing and visa costs, and a muted growth in its business process outsourcing (BPO) outfit impacted Wipro Ltd's first quarter earnings that fell short of expectations marginally. Wipro reported a 20 per cent growth ... More

Polaris Software posts 46-pc drop in net profit
POLARIS Software Labs has reported a 46.2-per cent drop in net profit to Rs 12.96 crore on sales of Rs 209.38 crore for the quarter ended June 30, 2005 compared to a net profit of Rs 24.09 crore on sales of Rs 179.59 crore for the corresponding ... More

PAPER, BOARD & NEWSPRINT


Tamil Nadu Newsprint posts higher net profit
CHENNAI: Tamil Nadu Newsprint and Papers Ltd (TNPL) has reported an increase in net profit at Rs 13.14 crore on net sales of Rs 179.30 crore for the quarter ended June 30, 2005. During the corresponding period in the previous year the ... More

PRIVATE BANKS


KVB first quarter net rises Rs 3.5 cr
KARUR Vysya Bank's (KVB) net profit for the quarter ended June improved marginally to Rs 37.62 crore, up by Rs 3.52 crore compared to the corresponding previous period. The bank has managed to strengthen its bottomline despite a decline of Rs ... More


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Looking back
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