Financial Daily from THE HINDU group of publications
Wednesday, July 27, 2005
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CORPORATE RESULTS

DIVERSIFIED


Godrej earns Rs 9.45 cr profit in first quarter
GODREJ Industries Ltd has reported a net profit of Rs 9.45 crore for the June 2005 quarter compared to a loss of Rs 5.60 crore in the year-ago period. The results reflect a strong improvement in business performance and commitment to deliver ... More

TELECOMMUNICATIONS


Bharti Q1 net at Rs 510 cr; customer base up 57 pc
BHARTI Tele-Ventures Ltd has reported a 70 per cent growth in its net profit to Rs 510 crore for the first quarter ended June 30, 2005. As per the US GAAP (United States Generally Accepted Accounting Principles) consolidated results announced ... More

ENGINEERING


Thermax chalks out Rs 100-cr expansion plan — Posts net profit of Rs 13.3 cr in Q1
THE city-based Thermax Ltd, a player in the energy and engineering management segment, is all set to expand its manufacturing capacity and engineering resources to meet the growing demand in the domestic market. For this, the company has ... More

FERTILISERS


SPIC cuts loss
CHENNAI: Southern Petrochemical Industries Corporation Ltd has reported a net loss of Rs 41.20 crore on sales of Rs 456.72 crore for the quarter ended June 30, 2005. During the corresponding period in the previous year the company ... More

PESTICIDES


Rallis net rises 31 pc
MUMBAI: Rallis India Ltd has reported a 31 per cent rise in profit after tax at Rs 2.73 crore for the June 2005 quarter compared with Rs 2.09 crore in the year-ago period. "This increase in profit is despite increasing costs of raw ... More

PETROCHEMICALS


IPCL net up 83 pc
INDIAN Petrochemicals Corporation Ltd's (IPCL) net profit for the quarter ended June 30, 2005, has gone up by 82.93 per cent to Rs 225 crore from Rs 123 crore in the year-ago period. Its net turnover was up 9.56 per cent at Rs 1,983 crore ... More

PHARMACEUTICALS


Zydus Cadila Q1 net rises 46 pc
CADILA Healthcare Ltd, popularly known as Zydus Cadila, has reported a 46-per cent increase in its first quarter net profit at Rs 47.9 crore from Rs 32.8 crore in the corresponding period in 2004-05. During the quarter ended June 30, 2005, the ... More

Dr Reddy's Labs Q1 net doubles
DR REDDY'S Laboratories Ltd has reported a growth of nine per cent in total revenues and 100 per cent growth in net profit for the first quarter of current fiscal ended June 30, 2005. According to the consolidated unaudited US GAAP financials ... More

GSK Pharma Q2 net up 41 pc
GLAXOSMITHKLINE Pharmaceuticals Ltd has recovered from the value-added tax (VAT) related uncertainties. The company has posted a 29-per cent growth in sales for the three months ended June 30, 2005, off-setting the sales decline of 23 per cent ... More

PERSONAL PRODUCTS


Dabur India Q1 net up 40.5 pc
DABUR India Ltd (DIL) on Tuesday announced 40.5 per cent increase in net profit for the first quarter ended June 30, 2005 at Rs 28.84 crore on 4.7 per cent higher turnover at Rs 299.3 crore. For the consolidated entity (which includes DIL, ... More

HCV/LCV/TRACTORS


Ashok Leyland's net profit zooms 88%
AIDED by a 20 per cent increase in sales volume and the benefit turnover from the recently acquired Ductron Castings, Ashok Leyland achieved an 88-per cent growth in net profit for the current year over the same period last year. The company's ... More

TWO/THREE WHEELERS


TVS Motor Q1 net slides to Rs 36.08 cr
TVS Motor Company has reported a lower net profit of Rs 36.08 crore for the quarter ended June 30, compared with Rs 42.01 crore in the corresponding quarter of last year. This was despite a 20 per cent rise in turnover to Rs 735 crore from Rs ... More

GEMS & JEWELLERY


Su-Raj Diamonds net up
MUMBAI: Su-Raj Diamonds and Jewellery Ltd has reported net income of Rs 268.38 crore for the first quarter ended June from Rs 251.2 crore during the corresponding period last year. Net profit stood at Rs 7.52 crore for the current ... More

SOFTWARE


NIIT Tech Q1 net up 6 pc
NIIT Technologies Ltd (NTL) has posted a six per cent rise in its consolidated net profit at Rs 14 crore for the first quarter ended June 2005 against Rs 13.20 crore in corresponding period previous year. "The growth is owing to our strategy of ... More

GLASS


Asahi net jumps 19 pc
NEW DELHI: Asahi India Glass on Tuesday announced a jump of 19 per cent in its net profit to Rs 16.39 crore for the first quarter ended June 30 of the current fiscal from Rs 13.73 crore for the same period last year. The net sales of ... More

HEALTHCARE PRODUCTS


Opto Circuits reports 47 pc rise in Q1 profits
OPTO Circuits (India) Ltd (OCIL), manufacturer of non-invasive healthcare equipment, recorded a 45 per cent increase in its turnover at Rs 19.26 crore during the first quarter of the current fiscal 2005-06. Its profits for the period showed an ... More

PRIVATE BANKS


Kotak Mahindra Bank net slips to Rs 20 cr
KOTAK Mahindra Bank announced stand alone net profit for the quarter ended June 30, 2005 at Rs 19.67 crore, down from Rs 22.06 crore in the corresponding quarter last year due to fall in profit on sale of investments. A press release from the ... More

BEARINGS, CASTINGS & FORGINGS


Ennore Foundries Q1 sales up 40 pc
ENNORE Foundries has reported 40 per cent increase in sales in the first quarter of the current year compared to the same quarter last year. The company's turnover increased to Rs 78.24 crore from Rs 55.89 crore earlier. The results include the ... More


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Jul. 17-Jul. 23
Food & beverage income pushes IHCL net up by 164 pc


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