Financial Daily from THE HINDU group of publications
Wednesday, October 26, 2005
Markets (October 25)
BSE Sensex7991.74 (+70.94)
S&P CNX Nifty2418.20 (+23.35)
US Dollar (Buy/Sell)45.02/45.15
Gold Std (10 gm)6885 (+25)


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CORPORATE RESULTS

SOAPS & DETERGENTS


Nirma Ltd profit soars
AHMEDABAD: Nirma Ltd has announced a net profit of Rs. 99.2 crore for the quarter ended September 2005 as against Rs. 45.46 crore in the previous year. The company's turnover has increased from Rs 439.5 crore to Rs 486.6 crore in the ... More

DIVERSIFIED


Century Textiles sales up; rains dent bottomline
UNPRECEDENTED rains in July in and around Mumbai affected operations at Century Textiles and Industries Ltd's Rayon, Tyre Cord and Chemical plants, resulting in loss of production and expenditure for repairs and re-commissioning of these plants. ... More

ENGINEERING


ABB India Q3 net up 47 pc
ABB India reported a 47 per cent increase in its net profit at Rs 52.9 crore for the quarter ended September 30 as compared with the same quarter in 2004. Revenue grew by 25 per cent to Rs 719.93 crore for the period, as compared to the previous ... More

Patel Engineering posts 65.51% rise in profit
MUMBAI: Patel Engineering Ltd has posted a 65.51 per cent rise in net profit for the second quarter of the current fiscal to touch the Rs 12.54 crore mark, as against Rs 7.57 crore in the corresponding quarter of last fiscal. During the ... More

FERTILISERS


Tata Chem net profit rises 44 pc on increased sales
TATA Chemicals Ltd (TCL) on Tuesday reported a 44.35 per cent rise in profit after tax for the quarter ended September 30, 2005, at Rs 125.86 crore against Rs 87.19 crore in the year-ago period. Net sales/income from operations moved up 36.69 ... More

PETROCHEMICALS


Extraordinary income boosts IPCL Q2 net by 119 pc
INDIAN Petrochemicals Corporation Ltd (IPCL) has registered a 119 per cent increase in net profit at Rs 303 crore for the second quarter of of this financial year, compared to Rs 138 crore in the year-ago period. Profits moved up substantially ... More

PHARMACEUTICALS


JB Chem net profit up 12 pc
MUMBAI: The Mumbai-based JB Chemicals and Pharmaceuticals Ltd has posted a profit after tax of Rs 24.5 crore for the quarter ended September 30, 2005. This was up 12 per cent as compared to Rs 21.9 crore for the same period ended ... More

Aventis net up 17%
MUMBAI: Aventis Pharma Ltd has posted a net profit of Rs 49.7 crore for the quarter ended September 30, up 17 per cent compared to Rs 42.5 crore for the corresponding year-ago period. Total income (net of excise) has increased from Rs ... More

Elder Pharmaceuticals posts 19% rise in profits
MUMBAI: ELDER Pharmaceuticals Ltd has posted a 19 per cent growth in its net profit for the second quarter ended September 30, 2005. The company clocked a net profit of Rs 7.27 crore for the three months ended September 2005, as compared ... More

TEXTILES


Gokaldas H1 net up 22 pc at Rs 30 cr
GOKALDAS Exports Ltd has reported first-half profit after tax (PAT) of Rs 30.12 crore, recording 22 per cent growth over the corresponding previous period. The garment manufacturer and export major posted total revenue of Rs 427.44 crore, ... More

Moderate rise in Indo-Rama Textiles profit
NEW DELHI: Indo Rama Textiles Ltd has registered a net sales of Rs 87.45 crore for the quarter ended September 30, 2005, an increase from last year's Rs 85.74 crore. The net profit for the quarter too rose to Rs 2.02 crore (Rs 1.29 ... More

PERSONAL PRODUCTS


Marico consolidated net up at Rs 20 cr
MARICO Ltd has reported a 24 per cent increase in profit after tax at Rs 20.2 crore in its consolidated operations. The turnover, at Rs 277 crore, was up by 8.4 per cent over the year-ago period. The company said its high margin portfolio ... More

HCV/LCV/TRACTORS


Higher sales drive Tata Motors — Second-quarter net profit rises 9 pc
TATA Motors Ltd today reported a 9.27 per cent increase in profit after tax for the quarter ended September 30, 2005, to Rs 337.87 crore from the previous corresponding Rs 309.21 crore. Net sales/income from operations was up 15.34 per cent at ... More

SOFTWARE


HCL Tech net up 68 pc; keeps growth forecast
Large deal strategy pays off; $50-m clients in fold

HCL Technologies on Tuesday posted a 68.3-per cent increase in net income, excluding `other income' at Rs 152.1 crore in the quarter ended September 30 from Rs 90.4 crore in the year-ago period. It has stuck to its strong growth forecast as it ... More

BIO-TECH & GENETICS


Panacea Biotec Q2 net up 106 pc
PANACEA Biotec has registered a 106 per cent increase in net profit to Rs 22.87 crore for the second quarter ended September 30, 2005 compared to Rs 11.1 crore recorded in the corresponding quarter in the previous year. Net sales during the ... More

HOUSING FINANCE


HDFC net rises 20 pc in Q2
HOUSING Development Finance Corporation has reported a 20.5 per cent increase in net profit for the second quarter ended September 30, 2005. Net profit for the quarter was reported at Rs 298.98 crore against Rs 248.13 crore for the ... More

HEALTHCARE PRODUCTS


Procter & Gamble Q1 net declines 13%
PROCTER & Gamble Hygiene & Health Care (PGHH) Ltd has reported a 13 per cent decline in profit after tax at Rs 25.83 crore for the first quarter ended September 2005 against Rs 29.62 crore in the year-ago period. The company said this quarter More

PUBLIC SECTOR BANKS


SBT clocks net profit of Rs 104 cr in H1
STATE Bank of Travancore (SBT) has posted a net profit of Rs 103.88 crore during the first six months ended September 30, 2005. The net interest income during the period went up by 12.76 per cent to reach Rs 467.12 crore as against Rs 414.27 ... More

ISPS


VSNL posts flat growth in Q2
VIDESH Sanchar Nigam Ltd has announced a near flat growth of 3.2 per cent in net profit for the second quarter ended September 30, 2005. This was due to a modest increase in sales resulting from fall in tariffs, more than corresponding ... More



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In Depth

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Looking back
Oct. 16-Oct. 22
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