Financial Daily from THE HINDU group of publications
Friday, October 28, 2005
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CORPORATE RESULTS

DIVERSIFIED


Reliance scores high on sales — Q2 net up 41.6% at Rs 2,481 cr
RELIANCE Industries Ltd has registered a 41.6-per cent rise in its net profit for the quarter ended September 30, at Rs 2,481 crore against Rs 1,752 crore a year ago. The rise in profits came mainly on the strength of higher sales at Rs 20,717 ... More

Aditya Birla Nuvo Q2 net up 56 pc
INDIAN Rayon and Industries Ltd, rechristened as Aditya Birla Nuvo Ltd, reported a 56 per cent increase in its second quarter net profit at Rs 38.59 crore from Rs 24.67 crore in the year-ago period. Turnover grew by 20.8 per cent to Rs 563.04 ... More

TELECOMMUNICATIONS


Bharti Tele consolidated profit rises 43 pc in Q2
TELECOM major Bharti Tele-Ventures Ltd today reported a 43-per cent jump in its consolidated net profit at Rs 521 crore for the second quarter ended September 30, 2005 compared to a profit of Rs 364 crore during the same period last year. The ... More

CONSUMER ELECTRONICS


BPL net loss at Rs 34.76 crore
BPL Ltd has reported a net loss of Rs 34.76 crore in the second quarter of fiscal 2005-06, on gross sales of Rs 34.71 crore. Operating losses were at Rs 13.91 crore. Gross sales were Rs 64.45 crore in the corresponding period during 2004-05 ... More

FERTILISERS


MCF profit up at Rs 25.2 cr
MANGALORE: Mangalore Chemicals and Fertilizers (MCF) Ltd, a UB group company, has reported a profit before tax (PBT) of Rs 25.2 crore in the first six months of the current financial year against Rs 15.65 crore in the corresponding period ... More

HOTELS


EIH sees jump in profits as tourist inflow rises
HOTEL stocks today finished in the green on indications of a burgeoning tourist traffic, particularly foreign business travellers. The Q2 results of EIH Ltd today sent out a confirmatory signal that profitability would significantly grow this ... More

PETROLEUM


GAIL net rises 70 pc at Rs 774 cr in Q2
GAIL (India) has announced a 70 per cent increase in net profit for the second quarter of the current financial year. The company's profit after tax (PAT) stood at Rs 774 crore, up from Rs 456 crore recorded in the corresponding quarter of the ... More

PHARMACEUTICALS


Indoco Q1 net up 17 pc
A HEALTHY sales in the domestic market and exports have combined to boost the bottomline of Indoco Remedies Ltd by 17.4 per cent for the three-month period ended September 2005. Indoco posted a net profit of Rs 6.42 crore for the first quarter ... More

Matrix Labs clocks 73 pc rise in Q2 consolidated net
MATRIX Laboratories Ltd has said that it recorded growth of 88.92 per cent in net sales and 72.74 per cent in net profit on a consolidated basis for the second quarter of the current fiscal ended September 2005. The net profit stood at Rs ... More

Cipla Q2 net rises 28 pc
MUMBAI: Cipla has posted a net profit of Rs 122.6 crore for the quarter ended September 30, 2005, up 28 per cent, compared to Rs 95.8 crore for the three-month period ended September 30, 2004. Total income (net of excise) has increased ... More

POWER


CESC net up at Rs 98 cr
KOLKATA: CESC Ltd has recorded a total income of Rs 1,376 crore during the six months ended September 2005, compared with Rs 1,250 crore during the corresponding previous period. The profit before tax during the period went up to Rs 108 ... More

SHIPPING


GE Shipping posts 6 pc rise in Q2 net
DESPITE a fall in the global spot freight rates, Great Eastern Shipping reported a six per cent increase in net profit in the second quarter of the current fiscal to touch Rs 177.45 crore against Rs 167.18 crore in the corresponding quarter of ... More

Essar Shipping Q2 net down at Rs 12.34 cr
ESSAR Shipping Ltd (ESL) has registered a decrease in net profit for the second quarter of the current fiscal to touch Rs 12.34 crore against Rs 30.89 crore in the corresponding quarter of last year. The company's income also fell to Rs 156.23 ... More

STEEL


SAIL Q2 net down 26 pc at Rs 1,127 cr
STEEL Authority of India Ltd (SAIL) has announced a 25.53 per cent dip in net profit at Rs 1,127 crore during the second quarter of the current fiscal, as against a net of Rs 1,513 crore during the corresponding period last fiscal. The steel ... More

TEXTILES


Raymond Q2 net up 15 pc
RAYMOND Ltd's net profit for the quarter ended September 30, 2005, rose 15 per cent to Rs 36.83 crore over Rs 32.04 crore in the year-ago period . Its net sales rose to Rs 349.88 crore (Rs 338.73 crore). Other income moved up to Rs 23.13 crore ... More

Rajasthan Spinning Q2 net rises 43.5 pc
RAJASTHAN Spinning and Weaving Mills Ltd has announced a 43.5 per cent increase in its profit to Rs 6.1 crore for the second quarter ended September 30, 2005. The revenues for the quarter increased by 16.1 per cent to Rs 203.9 crore. ... More

BREWERIES


Radico Khaitan net profit jumps 39 pc
WITH prices of key raw materials easing, liquor major Radico Khaitan's net profit jumped by 39 per cent to Rs 8.63 crore in the second quarter of the fiscal from Rs 6.21 crore in the same quarter last year. The sales turnover was Rs 275.44 ... More

McDowell profit up 35 pc
BANGALORE: McDowell & Co has reported pre-tax profits of Rs 11.11 crore in the second quarter of this fiscal, up by 35 per cent over the corresponding period last year (Rs 7.89 crore) The earnings before interest, taxes, depreciation, ... More

PERSONAL PRODUCTS


Gillette net up 24 pc
NEW DELHI: Gillette India has posted a 23.9 per cent increase in net profit to Rs 19.33 crore for the quarter ended September 30 as compared to Rs 15.60 crore for the same quarter in the last fiscal. The company's total income (net of ... More

Emami net rises to Rs 6.77 cr
KOLKATA: Emami Ltd, the personal and healthcare products major, for the second quarter ended September 30, 2005, has recorded an increase in profit after tax at Rs 6.77 crore, up from the Rs 4.55 crore achieved in the same quarter last ... More

TWO/THREE WHEELERS


TVS Motors Q2 net declines 6.7 pc
TVS Motor Company has clocked 6.7 per cent fall in post-tax profit for the second quarter at Rs 31.95 crore compared to Rs 34.24 crore in the same quarter last year. However, turnover at Rs 815.36 crore was higher by 8.5 per cent compared to Rs ... More

AIR-CONDITIONERS & REFRIGERATORS


Jump in Voltas Q2 net
MUMBAI: Voltas Ltd has reported a 239 per cent increase in its second quarter net profit at Rs 18.85 crore against Rs 5.56 crore in the year-ago period. A strong growth in the electro-mechanical projects and services segment, engineering ... More

HARDWARE


Moser Baer Q2 net plummets 82 pc
MOSER Baer India today posted a steep decline in net profit for second quarter ended September 2005 at Rs 3.08 crore from Rs 17.5 crore in the corresponding previous period. However, the company has shown substantial improvement over the first ... More

SOFTWARE


KLG Systel Q2 profit up 73 pc
KLG Systel, software development and organisation lifecycle solutions company, has announced a 73 per cent increase in net profit at Rs 119.3 lakh for the second quarter ended September 30 compared to Rs 69.12 lakh in the corresponding period ... More

Patni Q3 net down 24 pc
PATNI Computer Systems has reported a 24 per cent drop in net profit for the third quarter ended September 30, 2005 on a 27 per cent higher total income. Net profit declined to Rs 52.8 crore from Rs 69.8 crore. Total income amounted to Rs ... More

NIIT Q2 net rises 12 pc
NIIT Ltd has registered a 12 per cent rise in its net profit for the second quarter ended September 2005 to Rs 13.2 crore compared with Rs 11.8 crore in the year-ago period. Its global system-wide revenues increased 12 per cent to Rs 208.5 ... More

DAIRY & DAIRY PRODUCTS


Heritage Foods net up
HYDERABAD: Heritage Foods (India) Ltd has recorded a total income of Rs 77.37 crore and a net profit of Rs 2.82 crore for the quarter ended September 30, 2005, against a total income of Rs 73.30 crore and a net profit of Rs 1.34 crore for ... More

COFFEE


CCL net rises to Rs 15 cr
HYDERABAD: The CCL Products (India) Ltd (formerly Continental Coffee Ltd) has registered a turnover of Rs 58.34 crore during the half-year period ended on September 30, 2005, as against Rs 40.09 crore in the same period last year, showing ... More

PRIVATE BANKS


Higher income lifts Kotak Mahindra net
HIGHER income (including from investments) enabled Kotak Mahindra Bank report a 51 per cent rise in the second quarter net profit at Rs 31.2 crore from Rs 20.7 crore in the corresponding year-ago period. Total income increased to Rs 235.85 ... More

Karnataka Bank Q2 net up 34 pc
KARNATAKA Bank Ltd has registered net profit of Rs 41.81 crore for the second quarter of the current fiscal against Rs 31.28 crore in the corresponding previous period, recording growth of 33.66 per cent. A bank release said on Thursday that ... More

Karur Vysya Q2 net up 35 pc
KARUR Vysya Bank's net profit during the second quarter of the current fiscal rose 34.54 per cent to reach Rs 27.5 crore against Rs 20.44 crore in the corresponding quarter of the earlier fiscal. The total interest income increased to Rs ... More

PUBLIC SECTOR BANKS


Lower trading gains weigh on SBI numbers — Q2 net rises 12 pc
STATE Bank of India has reported 12.34 per cent rise in net profit at Rs 1,215.36 crore in the quarter ended September 30 against Rs 1,081.89 crore in the corresponding year-ago period. The net profit was hit due to a fall in income from trading ... More

Syndicate Bank net leaps 132 pc in Q2
SYNDICATE Bank has reported net profit of Rs 175.19 crore for the second quarter of this financial year, a 132 per cent increase over the corresponding period of the last financial year. The Chairman and Managing Director, Mr N. Kanta Kumar, ... More

ROADWAYS


TCI net jumps 33 pc
NEW DELHI: Transport Corporation of India (TCI) has registered a 33 per cent jump in its net profits at Rs 3.7 crore in the second quarter ended September 30, as compared to Rs 2.78 crore in the same period last year. The net sales of ... More



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Oct. 16-Oct. 22
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