Financial Daily from THE HINDU group of publications
Tuesday, November 01, 2005
Markets (October 31)
BL 2502225.24 (+47.73)
BSE Sensex7892.32(+206.68)
S&P CNX Nifty2370.75 (+54.90)
US Dollar (Buy/Sell)45.10/45.23
Gold Std (10 gm)6965 (-5)


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CORPORATE RESULTS

TELECOMMUNICATIONS


Goldstone Tele Q2 income, net up
HYDERABAD: Goldstone Teleservices Ltd has recorded a total income of Rs 6.68 crore and a net profit of Rs 0.46 crore for the second quarter ended September 30, 2005 against a total income of Rs 2.8 crore and a net profit of Rs 0.15 crore ... More

CEMENT


Visaka Industries net rises 73%
VISAKA Industries Ltd (VIL) has reported a growth of 41.67 per cent in net sales income and 73 per cent in post-tax profit for the second quarter of current fiscal ended September 2005. As per the unaudited financial results, the company ... More

PETROLEUM


Assam Co strikes oil in Amguri
The Assam Co Additional Vice-Chairman, Mr Aditya K. Jajodia, said the company had so far invested Rs 20 crore towards oil exploration and will participate in the next round of NELP. More

PHARMACEUTICALS


Glenmark Q2 net dips on Mumbai floods
Due to July's floods in Mumbai, the company's ability to replenish the stocks of its channel partners was severely affected during the last quarter. More

SHIPPING


Bharati Shipyard net up 123 pc
MUMBAI: Bharati Shipyard has reported a 123 per cent increase in net profit (excluding subsidy) to touch Rs 7.89 crore (Rs 3.54 crore). The turnover was up 75 per cent at Rs 71.83 crore (Rs 41.12 crore). The company's current order book ... More

STEEL


Jindal Steel Q2 net up 18 pc at Rs 145.53 cr
NEW DELHI: Jindal Steel & Power Ltd announced an 18 per cent increase in its net profit at Rs 145.53 crore for the second quarter this fiscal against Rs 123.49 crore in the year-ago period. The company reported a 24 per cent rise in Q2 ... More

TYRES


Apollo Tyres sales, profit up
NEW DELHI: Apollo Tyres Ltd on Monday declared a 25.48 per cent increase in net profit at Rs 18.66 crore for the quarter ended September 30, against Rs 14.87 crore in the year-ago period. Net sales increased by 24 per cent to Rs 632.7 ... More

PERSONAL PRODUCTS


HLL posts 15 pc rise in net on higher sales — Home and personal care segment drives growth
HINDUSTAN Lever Ltd (HLL) today reported a 15.18 per cent growth in profit after tax for the quarter ended September 30, 2005, to Rs 325.35 crore from the previous corresponding Rs 282.47 crore. After providing for exceptional items, the same ... More

HLL: Q3 numbers signal newfound aggression
A SURGE in consumer spending and a pepped-up brand portfolio have helped Hindustan Lever better street expectations with its numbers for the September quarter. The 14 per cent sales growth is impressive; it beats the growth rates achieved by ... More

AIR-CONDITIONERS & REFRIGERATORS


Blue Star Q2 net up 32 pc at Rs 11.59 cr
MUMBAI: Blue Star has reported a 32 per cent increase in its second quarter net profit at Rs 11.59 crore (Rs 8.75 crore). Earnings per share increased to Rs 6.44 from Rs 4.86. Total income during the quarter grew by 36 per cent to Rs ... More

REAL ESTATE & CONSTRUCTION


Simplex Concrete Q2 net zooms
KOLKATA: Simplex Concrete Piles (India) Ltd, which is being renamed as Simplex Infrastructure Ltd, has registered a 526.57 per cent growth in net profit in the second quarter of 2005-06. Net profit jumped to Rs 8.96 crore (Rs 1.43 ... More

Ansal Properties net rises
NEW DELHI: Ansal Properties and Infrastructure Ltd (APIL) has posted a rise in its net profit for the quarter ended on September 2005 to Rs 7.06 crore (Rs 0.81 crore). Income from operation and other income recorded a jump of about 90 per ... More

SOFTWARE


Megasoft revenue, net up
HYDERABAD: The Megasoft group has recorded revenues of Rs 29.76 crore and net profit of Rs 6.13 crore for the third quarter ended September 30, 2005 against revenues of Rs 22.21 crore and net profit of Rs 2.59 crore for the corresponding ... More

Rolta Q2 net up 26.1 pc
MUMBAI: Rolta India, a CAD/CAM/GIS solutions and services provider, has announced a 26.1 per cent growth in net profit for the second quarter ended September 30, 2005. The Q2 net profit amounted to Rs 31.68 crore (Rs 25.12 crore.) ... More

Scandent Solutions Q2 net up 16.4%
BANGALORE: Scandent Solutions has reported a 16.36-per cent rise in net profit and a 19-per cent growth in revenues for the second quarter ended September 2005, over the corresponding period last year on a consolidated basis. Scandent's ... More

Cognizant revenue, net up
CHENNAI: Cognizant Technology Solutions on Monday reported a rise of 56 per cent in net profit to $40.6 million for the quarter ended September 2005 compared to $26.05 million for the corresponding period in the previous year. Revenues ... More

Goldstone Tech posts loss in Q2
HYDERABAD: Goldstone Technologies Ltd has recorded a total income of Rs 8.42 crore and a loss of Rs 0.52 crore for the second quarter ended September 30, against a total income of Rs 18.34 crore and a net profit of Rs 1.38 crore in the ... More

NBFCS


Magma Leasing net profit rises 37% to Rs 6.51 cr
MAGMA Leasing Ltd, an NBFC with 63 branches across the country, for the quarter ended September 30, 2005, has recorded a 37 per cent increase in profit after tax at Rs 6.51 crore against Rs 4.74 crore in the year-ago period. The Q2 ... More

CERAMICS


Hind Sanitaryware Q2 net up at Rs 6.92 cr
HINDUSTAN Sanitaryware and Industries Ltd has registered an increase in net profit after tax for the second quarter ended September 2005 to Rs 6.92 crore against Rs 2.90 crore in the corresponding period previous year. The gross sales increased ... More

PAINTS


Berger Paints Q2 net up 72 pc
KOLKATA: Berger Paints has recorded a 72 per cent rise in net profit for the second quarter ended September 2005. The board of directors will meet on November 7 to decide on the payment of interim dividend, according to a company ... More

GLASS


Asahi India Q2 net dips 97.33 pc
NEW DELHI: Hit by floods in Western India, which had impacted operations at its plant located in Maharashtra, Asahi India Glass Ltd registered a 97.33 per cent drop in its net profit in the second quarter of this fiscal to Rs 51 lakh from ... More

TRADING


Usha International Q2 net up 56.25 pc
NEW DELHI: Usha International Ltd, a Siddharth Shriram group company, has announced a 56.25 per cent increase in net profit at Rs 75 lakh for the second quarter of the current financial year (Rs 48 lakh). Net sales saw a jump of 13.75 ... More

PUBLIC SECTOR BANKS


UCO Bank H1 net dives to Rs 143 crore
UCO Bank has reported a net profit of Rs 143 crore for the first half of 2005-06, a whopping Rs 140-crore decline when compared to that in the corresponding period of the previous year. The bank's year-on-year operating profit dropped by over ... More



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