Financial Daily from THE HINDU group of publications
Tuesday, January 24, 2006
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CORPORATE RESULTS

FINANCIAL SERVICES


Reliance Capital net zooms to Rs 65 cr
RELIANCE Capital Ltd has reported a 166 per cent increase in its third quarter net profit at Rs 64.98 crore compared to Rs 24.38 crore in the corresponding year-ago period. Total income during the quarter increased to Rs 82.82 crore from Rs ... More

PHARMACEUTICALS


Granules India Q3 net up 53%
GRANULES India Ltd, a Hyderabad-based pharmaceutical company, has announced a growth of 43 per cent in net sales and 53 per cent in net profit for the quarter ended December 2005. In a press release here, the company said it achieved a net ... More

STEEL


Tata Steel Q3 net down 15 pc due to rising input costs
TATA Steel Ltd reported a 15 per cent decline in its third quarter net profit at Rs 753.74 crore from Rs 890.51 crore in the year-ago period. Rising raw material costs, coupled with a fall in steel prices, eroded profits, analysts and company ... More

PERSONAL PRODUCTS


Emami Q3 net up 38 pc at Rs 19 cr
EMAMI Ltd, the personal and healthcare products company, has recorded a growth of around 38 per cent in net profit at Rs 19.09 crore for the third quarter ended December 31, 2005, against Rs 13.85 crore in the corresponding quarter of 2004-05. ... More

HARDWARE


SPEL Semiconductor net rises
CHENNAI: SPEL Semiconductor Ltd has reported a net profit of Rs 69.70 lakh on revenues of Rs 11.3 crore for the quarter ended December 31, 2005 compared with a net profit of Rs 27.70 lakh on revenues of Rs 8.59 crore for the corresponding ... More

PAPER, BOARD & NEWSPRINT


West Coast net up at Rs 10.56 cr
KOLKATA: West Coast Paper Mills Ltd (WCPMA) has been able to maintain the profitability in all the three quarters in the current fiscal following revision in the sale prices of paper/paperboard and duplex board in October and November ... More

COFFEE


Tata Coffee Q3 sales down 2.4 pc
SLUGGISH sales of instant coffee impacted Tata Coffee's earnings for the third quarter ended December 2005 compared to the corresponding quarter last year. Net sales for Q3 FY06 were down by 2.4 per cent to Rs 49 crore as against Rs 50.2 crore ... More

PUBLIC SECTOR BANKS


Canara Bank Q3 net rises 30 per cent — `Provisioning lowered profits'
CANARA Bank has reported a 30 per cent increase in net profit during the third quarter (Q3) of this financial year. The bank reported a net profit of Rs 356.29 crore during the quarter, up from Rs 273.98 crore in the same period last year. ... More

OBC net up 12 pc to Rs 143.42 cr
ORIENTAL Bank of Commerce (OBC) has recorded a net profit of Rs 143.42 crore for the quarter ended December 31, 2005, a 12.3 per cent increase over the net of Rs 127.70 crore during the corresponding period in the previous fiscal. Total income ... More

State Bank of Mysore third quarter net up 15 per cent at Rs 40 cr
STATE Bank of Mysore (SBM) has reported 15 per cent increase in net profit for the third quarter. An SBM release said that net profit stood at Rs 39.6 crore, up from Rs 34.38 crore during the corresponding previous period. Operating profit, ... More




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