Financial Daily from THE HINDU group of publications
Saturday, Jan 28, 2006
Financial Daily from THE HINDU group of publications Saturday, Jan 28, 2006 |
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Corporate Results
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Petroleum Gulf Oil Q3 net flat at Rs 5.1 cr Our Bureau
Hyderabad , Jan. 27 GULF Oil Corporation Ltd, a Hinduja Group company, has posted a marginal growth in net profit at Rs 5.1 crore (Rs 5.03 crore) for the third quarter of current fiscal ended December 2005, despite a fall in turnover at Rs 115.15 crore (Rs 127.63 crore). For the nine months period, the company could improve its net profit at Rs 18.76 crore (Rs 17.28 crore) on a turnover of Rs 334.62 crore (Rs 328.32 crore), yielding an EPS of Rs 13.53 (Rs 12.46). In a press release here, the company said the turnover of its lubricant division has fallen to Rs 57.74 crore from Rs 78.23 crore in the corresponding quarter of previous fiscal. The explosives division posted a growth in turnover at Rs 32.23 crore (Rs 25.02 crore), while contracts division posted an increased turnover of Rs 20.3 crore (Rs 15.04 crore).
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