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Thursday, October 19, 2006
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CORPORATE RESULTS

CEMENT
Grasim Q2 net up 80 pc on better realisations
Grasim Industries Ltd said net profit rose by 80 per cent for the second quarter ended September 30, citing better realisations from its cement and viscose staple fibre businesses. Net profit for the quarter amounted to Rs 337.8 crore, against ... More

FERTILISERS
Coromandel Fert net rises marginally
Coromandel Fertilisers Ltd (CFL) has registered marginal growth in turnover and net profit for the second quarter ended September 30, for the financial year 2006-07. The company plans to raise Rs 230 crore to fund its expansion plans. As per ... More

PHARMACEUTICALS
Nicholas Piramal net rises 22 pc
Total income up 21 pc at Rs 443 cr More

Marginal rise in Biocon net
`Research services, biopharmaceuticals to be drivers of growth' More

Jubilant Q2 net doubles
Jubilant Organosys Ltd has reported a profit after tax of Rs 54.4 crore for the second quarter as against Rs 23.6 crore in the corresponding quarter last fiscal marking an improvement of 131 per cent. Sales increased by 41 per ... More

PLASTICS
Finolex Cables Q2 net rises 64 pc
Finolex Cables Ltd has recorded net sales of Rs 276.10 crore for the second quarter of the current fiscal against Rs 168.12 crore for the corresponding period last year, a growth of 64 percent. Sales for the first half of the ... More

STEEL
Kamdhenu Ispat net trebles
Kamdhenu Ispat Ltd has reported a 214 per cent increase in net profit to Rs 2.81 crore for the July-September quarter as against Rs 0.89 crore in the same quarter last fiscal. The company's total income during the period stood at ... More

Bhushan Steel Q2 net zooms
Bhushan Steel & Strips Ltd, secondary steel and auto-grade steel producer, has reported a 371 per cent increase in net profit for the second quarter of the current fiscal at Rs 69.59 crore compared with Rs 14.77 crore posted during the ... More

TEXTILES
JBF net up at Rs 22.37 cr
MUMBAI: JBF Industries, a manufacturer of polyester yarn, has posted a net profit of Rs 22.37 crore for the quarter ended September 30, 2006 against Rs 10.10 crore for the previous year period. Net sales rose to Rs 301.86 crore (Rs 178.10 ... More

PERSONAL PRODUCTS
Marico Q2 net rises to Rs 27 cr
To pay 15 pc second interim More

AUTOMOBILE COMPONENTS
Shanthi Gears net up 43 pc
The focus on a right product mix has helped the Coimbatore-based industrial gear manufacturer Shanthi Gears Ltd (SGL) to achieve a near 30 per cent increase in net sales and 43.45 per cent increase in net profit in the second quarter of the ... More

TWO/THREE WHEELERS
Bajaj Auto net rises to Rs 317.5 cr in 2nd quarter
Motorcycle sales up 40 pc; upgrades of Pulsar in Q3 More

ELECTRICAL GOODS
Exide net up 50 pc in Q2
Exide Industries has posted 50 per cent growth in net profit to Rs 43.7 crore during the second quarter of 2006-07 against Rs 29 crore recorded during the corresponding period of the previous year. Net sales turnover increased by 34 per cent from ... More

GEMS & JEWELLERY
Titan Ind Q2 net up 56 pc
Titan Industries has posted a 56.21 per cent rise in net profit for the second quarter ended September 30, 2006 at Rs 32.18 crore compared with Rs 20.6 crore posted during the corresponding quarter of the previous fiscal. Total income for Q2 has ... More

HARDWARE
HCL Info net down
Information Technology solutions provider HCL Infosystems Ltd on Wednesday posted a decline of 13.47 per cent in net profit at Rs 25.74 crore for the quarter ended September 30, as compared to Rs 29.75 crore for the same period last year. ... More

SOFTWARE
Wipro net rises 46 pc on all-round growth
All-round growth across all business divisions helped Wipro Ltd to report 46 per cent growth in second quarter net profit, exceeding street expectations. The company reported net profit of Rs 700 crore on revenues of Rs 3,546 crore, which were ... More

Zensar net almost trebles
Zensar Technologies Ltd has recorded revenue of Rs 148.72 crore for the second quarter of the current fiscal, registering a year-on-year growth of 50 per cent. It had recorded Rs 99.35 crore for the corresponding period last year. Net proft ... More

Infotech posts higher Q2 revenue, net
Infotech Enterprises Ltd, has recorded consolidated total income of Rs 131.80 crore and a net profit of Rs 17.27 crore for the second quarter ended September 30, 2006 as against total income of Rs 83.07 crore and a net profit of Rs 9.6 crore for ... More

Tech Mahindra Q2 net profit up
Tech Mahindra has reported a consolidated net profit of Rs 177 crore for the second quarter of the current fiscal - five times the corresponding year-ago figure of Rs 37.4 crore, or 373 per cent higher. This is the company's ... More

ALUMINIUM
Hindalco Q2 net up 90% on higher consumption
Plans to invest Rs 20,000 crore in various expansion projects More

PRIVATE BANKS
ING Vysya net leaps 110 pc in Q2
ING-Vysya Bank Ltd reported a 110 per cent increase in its net profit at Rs 41.39 crore for the second quarter of the current financial year 2006-07. An ING-Vysya press release said here on Wednesday that the gross income during the current ... More

LVB posts profit of Rs 3.83 cr
Total income up by over 24 pc to Rs 117 cr More

Bank of Rajasthan net surges
Bank of Rajasthan Ltd has reported a net profit of Rs 55.23 crore for the quarter ended September 30 against Rs 5.25 crore in the corresponding quarter previous year, posting a 952 per cent growth. Total income of the bank has increased by 98 ... More

PUBLIC SECTOR BANKS
Higher income boosts Union Bank net 218 pc
Posts increase in interest income, recovery More

State Bank of Mysore Q2 net up
State Bank of Mysore reported a net profit of Rs 59.40 crore for the second quarter (Q2) of this financial year, 2006-07 (FY07), up a modest 15 per cent from the last year. A bank release said that the operating profits ,rose to Rs 106.78 crore ... More

Vijaya Bank Q2 net rises 36% on credit growth
Hopes to reach Rs 60,000-crore biz target More






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