• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi , Oct. 26

ICI India Ltd has reported a net profit of Rs 20.57 crore for the quarter ended September 30, as against Rs 15.44 crore for the corresponding quarter last year.

Total income (net of excise) stood at Rs 247.69 crore (Rs 231.95 crore). The company said that the figures for second quarter of 2006-07 were not comparable with those for Q2 of the previous fiscal on account of changes in business portfolio such as the divestment of rubber chemicals business in December 2005 and exclusion of Uniqema business results from the results of September 2, 2006.

At a board meeting on Thursday, the board of directors has recommended a proposal to merge ICI India's subsidiary Quest International India Ltd with the company, subject to necessary approvals, the company said in a release here.

More Stories on : Paints

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Reliance Capital net rises 18 pc

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line