CORPORATE RESULTS
DIVERSIFIED
Sponge iron unit drives Grasim net up 23 pc
AN impressive performance by its sponge iron business coupled with a general improvement in its other businesses has led Grasim report an increase of 23 per cent in net profit, at Rs 163.72 crore for the third quarter ended December 31, 2003. ...
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Siemens posts Rs 16.5-cr net profit in first quarter
SIEMENS has posted a net profit of Rs 16.5 crore for its 2003-04 first quarter (from October 1 to December 31, 2003) as against Rs 34.4 crore in the same period the previous year. Profit before tax for the quarter was Rs 23.7 crore (Rs 51.3 ...
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TELECOMMUNICATIONS
VSNL net jumps 121 pc in Q3
A ONE-TIME profit of Rs 94.1 crore from the sale of investment in Inmarsat Ventures Plc, a nearly halved provision for taxation as well as considerably lower current tax has enabled VSNL to report a 121 per cent increase in net profit, ...
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PHARMACEUTICALS
Strides Arcolab Q1 sales up 12.4 pc
STRIDES Arcolab has posted sales of Rs 55.40 crore during the first quarter ended December 2003, registering a 12.4-per cent growth over Rs 49.29 crore it made during the same quarter last year. Net profit has increased to Rs 3.69 crore ...
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POWER
Merged associates boost BSES net to Rs 93.30 cr
AMALGAMATION of Samalkot Power Station in Andhra Pradesh and Reliance Salgaocar Power Company with itself helped BSES Ltd on Wednesday report a six times jump in third quarter profit. For the quarter ended December 31, 2003, the Reliance ...
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PERSONAL PRODUCTS
Wipro Consumer earns higher revenues in Q3
AIDED by a good monsoon and strong rural demand, Wipro Ltd's Consumer Care and Lighting business has seen a 27 per cent growth in revenues for the quarter-ended December 31, 2003. Revenues from the consumer care and lighting division increased to ...
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Marico Q3 net rises to Rs 14.74 cr
MARICO Industries Ltd on Wednesday reported a rise in consolidated profit-after-tax for the quarter ended December 31, 2003 to Rs 14.74 crore as against the previous corresponding Rs 13.92 crore. Total revenues amounted to Rs 232.23 crore (Rs ...
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AUTOMOBILE COMPONENTS
Samkrg Pistons Q3 net up 63 pc
SAMKRG Pistons and Rings Ltd (SPRL) has announced that it has achieved an increase of 21 per cent in net sales and 63 per cent in net profit for the third quarter ended December 31. In a release, the company said that it has recorded net sales ...
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SOFTWARE
Wipro beats expectations; net up 19 pc at Rs 274 cr in Q3 — `Rupee appreciation putting pressure on profitability'
WIPRO Ltd overtook its guidance and market expectations to post its highest-ever quarterly profit of Rs 274 crore for the third quarter ended December 31, 2003 - a 19 per cent jump over the corresponding period's Rs 231 crore in the previous year ...
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iGATE net loss at Rs 2.65 cr; to acquire Symphoni Interactive
iGATE Global Solutions (IGS) on Monday reported a net loss of Rs 2.65 crore for the third quarter ended December 2003 as against a net profit of Rs 3.56 crore in the corresponding period last year. Revenues increased by 46.2 per cent at Rs ...
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eServe net higher at Rs 11.7 cr
MUMBAI: eServe International Ltd has posted a net profit of Rs 11.7 crore for the quarter-ended December 31, 2003 as compared to Rs 7.7 crore recorded during the corresponding period last year. The ITES firm's total income increased ...
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DAIRY & DAIRY PRODUCTS
Parrys Q3 net at Rs 4 lakh
PARRYS Confectionery Ltd has reported a net profit of Rs 4 lakh on a total income of Rs 25.27 crore for the three months ended December 31, 2003. During the corresponding period in the previous year, the company reported a net loss of Rs 1.12 ...
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COFFEE
Tata Coffee net, sales rise in Q3
TATA Coffee Ltd has reported an increase of 26 per cent in net profit and 11 per cent in sales for the quarter ended December 2003 compared with corresponding period last year. The company reported a net profit of Rs 4.31 crore on revenues of ...
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