CORPORATE RESULTS
AIRLINES
Emirates Group nets record profit of Dhs 1.75 billion
THE Emirates Group has announced a record net profit of Dhs 1.75 billion ($476 million) for the financial year 2003-04 ending March 31. This represents a 67 per cent improvement over last year's net profit. The ...
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CEMENT
Grasim Q4 net rises to Rs 282 cr; to pay Rs 14
GRASIM Industries Ltd has reported a net profit of Rs 282 crore for the quarter ended March 31, 2004 against a net profit of Rs 170.6 crore for the corresponding previous period. Excluding `exceptional items' of Rs 168.6 crore (loss from sale ...
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CHEMICALS
Khaitan Chem out of the red
NEW DELHI: Khaitan Chemicals and Fertilisers Ltd has come out of the red during fiscal 2003-04 and has reported a profit after tax (PAT) of Rs 6.53 crore as against a loss of Rs 0.93 crore during fiscal 2002-03. The company has recommended ...
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PETROCHEMICALS
IPCL net up at Rs 99 cr; to pay Rs 2.50 dividend
INDIAN Petrochemicals Corporation Ltd (IPCL) has posted a net profit of Rs 99 crore for the quarter ended March 31, 2004, against Rs 90 crore registered during the corresponding quarter of last fiscal. The total income during the quarter was Rs ...
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PHARMACEUTICALS
Lupin posts Rs 95 cr net
LUPIN Ltd has posted a net profit of Rs 26.13 crore for the quarter ended March 31, 2004, compared to Rs 2.28 crore for the quarter ended March 31, 2003. The total income (net of excise) has increased from Rs 249.77 crore in the quarter under ...
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Aventis net at Rs 32 cr
PERSONAL PRODUCTS
Godrej Consumer PAT up 21 pc
MUMBAI: Strong growth in brand sales and improvement in operating efficiencies have helped Godrej Consumer Products Ltd (GCPL) to report a 21 per cent increase in profit after tax at Rs 65 crore for the year ended March 2004. The board ...
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RADIO/TV
TV-18 net up 105 pc
GEMS & JEWELLERY
SB&T Intl net up
MUMBAI: SB&T International Ltd, jewellery manufacturer and exporter, reported a consolidated net profit of Rs 9.04 crore for the year ended March 2004 as compared to Rs 8.42 crore in the earlier year. Total income was up to Rs 171.56 ...
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SOFTWARE
Patni posts 36% rise in Q1 net
PATNI Computer Systems has reported a 36.09 per cent increase in its consolidated net profit for the first quarter ended March 31, 2004, the appreciating rupee reducing its dollar earnings growth from the level of 49 per cent. Net profit for ...
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KPIT Info Q4 net doubles
ACQUISITION of Panex Consulting, an increase in net profit and a jump in total income is how the Pune-based KPIT Infosystems Ltd has completed the fiscal year 2003-04. It has also recorded a net profit of Rs 4.59 crore for the quarter ended March ...
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Infotech revenue up 16 pc, net dips
INFOTECH Enterprises recorded revenues of Rs 187.47 crore during 2003-2004, a 16.2 per cent increase over the Rs 161.30-crore in the previous fiscal. The profit after tax was down at Rs 9.01 crore compared to Rs 14.91 crore in the previous ...
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LEATHER
Bata India Q1 loss up at Rs 14.6 cr
BATA India Ltd has recorded a higher net loss of Rs 14.6 crore for the quarter ended March 31, 2004, up from Rs 6.57 crore during the corresponding previous period. Sales turnover, however, was higher at Rs 162.86 crore (Rs 153.35 crore). ...
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PAPER, BOARD & NEWSPRINT
Hind Paper PBT up at Rs 51 cr
KOLKATA: Riding on a conducive market situation, the state-owned Hindustan Paper Corporation (HPC) has been able to surpass all its previous production and sales records. Even so, the corporation's turnover, although higher than last ...
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PACKAGING
Essel Propack posts 10 pc rise in Q1 net
ESSEL Propack has reported a 10 per cent increase in its first quarter net profit at Rs 18 crore against Rs 16.3 crore in the year-ago period. Sales moved up to Rs 152.1 crore from Rs 118 crore in the year-ago period. The increase was mainly ...
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RETAILING
Shopper's Stop net up at Rs 12.02 cr
MUMBAI: Shopper's Stop reported net profit of Rs 12.02 crore for the year ended March 31, 2004, over Rs 10.62 crore in the year ago period. According to the company press release, gross retail turnover rose 33 per cent to Rs 404.42 ...
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