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Thursday, July 15, 2004

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CORPORATE RESULTS

HOTELS
ITC Hotels Q1 net up at Rs 6.92 crore
ITC Hotels has recorded a net profit of Rs 6.92 crore during the first quarter ended June 30 this year, up from Rs 0.59 crore recorded during the same period in the previous year. In a statement, ITC Hotels has said that the total income ... More

AUTOMOBILE COMPONENTS
Exide Q1 net profit up at Rs 18.4 cr
EXIDE on Wednesday announced that its net sales grew by 20 per cent and the operating profit by 28 per cent during the first quarter ended on June 30, 2004. The unaudited results, which was taken record of by the company's board here,showed ... More

TWO/THREE WHEELERS
Hero Honda Q1 net up 20%
TWO-WHEELER manufacturer, Hero Honda has recorded a 28 per cent increase in total income in the first quarter of the current fiscal. The company's total income was at Rs 1,745 crore during the period in comparison to Rs 1,360 crore in the same ... More

SOFTWARE
Mastek Q4 net up at Rs 6.87 cr
MASTEK Ltd has reported a marginal increase in net profit at Rs 6.87 crore for the fourth quarter ended June 30, 2004, over the net profit of Rs. 6.73 crore reported during the corresponding quarter of the previous year. Total income rose to Rs ... More

iGATE posts Q1 net of Rs 11 lakh
IGATE Global Solutions Ltd, has posted, on consolidated basis, a net profit of Rs 11 lakh (after minority interest) for the quarter ended June, compared to Rs 7.71 crore during the corresponding previous quarter. Total income for the period ... More

BIO-TECH & GENETICS
Biocon Q1 net doubles on statin exports
BIOCON Ltd on Wednesday announced that its net profit for the April-June 2004 quarter has more than doubled to Rs 48.6 crore over last year's first quarter. The net grew 112 per cent and total income was up 65 per cent to Rs 177.9 crore over the ... More

PRIVATE BANKS
HDFC Bank net rises despite loss in portfolio valuation
DESPITE loss on valuation of investments, HDFC Bank has registered an over 30 per cent jump in net profit for the first quarter ended June 30, 2004, at Rs 139.97 crore, up from Rs 107.28 crore in the same period the previous year. Net interest ... More

UTI Bank net up by 35 pc
DESPITE a steep fall in trading income, UTI Bank has posted an over 35 per cent jump in net profit for the first quarter ended June 30, 2004, at Rs 70.67 crore up from Rs 52.18 crore in the corresponding period of the previous year. While net ... More




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