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Saturday, July 24, 2004

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CORPORATE RESULTS

DIVERSIFIED
Tata Chem posts lower PAT at Rs 45.64 cr
TATA Chemicals Ltd on Friday reported a reduced profit after tax of Rs 45.64 crore for the quarter ended June 30 against Rs 48.81 crore in the previous corresponding period. Net sales/income from operations, however, increased to Rs 520.42 ... More

TELECOMMUNICATIONS
Bharti Q1 profit soars to Rs 296 cr
BHARTI Tele-Ventures' net profit for the first quarter ended June 2004 soared to Rs 296 crore compared to Rs 31 crore in the corresponding quarter last year. The telecom company's revenues touched Rs 1,705 crore, which is an increase of 65 per ... More

CEMENT
NCL net at Rs 2.37 cr
HYDERABAD: NCL Industries Ltd, engaged in the production of cement and allied products, has posted a turnover of Rs 23.27 crore and a net profit of Rs 2.37 crore during the first quarter of the current fiscal. In the corresponding ... More

FERTILISERS
Indo Gulf Q1 net drops 34% to Rs 8 crore
INDO GULF Fertilisers Ltd has ended the first quarter of 2004-2005 with a 34 per cent decline in its net profit at Rs 8 crore, against Rs 12.2 crore in the year-ago period. The company said the drop in profit was on account of lower other ... More

PHARMACEUTICALS
Natco Pharma Q1 net up at Rs 4.95 cr; firms up FCCBs
NATCO Pharma Ltd (NPL), the Hyderabad-based pharmaceutical major known for its timed release technology, has registered a growth of 30 per cent in turnover and over 100 per cent in net profit for the first quarter ended June 30. As per the ... More

Glenmark Q1 net up 163 pc
The company that specialises in the dermatology and respiratory segments closed its first quarter ended June 30 2004 with sales revenue of Rs 103.37 crore. Net profit for the quarter was Rs 10.23 crore, a growth of 163.61 per cent compared to ... More

GlaxoSmithKline Q2 net at Rs 18.58 crore
GLAXOSMITHKLINE Consumer Healthcare Ltd has recorded a net profit of Rs 18.58 crore for the quarter ended June 31, 2004. This is down 16.61 per cent from a profit after tax of Rs 22.28 crore for the quarter ended June 31, 2003. The company's ... More

Cipla net climbs 18%
MUMBAI: Cipla Ltd has posted a net profit of Rs 79.26 crore for the quarter ended June 30, 2004, an 18 per cent jump from Rs 67.2 crore that was clocked in the same quarter ended June 30, 2003. Total income has increased from Rs 460.91 ... More

TEXTILES
Bombay Dyeing net, turnover up
BOMBAY Dyeing and Manufacturing Company has reported a net profit of Rs 6.73 crore, for the first quarter ended June 30, 2004, 40 per cent higher than Rs 4.82 crore last year. The company's first quarter turnover jumped almost 25 per cent to Rs ... More

HCV/LCV/TRACTORS
BEML posts Rs 5.2-cr net
BANGALORE: Bharat Earth Movers Ltd has shown a net profit of Rs 5.19 crore for the first quarter ended June this year. It had reported a net loss of Rs 16.98 crore for the same quarter last fiscal. Profit before tax for the period was Rs ... More

REAL ESTATE & CONSTRUCTION
HCC net increases 29 pc
MUMBAI: Hindustan Construction Co Ltd has reported a 29 per cent increase in net profit in the first quarter of the current fiscal to touch Rs 13.21 crore. The turnover rose 53 per cent to Rs 380 crore. In the last fiscal, the company ... More

HARDWARE
TVS-Electronics net up 77 pc
TVS-Electronics Ltd has reported a net profit of Rs 1.47 crore on revenues of Rs 70.91 crore for the second quarter ended June 30, as against a net profit of Rs 83 lakh on revenues of Rs 61.78 crore for the corresponding quarter last year. This ... More

SOFTWARE
Wipro Q1 net rises 73 pc at Rs 357 cr
WIPRO Ltd surpassed expectations with a 11.3 per cent sequential net profit growth at Rs 357 crore even as its revenue slid marginally to Rs 1,769 crore. Net profit surged 73 per cent on a year-on-year basis while revenue was up 48 per cent from ... More

ABRASIVES
Carborundum Universal net up
CHENNAI: Carborundum Universal Ltd has reported a 76 per cent jump in net profit during the first quarter ending June 30, 2004, as compared to the corresponding period the previous year. It has reported a net profit of Rs 7.30 crore on ... More

PRIVATE BANKS
ICICI Bank Q1 net up 26 pc — Gets RBI nod for 75 pc dividend
ICICI Bank Ltd has recorded 26 per cent rise in net profit at Rs 430.74 crore for the first quarter ended June 30 against a net profit of Rs 340.2 crore in the corresponding previous period. Net interest income increased 39 per cent to Rs 631 ... More

PUBLIC SECTOR BANKS
State Bank of Mysore Q1 net at Rs 53 cr
STATE Bank of Mysore has earned a net profit of Rs 53 crore in the first quarter of the current financial year, a 17 per cent increase over the corresponding period of last year. Total income for the first quarter was Rs 365.79 crore (Rs 323.49 ... More




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