CORPORATE RESULTS
DIVERSIFIED
Reliance Q2 net rises 39 pc — Improved margins in petrochem, refining
IMPROVED margins in petrochemicals and refining helped Reliance Industries Ltd (RIL) report a 38.7-per cent jump in its second quarter net profit to Rs 1,752 crore as against Rs 1,263 crore last year. RIL's net sales for the quarter ended ...
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TELECOMMUNICATIONS
Reliance Info trims Q2 loss to Rs 50 cr
RELIANCE Infocomm has reported a net loss of Rs 50 crore for the second quarter of the current fiscal, said Mr Anil Ambani, Managing Director of Reliance Industries, which owns 45 per cent stake in the company. In the first quarter, the company ...
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ENGINEERING
L&T posts 14 pc rise in Q2 net — Announces special dividend of Rs 10
EXCLUDING an extraordinary gain of Rs 353 crore, mainly from sale of shares in UltraTech Cemco to Grasim Industries, Larsen & Toubro (L&T) has reported a 14 per cent increase in net profit, excluding extraordinary items, for the second quarte
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FERTILISERS
Indo Gulf Fertilisers' Q2 profit dips to Rs 16.19 cr
INDO Gulf Fertilisers Ltd has reported a reduced net profit of Rs 16.19 crore for the quarter ended September 30, as against Rs 27.65 crore registered during the same quarter last year. Net sales were up at Rs 238.36 crore (Rs 216.64 crore ...
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PHARMACEUTICALS
Glenmark net doubles
MUMBAI: Glenmark Pharmaceuticals Ltd has clocked a 101.11 per cent growth in net profit, at Rs 28.94 crore, for the second quarter ended September 30, 2004. The company has registered a 51.7 per cent growth in revenue, clocking Rs ...
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POWER
Tata Power Q2 net down 17 pc
FALL in revenue from electricity sales has led to a 17.13 per cent fall in Tata Power Company's second quarter net profit to Rs 141.54 crore from Rs 170.81 crore in the second quarter last year. Net income was down 11.44 per cent mainly ...
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STEEL
Monnet Ispat net climbs; declares 25 pc interim
NEW DELHI: Monnet Ispat Ltd announced an improved turnover of Rs 184.1 crore for the period July-September this year as compared to Rs 52.7 crore during the corresponding period in the previous year. The company's net profit touched Rs ...
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Ispat Ind Q2 net at Rs 77.47 crore
ISPAT Industries Ltd (IIL) has reported a net profit of Rs 77.47 crore for the quarter ended September 30, as against a net loss of Rs 21.24 crore recorded in the same period last year. A release issued by the company said that total income ...
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Nava Bharat Ferro net up
HYDERABAD: Nava Bharat Ferro Alloys Ltd has recorded a growth of 56.84 per cent in turnover and 220.6 per cent in net profit for the second quarter of current fiscal ended September 30. As per the unaudited financial results taken on ...
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TEXTILES
Raymond reports fall in net profit
RAYMOND Ltd on Monday reported a net profit of Rs 32.04 crore for the second quarter ended September 30, against Rs 39.49 crore in the corresponding quarter of the previous fiscal. According to a press release, profit was impacted due to the ...
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TWO/THREE WHEELERS
TVS Motor Q2 net down to Rs 34 cr; to pay 70 pc interim
TVS Motor Company has reported a decline in its net profit for the quarter ended September to Rs 34.24 crore, compared with Rs 36.98 crore in the same period last year. The board of directors has declared an interim dividend of 70 paise per ...
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SOFTWARE
HCL Tech Q1 net income up 71 pc
HCL Technologies has clocked 71 per cent rise in net income for the first quarter ended September 2004 at Rs 161.7 crore against Rs 94.6 crore in the corresponding previous period. Gross revenues rose to Rs 782.2 crore (Rs 560.7 crore), ...
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ALUMINIUM
Indal Q2 net grows 50% at Rs 47 cr
INDIAN Aluminium Co Ltd (Indal) has registered an 8 per cent growth in sales, both in the second quarter and the first half of 2004-05. While the first half ended with sales of Rs 834 crore, the second quarter ended with sales of Rs 423 ...
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TEXTILE MACHINERY
LMW Q2 net rises 44.6 pc
COIMBATORE: Textile machinery manufacturing major LMW (Lakshmi Machine Works Ltd) has reported a 44.6 per cent rise in its net profit for the quarter ended September 2004 over the figure recorded in the corresponding quarter of the earlier ...
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HOUSING FINANCE
HDFC Q2 net up 22 pc at Rs 248 cr
AN increase in housing loans business and maintenance of interest spread has helped HDFC report 22 per cent increase in net profit for the second quarter of the current fiscal. Net stood at Rs 248.13 crore against Rs 203.24 crore during the ...
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PUBLIC SECTOR BANKS
Vijaya Bank Q2 net declines 26 per cent
VIJAYA Bank, reported second quarter profits of Rs 71.43 crore, lower by 25.5 per cent against Rs 95.89 crore in the corresponding period of July-September 2003. Total income during the quarter was Rs 592.83 crore down from Rs 631.67 crore in the ...
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