Financial Daily from THE HINDU group of publications
Saturday, October 22, 2005
Markets (October 21)
BL 2502280.82 (+32.61)
BSE Sensex8068.95(+133.83)
S&P CNX Nifty2443.75 (+48.30)
US Dollar (Buy/Sell)45.00/45.14
Gold Std (10 gm)6820 (-25)


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CORPORATE RESULTS

DIVERSIFIED


JBF Ind net up at Rs 10 cr
MUMBAI: JBF Industries has recorded a net profit of Rs 10 crore for the second quarter ended September 2005 against Rs 8.06 crore in the corresponding previous quarter. In the quarter under review, profit before tax went up to Rs 18.01 ... More

PETROLEUM


Petronet LNG posts Rs 40-cr net
NEW DELHI: Petronet LNG Ltd has posted a net profit of Rs 40.02 crore for the second quarter this fiscal. The net sales stood at Rs 944.53 crore. For the first half of the current fiscal, Petronet posted a net profit of Rs 79.16 ... More

PHARMACEUTICALS


Ranbaxy Q3 net down 90% on pricing pressure
DOWNWARD pricing pressure in the key US market has eroded the net profits of Ranbaxy Laboratories Ltd and its subsidiaries, which witnessed a 90.8 per cent dip in net profit during the third quarter of the current year. Net profit fell to Rs ... More

Granules India Q2 net, sales increase
HYDERABAD: Granules India Ltd, the city-based pharmaceutical company, has posted a growth of 37 per cent in gross sales and 35 per cent in net profit for the second quarter of current fiscal ended September 2005. The gross sales ... More

Shasun Chem net at Rs 6.19 cr
CHENNAI: Shasun Chemicals and Drugs has reported a net profit of Rs 6.19 crore for the second quarter of the current year, which is 8.5 per cent more than in the same quarter of last year. Sales increased 2.67 per cent to Rs 87.33 crore, ... More

Hikal net jumps 30 pc
HIKAL Ltd has posted a 30 per cent growth in net profit at Rs 9.9 crore for the three months ended September 30, as compared to Rs 7.6 crore for the corresponding period in the previous year. Net sales for the quarter stood at Rs 60.4 crore, ... More

Novartis net up 27 pc on higher sales, other income
NOVARTIS India Ltd has posted a net profit of Rs 27.5 crore for the second quarter ended September 2005, up 27 per cent from Rs 21.7 crore earlier. Total income increased to Rs 156.2 crore (Rs 135 crore), the company told the BSE. For the ... More

POWER


REC pays Rs 234.5 cr to Govt
NEW DELHI: The Rural Electrification Corporation Ltd has registered its highest-ever profit before tax of Rs 1,038 crore for fiscal 2004-05. The company paid the Centre a total dividend of Rs 234.50 crore, including the Rs 58-crore ... More

STEEL


JSW Steel PAT down 20%
MUMBAI: JSW Steel has reported a 20 per cent decline in profit after tax at Rs 106.29 crore for the second quarter of 2005-06 against Rs 132.79 crore in the year-ago period. The company said it faced a squeeze in margins due to steep ... More

SUGAR


Oudh Sugar logs Rs 5.18-cr net
MUMBAI: Oudh Sugar Mills Ltd, part of the K.K. Birla Group, has registered a net profit of Rs 5.18 crore for the first quarter ended September 30, 2005 against a loss of Rs 1.44 crore in the same period the previous year. It has ... More

PERSONAL PRODUCTS


Godrej Consumer Products Q2 net up 60 pc
GODREJ Consumer Products Ltd (GCPL) has reported 60 per cent increase in profit after tax at Rs 27.81 crore for the quarter ended September 2005, from Rs 17.43 crore in the year-ago period. Mr Adi Godrej, Chairman and Managing Director, said: ... More

ELECTRICAL GOODS


Exide Ind net leaps 47 pc
EXIDE Industries has registered a 47 per cent rise in net profit to Rs 29.1 crore in the second quarter of this fiscal. The growth in net profit has come on an 11 per cent increase in turnover to Rs 425.6 crore. Exide had registered a net profit ... More

SOFTWARE


Polaris net declines 42% at Rs 13.26 cr
POLARIS Software Lab has reported a 42.52 per cent decline in net profit to Rs 13.26 crore for the quarter ended September 30, 2005 compared with a net profit of Rs 23.07 crore for the corresponding quarter last year. Revenue for the September ... More

Helios & Matheson net up at Rs 9.4 cr
CHENNAI: Helios & Matheson Information Technology Ltd has reported a net profit of Rs 9.41 crore on a revenue of Rs 52.79 crore for the quarter ended September 2005 compared with a net profit of Rs 4.75 crore on a revenue of Rs 28.46 crore ... More

COFFEE


Tata Coffee Q2 net up 136 pc
TATA Coffee has reported a 136 per cent rise in net profit for the quarter ended September 2005 at Rs 6.62 crore on revenues of Rs 53.41 crore, compared to a net of Rs 2.80 crore on revenues of Rs 51.32 crore in the corresponding previous ... More

PUBLIC SECTOR BANKS


Oriental Bank Q2 net down 23 pc on GTB merger pangs
ORIENTAL Bank of Commerce has a recorded a net profit of Rs 165 crore for the quarter ended September 30, 2005, a 23 per cent decline compared to Rs 215 crore during the corresponding period in the previous fiscal. Total income increased 28 ... More

BEARINGS, CASTINGS & FORGINGS


Ennore Foundries Q2 net lower at Rs 2.82 crore
ENNORE Foundries Ltd has recorded a net profit of Rs 2.82 crore and revenues of Rs 89.54 crore for the second quarter ended September 30, against a net profit of Rs 3.17 crore and revenue of Rs 54.13 crore in the corresponding quarter last ... More



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Looking back
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