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Sunday, October 30, 2005


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CORPORATE RESULTS

AIRLINES


Jet Airways net down 11 pc in Q2
JET Airways has posted a profit after tax of Rs 68.59 crore for the second quarter ended September 30, 2005. This was 11.4 per cent down on the Rs 77.42 crore recorded in the quarter ended September 30, 2004. The company has attributed the drop ... More

CEMENT


Madras Cements net jumps 44 pc; to pay Rs 5 interim
MADRAS Cements Ltd has reported a 44 per cent jump in net profit and a 25 per cent increase in sales for the quarter ended September 30, 2005 over the previous corresponding quarter. The board of directors has recommended an interim dividend of ... More

CHEMICALS


Bihar Caustic net up by 9.07 cr
MUMBAI: Bihar Caustic and Chemicals Ltd, a subsidiary of Hindalco, has reported a 28 per cent increase in its second quarter net profit at Rs 9.07 crore against Rs 7.09 crore in the year-ago period. Net sales moved up 27 per cent to Rs ... More

ELECTRONICS


Bharat Electronics PAT rises
BANGALORE: Bharat Electronics Ltd has posted a profit after tax of Rs 146.67 crore for the quarter ended September 30 this year, registering nearly 33 per cent growth over Q2 PAT for fiscal 2004-05, which was at Rs 110.56 crore. Net ... More

ENGINEERING


Bharat Earth Movers Q2 net at Rs.29.08 cr
BANGALORE: Bharat Earth Movers Ltd has posted a net profit of Rs 29.08 crore during the second quarter ended September 30 this year, registering a 49 per cent growth over the PAT for the same quarter of last fiscal year. Sales turnover ... More

FOOD & DAIRY PRODUCTS


Nestle Q3 net up 8 pc
NESTLE India Ltd has reported a 8.3 per cent increase in net profit at Rs 74.59 crore for the third quarter ended September 30, 2005, against Rs 68.85 crore for the same period last year. Total income increased 11.95 per cent to Rs 630.48 ... More

HOTELS


Indian Hotels net at Rs 26.48 cr
MUMBAI: Indian Hotels Company Ltd has posted a 18.69 per cent increase in its net profit at Rs 26.48 crore for the quarter ended September 30, 2005, against Rs 22.31 crore in the quarter ended September 30, 2004. The company has ... More

PETROLEUM


HPCL Q2 net loss at Rs 22.14 cr
THE impact of high crude and product prices that could not be fully passed on to the consumers proved to be the undoing of Hindustan Petroleum Corporation Ltd (HPCL) as it posted a net loss of Rs 22.14 crore for the quarter ended September 30. ... More

PHARMACEUTICALS


Divi's Labs sales, net spurts
HYDERABAD: Divi's Laboratories Ltd has reported a growth both in sales turnover and net profit for the second quarter of the current fiscal ended September 2005. As per the unaudited financial results, the company recorded a turnover of ... More

SHIPPING


SCI net dips to Rs 149.9 cr in Q2
SHIPPING Corporation of India (SCI) has reported a fall in net profit for the second quarter of the current fiscal to touch Rs 149.95 crore against Rs 210.13 crore in the corresponding period of last fiscal, in the wake of softening of the global ... More

FINANCIAL PERFORMANCE


Opto Circuits net soars
BANGALORE: Opto Circuits (India) Ltd, has recorded a net profit of Rs 8.59 crore up by 113 per cent for the second quarter of the fiscal 2005-06. The company posted 61.3 per cent increase in turnover at Rs 29.14 crore. The company made ... More

REAL ESTATE & CONSTRUCTION


Hindustan Construction net leaps
MUMBAI: Hindustan Construction Co has reported a net profit of Rs 35.66 crore in the second quarter of the current fiscal, against Rs 2.79 crore in the corresponding quarter of the last fiscal. The company had an extraordinary income of ... More

Nagarjuna Construction profit up by 83%
HYDERABAD: Nagarjuna Construction Company Ltd has posted a growth of 52 per cent in turnover and 83 per cent in net profit for the second quarter of the current fiscal ended September 2005. As per the unaudited financial results, the ... More

ALUMINIUM


Copper is a drag on Hindalco performance — Second-quarter net down 7%
HINDALCO Industries Ltd has reported a 7 per cent drop in its second quarter net profit at Rs 276.5 crore on account of losses in its copper business. The company's net sales and operating revenues during the quarter grew 8 per cent to Rs ... More

PAPER, BOARD & NEWSPRINT


Seshasayee Paper net more than doubles
SESHASAYEE Paper and Boards Ltd has more than doubled its net profit to Rs 4.06 crore on an income of Rs 121.71 crore for the quarter ended September 30, 2005. The company reported a net profit of Rs 1.46 crore on an income of Rs 109.89 crore ... More

Ballarpur Industries net up 10 pc
NEW DELHI: Ballarpur Industries Ltd (BILT) has registered revenues of Rs 490.47 crore for the first quarter ended September 30, 2005, a 2.69 per cent increase over last year's Rs 477.6 crore. Net profit for the three-month period stood ... More

PUBLIC SECTOR BANKS


Dena Bank Q2 net up 20 pc at Rs 48.6 cr
INCREASE in credit and retail income saw Dena Bank's net profit for the second quarter rise almost 20 per cent to touch Rs 48.64 crore. This is against the net profit of Rs 40.55 crore that the bank recorded a year ago. Total income fell to ... More

BEARINGS, CASTINGS & FORGINGS


Nava Bharat Ferro net plunges
HYDERABAD: Nava Bharat Ferro Alloys Ltd has reported a turnover of Rs 108.01 crore for the second quarter ended September 2005, compared to Rs 139.64 crore in the corresponding quarter of the previous fiscal, and a net profit of Rs 10.44 ... More



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In Depth

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Looking back
Oct. 23-Oct. 29
SAIL Q2 net down 26 pc at Rs 1,127 cr

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