Financial Daily from THE HINDU group of publications
Thursday, January 19, 2006
Markets (January 18)
BSE Sensex9237.53 (-76.60)
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CORPORATE RESULTS

FINANCIAL SERVICES


Indiabulls Q3 net zooms 290 pc
MUMBAI: Indiabulls Financial Services reported a 290 per cent increase in its third quarter net profit at Rs 71.7 crore (Rs 18.4 crore) on total revenues of Rs 164.4 crore (Rs 47 crore). The company has announced a second interim ... More

ENGINEERING


Shanthi Gears net up 31 pc at Rs 8.68 cr
COIMBATORE: Shanthi Gears Ltd has netted a 26 per cent growth in sales at Rs 50.38 crore (Rs 40.03 crore) for the third quarter ended December 31, 2005. The net profit was 31 per cent higher at Rs 8.68 crore (Rs 6.59 crore). The profit ... More

FERTILISERS


Coromandel Fert Q3 net down 4 pc
HYDERABAD: Coromandel Fertilisers Ltd (CFL) has reported a marginal fall in net profit for the third quarter of the current fiscal at Rs 19.13 crore (Rs 19.94 crore), while the net sales increased to Rs 462.29 crore (Rs 440.66 crore) and ... More

PHARMACEUTICALS


Ranbaxy net profit down 62 pc, sales drop — Increased litigation, hike in R&D spend
CONTINUED price erosion in the US market, increased litigation and research and development (R&D) spend has impacted on the net profit of Ranbaxy Laboratories Ltd, which fell 62 per cent to Rs 259.1 crore for the financial year ended December 31, More

Unichem Labs net jumps 99 pc
MUMBAI: Unichem Laboratories registered a 99 per cent growth in net profit at Rs 18.5 crore (Rs 9.3 crore) for the three months ended December 31, 2005. The growth was achieved on the back of excellent performance of the export business, a ... More

POWER


Reliance Energy Q3 net up 22.7 pc
MUMBAI: Reliance Energy Ltd has reported a 22.7 per cent increase in net profit for the third quarter ended December 31, 2005. This is largely due to lower expenditure and is despite a flat growth in total income for the quarter. Net ... More

SOFTWARE


Wipro Q3 net up 27 pc, revenues rise 30 pc
ROBUST volumes and better offshore leverage helped Wipro Ltd to beat its own estimates and street expectations to post a year-on-year growth of 27 per cent in net profit and 30 per cent in revenues for the December quarter. Wipro's net profit ... More

HCL Tech Q2 net income up 40 pc — Aims to be $1-b co by this fiscal
HCL Technologies today registered a 40.2 per cent increase in consolidated net income for the second quarter ended December 2005 to touch Rs 181.1 crore compared to Rs 129.1 crore in the same period previous year, and expressed confidence that it ... More

BIO-TECH & GENETICS


Biocon Q3 net dips 28%
CONTINUING pressure on statin pricing saw Biocon Ltd's net profit slip 28.3 per cent to Rs 32.79 crore for the third quarter ended December 31, 2005 over the same period of 2004. (It made a net profit of Rs 45.76 crore for the October-December ... More

HOUSING FINANCE


HDFC net climbs 21 per cent in Q3 — Loan rate hike on cards
HOUSING Development Finance Corporation has reported a 20.53 per cent increase in net profit for the third quarter ended December 31, 2005. Net profit rose to Rs 284.52 crore, up from Rs. 236.05 crore reported for the corresponding quarter of ... More

DYES & PIGMENTS


Clariant (India) Q3 net up 61 pc
MUMBAI: Clariant (India) Ltd has reported a 61 per cent jump in third quarter net profit at Rs 6.6 crore (Rs 4.1 crore). Total income stood at Rs 102.11 crore (Rs 94.58 crore). For the nine months of the current financial year, the sales ... More

PRIVATE BANKS


South Indian Bank Q3 net dips
THE net profit of South Indian Bank has grown by 243 per cent to Rs 34.59 crore (Rs 10.07 crore) during the first nine months of the current fiscal. The net profit declined to Rs 20.65 crore (Rs 23.19 crore) for the third quarter ended ... More

Federal Bank Q3 net surges to Rs 72 cr
THE net profit of Federal Bank has grown by 190 per cent to Rs 174.48 crore (Rs 60.23 crore) for the nine-month period ending December 2005. The Board of the bank, which met yesterday, approved the financial results. Despite the fall in income ... More

PUBLIC SECTOR BANKS


Syndicate Bank posts Rs 188-cr net in Q3
SYNDICATE Bank has registered a net profit of Rs 188 crore for the third quarter of the current financial year as against the loss of Rs 78 crore in the corresponding period of the previous financial year. Addressing presspersons at Manipal in ... More

Retail thrust lifts Dena Bank Q3 net
DENA BANK reported a net profit of Rs 83.18 crore for the quarter ended December 31, 2005, up 263 per cent from Rs 22.92 crore in the corresponding quarter last year. The surge in profits is due to growth in retail credit, agriculture financing ... More

SUPPLY CHAIN MANAGEMENT


Concor net up 35% at Rs 136.81 cr
CONTAINER Corporation of India (Concor) has registered a 34.57 per cent growth with a net profit of Rs 136.81 crore for the quarter ended December 31, 2005 as compared to a net profit of Rs 101.66 crore during the same quarter last fiscal. ... More

RETAILING


Trent Q3 net up 24 pc at Rs 6.43 cr
MUMBAI: Trent Ltd has reported a 24-per cent increase in its third quarter net profit at Rs 6.43 crore (Rs 5.18 crore). An increase in revenue boosted the company's profitability. Total income for the December 2005 quarter stood at Rs ... More



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