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Friday, January 20, 2006
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CORPORATE RESULTS

OUTSOURCING


Allsec Tech nets Rs 5.54 cr profit
CHENNAI: Allsec Technologies has recorded a net profit growth of 90 per cent to Rs 5.54 crore for the quarter ended December, 2005, over Rs 2.92 crore in the same time the previous year. Revenues grew about 74 per cent, up to Rs 24.15 ... More

CHEMICALS


GHCL Q3 net more than trebles
AHMEDABAD: GHCL Ltd (formerly Gujarat Heavy Chemicals Ltd) has reported a sharp increase in its net profit for the third quarter of 2005-06 at Rs 26.55 crore as compared to Rs 7.4 crore in the same quarter last year. Income from ... More

ENGINEERING


L&T net soars 96 pc in Q3 — Increased orders; sale of glass, dairy equipment biz
LARSEN & Toubro has reported a 96 per cent increase in net profit for the third quarter of the current fiscal. This was achieved due to revenues from increased orders from the year-ago quarter, and was helped along by a one-time gain from the .. More

PETROCHEMICALS


IPCL net up 21 pc at Rs 228 cr
IPCL has posted 21 per cent rise in net during the third quarter of the current fiscal to Rs 228 crore from Rs 189 crore in the year-ago period. Profit before tax was Rs 314 crore (Rs 282 crore) but a higher provision for current tax at Rs 119 ... More

PHARMACEUTICALS


Orchid's net up five-fold; touches Rs 28.96 crore
ORCHID Chemicals has reported a net profit of Rs 28.96 crore for the third quarter of this fiscal compared with Rs 5.76 crore in the year-ago period — an increase of over five times. The Q3 net profit was slightly higher than that of ... More

Nicholas Piramal Q3 net down 70 pc
COUGH SYRUP Phensedyl was one of the sore points affecting the profitability of Nicholas Piramal India Ltd (NPIL) in the third quarter (Q3) ended December 31, 2005. NPIL's net profit for the third quarter at Rs 23.7 crore was down 69.9 per ... More

Ipca Lab net falls
MUMBAI: Ipca Laboratories Ltd has posted a net profit (after exceptional items) of Rs 2.6 crore for the quarter ended December 31, 2005, down 89 per cent against Rs 24.5 crore in the corresponding quarter last year. Total income (net of ... More

Hikal net rises 19 pc
MUMBAI: Hikal Ltd has registered 19.2 per cent increase in net profit at Rs 9.9 crore (Rs 8.3 crore) for the quarter ended December 2005. Net sales at Rs 55 crore (Rs 44.7 crore) were up 23.04 per cent from earlier. The board of ... More

SUGAR


Upper Ganges Sugar posts higher net
MUMBAI: Upper Ganges Sugar & Industries Ltd, belonging to the K.K. Birla group, has posted a 50.18 per cent increase in sales turnover at Rs 109.02 crore for the second quarter ended December 31, 2005, up from Rs 72.59 crore in the ... More

SOFTWARE


Infotech Enterprises posts higher Q3 net
HYDERABAD: Infotech Enterprises Ltd has recorded operating revenues of Rs 94.09 crore and net profit of Rs 11.82 crore for the third quarter ended December 31, 2005 against operating revenues of Rs 65.61 crore and net profit of Rs 5.94 ... More

Northgate Tech net trebles
HYDERABAD: Northgate Technologies Ltd has recorded total income of Rs 20.92 crore and a net profit of Rs 6.57 crore for the third quarter ended December 31, 2005 as against total income of Rs 15.03 crore and a net profit of Rs 2.02 crore ... More

IT TRAINING


NIIT Ltd net rises 14 pc
NEW DELHI: NIIT Ltd has posted a 14-per cent rise in net profit for the quarter ended December 2005 at Rs 5.5 crore from Rs 4.8 crore in the corresponding period last year. For Q3, its consolidated net revenues stood at Rs 105.2 crore, ... More

METALS


Hindustan Zinc Q3 net increases by 102 pc
MUMBAI: Hindustan Zinc Ltd has announced a 102 per cent increase in its third quarter net profit at Rs 329 crore as compared to Rs 163 crore in the year-ago period. Total income rose to Rs 937 crore (Rs 594 crore). Its share closed at Rs ... More

Sterlite Industries net up 75 pc
NEW DELHI: Sterlite Industries India Ltd has reported a net profit of Rs 150.24 crore (Rs 86.08 crore) for the third quarter ended December 2005, marking an increase of 74.53 per cent. Total income jumped by 98.99 per cent to Rs ... More

PRIVATE BANKS


Kotak Mahindra Bank posts 71 per cent rise in Q3 net
KOTAK Mahindra Bank recorded net profit of Rs 32.64 crore for the quarter ended December 2005, up 71 per cent to from Rs 19.1 crore in the corresponding previous period. The rise was due to an increase in advances and other income. Mr Dipak ... More

PUBLIC SECTOR BANKS


SBT net tad up in 9 months
STATE Bank of Travancore (SBT) has registered a net profit of Rs 163.50 crore during the first nine months of 2005-06 as compared with Rs 161.21 crore in the corresponding period last year. The operating profit during the period stood at Rs ... More



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