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Saturday, January 28, 2006
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CORPORATE RESULTS

DIVERSIFIED


Siemens net up 56% on power biz growth
SIEMENS Ltd has reported a net profit of Rs 49 crore for the first quarter ended December 31, 2005, recording a 56-per cent growth over the corresponding year-ago quarter (Rs 31.4 crore). Net sales amounted to Rs 851 crore (Rs 503 crore), ... More

CEMENT


Visaka plans Rs 100-cr cotton spinning plant — Eyes Rs 700-cr turnover by 2010
VISAKA Industries Ltd (VIL), the Hyderabad-based cement asbestos products and yarn manufacturer, has decided to set up a modern cotton spinning plant near Hyderabad with an investment of around Rs 100 crore. Addressing newspersons to announce ... More

ENGINEERING


LMW net rises; declares 100% interim
LAKSHMI Machine Works Ltd (LMW) board declared an interim dividend of Rs 100 per equity share (of Rs 100 each). The company's net profit has swelled to Rs 23.36 crore for the quarter ended December 2005 from Rs 14.71 crore during the ... More

Samkrg Pistons net down in Q3
HYDERABAD: Samkrg Pistons and Rings Ltd has reported a sales turnover of Rs 21.27 crore and a net profit of Rs 2.05 crore for the third quarter of current fiscal ended December 2005 compared with a sales turnover of Rs 21.22 crore and a ... More

Prajay Engg net rises
HYDERABAD: Prajay Engineers Syndicate Ltd has reported a net income of Rs 19.08 crore and a net profit of Rs 5.01 crore for the third quarter of current fiscal ended December 2005 compared with a net income of Rs 3.92 crore and a net ... More

PETROLEUM


Gulf Oil Q3 net flat at Rs 5.1 cr
GULF Oil Corporation Ltd, a Hinduja Group company, has posted a marginal growth in net profit at Rs 5.1 crore (Rs 5.03 crore) for the third quarter of current fiscal ended December 2005, despite a fall in turnover at Rs 115.15 crore (Rs 127.63 ... More

IOC incurs Rs 5.8-cr loss in Q3
'Under realisation of petrol, diesel the main cause'

INDIAN Oil Corporation Ltd (IOC) has posted a net loss of Rs 5.83 crore for the quarter ended December 31, 2005. This is against a net profit of Rs 1,286.76 crore that the company had earned during the corresponding previous quarter. The ... More

POWER


PTC Q3 net jumps 91 pc to Rs 12.8 crore
PTC India Ltd, the largest power trading utility in the country, has reported a 91 per cent jump in net profit at Rs 12.79 crore during the third quarter of the current fiscal. Income from operations was up 75 per cent at Rs 1,054.59 crore, a ... More

STEEL


SAIL Q3 net dips; to pay 12.5 pc interim
SAIL has posted a profit after tax (PAT) of Rs 685 crore on a turnover of Rs 7,176 crore for the third quarter of the current fiscal, compared to Rs 1,514 crore recorded during the corresponding previous period. This is the 12th consecutive ... More

PERSONAL PRODUCTS


Health supplements boost Dabur net profit 34 pc
"We were able to turn around the Chyawanprash category with aggressive marketing efforts and launch of new variant - Chyawanshakti. Our efforts in South India are gaining momentum." More

AIR-CONDITIONERS & REFRIGERATORS


Blue Star Q3 net up, to pay 100 pc
BLUE Star has reported a net profit of Rs 6.91 crore for the quarter ended December 31, 2005, a 17 per cent improvement year-on-year. The company has declared a dividend of 100 per cent. During the quarter under review, total income grew 18 per ... More

HARDWARE


TVS-E net rises to Rs 43 lakh
CHENNAI: TVS Electronics has reported a net profit of Rs 43 lakh on revenues of Rs 73.77 crore for the quarter ended December 31, 2005 compared to a net profit of Rs 38 lakh on revenues of Rs 68.44 crore for the corresponding quarter ... More

SOFTWARE


Subex Systems to raise $10 m through GDRs
SUBEX Systems Ltd announced a $10 million resource raise through issuance of global depository receipts for funding acquisitions. The company will be acquiring "suitable" companies that operate in the same space. Speaking to Business ... More

DAIRY & DAIRY PRODUCTS


Britannia Q3 PAT up 20 pc
BRITANNIA Industries Ltd has reported a 20.2 per cent increase in its profit after tax at Rs 35.7 crore for the December 2005 quarter against Rs 29.7 crore in the year-ago period. Total income moved up 17.5 per cent to Rs 451.5 crore from Rs ... More

HOUSING FINANCE


LIC Housing Q3 net rises 40%
LIC Housing Finance Ltd's net profit for the third quarter ended December 31, 2005 has grown by 40 per cent, to Rs 58.65 crore, from Rs 42 crore for the corresponding quarter of the previous fiscal. Total income for the quarter rose by 19 per ... More

PRIVATE BANKS


Karur Vysya Bank net up at Rs 26 cr
KARUR Vysya Bank has clocked a net profit of Rs 25.86 crore for the quarter ended December 31, 2005, posting a 24.81-per cent growth over the same period last year. Total interest income rose to Rs 163.78 crore (Rs 146.97 crore). Interest on ... More

PUBLIC SECTOR BANKS


Andhra Bank Q3 net up 6 pc at Rs 129 crore
ANDHRA Bank has reported a 52.48-per cent growth in net profit from core banking operations (excluding profit on sale of investments) at Rs 108.49 crore during the third quarter ended December 2005, compared with Rs 71.15 crore in the same ... More

BoB net jumps to Rs 202.1 cr
BANK of Baroda has posted 190.9 per cent higher net profit at Rs 202.18 crore for the quarter ended December 31, 2005 against Rs 69.5 crore in the year ago quarter. Total income was Rs 2,047.66 crore (Rs 1,876.6 crore). Net interest income was ... More




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