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Wednesday, April 27, 2005

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CORPORATE RESULTS

HOTELS


Taj GVK Hotels Q4 net up 60 pc
TAJ GVK Hotels and Resorts Ltd has recorded a growth of 32 per cent in total income and 60 per cent in net profit for the fourth quarter of fiscal ended March 2005. The board has recommended a dividend of 45 per cent for the year. As per the ... More

PETROCHEMICALS


IPCL Q4 net more than triples
INDIAN Petrochemicals Corporation Ltd (IPCL) today kept all controversies at bay while announcing a 289 per cent jump in fourth quarter net profit. The rise in profits came mostly on the strength of higher product prices prompted by higher ... More

PETROLEUM


ONGC Videsh full-year net up 130 pc at Rs 982 cr
THE consolidated gross revenue of ONGC Videsh Ltd (OVL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Ltd, in 2004-05, as per estimated unaudited financial results, was Rs 5,546 crore — up 58 per cent over Rs 3,502 crore the ... More

PHARMACEUTICALS


Nicholas Piramal slips into red
NICHOLAS Piramal India Ltd in its consolidated operations reported a net loss of Rs 13.43 crore for the fourth quarter of 2004-05, against a net profit of Rs 80.8 crore in the year-ago period. During the quarter, the domestic market witnessed ... More

Matrix Labs Q4 net down 25.5%
DESPITE recording a growth of 12.65 per cent in net sales for the fourth quarter of 2004-05, Matrix Laboratories Ltd has suffered a decline of 25.5 per cent in net profit. The fall was attributed to higher allocations to R&D, depreciation and ... More

POWER


PTC Q4 net dips 54 pc
POWER trading major PTC India Ltd (PTC) has announced a 54 per cent dip in net profit at Rs 3.78 crore during the fourth quarter of 2004-05. Income from operations was down 46 per cent at Rs 340 crore during the periodcompared to the previous ... More

STEEL


Tata Metaliks records 158 pc rise in annual net
TATA Metaliks has recorded net profit of Rs 64 crore for 2004-05, up from Rs 24.81 crore in 2003-04. Net sales turnover stood at Rs 283 crore, compared to Rs 143 crore the previous year. Speaking to newspersons, Dr T. Mukherjee, Chairman, ... More

TEXTILES


Alok Ind net up 64%
MUMBAI: For the quarter ended March 31, 2005, Alok Industries' net profit increased 64 per cent to Rs 31.03 crore (Rs 18.92 crore), while total income rose 17 per cent to Rs 378.61 crore (Rs 324.16 crore). For the year ended March 31, ... More

SOFTWARE


Nucleus Soft Q4 net doubles
NUCLEUS Software on Tuesday posted a 96 per cent rise in its Profit After Tax for the quarter ended March 31, 2005 at Rs 8.54 crore compared to Rs 4.35 crore for the corresponding quarter previous year. "Consolidated revenue from software ... More

VisualSoft Q4 net dips to Rs 7 crore
DESPITE achieving a significant growth in total income, VisualSsoft Technologies Ltd has suffered a fall in net profit for both the quarter and fiscal ended March 2005. On a total income of Rs 51.44 crore for the quarter, it posted a net profit ... More

PAPER, BOARD & NEWSPRINT


Ballarpur net up 36% in Q3 at Rs 44.21 cr
BALLARPUR Industries Ltd (BILT) has posted a 0.84-per cent higher total revenue at Rs 565.35 crore, with paper revenues increasing 5.48 per cent to Rs 399.2 crore during the third quarter ending March 31, 2005. Net profit during the quarter was ... More

NBFCS


Magma Leasing Q4 disbursals rise 81 per cent
MAGMA Leasing Ltd (MLL), which has achieved an 81 per cent growth in disbursal levels during the fourth quarter of 2004-05 at Rs 516 crore, has fixed a business target (new loans) of Rs 2,100 crore for 2005-06. Out of this, the company expects to ... More

SUPPLY CHAIN MANAGEMENT


Blue Dart Q4 net up at Rs 9.55 cr
BLUE Dart Express has posted a net profit of Rs 9.55 crore during the fourth quarter of 2004-05 against Rs 7.27 crore in the year-ago period. Net sales for the quarter rose 28 per cent to Rs 121.21 crore (Rs 94.38 crore). Other income rose to ... More


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Looking back
Apr. 17-Apr. 23
ONGC net rises 47% in 2004-05


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