CORPORATE RESULTS
DIVERSIFIED
Indian Rayon Q3 net down 28.7 pc
INDIAN Rayon's net profit for the third quarter ended December 31, 2003, declined by 28.7 per cent to Rs 28.56 crore compared to Rs 40.08 crore in the corresponding previous period. The company attributed the net profit decline to a ...
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CHEMICALS
Tata Chem third quarter PAT at Rs 59.03 cr
TATA Chemicals Ltd (TCL) on Monday reported a rise in profit after tax (PAT) for the quarter ended December 31, 2003, to Rs 59.03 crore as compared to the previous corresponding Rs 55.50 crore. The net sales/income from operations grew to Rs ...
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PETROLEUM
GAIL India Q3 net at Rs 387.1 cr
GAIL India Ltd has posted a net profit of Rs 387.1 crore on an income of Rs 3,052.3 crore in the third quarter of the current fiscal ended December 31, 2003. For the corresponding period in the previous year, the company posted a net profit of ...
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PHARMACEUTICALS
Shasun Chem Q3 PAT up 28 pc
SHASUN Chemicals and Drugs recorded a profit after tax of Rs 5.55 crore in the third quarter of the current fiscal, an increase of 28.47 per cent over the same in the corresponding period last fiscal. The higher profit came on the back of net ...
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TEXTILES
Indo Rama Q3 net rises 81 pc
NEW DELHI: Indo Rama Synthetics Ltd has announced that its net profit for the October-December 2003 quarter had risen 81 per cent to Rs 71.7 crore despite a drop in sales turnover. While the net profit rose from Rs 39.5 crore in the ...
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AUTOMOBILE COMPONENTS
Exide PAT rises to Rs 17 cr in Q3
EXIDE Industries Ltd has posted a 35.48 per cent increase in profit after tax to Rs 16.99 crore in the third quarter ended December 31, 2003, from Rs 12.54 crore in the same period of the previous year. The profit before tax was higher by ...
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Shanthi Gears net rises
COIMBATORE: Shanthi Gears Ltd has reported a 150 per cent rise in its net profit during the third quarter ended December 31, 2003 when the company could book higher sale income. The company could raise its net sales by 55 per cent to ...
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REAL ESTATE & CONSTRUCTION
Hind Construction net up 66 pc
MUMBAI: Hindustan Construction Co Ltd (HCC) has notched up a net profit of Rs 9.83 crore in the third quarter of the current fiscal, registering an increase of 66 per cent compared to the profit during the corresponding quarter of last ...
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SOFTWARE
Ramco Systems posts Rs 10-cr loss in Q3
CHENNAI: Ramco Systems Ltd has reported an increased net loss of Rs 10.16 crore on revenues of Rs 14.31 crore for the quarter ended December 31, 2003 as against Rs 9.64 crore on revenues of Rs 18.37 crore for the corresponding quarter last ...
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CERAMICS
Hind Sanitaryware posts higher net profit
NEW DELHI: Hindustan Sanitaryware and Industries Ltd has announced a net profit of Rs 4.7 crore for the October-December 2003 quarter on a sales turnover of Rs 71.7 crore. The company's sales grew 23 per cent over the figure of Rs 58.36 ...
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PRIVATE BANKS
Federal Bank net rises 37 pc in nine months
THE Aluva-based Federal Bank has recorded a growth of 37 per cent in net profit to Rs 113.30 crore (Rs 82.46 crore) during the first nine months of the current fiscal. The bank had been on a high growth trajectory since 2000. The financial ...
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PUBLIC SECTOR BANKS
Union Bank posts small rise in Q3 net; to pay 20 pc interim
UNION Bank of India has recorded a 4.49 per cent increase in net profit for the third quarter ended December 2003 at Rs 150.04 crore as against Rs 143.58 crore in the corresponding previous period. The bank's board has approved a 20 per cent ...
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BEARINGS, CASTINGS & FORGINGS
Bharat Forge posts 54 pc rise in net
DRIVEN by robust domestic and export sales, Bharat Forge Ltd (BFL) has posted an increase in total income by 27 per cent and net income by 55 per cent. According to an offical release, BFL has reported an increase of 54.54 per cent in net ...
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