CORPORATE RESULTS
ELECTRONICS
BEL posts 28 pc rise in Q3 net
DEFENCE PSU Bharat Electronics (BEL) has made a net profit of Rs 68.17 crore for the third quarter ended December 31, 2003, registering a growth of 28.3 per cent over the net profit of Rs 53.10 crore for the same quarter of 2002-03. The net for ...
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ENGINEERING
ABB India net up at Rs 124 cr, to pay 60 pc
ABB India on Tuesday reported a rise in profit after tax of Rs 124.2 crore for the year ended December 2003 as against the previous corresponding period's Rs 97.2 crore. Revenues touched Rs 1,503.1 crore (Rs 1,200.6 crore). The board has ...
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PHARMACEUTICALS
Dabur Pharma clocks Rs 7.7-cr Q3 net
DABUR Pharma Ltd (DPL), which has demerged from Dabur India Ltd, has recorded a slight growth of 3.5 per cent in profit for the third quarter ended December 2003 from Rs 7.4 crore to Rs 7.7 crore. Turnover during the same period grew by eight per ...
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SHIPPING
SCI net income higher
RIDING on the wave of an unprecedented freight market boom and reduction in operational costs, Shipping Corporation of India Ltd (SCI) has posted a 74.79 per cent rise in net profit in the third quarter of the current fiscal to touch the Rs ...
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TEXTILES
Precot Mills Q3 net down at Rs 43 lakh
HIGHER raw cotton price pulled down the net profit of the Precot Mills Ltd in the quarter ended December 31, 2003 to Rs 43 lakh as against Rs 3.41 crore realised in the same period last year. This is despite the company recording a 15 per cent ...
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RADIO/TV
Zee Tele Q3 income rises to Rs 375 cr
ZEE Telefilms Ltd (ZTL) has reported a 27 per cent increase in consolidated net profit at Rs 90.19 crore for the third quarter ended December 2003 against Rs 70.88 crore recorded in the year-ago period. The company attributed the growth in ...
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HARDWARE
TVS Electronics net slips in fourth quarter
TVS Electronics Ltd has recorded a 4.75 per cent slump in net profit to Rs 60 lakh for the quarter ended December 2003 as compared to Rs 63 lakh for the same period in the previous year. Net sales rose 8 per cent to Rs 64.64 crore (Rs 59.87 ...
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Moser Baer sells more DVDs; net up 65 pc in Q3
MOSER Baer India Ltd (MBIL), maker of compact discs and other optical storage media, on Tuesday said its net profit in the third quarter rose by 65 per cent on increased sales of digital versatile disks (DVDs). Net profit of MBIL in the ...
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Tata Elxsi Q3 net up 38 pc
TATA Elxsi has reported a net profit of Rs 5.58 crore for the third quarter ended December 2003, an increase of 38 per cent over Rs 4.03 crore registered in the corresponding period last year. The company recorded a revenue of Rs 38.85 crore ...
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SOFTWARE
Zensar Tech net up 75 pc in 9 months
ZENSAR Technologies has posted a net profit of Rs 8.12 crore, for the nine-month period ended December 31, 2003, up 75 per cent against Rs 4.64 crore recorded during the same period last year. During this period, the revenue grew at 14 per ...
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Europe biz buoys Hexaware profits
"In order to protect us from rupee appreciation, we have taken forward cover for next 12 months for all the dollar revenues that we would get from overseas," explained Mr Atul Nissar, Chairman, Hexaware.
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Sonata posts lower Q3 net
SONATA Software Ltd has reported a lower net profit of Rs 2.86 crore for the third quarter ended December 31, 2003 as against a net of Rs 4.37 crore in the corresponding period last year. Total income for the quarter stood at Rs 16.77 crore (Rs ...
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PAPER, BOARD & NEWSPRINT
TNPL Q3 net rises five-fold to Rs 16.5 cr
A BUOYANT market and higher production have helped Tamil Nadu Newsprint and Papers Ltd (TNPL) report a five-fold jump in net profit for the third quarter ended December 2003 over the corresponding previous period. The company reported a net ...
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GRANITE & MARBLE
Pokarna net sales turnover up
POKARNA Ltd has recorded a net sales turnover of Rs 30.50 crore for the quarter ended December 31, 2003 a 25-per cent jump from Rs 24.41 crore recorded during the corresponding period previous financial year. Pokarna Ltd, formerly Pokarna ...
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PRIVATE BANKS
Conversion into bank lifts KMB revenues
KOTAK Mahindra Bank has staged a 67.8 per cent jump in net profit for the third quarter ended December 31, 2003 at Rs 18.95 crore, up from Rs 11.29 crore in the corresponding period of the previous year. Net interest income jumped 147 per cent ...
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Higher margins boost IDBI Bank Q3 net
WITH higher margins from core banking business and increase in fee income, IDBI Bank has registered a 32.5 per cent increase in net profit at Rs 36.3 crore for the third quarter ended December 31, 2003 up from Rs 27.4 crore in the corresponding ...
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