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Tuesday, April 27, 2004

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CORPORATE RESULTS

ENGINEERING
Elgi Equipments posts rise in net sales, profit in Q4
ELGI Equipments Ltd, manufacturers of compressors and automotive equipment, has witnessed a substantial increase in net sales and net profit in the fourth quarter of 2003-04 compared to the corresponding period in 2002-03. The company's full ... More

HOTELS
Taj GVK net rises 38 pc; declares 15 pc final
TAJ GVK Hotels and Resorts Ltd, the city-based hospitality joint venture between the Tatas and GVK group, has declared a final dividend of 15 per cent for the fiscal ended March 31, 2004. This is in addition to the interim dividend of 15 per ... More

PHARMACEUTICALS
Zydus posts higher Q4 net
ZYDUS Cadila Healthcare said on Monday that it posted a net profit of Rs 45.66 crore for the fourth quarter ended March 31, 2004, compared with Rs 14.82 crore in the same quarter last year. Total income has increased from Rs 260 crore in Q4 last ... More

Orchid Chemicals net up 59%
ORCHID Chemicals & Pharmaceuticals has announced a profit after tax of Rs 31.03 crore in 2003-04, up 59 per cent over the profit registered in the previous year. For the same period, the company's turnover was Rs 713.41 crore, higher by 32 per .. More

TEXTILES
Virudhunagar Mills net profit drops to Rs 5.48 cr
VIRUDHUNAGAR Textile Mills Ltd has recorded a decline in profits in its working for the fiscal 2003-04, despite a marginal increase in its net sales. The company, belonging to the Madurai-based Thiagarajar group, has closed the financial year ... More

HARDWARE
TVSE net up 10 pc in Q4
CHENNAI: TVS Electronics Ltd has declared an annual dividend of 7.5 per cent. It has recorded a 10 per cent jump in net profit to Rs 1.34 crore for the quarter ended March 2004 as compared to Rs 1.22 crore for the same period in the ... More

SOFTWARE
HCL Tech Q3 net up 58 pc; to pay 100 pc interim
HCL Technologies Limited on Monday announced 58 per cent increase in net profit in January-March 2004 quarter to Rs 125.8 crore and declared an interim 100 per cent dividend for its third quarter. HCL Tech revenues in January-March 2004 grew 39 ... More

Nucleus joins bonus bandwagon — Net up 15.7 pc despite lower sales
FINANCIAL services software producer Nucleus Software Exports Limited has announced a 15.7 per cent increase in net profit at Rs 9.73 crore for 2003-04. The company's revenues, however, fell 10 per cent from Rs 88.83 crore in 2003-04 as ... More

ALUMINIUM
Hindalco posts 44% growth in net profit
HINDALCO Industries Ltd ended 2003-04 on a robust note with a 44 per cent growth in net profit and 24 per cent increase in topline amid concerns about the stagnating demand for copper. The non-ferrous metals major reported a Rs 838.9-crore ... More

BIO-TECH & GENETICS
Sterling Biotech Q1 profit up 46.7 pc
STERLING Biotech, global manufacturer of pharmaceutical grade gelatine, has posted a 46.7 per cent growth in its profit after tax at Rs 15.04 crore for the quarter ended March 31 compared to Rs 10.25 crore in the first quarter of the ... More

CERAMICS
Regency Ceramics net up at Rs 18.43 cr
REGENCY Ceramics Ltd (RCL) has posted a turnover of Rs 183.39 crore and a net profit of Rs 18.43 crore during 2003-04. The company's earnings per equity share of Rs 10 each last fiscal stood at Rs 13.56. As per the unaudited financial results, ... More

PUBLIC SECTOR BANKS
Indian Bank net doubles to Rs 406 cr
INDIAN Bank's net profit for the year 2003-04 has more than doubled to Rs 405.75 crore, from Rs 188.83 crore for 2002-03. The bank's operating profit rose by 36 per cent to Rs 802.46 crore from Rs 590.25 crore previously. The bank also ... More




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