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Friday, July 23, 2004

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CORPORATE RESULTS

TELECOMMUNICATIONS
Tata Telecom net up 80%
TATA Telecom Ltd has registered a growth of 80 per cent in net profit for the quarter ended June 2004 at Rs 8.14 crore compared to Rs 4.51 crore in the corresponding previous period. The company achieved a turnover of Rs 96.47 crore (Rs 75.12 ... More

CEMENT
ACC first quarter net up 84 pc on higher realisation
IMPROVED price realisation from cement sales has helped Associated Cement Companies Ltd (ACC) report an 84 per cent increase in net profit, year-on-year, for the first quarter of the current fiscal, despite near-stagnant sales volumes. Net ... More

PHARMACEUTICALS
Novartis Q1 net up at Rs 21.14 cr
NOVARTIS India Ltd has posted a net profit of Rs 21.14 crore for the quarter-ended June 30, 2004, against a net profit of Rs 17.63 crore for the same quarter in the previous year. Total income has decreased to Rs 138.48 crore (Rs 140.89 ... More

Nicholas Piramal Q1 net up 85 pc
MUMBAI: Drug major Nicholas Piramal India Ltd (NPIL) has posted a net profit of Rs 48.74 crore for the first quarter ended June 30, 2004, up 85 per cent over Rs 26.32 crore in the same quarter in the previous year. Total income clocked ... More

Strides Arcolabs back in black
STRIDES Arcolabs reported consolidated net profit of Rs 10.42 crore for the third quarter ended June 2004 against a net loss of Rs 1.7 crore during the corresponding quarter last year. Its total income showed a 50 per cent growth, at Rs 101.22 ... More

STEEL
Tata Steel Q1 net triples to Rs 745 cr
TATA Steel has reported a net profit of Rs 745.49 crore for the first quarter ended June 30, 2004, as against the previous corresponding Rs 267.07 crore. Net sales/income from operations amounted to Rs 3,164.65 crore (Rs 2,257.10 ... More

TEXTILES
Arvind Mills posts lower net at Rs 18 cr
ARVIND Mills Ltd has reported lower net profit at Rs 18 crore for the quarter ended June 30, 2004, as against Rs 28 crore reported in the quarter ended June 30, 2003. Revenues stood at Rs 396 crore (Rs 375 crore). According to the company, high ... More

  • SRF Q1 net falls 13%

    PERSONAL PRODUCTS
    Godrej Consumer posts Rs 17-cr net profit
    Mumbai: Godrej Consumer Products Ltd has ended the first quarter of 2004/2005 with a 25 per cent increase in profit after tax at Rs 17 crore as compared to Rs 13.82 crore in the year-ago period. Sales revenue net of excise increased by ... More

    ELECTRICAL GOODS

  • Crompton Greaves Q1 net at Rs 17.53 Cr

    SOFTWARE
    Satyam Q1 net profit rises 43 pc at Rs 173 cr
    SATYAM Computer Services Ltd has recorded software revenues of Rs 771.50 crore (as against guidance of Rs 732 crore) and a net profit of Rs 173.48 crore for the first quarter ended June 30, 2004. It has registered an increase of 37.85 per cent ... More

    Cranes Soft net up at Rs 8.7 cr
    CRANES Software International Ltd, a scientific and engineering software solutions provider, has reported a net profit of Rs 8.74 crore for the quarter ended June 2004. The net profit on revenues of Rs 27.88 crore (Rs 11.32 crore) was an ... More

    DAIRY & DAIRY PRODUCTS
    Marico Ind Q1 profit at Rs 16 cr; to pay 10 pc interim
    MARICO Industries Ltd has ended the first quarter of 2004-05 with a net profit of Rs 15.94 crore against Rs 14.62 crore in the year-ago period. Net sales moved up to Rs 231.87 crore from Rs 203.16 crore. In its consolidated operations, ... More

    CREDIT RATING
    Crisil net up 6.7 pc
    CRISIL Ltd has reported a 6.7 per cent increase in net profit, year-on-year, at Rs 3.89 crore, for the quarter ended March 31, 2004. The company had reported a net profit of Rs 3.65 crore during the corresponding quarter of the previous ... More

    PRIVATE BANKS
    South Indian Bank Q1 net falls to Rs 18 cr
    THE Thrissur-based South Indian Bank has clocked a net profit of Rs 18.44 crore for the first quarter of the current fiscal, against Rs 22.60 crore recorded for the corresponding previous period. The operating profit stood at Rs 39.18 crore (Rs ... More

    PUBLIC SECTOR BANKS
    Corporation Bank Q1 net down 17 pc
    CORPORATION Bank has recorded a net profit at Rs 105.51 crore during the quarter ended June 30, a 17 per cent decline over the net of Rs 126.43 crore in the corresponding quarter in the previous year. Announcing the results, the Chairman and ... More

    UCO Bank Q1 net rises to Rs 142 cr
    UCO Bank has announced a 4.4 per cent growth in net profit to Rs 142 crore during the quarter-ended June 30, 2004 against Rs 136 crore during the corresponding period in the previous fiscal. The Chairman and Managing Director of the bank, Mr ... More

    SBT net up 84 pc in first quarter
    STATE Bank of Travancore (SBT) has registered 84-per cent increase in net profit during the first quarter ended June 30, over the same period last year. The net profit for the quarter was Rs 94.01 crore as against Rs 51.22 crore in the ... More

    SUPPLY CHAIN MANAGEMENT
    Blue Dart Express posts 50.27 pc rise in Q1 net
    VOLUME growth and operations based on a fixed cost model helped Blue Dart Express post a net profit of Rs 8.34 crore in the first quarter ended June 30. This represented a 50.27 per cent increase on the net profit of Rs 5.55 crore recorded in ... More




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    Top Stories
    Tax modifications spell positive for MFs


    New VRS for insurance staff likely

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    Cement, steel slowdown hits core sector growth

    India left out of 6-nation pact for low-cost AIDS drugs

    Iran lifts ban on India tea; exports set to resume

    ACC first quarter net up 84 pc on higher realisation

    Looking back
    Jul. 11-Jul. 17
    Biocon Q1 net doubles on statin exports

    NDTV stages turnaround, posts net profit of Rs 7.63 cr


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