CORPORATE RESULTS
CHEMICALS
Tata Chemicals posts higher net in Q2 at Rs 87.19 cr — Bangladesh venture to cost $450-500 million
TATA Chemicals' proposed one-million-tonne urea plant in Bangladesh, part of the Tata group's recently announced $2-billion investment package in that country, could cost $450 million-$500 million. Mr Prasad Menon, the company Managing ...
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PETROLEUM
Gujarat Gas net up 7.7 pc
AHMEDABAD: Gujarat Gas Company Ltd, a subsidiary of the BG Group, has said that its second quarter profit had risen 7.7 per cent to Rs 19.5 crore despite a fall in sales. Gujarat Gas had logged a sales income of Rs 163 crore in the ...
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CPCL's net surges to Rs 127. 79 cr
A DOUBLING of refining margins helped Chennai Petroleum Corporation Ltd increase its net profit for the second quarter of the current year to Rs 127.79 crore from Rs 46.58 crore in the previous year. Gross refining margin for the quarter ...
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POWER
ABB Q3 net rises 73 pc at Rs 36 cr
THE power and automation technologies major, ABB, on Tuesday reported a 73 per cent increase in its net profit for the third quarter ended September 30. The net profit of Rs 36 crore (Rs 20.8 crore) was earned from a revenue of Rs 575.5 crore ...
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PUBLIC SECTOR BANKS
Interest income lifts Union Bank Q2 net
HIGHER interest income has helped Union Bank of India to achieve a 24.12 per cent growth in net profit at Rs 210.68 crore for the second quarter ended September 30, 2004, as against Rs 169.87 crore in the corresponding period of the previous ...
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UCO Bank Q2 net at Rs 141 cr
UCO Bank has posted a net profit of Rs 141 crore during the second quarter of the current fiscal. The bank recorded a 29-per cent increase in net interest income over the corresponding period of the previous year. For the half year ended ...
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SBM income up, profits down in Q2
STATE Bank of Mysore profits dipped 19.11 per cent during the quarter ended September 30, on lower income of Rs 343.37 crore compared to Rs 365.79 crore in the first quarter of the fiscal. The lower income and profits arise mainly from a ...
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SUPPLY CHAIN MANAGEMENT
Blue Dart net rises 51 pc
MUMBAI: Blue Dart Express has posted a net profit of Rs 10.05 crore for the second quarter ended September 30, 2004, representing a 51.4 per cent increase on the Rs 6.64 crore recorded in the previous corresponding quarter. An official ...
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