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Tuesday, February 01, 2005

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CORPORATE RESULTS

CEMENT


Birla Corp back in black
KOLKATA: Birla Corporation Ltd, the flagship company of the MP Birla group, has recorded a net profit of Rs 5.95 crore in the third quarter of the current financial year against a net loss of Rs 2.92 crore registered in the corresponding ... More

ENGINEERING


Thermax Q3 net rises 31 pc
THERMAX Ltd, a player in energy and environment solutions, has announced improved results for the third quarter ended December 2004. It has recorded a net profit of Rs 12.6 crore, compared to Rs 9.6 crore in the corresponding quarter last ... More

BHEL net rises 78 pc
NEW DELHI: Bharat Heavy Electricals Ltd. (BHEL) has reported a 78.4 per cent jump in its net profit for the third quarter of this fiscal to Rs 237.4 crore, compared to Rs 133 crore in the year-ago period. The company also declared an ... More

PETROLEUM


ONGC net doubles to Rs 3,493 cr in Q3
OIL and Natural Gas Corporation's net profit has risen by 103 per cent to Rs 3,493 crore for the third quarter ended December 31, 2004, mainly on the strength of higher crude oil prices. ONGC realised $41.25 per barrel for the 6.68 mt of ... More

IOC net drops 46 pc in Q3
INDIAN Oil Corporation has posted a 46 per cent drop in its net profit at Rs 1,286.76 crore for the third quarter ended December 31, 2004, over the corresponding period last fiscal. "The dip in profit was primarily due to higher ... More

BPCL Q3 net down 70 pc
MUMBAI: Under recovery on kerosene and cooking gas prices has led to a 70 per cent drop in Bharat Petroleum Corporation Ltd's third quarter net profit at Rs 145.7 crore (Rs 4.86 a share) against Rs 484.3 crore (Rs 16.14 a share), in the ... More

PHARMACEUTICALS


Dr Reddy's Q3 net dips 93%
DR Reddy's Laboratories Ltd has suffered a steep fall of 93 per cent in net profit for the third quarter of current fiscal ended December 2004. The company suffered a fall of eight per cent in turnover, 36 per cent in operating profit before ... More

SHIPPING


SCI net zooms 111 pc in Q3
BUOYED by strong freight market sentiments, Shipping Corporation of India (SCI) has recorded a 111 per cent increase in its net profit for the third quarter of the current fiscal, compared to the corresponding quarter of last fiscal. During ... More

TEXTILES


Bombay Dyeing net dips 45 pc
MUMBAI: Pressured by a huge increase in raw material costs, Bombay Dyeing and Manufacturing Company Ltd's net profit fell 45 per cent to Rs 7.16 crore for the quarter ended December 31, 2004, over Rs 13.13 crore in the year-ago period. ... More

Vijay Textiles Q3 profit rises 10 fold; to pay 40% interim
VIJAY Textiles Ltd (VTL), the Hyderabad-based manufacturer of furnishings and upholstery fabrics, has recorded 68 per cent growth in turnover and over ten-fold growth in post-tax profit for the third quarter of current fiscal ended December ... More

Alok Ind net rises
MUMBAI: Alok Industries Ltd posted a net profit of Rs 24.87 crore for the quarter ended December 31, 2004, compared to Rs 14.52 crore for the quarter ended December 31, 2003. Its total income increased to Rs 334.04 crore (Rs 278.4 ... More

AUTOMOBILE COMPONENTS


Sundram Fasteners doubles Q3 net
A RS 11.76-crore gain arising out of foreign exchange fluctuation was mainly responsible for the 100 per cent increase in Sundram Fasteners' net profit for the quarter ended December 2004. The company reported a net profit of Rs 24.75 crore ... More

HCV/LCV/TRACTORS


Tata Motors posts 50 pc rise in third quarter net
TATA Motors Ltd today reported a 50 per cent increase in profit after tax at Rs 316.21 crore for the quarter ended December 31, 2004, from the previous corresponding Rs 210.88 crore. Backed by a 26 per cent growth in vehicles sales to 98,662 ... More

SOFTWARE


Mascon Global Q3 net dips
MASCON Global Ltd, has reported a net profit of Rs 69 lakh on a turnover of Rs 74.99 crore for the quarter ended December 2004, against a net profit of Rs 1.96 crore on turnover of Rs 54.46 crore for the corresponding quarter last year. Total ... More

HOUSING FINANCE


LIC Housing Finance Q3 net down 7 pc
LIC Housing Finance Ltd has reported a 7 per cent decline in net profit for the third quarter ended December 31, 2004, despite a 24 per cent increase in profit before tax for the same period. Net profit for the quarter amounted to Rs 42 crore, ... More

PRIVATE BANKS


South Indian Bank Q3 net dips 16 pc
THE net profit of the Thrissur-based South Indian Bank declined 16 per cent to Rs 23.19 crore (Rs 27.67 crore) during the third quarter of the current fiscal. "It is significant that the bank could contain the impact of the steep fall in ... More

PUBLIC SECTOR BANKS


Oriental Bank net falls in Q3
ORIENTAL Bank of Commerce posted a net profit of Rs 128.15 crore for the quarter ended December 2004 compared with Rs 152.22 crore for the year-ago quarter. Total income for the quarter was at Rs 1,062.68 crore as against Rs 988.45 crore ... More

FINANCIAL INSTITUTIONS


IDBI Q3 net up 34 pc at Rs 62 cr
IDBI Ltd has recorded a net profit of Rs 62.13 crore for the quarter ended December 2004, a 33.5 per cent rise over Rs 46.55 crore during the corresponding previous period. Profit before tax stood at Rs 58.16 crore (Rs 52.41 crore). IDBI made ... More


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Thermax Q3 net rises 31 pc


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In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
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Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jan. 23-Jan. 29
Demand for bio-fuels drives Praj Ind's growth — 5-fold rise in Q3 net on higher exports

GE Shipping posts Rs 288-cr net in Q3

SAIL Q3 rises to Rs 1,514 cr — To pay 15% interim

Hexaware Q4 net up multi-fold

Vijaya Bank Q3 net down 49 pc

i-flex Solutions third-quarter net up 33 pc

Grasim net up 32.6 pc


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