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Wednesday, February 02, 2005

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CORPORATE RESULTS

ELECTRONICS


20 pc rise in BEL third quarter net
BHARAT Electronics has posted 20 per cent growth in its third quarter net profit with figures of Rs 82.30 crore. The defence PSU has turned out total income of Rs 690.25 crore, an increase of 13.7 per cent over the previous fiscal year's Q3 ... More

ENGINEERING


ABB India net profit rises 24 pc to Rs 154 cr; to pay 70%
ABB India has declared a dividend of 70 per cent (Rs 7 per share of Rs 10 each) for the year ended December 31, 2004. The company has earned revenue of Rs 2,305.6 crore, an increase of 53 per cent over the previous year. Powered by growth ... More

Texmaco net rises 88 pc
KOLKATA: Texmaco, a K.K. Birla group outfit, has posted an 88 per cent rise in profit after tax during the quarter ended December 31, 2004 against the corresponding quarter in the previous fiscal. According to the unaudited results for ... More

PHARMACEUTICALS


Ind-Swift net profit rises
NEW DELHI: Ind-Swift Laboratories Ltd has registered total revenues of Rs 66.77 crore for the third quarter ended December 31, 2004, up from Rs 44.87 crore during the corresponding quarter last year, a jump of 49.9 per cent. The net ... More

Rise in Jubilant Q3 net
NEW DELHI: Jubilant Organosys Ltd has reported a net profit of Rs 26.9 crore for the third quarter ended December 2004 marking an increase of 20 per cent compared to the corresponding quarter of the previous financial year. Net sales ... More

STEEL


Jindal merged co posts Rs 225.11-cr net in Q3
THE merged entity of Jindal Iron and Steel Company Ltd (Jisco) and Jindal Vijaynagar Steel Ltd (JVSL) has reported a net profit of Rs 225.11 crore for the third quarter ended December 2004. Gross turnover was Rs 2,300.57 crore with domestic ... More

Welspun Gujarat net dips 36 pc
A steep jump in steel prices and an increase in payments towards funding the expansion of its Gujarat-based unit have led to a 36-per cent drop in the net profits of steel pipe maker Welspun Gujarat Stahl Rohren. Welspun Gujarat has reported a ... More

Bhushan Steel Q3 net up 68 pc
NEW DELHI: Bhushan Steel & Strips Ltd has reported a net profit of Rs 37 crore for the third quarter ended December 2004, up 68 per cent, compared with the Rs 22-crore net profit reported in the corresponding quarter of the previous ... More

TEXTILES


Precot Mills posts higher profit in Q3
PRECOT Mills Ltd has almost doubled its net profit despite a marginal decrease in net sales and a rise in interest outgo during the quarter ended December 31, 2004. The company's unaudited financial results for the third quarter have revealed ... More

BREWERIES


McDowell clocks 15.8 pc rise in 9-month net
MCDOWELL & Co Ltd has reported a 15.8 per cent jump in net profit, from Rs 15.7 crore to Rs 18.18 crore, for the nine-month period ended December 2004. The company said that the rise in net profit was achieved in a very difficult year when ... More

AUTOMOBILE COMPONENTS


India Motor Parts net rises
CHENNAI: India Motor Parts and Accessories Ltd has reported a net profit of Rs 2.33 crore for the quarter ended December 2004, a slight increase over the Rs 2.23 crore clocked during the corresponding previous quarter. The turnover ... More

GEMS & JEWELLERY


Shrenuj Q3 net up 63 pc
SHRENUJ & Company's revised marketing strategy pushed up its top and bottomline for both the third quarter (Q3) and the first nine-month period ended on December 31, 2004. The total sales for the third quarter of the current financial year ... More

REAL ESTATE & CONSTRUCTION


IVRCL Infrastructure PAT up
HYDERABAD: IVRCL Infrastructure and Projects Ltd has registered a turnover of Rs 284.31 crore for the quarter ended December 31, 2004, as against Rs 214.17 crore in the same period last year, showing a growth of 32.75 per cent. The ... More

Nagarjuna Construction Q3 net profit up
HYDERABAD: Nagarjuna Construction Company Ltd (NCC) has achieved a net profit of Rs 12.09 crore on a turnover of Rs 265.42 crore during the third quarter ended December 31, 2004, as against a net profit of Rs 8.64 crore on a turnover of Rs ... More

ABRASIVES


64 pc rise in Carborundum Q3 net
CHENNAI: Carborundum Universal has reported a net profit of Rs 9.27 crore for the third quarter of the current year, compared with Rs 5.65 crore in the sameperiod last year, a rise of 64 per cent. The company has attributed the rise in ... More

TRADING


Satnam net rises 43 pc
MUMBAI: SATNAM Overseas Ltd, known for its Kohinoor brand of basmati rice, has registered a net profit of Rs 4.74 crore for the quarter ended December 2004 compared with Rs 3.31 crore in the corresponding period of the previous financial ... More

HEALTHCARE PRODUCTS


Procter & Gamble Hygiene net up 7 pc in Q2
PROCTER & Gamble Hygiene and Health Care Ltd (PGHH) reported a seven per cent increase in its profit after tax for the second quarter ended December 2004 at Rs 41.95 crore on the back of higher sales. Total sales of Rs 198.75 crore showed a ... More

FINANCIAL INSTITUTIONS


Srei profits rise
KOLKATA: Srei Infrastructure Finance Ltd, formerly Srei International Finance Ltd, posted a 114 per cent rise in PBT in the third quarter of 2004-05 ended on December 31, 2004. According to the un-audited result, which was taken on ... More


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Jan. 23-Jan. 29
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