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Saturday, April 30, 2005

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CORPORATE RESULTS

CEMENT


Grasim Q4 net profit down 19 pc on higher expenses
HIGHER expenses and Rs 57.7 crore charged towards fall in value of investments has led to a 19-per cent drop in Grasim Industries' fourth quarter net profit. Net profit for quarter ended March 31, 2005 was down at Rs 229.52 crore (Rs 25.03 a ... More

ELECTRONICS


Bharat Electronics net up 44 per cent
BANGALORE: Defence public sector company Bharat Electronics Ltd has posted 44.6 per cent growth in its net profit for the last quarter of fiscal 2004-05. It has reported a net profit of Rs 178.2 crore for the quarter ended March 31, 2005 ... More

FOOD & DAIRY PRODUCTS


Nestle India net rises
NEW DELHI: Nestle India Ltd said on Friday that its first-quarter profit rose 21.3 per cent to Rs 78.05 crore from Rs 64.37 crore in the same period last year. Net sales for the quarter were Rs.613.53 crore - a 5.5 per cent increase ... More

POWER


CESC posts higher turnover, net
KOLKATA: CESC Ltd has posted a higher net profit of Rs 160 crore in 2004-05, compared with Rs 86 crore in 2003-04. The total income was Rs 2,386 crore (Rs 2,416 crore), according to a press release issued by the company. In the fourth ... More

SHIPPING


GE Shipping Q4 net up 36 pc to Rs 252 cr
Great Eastern Shipping has reported a jump of 36 per cent in net profit in the fourth quarter of last fiscal to touch Rs 252 crore. The total income during the quarter was up 19 per cent at Rs 571 crore. The net profit for the whole of last ... More

Essar Shipping net zooms
MUMBAI: Essar Shipping Ltd has reported a 190 per cent jump in net profit during the last quarter of 2004-05 to touch Rs 120.12 crore. Its income during the quarter was Rs 232.76 crore. For the full year, the company's net profit was Rs ... More

Dredging Corporation net falls
HYDERABAD: Dredging Corporation of India Ltd has announced a fall in both income and net profit for both the quarter and year ended March 2005. As per the unaudited results for the quarter, the company has posted a net profit of Rs 33.01 ... More

TEXTILES


Pioneer Embroideries net rises
MUMBAI: Pioneer Embroideries' net profit for the quarter ended March 1, 2005 rose to Rs 2.3 crore over Rs 2.16 crore in the corresponding previous quarter. Sales rose to Rs 33.66 crore (Rs 25.11 crore). For the full year, net profit rose ... More

PERSONAL PRODUCTS


HLL Q1 net declines 14.6 pc at Rs 258 cr — Sales go up 6.5 per cent
HINDUSTAN Lever Ltd (HLL) on Friday reported a 14.58 per cent decline in its first quarter profit after tax (before exceptional items) to Rs 258.72 crore from the previous corresponding Rs 302.91 crore. Net profit after exceptional items was Rs ... More

RADIO/TV


Zee Telefilms Q4 net dips
MUMBAI: Zee Telefilms Ltd has ended the fourth quarter of 2004-05 with a fall in profit after tax at Rs 37.04 crore from Rs 44.59 crore in the year-ago period. Total income edged up to Rs 195.1 crore (Rs 189.8 crore). However, in its ... More

AUTOMOBILE COMPONENTS


India Motor Parts net dips marginally
CHENNAI: India Motor Parts & Accessories Ltd has reported a net profit of Rs 2.01 crore on net sales of Rs 51.03 crore for the quarter ended March 31, 2005. During the corresponding period in the previous year the company reported a net ... More

SOFTWARE


i-flex Q4 net up 90%
I-FLEX Solutions, reported a net profit of Rs 103.8 crore for the quarter ended March 31, 2005, compared to Rs 54.7 crore last year, an increase of 89.76 per cent. Net revenue for the period rose 71.3 per cent to Rs 358.6 crore from Rs 209.3 ... More

Zensar net up at Rs 39 cr
ZENSAR Technologies, a joint venture of the RPG group and Fujitsu, has reported a consolidated net profit of Rs 39.1 crore for the year ended March 31, 2005, compared to Rs 12.6 crore the previous year. This includes the profit on sale of land ... More

DAIRY & DAIRY PRODUCTS


Lotte India net up
CHENNAI: Lotte India Corp Ltd (LICL) has recorded a net profit of Rs 36 lakh on gross sales of Rs 31.73 crore for the three months ended March 31, 2005, compared to a net profit Rs 70 lakh on gross sales of Rs 28.55 crore for the ... More

PUBLIC SECTOR BANKS


PNB annual net up 27 pc
PUNJAB National Bank (PNB) has registered a net profit of Rs 1,410.12 crore for fiscal 2004-05, a 27.02 per cent growth over the previous year's net of Rs 1,108.69 crore. However, the operating profit was lower at Rs 2,707.20 crore (Rs 3,120.86 ... More

Bank of India fourth quarter net drops 85 pc to Rs 53 cr
A decline in the profits from sale of investments and higher provisioning has resulted in Bank of India's net profit dropping by 85 per cent to Rs 52.79 crore for the fourth quarter ended March 31, 2005, against Rs 349.10 crore in the ... More

Marginal rise in SBT annual net
STATE Bank of Travancore (SBT) has recorded a marginal rise in net profit during 2004-05. The bank earned a net profit of Rs 247.13 crore during the year as against Rs 244.60 crore in 2003-04. The operating profit increased by Rs 101.22 crore ... More

FINANCIAL INSTITUTIONS


IDBI's 6-month net at Rs 307 cr
INDUSTRIAL Development Bank of India (IDBI) has earned net profit of Rs 307 crore during the six-month ended March 31, 2005. The bank has not given comparable figures for the corresponding period in the previous year. The Reserve Bank of India ... More


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GE Shipping Q4 net up 36 pc to Rs 252 cr

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Apr. 17-Apr. 23
ONGC net rises 47% in 2004-05


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