Financial Daily from THE HINDU group of publications
Thursday, July 28, 2005
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CORPORATE RESULTS

DIVERSIFIED


DCM Shriram Q1 net up at Rs 38.58 cr
DCM Shriram Consolidated Ltd (DSCL) has reported a profit after tax of Rs 38.58 crore for the first quarter marking an increase of 162 per cent compared to Rs 14.70 crore during the corresponding quarter last fiscal. The company's revenues ... More

CEMENT


Grasim clocks 15 pc increase in first quarter net profit
BETTER realisations from Grasim Industries' chemicals and cement divisions during the first quarter of this fiscal helped neutralise a downturn in the company's viscose staple fibre (VSF) and sponge iron businesses. Grasim Industries has ... More

ENGINEERING


Bharat Forge net rises 60 pc
BHARAT Forge Ltd (BFL) today reported a 60.39 per cent rise in its consolidated net profit for the quarter ended June 30, 2005, to Rs 63.13 crore from the previous corresponding Rs 39.36 crore. Its total revenue on a consolidated basis was up ... More

HOTELS


EIH Q1 net at Rs 6.55 cr
EIH Ltd has recorded a profit after current tax for the quarter ended June 30, 2005 at Rs 6.55 crore (against a loss of Rs 3.82 crore for the corresponding quarter of the previous fiscal). The PBT for the period under review is placed at Rs ... More

PETROLEUM


Higher refining margins push Reliance Ind Q1 net up 61 pc
A GOOD performance by its refining business, which also reported a 40 per cent increase in exports (including deemed exports), helped Reliance Industries clock a 61 per cent increase in net profitfor the first quarter ended June 30, 2005. Net ... More

ONGC Q1 net up 44 pc
THE state-owned Oil & Natural Gas Corporation Ltd (ONGC) today said that its net profit for the quarter ended June 30 rose by 44 per cent. The company's net profit rose to Rs 3,318 crore for the quarter ended June 30 compared to Rs 2,308.20 ... More

PHARMACEUTICALS


Dabur Pharma net rises 23 pc
DABUR Pharma Ltd registered a 22.7 per cent jump in net profit, up from Rs 4.9 crore to Rs 6 crore, during the first quarter ended June 30, 2005. The sales during the same period increased by 24.5 per cent, from Rs 58.8 crore to Rs 73.2 ... More

Indoco Remedies net rises 18 pc
MUMBAI: Indoco Remedies Ltd has registered an 18 per cent growth in net profit at Rs 25.13 crore for the year ended June 2005. The company clocked a 21.7-per cent growth in total revenues at Rs 220.6 crore, a note from the company ... More

STEEL


Tata Steel net up 24 pc
TATA Steel has reported a 23.96 per cent rise in net profit for the first quarter ended June 30, 2005, to Rs 924.11 crore from the previous corresponding Rs 745.49 crore. The results were below market expectation, therefore, drove the share ... More

Usha Martin net profit jumps 62%
USHA Martin Ltd has registered a 62 per cent jump in net profit during the first quarter of the current fiscal. During the period April-June 2005, the company's net profit went up to Rs 13.23 crore from Rs 8.15 crore recorded during the ... More

Nava Bharat Ferro Q1 net down
HYDERABAD: Despite a growth of 28.44 per cent in turnover, Nava Bharat Ferro Alloys Ltd has suffered a fall of 35.49 per cent in net profit for the first quarter of current fiscal ended June 30, 2005. The turnover increased to Rs 127.91 ... More

TEXTILES


LMC Q1 turnover down, profit up
DESPITE a marginal dip in net sales, the Coimbatore-based Lakshmi Mills Company Ltd (LMC) has shown sharp increase in net profit in the first quarter of the current fiscal compared to the corresponding previous period. According to the ... More

AUTOMOBILE COMPONENTS


Mico Q2 net down
BANGALORE: Mico has posted a net profit of Rs 102.3 crore for the second quarter ended June 30, 2005 against Rs 104.3 crore for the quarter ended June 30, 2004. The total income has increased from Rs 607.9 crore to Rs 765.80 crore. The ... More

REAL ESTATE & CONSTRUCTION


IVRCL Infrastructure Q1 net up 59 pc
HYDERABAD: IVRCL Infrastructure & Projects Ltd has posted a growth of 28.4 per cent in turnover and 59.2 per cent in net profit for the first quarter of current fiscal ended June 30, 2005. The company reported a turnover of Rs 301.7 crore ... More

Ansal Properties Q1 net zooms
NEW DELHI: Real Estate developer Ansal Properties and Infrastructure Ltd registered a 270 per cent increase in its net profit for the first quarter ended June 2005 at Rs 10.48 crore as compared to Rs 2.83 crore in the corresponding period ... More

SOFTWARE


Sonata Software Q1 net rises 39 pc
SONATA Software reported revenues of Rs 30.1 crore during the first quarter and a net profit of Rs 5.12 crore. This amounts to a sequential rise of 11 per cent in revenues and a 13 per cent rise in net profits. Year-on-year revenues for the ... More

PUBLIC SECTOR BANKS


Heavy provisions, loss on investments sale — Andhra Bank Q1 net falls to Rs 85 crore
DESPITE an increase of 21.69 per cent in total business, Andhra Bank has suffered a significant fall in net profit for the first quarter of the current fiscal ended June 30, 2005, at Rs 85.16 crore from Rs 150.16 crore in the corresponding ... More

Syndicate Bank Q1 net up 30 pc
SYNDICATE Bank has announced a 30 per cent rise in net profit for the first quarter to Rs 163.11 crore compared to the corresponding previous period. Operating profits increased to Rs 280.32 crore (Rs 253 crore). The net profit rose despite a ... More

SBM net dips to Rs 47 cr
STATE Bank of Mysore recorded a growth in operating profit, advances and forex turnover for the first quarter of 2005-06, but a slight dip in net profit, which is down at Rs 46.71 crore from Rs 53.02 crore in the corresponding period last year. ... More



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In Depth

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Looking back
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