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Friday, January 25, 2002

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CORPORATE RESULTS

CEMENT


Gujarat Ambuja Q2 net up 76 pc
MUMBAI: Gujarat Ambuja Cements Ltd has reported a 76 per cent increase in net profit for the second quarter ended December 31, 2001 at Rs 57.16 crore as against Rs 32.55 crore during the corresponding quarter of the previous year. Net ... More

PHARMACEUTICALS


Zydus Cadila exports up 81 pc
NEW DELHI: Ahmedabad-based Zydus Cadila has reported sales of Rs 152 crore, a 30 per cent increase for the third quarter ended December 31, 2001. It had clocked sales of Rs 117 crore in the corresponding quarter last year. The group ... More

POWER


Tata Power net up 6 pc
MUMBAI: Lower fuel costs and higher income from hydro power projects pushed up the net profit of Tata Power Company Ltd (TPC) by six per cent to Rs 108 crore (Rs 102 crore) for the third quarter ended December 31, 2001. The company's ... More

STEEL


Tata Steel net down 73 pc at Rs 34.54 cr
IN a scenario of gloom for the steel sector, Tata Iron and Steel Company has maintained profitability with a net profit at Rs 34.54 crore during the October-December 2001 quarter, down 73 per cent from Rs 127.69 crore in the year-ago ... More

CIGARETTES


VST Industries net rises
HYDERABAD: VST Industries Ltd has posted a net profit of Rs 11.62 crore during the quarter ended December 31, 2001 as compared to Rs 6.08 crore during the corresponding period in the previous year. During the period under ... More

PERSONAL PRODUCTS


Marico Ind PAT up 16 pc
MARICO Industries Ltd in its consolidated figures (including its 100 per cent subsidiary Marico Bangladesh Ltd) has reported a 16 per cent increase in profit after tax at Rs 11.9 crore during the October-December 2001 quarter. Turnover rose by ... More

SOFTWARE


Polaris Software net dips 8 pc in Q3
POLARIS Software Lab Ltd has posted a net profit of Rs 15.29 crore for the third quarter ended December 31, an 8.77 per cent drop compared to a net profit of Rs 16.77 crore during the corresponding period last year. Total Income during Q3 of ... More

KPIT revenue falls in Q3
KPIT Infosystems Ltd, has recorded a fall in revenue for the quarter ended December 2001. The revenue for this quarter was Rs 11.57 crore as against Rs 13.39 crore revenue for the corresponding period last year. According to a company release, ... More

HOUSING FINANCE


LIC Housing net up 26.5 pc
MUMBAI: LIC Housing Finance Ltd. has reported a 26.5 per cent increase in net profit of Rs 32.12 crore for the quarter ended December 31, 2001 as against Rs. 25.38 crore during the corresponding quarter of the previous year. Income ... More

PUBLIC SECTOR BANKS


Oriental Bank net up 63 pc
NEW DELHI: Oriental Bank of Commerce (OBC) has recorded a 53 per cent increase in gross profit of Rs 531 crore for the first nine months ended December 31, 2001 compared to Rs 347 crore for the same period last year. After making ... More

Punjab National net up 20 pc
NEW DELHI: Punjab National Bank has registered a net profit of Rs 410.28 crore for the nine-month ended December 2001, a 20.13 per cent rise over Rs 341 crore net during the corresponding period in the previous year. Gross profit was ... More

FINANCIAL INSTITUTIONS


ICICI Q3 net at Rs 256 cr, declares 55 pc interim
ICICI Ltd today reported marginal growth in its topline and an almost flat bottomline in the third quarter of fiscal 2001-02. However, the institution declared an interim dividend of Rs 5.50 per share or 55 per cent. The financial ... More

Corpbank Sec posts profit
MANGALORE: Corpbank Securities Ltd, a wholly-owned subsidiary of Corporation Bank, has registered an operating profit of Rs. 70.18 crore and a post-tax profit of Rs. 45.08 crore for the nine-month period ended December 31, 2001. Total ... More


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