Financial Daily from THE HINDU group of publications
Thursday, June 02, 2005
Markets (July 26)
BL 2502331.81 (+6.53)
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Gold Std (10 gm)6050

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CORPORATE RESULTS

PHARMACEUTICALS


Matrix Labs to pay 60 pc dividend
THE board of directors of Matrix Laboratories Ltd on Wednesday recommended a dividend of 60 per cent (Rs 1.20 per share with a face value of Rs 2) for the financial year 2004-05. In a press release here, the company said the dividend would be ... More

POWER


GMR Industries net, turnover up
GMR Industries Ltd, the manufacturing arm of the GMR group, has recorded a net profit of Rs 18.70 crore in 2004-05 against Rs 11.09 crore in the previous year. The company registered a turnover of Rs 310 crore (Rs 259 crore), showing a growth ... More

TEXTILE MACHINERY


LMW Q4 net up 20% at Rs 30 cr
LAKSHMI Machine Works Ltd (LMW) has registered a 20 per cent growth in its net profit for the fourth quarter ended March 2005. The net profit has increased by Rs 5.08 crore to Rs 30.21 crore from Rs 25.13 crore during the corresponding quarter of ... More

BIO-TECH & GENETICS


Panacea Biotec Q4 net Rs 7.36-cr
NEW DELHI: Panacea Biotec has posted a net profit of Rs 7.36 crore for the quarter ended March 31, 2005, against Rs 0.44 crore in the same quarter the previous year. Operating profit has increased by 42 per cent to touch Rs 14.93 crore (Rs ... More

PUBLIC SECTOR BANKS


SBT targets Rs 50,000-cr biz — Net up at Rs 247.13 cr, to pay 75 pc
STATE Bank of Travancore (SBT) is targeting total business of Rs 50,000 crore in the current year. The bank had recorded total business of Rs. 40,069 crore last year and it is expecting the figure to go up by Rs 10,000 crore in 2005-06, ... More


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