Bajaj Electricals has registered a marginal 1.7 per cent increase in its net profit at Rs 4.88 crore for the quarter ended March 31, 2005 compared with Rs 4.80 crore in the corresponding quarter in the previous year. |
Net sales have grown by 20 per at Rs 229.55 crore for the current quarter against Rs191.15 crore in the similar quarter in the previous year. Net profit for the year ended March 31, 2005 has posted a 32 per cent increase at Rs 22.57 crore against Rs 10.31 crore in the corresponding last year. |
Net sales for the current year grew by 28 per cent at Rs 649.63 crore compared with Rs506.92 crore in the previous year. The board has declared a dividend of 30 per cent. |
Dabur Pharma pre-tax Q4 net up 74% |
Dabur Pharma Ltd (DPL) recorded a 74 per cent increase in its pre-tax profit to Rs 8.8 crore during the fourth quarter ended March 31, 2005 compared to the same period last year. Its sales grew 4.2 per cent to rs 48.3 crore during Q4, 2004-05. |
In 2004-05, DPL recorded a growth of 9.9 per cent in sales to Rs 234.8 crore compared with Rs 213.6 crore in the last fiscal. DPL's international revenues increased 31.9 per cent while bulk drugs business recorded a growth of 38.9 per cent. |
"We have been able to gain entry in new markets like Korea and strengthen our position in existing markets. In countries like Thailand, Malaysia, The Philippines and Sri Lanka, we are now the largest oncology company in terms of market share," said Ajay Vij, COO, Dabur Pharma. The company has declared a 10 per cent dividend. |
Federal Bank Q4 net up 30% |
Federal Bank has posted a 30 per cent jump in net profit for the fourth quarter ended March 31, 2005 at Rs 29.86 crore, up from Rs 23 crore in the corresponding period of the previous year. The board has recommended a dividend of 25 per cent on equity shares. |
For the full year, the Kochi-based old private bank posted a 34 per cent dip in its net profit to Rs 90.09 crore (Rs 136.30 crore) mostly on account of the hit on the treasury front. For the fourth quarter, total income fell to Rs 347.95 crore (Rs 387.61 crore). Total expenditure was reduced to Rs 255.21 crore (Rs 285.06 crore and operating expenses decreased to Rs 75.90 crore (Rs 89.63 crore). |
Operating profit for Q4 fell to Rs 92.74 crore (Rs 102.55 crore). Net interest income for the fourth quarter fell marginally to Rs 111.7 crore (Rs 119.47 crore). Other income fell to Rs 56.94 crore (Rs 72.71 crore). |
The bank took a hit of Rs 69.97 crore as depreciation on account of transfer of Rs 1,805.30 crore of government securities effected in September 2004, from AFS category to HTM category as permitted by RBI. The bank's capital adequacy ratio stood at 11.27 per cent, while net NPA as a percentage of net advances was at 2.21 per cent (2.89 per cent). |