Grasim Q3 bottomline up 47.9%
Grasim Industries has posted a 47.9 per cent jump in net profit to Rs 133 crore for the third quarter ended December 2002 compared Rs 89.9 crore in the corresponding quarter of the previous year. Net sales stood at Rs 1,166.6 crore (Rs 1,050.4 crore), up 11 per cent.
Castrol Q4 net at Rs 40.01 crore
Castrol India has earned a net profit of Rs 40.01 crore for the quarter ended December 2002 compared to Rs 30.02 crore in the quarter ended December 2001. Total income (net of excise) has decreased to Rs 311.42 crore (Rs 323.2 crore). The company posted a net profit of Rs 152.89 crore for the year ended December 2002 compared to Rs 108.4 crore in the year ended 31 December 2001. Total income (net of excise) has decreased to Rs 1168.63 crore (Rs 1180.02 crore).
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GTL net profit at Rs 22.67 crore
GTL has reported a 25 per cent growth in net profit for the third quarter ended December 2002 at Rs 22.67 crore as compared to Rs 18.16 crore in the corresponding quarter of the last year. Revenues rose 5 per cent at Rs 156.76 crore (Rs 148.66 crore).
Titan Q3 net dips to Rs 4.6 crore
Titan Industries has reported a net profit of Rs 4.6 crore for the third quarter ended December 2002, compared to Rs 7 crore in the corresponding quarter of last year. For the nine months to December, it posted a net loss of Rs 3.6 crore, compared to a profit of Rs 52 lakh in the corresponding period of the previous year. This is on account of Rs 11.3 crore being amortised towards brand building in European operations and one-time consultancy charges. However, the top line grew 20 per cent in the last quarter and by 10 per cent in the nine-month period.
Voltas net zooms to Rs 2.85 cr in Q3
Voltas has reported a surge in net profit at Rs 2.85 crore for the quarter ended December 2002 against Rs 4 lakh for the quarter ended December 2001. Net sales increased 36.55 per cent to Rs 264.05 crore (Rs 193.36 crore). Net profit for the nine months to December stood at to Rs 13.14 crore (Rs 5.37 crore). Net sales increased to Rs 851.92 crore (Rs 659.07 crore).
Chennai Petro Q3 net down to Rs 32 cr
Chennai Petroleum Corporation has posted a reduced net profit of Rs 32.38 crore for the third quarter ended December 2002 as compared to Rs 34.95 in the quarter ended December 2001. Total income (net of excise) increased to Rs 2045.7 crore (Rs 1563.08 crore).
BASF net down 25.74% at Rs 5.51 cr
BASF India has posted a 25.74 per cent dip in net profit at Rs 5.51 crore for the third quarter ended December 31, 2002 as compared to Rs 7.42 crore in the same period of the previous year. Total income (net of excise) declined to Rs 116.97 crore (Rs 129.2 crore).
Alembic 9-mth net rises 67%
Vadodara-based Alembic has reported a 67 per cent increase in its net profit for the nine months ended December 2002 at Rs 25.94 crore as against Rs 15.51 crore last year. Sales and operating income grew 9 per cent at Rs 432 crore (Rs 398 crore).
Ipca Labs Q3 net rises 115 per cent
Ipca Laboratories has reported a 115.4 per cent increase in net profit for the third quarter ended December, 2002, at Rs 15.94 crore against Rs 7.4 crore during the same quarter of fiscal 2002. Net sales rose 7.6 per cent to Rs 123.48 crore (Rs 114.72 crore).
Samtel Colour Q3 net dips 36%
Samtel Colour Ltd has reported a 36 per cent dip in net profit at Rs 8.56 crore for the third quarter ended December 31, 2002 as against Rs 13.48 crore in the same period of the previous year. Gross turnover rose 26 per cent to Rs 254.07 crore (Rs 196.74 crore). The net profit during April-December 2002 stood at Rs 14.77 crore.
CWC turnover rises to Rs 380 cr
The Central Warehousing Corporation (CWC) has earned a net profit of Rs 90.22 crore, some 24 per cent higher than the previous year