| Electrical and communication cables manufacturer Finolex Industries posted 16.89 per cent rise in net profit of Rs 14.67 crore for the third quarter ended December 2005 as compared with Rs 12.55 crore for the same quarter in 2004-05. |
| Total income, however, decreased 15.88 per cent to Rs 180.44 crore from Rs 214.51 crore in the year-ago period, the company informed the BSE. |
| Geojit Financial net rises 26% |
| Geojit Financial Services has recorded 26 per cent rise in net profit and 50.66 per cent rise in total income, for the third quarter ended December 2005, compared with the corresponding period of 2004. On a total income of Rs 23.79 crore, the company made a net profit of Rs 4.70 crore. |
| The company has also announced an interim dividend of 17.50 per cent. Compared to the third quarter of 2004, the company has made substantial progress in terms of reach, technology and its pioneering status. Its number of offices has gone up to 322 from 181 last year. |
| Geojit has also invested in technology upgradation and internet trading. A new world class trading platform with high level of efficiency and scalability is also currently in place. |
| The company started its second all women's branch in Mumbai after the one at Kochi. Both the branches were well received by women investors, a company press release said. Geojit plans to open more such branches in the near future, it added. |
| Gulf Oil bottomline at Rs 5.11 cr |
| Gulf Oil Corporation reported a net profit of Rs 5.11 crore for the third quarter ended December 2005. The cumulative net profit stood at Rs 18.76 crore as compared with Rs 17.28 crore in the corresponding quarter of the previous year, reflecting an increase of 8.6 per cent. |
| Net sales turnover for the nine month period ended December 2005 was Rs 315.85 crore as compared with Rs 304.53 crore in the previous year. |
| Operating profit rose 16.7 per cent to Rs 6.04 crore (Rs 5.17 crore). Other income was significantly lower at Rs 4.78 crore (Rs 7.83 crore). |
| The resultant EPS for Q2 was Rs 4.72 (annualised Rs 19.68) as compared to Rs 4.26 (Rs 14.44 for FY05) in the same period last year. |
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