Don’t miss the latest developments in business and finance.

Indo Asian, Mirc Elec, Sterlite Optical & UTV Soft results

CORPORATE SCORECARD

Image
Our Bureau Mumbai
Last Updated : Feb 25 2013 | 11:28 PM IST
 
Indo Asian has registered a 103 per cent increase in its net profit at Rs 3.43 crore announced today as against Rs 1.69 crore during the corresponding quarter in the previous year.
 
Indo Asian Fusegear is India's largest manufacturer of low-tension circuit protection equipment. The company announced a 31 per cent growth in its gross revenue at Rs 31.40 crore as against a Rs 24.01 crore in the previous year.
 
The company had recently received approval from the Bombay Stock Exchange for listing of its shares, post its merger with Indo Kopp Ltd.
 
Mirc Elec net up
 
Mirc Electronics Ltd has posted a net profit of Rs 6.33 crore for the quarter ended June 30, 2005, compared to Rs 4.41 crore in the corresponding quarter, the previous year.
 
The company's net sales increased to Rs 238.39 crore for the quarter under review, a growth of over Rs 217.98 crore reported during the previous corresponding quarter.
 
Sterlite Opticals net up
 
Sterlite Optical Technologies has posted a net profit of Rs 2.10 crore for the quarter ended June 30, 2005, compared with a Rs 4.15 crore loss during the corresponding quarter in the previous financial year.
 
Revenues grew by 29 per cent at Rs 69.59 crore in the first quarter as against Rs 53.88 crore during the corresponding quarter in the previous financial year.
 
Earnings per share for the current quarter was Rs. 0.37. During the first quarter, the company's Indian, International market revenue mix was 87:13.
 
UTV Soft net profit up
 
UTV Software Communications has posted a net profit of Rs 3.49 crore for the quarter ended June 30, 2005. Net sales for the first quarter stood at Rs 42.57 crore.
 
The consolidated net profit for the first quarter was Rs 3.45 crore while the consolidated revenues registered was Rs 48.49 crore.
 
Being the first year of quarterly publishing of financial results after its initial public offering (IPO) and subsequent listing of company's equity in March, 2005, comparative figures for the previous year quarter were not available.

 
 

Also Read

First Published: Aug 01 2005 | 12:00 AM IST

Next Story