| Ipca Laboratories has posted 23.09 per cent growth in net profit at Rs 17.96 crore for the quarter ended March 31, 2006, compared with Rs 14.59 crore for the corresponding quarter in the previous year. Total income increased by 9.91 per cent at Rs 180.69 crore as against Rs 164.39 crore in the year-ago period. |
| The company's net profit for the full year fell by 26.14 per cent at Rs 63.98 crore compared with Rs 80.71 crore for the year ended March 31, 2005. Total income during the year increased by 9.89 per cent to Rs 753.30 crore as opposed to Rs 685.45 crore in the year ago. |
| The company has recommended 30 per cent final dividend, taking the total dividend for 2005-06 to 55 per cent. |
| Rajesh Exports net down 81% |
| Rajesh Exports has posted an 81 per cent drop in its net profit to Rs 3.64 crore during the fourth quarter ended March 31, 2006 against Rs 19.79 crore reported during the corresponding quarter previous fiscal. |
| Total income for the quarter grew by 25 per cent to Rs 1,783.74 crore in comparison with Rs 1,426.23 crore in the Q4 of fiscal 2004-05. |
| For the whole year, net profit grew by 54.45 per cent to Rs 66.54 crore against Rs 43.08 crore in the previous year. Revenue for the year at Rs 5483.86 crore grew by 29.11 per cent in comparison with Rs 4247.13 crore posted during the corresponding period in previous fiscal. |
| The company also registered a diluted earnings per share (EPS) of Rs 18.62 on a Rs 2 face value share compared with Rs 12.31 on a Rs 2 face value share for the same period a year ago, registering an increase of 51.26 per cent. |
| The board of the company has also recommended 100 per cent dividend, for the second consecutive year. |
| Uttam Galva net down 45% |
| Hampered by lower sales and increase in interest and depreciation costs, Uttam Galva reported 45 per cent fall in net profit for the quarter ended March 31, 2006, at Rs 26 crore compared with Rs 48 crore in the corresponding period last year. |
| Net sales of the company "" , one of the largest galvanised steel producers in the country "" came down by 68 per cent to Rs 427 crore during the quarter from Rs 1,360 crore in the year-ago period. |
| Net profit for the year ended March 31, 2006, was down 21 per cent at Rs 74 crore as against Rs 94.6 crore in the previous year. Net sales were down by 14 per cent to Rs 1,788 crore from Rs 2,091 crore. |
| "Despite heavy production loss during the Mumbai floods, we have been able to contain our revenue losses. We intend to increase our volumes during the course of the next fiscal to improve our bottomlines," said Ankit Miglani, director. |
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