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Maharashtra Seamless, Sun Pharma & Welspun-Gujarat Q3 results

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BS Reporter Mumbai
Last Updated : Feb 05 2013 | 12:21 AM IST
 
Maharashtra Seamless posted a net profit of Rs 60.02 crore for the quarter ended December 31, up 43.8 per cent compared with Rs 41.73 crore in the year-ago period.
 
Total income (net of excise) rose by 26.72 per cent to Rs 350.48 crore in the third quarter against Rs 276.56 crore for the corresponding quarter in 2005, Maharashtra Seamless informed the BSE.
 
Sun Pharma profit surges 52%
 
Sun Pharmaceutical Industries has posted a profit after tax of Rs 165.13 crore for the quarter ended December 31, 2006, up 52.4 per cent against Rs 108.31 crore in the year-ago period.
 
Total income (net of excise) rose by 36.88 per cent to Rs 612.70 crore in the third quarter compared with Rs 447.60 crore for the corresponding quarter in 2005, Sun Pharmaceutical informed the BSE.
 
The consolidated results of the group show that it has posted a net profit of Rs 198.85 crore for the latest quarter compared with Rs 146.43 crore in the same quarter in the previous fiscal. Total income (net of excise) of the group also increased to Rs 603.59 crore against Rs 461.07 crore in 2005.
 
"We have shown consistent performance in the domestic business, strong and profitable growth in the US and continued rapid increase in expansion of exports. We are working to build a competitive global generic business as we pursue expansion opportunities in existing and new geographies," Chairman and Managing Director Dilip Shanghvi said.
 
Welspun-Gujarat net up 5-fold
 
Welspun-Gujarat Stahl Rohren posted an over five-fold increase in profit after tax to Rs 41.2 crore for the quarter ended December 31, 2006, compared with Rs 8 crore in the year-ago period.
 
Total income (net of excise) has increased 63 per cent to Rs 740.5 crore for the December quarter from Rs 454 crore for the same period in 2005, the company informed the Bombay Stock Exchange.

 
 

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First Published: Jan 29 2007 | 12:00 AM IST

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