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Mercator Lines, Monnet Ispat & Zenith Q1 results

CORPORATE SCORECARD

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Our Bureau Mumbai
Last Updated : Feb 25 2013 | 11:28 PM IST
 
Mercator Lines' income from operations has increased by 45 per cent to Rs 140.57 crore in the quarter ended June 2005 compared with Rs 97.01 crore during the corresponding quarter in the previous year.
 
The gross profit has jumped to Rs 62.26 crore, up 149.4 per cent and net profit has increased by 102 per cent to Rs 41.93 crore. On an equity capital of Rs 7.27 crore, the earning per share (EPS) stood at Rs 5.77 (face value - Re 1/- per share)
 
Monnet Ispat net up
 
Monnet Ispat Ltd has registered a 6 per cent increase in net profit at Rs 28.61 crore for the quarter ended June 30, 2005, as compared to Rs 27.06 crore registered in the corresponding period of the previous fiscal.
 
The company has posted a growth of 60 per cent in net sales at Rs 146.57 crore for the quarter ended June 30, 2005, as compared to Rs 90.74 crore posted in the previous corresponding quarter.
 
Zenith net up 3%
 
Zenith Ltd, a part of the Yash Birla group, has seen its sales declining by 25% to Rs 71.91 crore sales in the quarter ended June, 2005 as compared with Rs 96.31 crore in the same quarter last year. Net profit went up by 3 per cent to Rs 1.65 crore compared to Rs 1.59 crore in the corresponding period a year ago.
 
The company's earning per share (EPS) was Rs 1.19 against Rs 1.15 for the same period a year ago.

 
 

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First Published: Aug 03 2005 | 12:00 AM IST

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