| Quarter aggregate of 450 companies |
| Rs Crore | Quarter ended June | % chg |
| 2004 | 2005 |
| Sales | 63441.87 | 74782.32 | 17.88 |
| Other Income | 1458.82 | 1787.6 | 22.54 |
| Operating profit | 13029.08 | 15802.83 | 21.29 |
| Interest | 2200.86 | 2088.02 | -5.13 |
| Gross profit | 10828.22 | 13914.81 | 28.51 |
| Depreciation | 3081.49 | 3131.5 | 1.62 |
| Tax | 1665.07 | 2227.13 | 33.76 |
| Net Profit | 5705.66 | 8670.78 | 51.97 |
| OPM % | 20.54 | 21.13 | |
| GPM % | 17.07 | 18.61 | |
| NPM % | 8.99 | 11.59 | |
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| In the aggregate, net sales of 450 companies during the quarter ended June 2005 increased by 17.9 per cent to Rs 74.782 crore and their interest cost declined by around five per cent to Rs 2,088 crore. |
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| The other income which accounted for 16.4 per cent of the net profit of 450 companies rose 22.5 per cent to Rs 1,787 crore. Their operating profits were up 21.3 per cent to Rs 15,802 crore and gross profits higher by 28.5 per ent to Rs 13,914 crore. Their net profit rose by 52 per cent to Rs 8,670 crore after a 33.8 per cent rise in tax provision to Rs 2,227 crore. |
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| The sector-wise performance of 450 companies shows that refineries, textile machinery, mining, construction, cable sugar electronics, pesticides, engineering, hotel, construction, shipping, engines, diversified, auto ancillaries and petrochemicals have done well in terms of growth in net sales. These sectors posted a sales growth rate of over 25 per cent during the quarter ended June 2005. |
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| The other sectors such as electrical picture tube, steel strips, ferro alloys, textile cotton, automobile cars, power, non ferrous metals, lubricants, personal care and others underperformed by posting sales growth rate of below 5 per cent. |
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| In terms of profitability, the net profits rose over 100 per cent in industries such as hotels, tractors, trading, chemicals, non ferrous metals, textile machinery, construction, electrical equipment, shipping, machine tools, packaging, fasteners, petrochemicals, cotton textiles, paper, diamond, mining, personal care, food products and sugar. |
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| The industries which could not do well in terms of profits were electrical picture tube, packaging, ferro alloys, granites, engines, tyres, lubricant and glass. |
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| The quarterly results also signal the emergence of small and medium enterprises (SMEs). The best performer among 450 companies has been Aban Lloyds (net profit up 138 per cent), Varun Shipping (net profit up 268 per cent), Indo Rama Textiles (net profit up 388 per cent), Ind Swift Laboratories (net profit up 251 per cent), Bajaj Hindustan (net profit up 285 per cent) and India Bulls (net profit up 431 per cent). |
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| Manali Petrochemicals (net up 956 per cent), GMM Pfaudler (net up 787 per cent), TN Newsprint (net profit up 782 per cent) and Emco (net profit up 272 per cent). |
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| The companies that failed to capture the current trend in profitability and posted net loss during the quarter ended June 2005 were ITI (net loss of Rs 120.73 crore), IG Petrochemicals (net loss of Rs 84.91 crore), Whirlpool (net loss of Rs 9.39 crore), Morepen (net loss of Rs 5.71 crore) and as few others. |
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| Among the sample of 450 companies as many as 60 companies posted net loss of Rs 330 crore. About 115 companies did extremely well posting net profit growth rate of over 100 per cent. Net profits of 55 companies rose between 50 and 100 per cent while that for 45 companies registered a rise between 25 and 50 per cent. |
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| Among the giants, Reliance Industries has done well posting sales growth of 24.54 per cent and its net profit rose 60.75 per cent. Maruti Ltd falters on sales posting a modest 5.96 per cent rise even though its net profit rose 32.49 per cent. |
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| Grasim Industries too lived up to expectation posting net sales growth of 55.76 per cent and net profit growth of 47.83 per cent. Hero Honda has disappointed once again with its sales moving up by 14.79 per cent but net profit rising only 7.57 per cent. |
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