| Torrent Power AEC Limited has posted a net profit of Rs 26.39 crore during the first quarter ended June 30, compared with Rs 15.87 crore for the same period last year. |
| The company's net sales grew to Rs 371.93 crore during the quarter under review here from Rs 348.59 crore during the first quarter in last fiscal. |
| Yes Bank net at Rs 11 cr |
| New generation Yes Bank has recorded a 11-fold increase in net profit at Rs 11.25 crore during the first quarter of this fiscal, compared to just Rs 94 lakh during the fourth quarter of last fiscal. The total income of the bank grew by 82 per cent to Rs 32.38 crore during april-june 2005 from Rs 17.79 crore in January-March 2005, Yes Bank said in a statement. |
| The bank has witnessed significant improvement in profitability with return on average assets of 2.09 per cent, contributed by strong increase in non interest income and steady growth in net interest income. |
| Total business (deposits and advances) of the bank stood at Rs 1,748.6 crore with deposits at Rs 874.4 crore and advances at Rs 874.2 crore till june 30, 2005. |
| The bank maintains a clean portfolio with no non-performing assets (NPAs). The capital adequacy ratio of the bank was at 10.07 per cent as on June 30 compared with 18.81 per cent as on March 31, 2005. |
| Welspun India net up |
| Welspun India Limited has registered a net profit of Rs 10.79 crore for the quarter ended June 30, 2005 as compared to Rs 6.20 crore for teh quarter ended June 30, 2004. |
| The company's net sales increases from Rs 80.36 crore from the previous Q1 to Rs 135.36 crore in the Q1 ended June 30, 2005. |
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