BAG Films, Dena Bank, Essel Propack & FDC results

CORPORATE SCORECARD

BAG Films net up 40%

BAG Films has posted a 40 per cent increase in its net profit at Rs 0.87 crore for the quarter ended June 30, 2005, compared with Rs 0.62 crore in the corresponding quarter of the previous financial year.

Net sales have grown by 97 per cent at Rs 13.50 crore against Rs 6.86 crore during the corresponding quarter in the previous year.

Average programming hours per month during the quarter ended June 30, 2005, were 65 translating to a 41 per cent increase over the 46 hours in the previous financial year.

Dena Bank net profit down

Dena Bank reported a net loss of Rs 189.30 crore for the quarter ended June 30, 2005, as compared to a net profit of Rs 36.72 crore for the corresponding quarter in the previous year.

Total income has decreased to Rs 517.58 crore for the quarter ended June 30, 2005, from Rs 531.60 crore in the year-ago period, the company informed the Bombay Stock Exchange.

Essel Propack net up a tad

Essel Propack's India operations has posted 1 per cent increase in its net profit at Rs 9.8 crore for the quarter ended June 30, 2005, compared with Rs 9.7 crore during the corresponding quarter in the previous financial year.

Net sales have grown by 14 per cent at Rs 119.40 crore for the second quarter against Rs 50.20 crore during the corresponding quarter in the previous financial year.

The consolidated net profit for the quarter ended June 30, 2005, stood 9 per cent up at Rs 20.30 crore compared with Rs 18.50 crore during the corresponding quarter in the previous year.

Net sales for the second quarter posted a 35 per cent increase at Rs 119.40 crore against Rs 145.60 crore during the corresponding quarter in the previous year.

The results also includes those of UK based Telcon Packaging and Arista Tubes which were acquired on 11th April, 2005, and 5th August, 2004, respectively.

The overseas operations of the company contributes 71 per cent of the consolidated revenue.

FDC net moves up

FDC Ltd has posted a net profit of Rs 29.50 crore for the quarter ended June 30, 2005, a 36.20 per cent growth compared to Rs 21.66 crore reported during the corresponding quarter in the previous year.

Total income has increased to Rs 107.61 crore for the quarter ended June 30, a growth of 18.54 per cent from Rs 90.78 crore reported in the corresponding period in the previous year.

The board of directors of the company have declared an interim dividend of 50 per cent for the financial year 2005-2006.