Balrampur Chini, Bongaigaon Ref & Nagarjuna results

CORPORATE SCORECARD

Balrampur Chini Mills operating profit up

Balrampur Chini Mills' net revenue rose 16.29 per cent to Rs 811.32 crore for the year ended 31 March 2005 from Rs 699.37 crore in the previous year. The operating profit has also increased to Rs 242.44 crore.

The board has declared a dividend of 160 per cent. The net income climbed up by 15.73 per cent to Rs 816.28 crore (Rs 705.36 crore). Net revenue increased by 54.54 per cent to Rs 178.14 crore (Rs 115.27 crore) in the fourth quarter of the year. The operating profit improved by 73.24 per cent to Rs 83.14 crore.

Bongaigaon Ref net up 15%, payout at 60%

Bongaigaon Refinery & Petrochemicals Ltd (BRPL) has posted a 15 per cent increase in its net profit for the financial year ending March 31, 2005 at Rs 478.3 crore as against Rs 303.74 crore for the corresponding fiscal.

The board has recommended a final dividend of Rs 6 per equity share of Rs 10 amounting to Rs 119.89 crore for the year 2004-05, the company informed the BSE. The company's total income increased from Rs 2,950.28 crore in FY-04 to Rs 4,570.39 crore for the year ended March 31, 2005.

BRPL's net profit for the reporting quarter ended March 31 rose to Rs 51.55 crore as against Rs 17.66 crore for the corresponding quarter last year. Total income increased to Rs 1,232.33 crore (Rs 834.79 crore).

Nagarjuna net up 81% to Rs 57 cr

Nagarjuna Construction Company has achieved a turnover of Rs 1,193.38 crore in the fiscal ended March 31, 2005, registering a growth of around 57 per cent over Rs 762 crore in the previous year. Gross profit grew 52 per cent to Rs 95.59 crore (Rs 62.89 crore). Net profit grew by 81 per cent to Rs 57.27 crore (Rs 31.57 crore in the previous year.

The company registered a turnover of Rs 452.25 crore (Rs 292.34 crore) and net profit of Rs 23.62 crore (Rs 11.32 crore) in the fourth quarter.

The board of directors recommended an equity dividend of 60 per cent. An in-principle approval has also been accorded for sub-dividing the existing equity shares of Rs 10 each into five equity shares of Rs 2 each.