Godrej Consumer Q1 net up 39%
Mumbai: Godrej Consumer Products has posted a 39 per cent rise in net profit at Rs 12.77 crore for the first quarter ended June 30, 2002 compared to Rs 9.17 crore in the same period of last year.The sales, net of excise duty were down 9.45 per cent at Rs 114.87 crore (Rs 126.87 crore). The board of directors of the company has approved the proposal to buy back its shares through open market at a maximum price of Rs 175 per share, subject to a total outgo of Rs 4.6 crore. (Our Corporate Bureau)
Syndicate Bank Q1 net at Rs 79.41 crore
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Bangalore: Syndicate Bank has reported a net profit Rs 79.41 crore for the first quarter of 2002-2003, up from Rs 73.8 crore in the same period last year. Operating profit grew 23 per cent to Rs 108. 90 crore. Annualised EPS went up to Rs 6.72, (Rs 5.90).(Our Bureau)
EID Parry Q1 turnover up 23% at Rs 316 crore
Chennai: EID Parry Monday said it had posted a 23 per cent increase in turnover for the first quarter ending June 30, 2002. Turnover was at Rs 316 crore, while PAT was Rs 2.38 crore. (Our Bureau)
Sun Pharma net up 18 per cent in Q1
Kochi: Sun Pharmaceutical reported a 18 per cent rise in net profit and a 13.6% rise in sales for the quarter ended June 30, over the first quarter last year. Sales were at Rs 190.09 crore (Rs 167.27 cr) and PAT Rs 48.07 crore (Rs 40.74 cr). (Our Regional Bureau)
Torrent Pharma PBT rises to Rs 17 crore in Q1
Ahmedabad: Torrent Pharmaceuticals has recorded a 18 per cent growth in profit before tax for the first quarter ended June 30 at Rs 16.99 crore (Rs 14.87 crore). The operating profit was up 9 per cent at Rs 20.46 crore (Rs 18.81 crore). (Our Regional Bureau)
German Remedies PBT rises 15% to Rs 6.43 crore
Ahmedabad: German Remedies