Hindalco Q3 net down 38.9 per cent
Aditya Birla group company Hindalco Industries has posted a 38.91 per cent drop in net profit at Rs 101.1 crore for the third quarter ended December, 2002 as against Rs 165.5 crore in the same period last fiscal. Net sales were down 9.68 per cent at Rs 521.5 crore. Net profit and sales for the nine months to December stood at Rs 366.4 crore (Rs 493.8 crore in Q3 of FY-02) and Rs 1,677.2 crore, respectively, it said.
Ashok Leyland Q3 net up 72.3 per cent
Ashok Leyland has registered a 66.9 per cent rise in profit before tax for the third quarter of the current fiscal. Sales volume grew 27 per cent while net profit grew 72.3 per cent. On sales of 7,776 vehicles, sales turnover grew 24.8 per cent to Rs 6,59.69 crore (Rs 528.69 crore). Helped by other income of Rs 1.24 crore, a 44 per cent fall in financial expenses to Rs 12.87 crore, and a charge of Rs 24.18 crore as depreciation, profit before tax was up at Rs 36.14 crore.
BPCL net up 224%, payout at 20%
Bharat Petroleum Corporation has reported a 224.06 per cent increase in net profit for the third quarter ended December 31 at Rs 233 crore from Rs 71.9 crore during the same quarter of the previous fiscal. Net sales increased 29.01 per cent to Rs 12,645.2 crore (Rs 9,801.1 crore). Sales rose to 5.18 million tonne.
NIIT net profit rises to Rs 5.4 cr in Q1
Computer education and software major NIIT said net profit for the first quarter ended December 2002 increased 55 per cent to Rs 5.4 crore (Rs 3.5 crore). Net revenues stood at Rs 80.7 crore (Rs 79.3 crore).
Indo Gulf Q3 net rises 20 per cent
Indo Gulf Corp has posed a 20 per cent jump in net profit at Rs 105.55 crore for the third quarter ended December 2002, against Rs 88.17 crore in the corresponding quarter of the previous year. Net sales stood at Rs 854.68 crore (Rs 765.11 crore).
JB Chem bottomline up 13.78% in Q3
JB Chemicals & Pharmaceuticals has reported a 13.78 per cent rise in net profit for the third quarter ended December, 2002, at Rs 11.43 crore against Rs 10.04 crore in the same quarter of the previous fiscal. Net sales were flat at Rs 78.51 crore (Rs 78.36 crore).
Colour-Chem net zooms 417 per cent
Colour-Chem has reported a 417 per cent increase in net profit for the third quarter ended December 31, 2002 at Rs 2.9 crore, against Rs 56 lakh in the same period last fiscal. Net sales rose to Rs 81.46 crore (Rs 68.35 crore).
Camlin bottomline rockets 937% in Q3
Camlin has recorded a 937 per cent increase in net profit for the third quarter ended December 2002, at Rs 1.66 crore as compared to Rs 16.38 lakh in the corresponding quarter of the previous year. Net sales increased marginally to Rs 40.36 crore (Rs 39.78 crore).
Tata Infotech Q3 net rises 122 per cent
Tata Infotech has reported a 122 per cent increase in net profit to Rs 4.89 crore for the third quarter ended December 2002 as compared to Rs 2.2 crore for the corresponding quarter of the previous year. Net sales were 2 per cent lower at Rs 100.96 crore (Rs 103.17 crore).
Tata Chem Q3 net up 20.41%
Tata Chemicals has posted a 20.41 per cent rise in net profit at Rs 55.50 crore for the third quarter ended December 31, 2002 as compared to Rs 46.09 crore in the same period last fiscal.
Guj Alkalies Q3 net at Rs 4.38 cr
Gujarat Alkalies and Chemicals has reported a net profit of Rs 4.38 crore for the third quarter ended December 2002, as compared with a net loss of Rs 17.62 crore in the quarter ended December 2001. Sales improved to Rs 227.95 crore (Rs 195.13 crore).
IBP
