Goldstone Technologies & Jindal Poly Films Q2 results

CORPORATE SCORECARD

Goldstone Technologies in the red

Goldstone Technologies registered net loss of Rs 0.52 crore for the quarter ended September 30, 2005, as compared with a net profit of Rs 1.38 crore recorded in the corresponding quarter of the previous year.

Net sales dropped by 41 per cent at Rs 8.39 crore as compared with Rs 14.16 crore in the corresponding quarter last year.

Jindal Poly Films net up 41%

Jindal Poly Films reported 41 per cent rise in its net profit to Rs 249.3 crore in the second quarter ended September this year, compared with Rs 176.9 crore in the corresponding period last year.

Contribution from the overseas markets stood at Rs 68.1 crore, compared with Rs 57.7 crore last year. Net profit in the same period touched Rs 16.8 crore. In H1 2005, revenues rose 27.4 per cent to Rs 449.5 crore while net profit rose to Rs 33.4 crore from last year's Rs 27.7 crore.