29 January 2008

Results: Dabur India, Bombay Dying, UshaMartin, GNFC, Elecon Engg, BGR, Asian Paints, NALCO, IndiaGlycols etc

West Coast Paper net up 35.98% for Dec `07 qtr
West Coast Paper Mills registered 35.98% growth in net profit to Rs 221.11 million for the quarter ended Dec. 31, 2007, from Rs 162.60 million in the corresponding quarter last fiscal. Net sales stood at Rs 1443.87 million in the quarter ended Dec. 31, 2007, as against Rs 1348.38 million in the same period last year, recording a growth of 7.08%.
Total income reported a 7.58% increase to Rs 1474.71 million for the quarter ended Dec. 31, 2007 from Rs 1370.85 million for the same period last year.

Bombay Dyeing swings to loss in Dec`07 qtr
Bombay Dyeing & Mfg Company swung to loss for the quarter ended December 2007. During the quarter the company reigistered a net loss of 370 million as compared with a profit of Rs 72.10 million in the corresponding quarter last fiscal.Net sales for the quarter rose 2.73 times to Rs 2,916.00 million as against Rs 1,066.30 million for the same quarter a year ago.

Dabur India net rises 22.87% in Dec `07 qtr
Dabur India, disclosed steady a jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 22.87% rise in profit to Rs 881.40 million from Rs 717.30 million in the quarter ended December 2006.Net sales for the quarter rose 1.52% to Rs 5,164.40 million compared with Rs 5,087 million in the corresponding quarter, a year ago.Total income rose 1.97% to Rs 5,207.10 million for the quarter ended December 2007 from Rs 5,106.40 million for the same period last year.

Usha Martin consolidated net rises marginally in Q3
Usha Martin, leading producer of specialty steel and one of the largest wire rope manufacturers globally has posted improved performance on consolidated basis. During the 3rd quarter of the financial year 2007-08, the consolidated sales, net of excise duty and inter unit/division sales registered a growth of 16% at Rs 5,552.1 million compared to Rs 4,803.8 million during the corresponding period last year. The profit after tax rose to Rs 412.3 million from Rs 399.5 million, a rise of 3%.During the nine months ending December 2007, the consolidated sales, net of excise duty and inter-unit/division sales registered a growth of 12% at Rs 16,362.7 million compared to Rs 14,660.0 million during the corresponding period last year. The profit after tax to Rs 1,248.6 million from Rs 981.5 million, an increase of 27%. EPS for the period increased by 13% to Rs 4.99 from Rs 4.42.The captive consumption of steel for down stream value addition has registered a growth of over 3% at 130,285 MT as compared to 126,010 MT in the nine months period of corresponding period last year.On Standalone basis, Usha Martin, (Q, N,C,F)* disclosed steady jump in net profit for the quarter ended in December 2007. During the quarter, the company experienced a 14.22% rise in profits to Rs 324.50 million from Rs 284.10 million in the quarter ended December 2006.

Gujarat Narmada Valley net up 2.37 times for Dec `07 qtr

Gujarat Narmada Valley Fertilizers Company registered 2.37 times growth in net profit to Rs 1237.60 million for the quarter ended Dec. 31, 2007, from Rs 521.90 million in the corresponding quarter last fiscal. Net sales stood at Rs 8316.50 million in the quarter ended Dec. 31, 2007, as against Rs 5230.80 million in the same period last year, recording a growth of 58.99%.


Elecon Engineering net rises 13.02% in Dec `07 qtr
Elecon Engineering Company, disclosed a steady rise in net profit for the quarter ended in December 2007. During the quarter, the company experienced a 13.02% rise in profit to Rs 165.85 million from Rs 146.74 million in the quarter ended December 2006.Net sales for the quarter rose 10.10% to Rs 1,852.42 million, compared with Rs 1,682.42 million in the corresponding quarter, a year ago


BGR Energy net at Rs 218.21 mn for Dec`07 qtr
Chennai-based BGR Energy (Q, N,C,F)* Systems, which recently got listed on the bourses (Jan. 3), clocked net profit of Rs 218.21 million, on net sales of Rs 3,827.57 million for the latest quarter ended December 2007.
The company posted total income of Rs 3,830.25 million and its diluted EPS stood at Rs 3.29.
BGR Energy is a company engaged in manufacturing and selling of energy products such as on-line condenser tube cleaning systems, debris filters, and rubber cleaning balls used in thermal and nuclear power plants. BGR Energy has manufacturing facilities at Panjetty near Chennai.

Bilcare net up 16.83% for Dec`07 qtr
Pune-based Bilcare reported 16.83% increase in net profit to Rs 165.90 million for the quarter ended December 2007 as compared with Rs 142.00 million in the corresponding quarter, last fiscal.

Asian Paints net rises 64.88% in Dec`07 qtr
Asian Paints disclosed a steady jump in net profit for the quarter ended December 2007. During the quarter, the company experienced a 64.88% rise in profit to Rs 1,076.90 million from Rs 653.15 million in the quarter ended December 2006.Net sales for the quarter rose 29.78% to Rs 9,162.40 million compared with Rs 7,059.71 million in the corresponding quarter, a year ago.Total income rose 30.19% to Rs 9,331.30 million for the quarter ended December 2007 from Rs 7,167.50 million for the same period, last year

NALCO net declines 42.46% in Dec`07 qtr
State-run National Aluminium Company (NALCO) reported 42.46% decline in net profit to Rs 3,294.40 million for the quarter ended December 2007 as compared with Rs 5,726.00 million in the corresponding quarter, last fiscal.
Net sales for the quarter declined 23.42% to Rs 11,093.10 million, as against Rs 14,485.70 million for the corresponding quarter, a year ago.
Total income for the quarter slid 19.34% to Rs 12,472.60 million from Rs 15,464.00 million in the same quarter, a year ago.

Pearl Global net soars 44.75% for Dec`07 qtr

Nilkamal Q3 net zooms 40 times
Nilkamal registered a growth of 40.02 times in net profit to Rs 404.56 million for the quarter ended December 2007 as compared with Rs 10.11 million for the corresponding quarter, last fiscal.Net sales for the quarter rose 74.02% to Rs 1,885.66 million as against Rs 1,083.61 million for the same quarter, a year ago.

Prajay Engineers net up 4.30 times in Dec`07 qtr
Prajay Engineers Syndicate registered a 4.30 times growth in net profit to Rs 655.26 million for the quarter ended December 2007 as compared with Rs 152.24 million for the corresponding quarter, last fiscal.Net sales for the quarter rose 3.26 times to Rs 1,369.56 million as against Rs 420.75 million for the same quarter, a year ago.

Basant Agro Tech net jumps 72.34% in Dec`07 qtr

Gokaldas Exports net down 3.57% in Dec`07 qtr

Kirloskar Electric net rises 52% in Dec`07 qtr
Kirloskar Electric Company registered a 52.02% rise in net profit to Rs 67.8 million for the quarter ended December 2007, compared with Rs 44.6 million for the same quarter, a year ago.

Surya Pharmaceutical net up 71.96% in Dec`07 qtr
Surya Pharmaceutical registered a 71.96% rise in net profit to Rs 119.72 million for the quarter ended December 2007, compared with Rs 69.62 million for the same quarter, a year ago.

India Glycols net up 6.59 times in Dec`07 qtr
India Glycols registered a 6.59 times rise in net profit to Rs 675.00 million for the quarter ended December 2007, compared with Rs 102.40 million for the same quarter, a year ago.

V I P Industries net jumps 67.18 times in Dec`07 qtr
VIP Industries registered a growth of 67.18 times in net profit to Rs 73.90 million for the quarter ended December 2007 as compared with Rs 1.10 million for the corresponding quarter, last fiscal.

Videocon Appliances net down 58.08% in Dec`07 qtr

Shoppers Stop net dips 89% in Dec`07 qtr
Mumbai-based large format department stores operator Shoppers Stop reported 88.93% decline in net profit to Rs 15.58 million for the quarter ended December 2007 as compared with Rs 140.70 million in the corresponding quarter, last fiscal.



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