Q3 RESULTS

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Wednesday, January 25, 2006
Q3 RESULTS
Gujarat Industries Power Q3 PAT rises to Rs 297.40 mn

Gujarat Industries Power Company Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a profit after tax of Rs 297.40 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 232.60 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income has increased from Rs 1895.90 million in Q3 FY 04-05 to Rs 1997.70 million for Q3 FY 05-06.


Headline Dr Reddys up 4.5% on robust Q3 net

Dr Reddys Labs advanced 4.5% to Rs 1,090 on the bourses, on the back of impressive December quarter results. The company reported a net profit of Rs 54.25 crore for the quarter ended 31 December 2005, up from Rs 4.34 crore in the year-ago quarter.

Colgate Palmolive zooms 20% on impressive Q3 earnings

Colgate Palmolive extended its gains in afternoon trades and jumped over 20% to Rs 351 on the bourses, on reports of robust Q3 results by the company. The company reported a profit after tax of Rs 41.73 crore for the quarter ended 31 December 2005, up from Rs 28.54 crore in the year-ago quarter.

Asahi India Glass declares results for Q3

Asahi India Glass Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a net profit of Rs 24.842 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 244.434 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Revenue (net of excise) has decreased from Rs 1484.417 million in Q3 FY 04-05 to Rs 1216.310 million for Q3 FY 05-06.

 

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Tulip IT Services blooms on Q3 results[Friday, January 27, 2006]

Tulip IT Services spurted 13% to Rs 236 on the back of strong Q3 December 2005 results.


The stock rose on a heavy volume of 28.6 lakh shares on BSE by afternoon trade.

The scrip suffered a bout of pre-results volatility. It had dropped 3.6% on Wednesday (25 January) to Rs 208.75 after having gained 10% in the previous trading session.

Tulip IT Services was in the news as a weird deal at 25 paise basis took place in the stock on the day of its debut on 5 January 2006. BSE had later come out with a formula regarding the settlement of the deal.

Tulip IT Services has reported a net profit of Rs 11.86 crore for Q3 December 2005 on net sales of Rs 135 crore. Neither the comparative previous period nor the immediate preceding quarter Q2 September 2005 results are available for comparison. But the results look robust if the last full year FY 2005 (year ended 31 March 2005) figures are considered. FY 2005 net profit was Rs 13.92 crore on sales of Rs 342.21 crore.

Tulip IT Services provides network integration and management services and Internet protocol (IP)/virtual private network (VPN) wireless connectivity.

 

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Sensex eyes 10,000 level

The Q3 results announced so far have been more or less in line with market expectations. By the next four days, companies like State Bank of India, M&M, Gujarat Ambuja Cements, ONGC, Hindalco Industries, HPCL, BPCL, Bhel, Hero Honda Motors and NTPC will unveil Q3 results.

Following last week's 350 points' rally to 9,870.79, 10,000-level looks attainable.

Market men feel that inflow from FIIs will continue in 2006 as it is reckoned that strong economic growth will transform into decent growth in earnings of India Inc. On Tuesday, RBI raised India's FY 2006 GDP growth forecast to 7.5-8% from earlier 7-7.5%. FIIs pumped in over $ 10 billion in 2005.

The bullish outlook for economic growth has attracted investors to Asian markets like India, South Korea, Taiwan others. Further, foreign investors are investing in emerging markets assets due to low yields in the US and Europe. Following Friday's rally, Australian stocks are at an all-time peak and Japanese markets are at 5-year high.

In the near, the domestic bourses are likely to hold firm on pre-budget expectations. Traditionally, bourses enter a bullish phase before the budget is presented in February on expectation that the government would offer incentives for companies.

Some of the other major Q3 results due in the next four days are VSNL, Asian Paints, Thermax, Glenmark Pharma, Voltas, Cummins India, Balrampur Chini Mills, Punjab Tractors, i-flex solutions, MTNL, Essar Steel, NOCIL, United Phosphorus, Essar Shipping, GE Shipping, Apollo Hospitals, Suzlon Energy, Elgi Equipment, Force Motors, Lupin and Motherson Sumi Systems.

 

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Q3 Results

Andhra Bank Q3 net at Rs 1288.60 mn

Andhra Bank has announced the following unaudited results for the quarter ended December 31, 2005:

The Bank has posted a net profit of Rs 1288.60 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 1218.40 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income has increased from Rs 7060.40 million in Q3 FY 04-05 to Rs 8175.00 million for Q3 FY 05-06.

SAIL Q3 net at Rs 6845.90 mn

Steel Authority of India Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a net profit of Rs 6845.90 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 15142.40 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income (net of excise) has decreased from Rs 78892.00 million in Q3 FY 04-05 to Rs 64433.90 million for Q3 FY 05-06.

The Board of Directors of the Company have approved interim dividend at 12.5% of the paid-up equity share capital for the accounting year 2005-06.

Dabur India clocks Rs 579.70 mn net profit in Q3

Dabur India Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a net profit of Rs 579.70 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 431.30 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income has increased from Rs 3693.00 million in Q3 FY 04-05 to Rs 4058.50 million for Q3 FY 05-06.

The Consolidated results are as follows:

The Group has posted a net profit after minority interest of Rs 649.40 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 472.10 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income has increased from Rs 4287.10 million in Q3 FY 04-05 to Rs 5430.00 million for Q3 FY 05-06.

Arvind Mills Q3 net at Rs 234 mn

Arvind Mills Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a net profit of Rs 234.00 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 360.50 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income has decreased from Rs 4079.10 million in Q3 FY 04-05 to Rs 3923.30 million for Q3 FY 05-06.

Bharat Electronics Q3 net rises to Rs 970.10 mn

harat Electronics Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a net profit of Rs 970.10 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 823.00 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income has increased from Rs 6902.50 million in Q3 FY 04-05 to Rs 6989.40 million for Q3 FY 05-06.

IOC reports Rs 58.30 mn loss in Q3

Indian Oil Corporation Ltd (IOC) has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a net loss of Rs 58.30 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to net profit Rs 12867.60 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income has increased from Rs 372740.50 million in Q3 FY 04-05 to Rs 448732.50 million for Q3 FY 05-06.

 

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Q3 Results[Tuesday, January 31, 2006]

Mahindra & Mahindra Q3 net zooms to Rs 2334.577 mn

Mahindra & Mahindra Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a profit after tax of Rs 2334.577 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 1331.866 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income (net of excise) has increased from Rs 17945.185 million in Q3 FY 04-05 to Rs 22474.566 million for Q3 FY 05-06.

Aurobindo Pharma clocks Rs 261.90 mn net profit in Q3

Aurobindo Pharma Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a net profit of Rs 261.90 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 105.90 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income has increased from Rs 3233.40 million in Q3 FY 04-05 to Rs 4169.70 million for Q3 FY 05-06.

Asian Paints Q3 net at Rs 609.59 mn

Asian Paints Ltd has announced the following results for the quarter ended December 31, 2005:

The Audited results for the quarter ended December 31, 2005

The Company has posted a profit after prior period items of Rs 609.59 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 501.07 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income (net of discounts & excise duty) has increased from Rs 5885.21 million in Q3 FY 04-05 to Rs 6489.11 million for Q3 FY 05-06.

The Unaudited Consolidated results are as follows:

The Group has posted a profit attributable to shareholders of Rs 626.32 million for the quarter ended December 31, 2005 (Q3 FY 05-06) where as the same was at Rs 560.27 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income (net of discounts & excise duty) is to Rs 8261.62 million for Q3 FY 05-06 where as the same was at Rs 7483.73 million in Q3 FY 04-05.

Cummins India clocks Rs 484.734 mn net profit in Q3

Cummins India Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a net profit of Rs 484.734 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 328.564 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income has increased from Rs 3240.107 million in Q3 FY 04-05 to Rs 4095.750 million for Q3 FY 05-06.

The Board of Directors have declared an interim dividend of 100% i.e. Rs 2/- per share on equity shares of Rs 2/- each, for the financial year 2005-2006. March 03, 2006 has been fixed as Record Date for the purpose of payment of interim dividend.

 

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Tuesday, January 31, 2006
Q3 -Results

Jindal Stainless declares unaudited results for Q3

Jindal Stainless Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a net profit after tax of Rs 209.40 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 663.80 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income (net of excise) has decreased from Rs 8528.30 million in Q3 FY 04-05 to Rs 7116.30 million for Q3 FY 05-06.

Neyveli Lignite Q3 net down to Rs 1370 mn

Neyveli Lignite Corporation Ltd has announced the following unaudited results for the quarter ended December 31, 2005:

The Company has posted a net profit of Rs 1370 million for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 2370 million for the quarter ended December 31, 2004 (Q3 FY 04-05). Total Income has decreased from Rs 7760 million in Q3 FY 04-05 to Rs 6880 million for Q3 FY 05-06.

Source:-www.indiabulls.com