Voltas profit leaps
Voltas has posted a 239 per cent rise in net profit to Rs 18.85 crore in the quarter ended September 30, 2005 from Rs 5.56 crore in the corresponding period last year. Net sales during the reporting quarter went up by 60 per cent to Rs 476.10 crore against Rs 297.33 crore in the year-ago period. In April-September period, the company's earnings increased by 77 per cent to Rs 35.40 crore from Rs 19.98 crore in the same period last year.
PTC India has posted a 45 per cent jump in net profit at Rs 9.52 crore during the second quarter of this fiscal against Rs 6.58 crore in the same quarter a year ago. Total income during the period has also gone up by 45 per cent to Rs 863.25 crore from Rs 594.39 crore in 2004-05. For the April-September period, the company's earnings has increased by 54 per cent to Rs 20.85 crore from Rs 13.54 crore last fiscal.
GMR Industries has registered a before-tax profit of Rs 12.11 crore for the July-September period this year against Rs 5.77 crore in the same period last year. The PBT for the first six months of the current fiscal went up by 52 per cent to Rs 23.98 crore over the corresponding figure a year ago. The turnover during the half year increased to Rs 152 crore from Rs 126 crore.
Ashapura group has posted a 215 per cent increase in consolidated net profit to Rs 17.92 crore for the second quarter this fiscal from Rs 5.69 crore for the same period last year. Net profit for the six months ended September 30 rose by 216 per cent to Rs 34.60 crore against Rs 10.94 crore in the year ago. Consolidated turnover for the the six months rose to Rs 426.94 crore.
VIP Industries has registered a 1950 per cent increase in net profit to Rs 82 lakh for July-September this year from Rs 4 lakh in the same period last year. Revenues during the reporting quarter grew 36 per cent at Rs 70.72 crore, of which Rs 11.63 crore came from exports. For the half year ended September 30, net profit stood 18 per cent up to Rs 6.05 crore from Rs 5.12 crore.
Zenith has recorded a 3091 per cent jump in its after-tax profit for the quarter ended September 30 at Rs 351 lakh compared with Rs 11 lakh in the year-ago period. The company's profitability came after it sold its textiles and chemicals division to purely concentrate on steel pipes and metal cutting tools business.
Eastern Silk Industries has registered a 28.6 per cent jump in net profit for July-September this year to Rs 10.40 crore from Rs 8.08 crore in the corresponding quarter last year. Net sales during the period improved to Rs 92.92 crore from Rs 90.93 crore in the year-ago period. The net profit for the first half of this fiscal grew 46 per cent at Rs 18.75 crore.