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Pidilite Industries Dec Qtr net loss at Rs 9.27 cr

Thu. January 22, 2009; Posted: 10:21 PM
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Mumbai, Jan 22, 2009 (Asia Pulse Data Source via COMTEX) -- PDLTF | Quote | Chart | News | PowerRating -- Pidilite Industries, makers of the adhesive Fevicol, today said its net loss in the third quarter of the current fiscal stood at Rs 9.27 crore, while it had a net profit of Rs 40.87 crore in the same period a year ago.

However, total income rose to Rs 409.89 crore in the December quarter from Rs 392.47 crore a year ago, Pidilite Industries said in a filing to the Bombay Stock Exchange.

For the nine-month period ended December 31, 2008, India's top adhesive and speciality chemicals manufacturer registered a net profit of Rs 78.81 crore, a decline of 49.10 per cent over the corresponding period a year ago.

It had a net profit of Rs 154.86 crore in the same period last financial year.

Shares of Pidilite Industries were trading at Rs 101.70, down 0.29 per cent in the afternoon trade on the BSE.

**** Swaraj Engines Q3 net up marginally at Rs 4.72 cr * Swaraj Engines today said its net profit for the third quarter of current financial year grew marginally by 0.85 per cent at Rs 4.72 crore over the corresponding period a year ago.

Engine maker firm had a net profit of Rs 4.68 crore in the December quarter last financial year, Swaraj Engines said in a filing to the Bombay Stock Exchange.

Total income rose to Rs 46.59 crore in the quarter under review from Rs 38.96 crore a year ago.

For the nine-month period ended December 31, 2008, the company registered a net profit of Rs 15.57 crore, a 54.61 per cent growth as compared to Rs 10.07 crore of the same period last year.

Swaraj Engines dropped 8.72 per cent and was trading at Rs 98.35 in the afternoon trade on the BSE.

Future Capital Holdings Q3 net at Rs 6.25 cr * Kishore Biyani-led Future Capital Holdings today said it has posted at standalone net profit of Rs 6.25 crore for the third quarter ended December 31. The company had a net loss of Rs 11.08 crore for the same quarter FY'08, Future Capital Holdings said in a filing to the Bombay Stock Exchange.

The company's standalone total income rose to Rs 37.91 crore for the quarter under review, against Rs 6.75 crore for the same quarter corresponding period.

For the nine-month period ended December 31, the company registered a net profit of Rs 8.44 crore, while it had a net loss of Rs 23.27 crore for the same period last fiscal.

Shares of Future Capital Holdings were trading at Rs 159, up 7.25 per cent on the BSE.

**** JVL Agro Q3 net up 7 pc at Rs 7.35cr * Food processing firm JVL Agro Industries today said its net profit for the third quarter ended December 31 grew 7.14 per cent to Rs 7.35 crore over the corresponding period a year ago.

The firm had a net profit of Rs 6.86 crore in the December quarter last fiscal, JVL Agro Industries said in a filing to the Bombay Stock Exchange.

The net income rose to Rs 326.79 crore in the quarter under review from Rs 285.51 crore a year ago.

For the nine-month period ended December 31, 2008, the company registered a net profit of Rs 27.89 crore, a 57.21 per cent growth as compared to Rs 17.74 crore of the same period last year.

Shares of JVL Agro Industries were trading at Rs 69.20, down 0.79 per cent in the afternoon trade on the BSE.

Marico Q3 net up 11 pc at Rs 51 cr * FMCG company Marico today said its consolidated net profit for the third quarter ended December 31, rose by 10.94 per cent to Rs 50.89 crore.

The company had a net profit of Rs 45.87 crore for the same quarter FY'08, Marico said in a filing to the Bombay Stock Exchange.

The total income of the company rose to Rs 622.83 crore for the quarter under review, against Rs 506.23 crore for the same quarter corresponding period.

For the nine months ended December 31, the company had a net profit of Rs 144.30 crore, against Rs 128.29 crore for the same period last fiscal.

Shares of Marico were trading at Rs 56.80, up 0.44 per cent on the BSE.

*** Ipca Laboratories net dips 40 pc to Rs 23 cr * Pharmaceutical company Ipca Laboratories today said its net profit for the quarter ended December 31 declined 39.54 per cent at Rs 23.18 crore.

The company had a net profit of Rs 38.34 crore for the same quarter FY'08, Ipca Laboratories said in a filing to the Bombay Stock Exchange.

Total income of the company rose to Rs 313.13 crore for the quarter under review, against Rs 273.64 crore for the same quarter corresponding year.

Further, the board has declared second interim dividend of Rs 3 per share, the filing added.

For the nine months ended December 31, the company had a net profit of Rs 83.32 crore, against Rs 118.48 crore for the same period last fiscal.

Shares of the Ipca Laboratories were trading at Rs 351.80, down 0.52 per cent on the BSE.

Greenply Industries net up 5 pc at Rs 10.32 cr for Dec qtr * Leading plywood manufacturer Greenply Industries today said its net profit for the quarter ended December 31, rose by 5.30 per cent to Rs 10.32 crore. The company had a net profit of Rs 9.80 crore for the same quarter of last financial year, Greenply Industries said in a filing to the Bombay Stock Exchange.

Income from operations rose to Rs 204.05 crore for the quarter under review, against Rs 162.55 crore for the same quarter last fiscal.

For the nine month ended December 31, the company had a net profit of Rs 28.72 crore, against Rs 30.06 crore for the same quarter in the year ago period.

Shares of Greenply Industries settled at Rs 48.60, down 2.80 per cent on the BSE.

*** Praj Industries net up 20 pc at Rs 47 cr for Dec qtr * Leading biofuels technology company, Praj Industries, today said its net profit for the quarter ended December 31, rose by 20.05 per cent to Rs 47.3 crore.

The company had a net profit of Rs 39.4 crore for the same quarter in the previous financial year, Praj Industries said in a filing to the Bombay Stock Exchange.

Total income of the company rose to Rs 219.91 crore for the quarter under review, against Rs 186.15 crore for the same quarter last fiscal.

For the nine month ended December 31, the company had a net profit of Rs 102.24 crore, against Rs 94.88 crore for the corresponding period last fiscal.

Shares of Praj Industries settled at Rs 51.50, down 5.16 per cent on the BSE.

Coromandal Fertiliser Q3 net up 75 pc at Rs 131.24 cr * Coromandal Fertiliser today announced a 74.68 per cent increase in its third quarter consolidated net profit at Rs 131.24 crore over the corresponding period a year ago. The fertiliser manufacturer had a consolidated net profit of Rs 75.13 crore in the Q3 of the last financial year, the company said in a filing to the Bombay Stock Exchange.

Consolidated net income rose to Rs 8,518.12 crore in the quarter under review from Rs 3,172.91 crore last year.

In the nine-month period ended December 31, 2008, the firm registered a consolidated net profit of Rs 506.12 crore, an over to two-fold increase in growth from Rs 206.41 crore in of the same period a year ago.

On the standalone basis, Coromandal Fertilser posted a net profit of Rs 132.58 crore. It had a net profit of Rs 75.07 crore in the same quarter last year.

Shares of Coromandal Fertiliser ended the day at Rs 101.50, up 11.48 per cent from its previous close on the BSE.

**** Noida Toll Bridge Co Q3 net up 27 pc at Rs 8.34 cr * Noida Toll Bridge Company today said its net profit for the December quarter grew 26.55 per cent at Rs 8.34 crore over the correspondding period a year ago.

The firm had a net profit of Rs 6.59 crore in the December quarter last financial year, the compnay said in a filing to the Bombay Stock Exchange.

Net sales rose to Rs 19.62 crore in the quarter under review from Rs 17.06 crore a year ago.

For the nine-month period ended December 31, 2008, the company registered a net profit of Rs 23.12 crore, an 8.39 per cent growth as compared to Rs 21.33 crore of the same period last fiscal.

Zee News Q3 net up 18.40 pc at Rs 15 cr * Zee News today said its consolidated net profit rose by 18.40 per cent to Rs 15.12 crore for the third quarter ended December 31. The company had a consolidated net profit of Rs 12.77 crore for the same quarter FY'08, Zee News said in a filing to the Bombay Stock Exchange.

Total income of the company rose to Rs 142.97 crore for the quarter under review, against Rs 98.30 crore for the same quarter last fiscal.

"We are extremely pleased with our robust growth despite the financial slowdown," Zee News Chairman Subhash Chandra said.

For the nine months period ended December 31, the company had a net profit of Rs 35.90 crore, as against Rs 24.22 crore for the same period last year.

Further, Chandra added that the company is no longer dependent on two or three key channels.

Shares of Zee News settled at Rs 33.45, up 3.24 per cent on the BSE.

**** Royal Orchid Hotels net dips 44.86 pc at Rs 5.21 cr * Royal Orchid Hotels today said its consolidated net profit declined by 44.86 per cent to Rs 5.21 crore for the quarter ended December 31.

The company had a consolidated net profit of Rs 9.45 crore for the same quarter FY'08, Royal Orchid Hotels said in a filing to the Bombay Stock Exchange.

Income from operations rose to Rs 35.77 crore for the quarter under review, against Rs 33.71 crore for the same quarter corresponding year.

For the nine-months period ended December 31, the company had a net profit of Rs 17.03 crore, against Rs 23.18 crore for the same period last fiscal.

Novartis India Dec qtr net up 7 pc at Rs 24.17 cr * Novartis India today said its net profit in the third quarter of current financial year grew 7.56 per cent at Rs 24.17 crore over the corresponding period a year ago. The drug maker had a net profit of Rs 22.47 crore in the third quarter last fiscal, Novartis India Ltd said in a filing to the Bombay Stock Exchange.

Net sales rose to Rs 156.93 crore in the quarter ended December 31, 2008 from Rs 136.18 crore a year ago.

For the nine-month period ended December 31, Novartis India registered a net profit of Rs 83 crore, a 9.64 per cent growth over the corresponding period last year.

The company had a net profit of Rs 75.70 crore in the same period a year ago.

**** Zandu Pharma Q3 net up 31 pc at Rs 7.23 cr * Zandu Pharmaceutical Works today said its consolidated net profit for the third quarter ended December 31 grew 31.45 per cent at Rs 7.23 crore over the corresponding period a year ago.

Manufacturer of ayurvedic health care products had a consolidated net profit of Rs 5.50 crore in December quarter last financial year, Zandu Pharma said in a filing to the BSE.

Consolidated total income rose to Rs 58.36 crore in the quarter under review from Rs 56.31 crore last year.

For the nine-month period ended December 31, 2008, Zandu registered a net profit of Rs 17.10 crore, a 4 per cent growth over corresponding period a year ago. It had a net profit of Rs 16.43 crore in the same period last fiscal.

However, on a standalone basis, the company posted a net profit of Rs 5.44 crore, a 13.92 per cent decline when compared to Rs 6.32 crore of last year.

Shares of Zandu Pharmaceutical Works today ended the day at Rs 5,895, up 0.15 per cent on the BSE.

Tata Sponge Iron December quarter net at Rs 7 cr * Tata Sponge Iron today said its net profit for the third quarter ended December 31, 2008, declined nearly four-fold to Rs 6.99 crore over the corresponding period a year ago. The company had a net profit of Rs 27.73 crore in the December quarter last financial year, Tata Sponge Iron said in a filing to the Bombay Stock Exchange.

Total income rose to Rs 133.64 crore in the quarter under review from Rs 115.61 crore last year.

While, for the nine-month period ended December 31, 2008, Tata Sponge posted a net profit of Rs 109.12 crore, compared with Rs 62.09 crore a year ago, up by 75.74 per cent.

Shares of Tata Sponge Iron today settled at Rs 131.60, down 2.84 per cent on the BSE.

**** JK Tyre & Industries December quarter net loss at Rs 27.38 cr * JK Tyre & Industries today said its net loss for the quarter ended December 31, 2008, stood at Rs 27.38 crore, while it had a net profit of Rs 21.74 crore in the same quarter a year ago.

Net sales of the tyre maker rose to Rs 779.82 crore in the quarter under review from Rs 722.88 crore a year ago, JK Tyre and Industries said in a filing to the Bombay Stock Exchange.

Shares of the company today closed at Rs 35.25, down 7.24 per cent on the BSE.

Technocraft Industries incurs Rs 7 cr loss in Q3 * Technocraft Industries India Ltd today announced a net loss of Rs 7 crore for the third quarter ended December 31, 2008. The company had a net profit of Rs 9.72 crore in the same quarter last fiscal, Technocraft Industries India said in a filing with the Bombay Stock Exchange.

Total income increased to Rs 115.84 crore for the quarter under review from Rs 91.73 crore in the same period previous fiscal.

For nine-month period ended December 31, 2008, the company's net profit declined to Rs 13.80 crore from Rs 21.28 crore in the same period last year.

Total income of the company jumped up to Rs 332.63 crore during the nine-month period under review from Rs 235.83 crore in the same period last fiscal.

**** Prime Property net drops 38.4 pc to Rs 3.55 cr in Q3 * Construction firm Prime Property Development Corporation today announced a net profit of Rs 3.55 crore for the quarter ended December 31, 2008, down 38.47 per cent over the corresponding period a year ago.

The company had a net profit of Rs 5.77 crore in the same quarter last fiscal, Prime Property Development Corporation said in a filing with the Bombay Stock Exchange.

Total income increased to Rs 50.12 crore for December quarter 2008 from Rs 12.98 crore in the same period last fiscal.

For nine-month period ended December 31, 2008, net profit declined to Rs 14.18 crore from Rs 17.48 crore in the same period last year.

Total income of the company jumped up to Rs 76.64 crore during the nine-month period under review from Rs 40.56 crore in the same period last fiscal.

TNPL's net declines 25.4 pc to Rs 21.28 cr in Q3 * Tamil Nadu Newsprint & Papers (TNPL) today announced a net profit of Rs 21.23 crore for the third quarter ended December 31, 2008, down 25.45 per cent over the corresponding period a year ago. The company had a net profit of Rs 28.48 crore in the same quarter last fiscal, the company said in a filing with the Bombay Stock Exchange.

Total income increased to to Rs 247.88 crore for the quarter under review from Rs 243.79 crore in the same period previous fiscal.

For nine-month period ended December 31, 2008, TNPL's net profit rose to Rs 86.16 crore from Rs 85.44 crore in the same period last year.

Total income of the company moved up to Rs 798.26 crore during the nine-month period under review from Rs 707.82 crore in the same period last fiscal.

**** Rasoya Proteins' net drops 61.7 pc to Rs 1.32 cr in Q3 * Rasoya Proteins today announced a net profit of Rs 1.32 crore for the third quarter ended December 31, 2008, down 61.73 per cent over the corresponding period a year ago.

The company had a net profit of Rs 3.45 crore in the same quarter last fiscal, Rasoya Proteins informed the Bombay Stock Exchange in a communique.

Total income decreased to Rs 89.66 crore for the quarter under review from Rs 101.02 crore in the same period previous fiscal.

For nine-month period ended December 31, 2008, the company's net profit declined to Rs 3.79 crore from Rs 5.41 crore in the same period last year.

Total income of the company declined to Rs 196.58 crore during the nine-month period under review from Rs 198.46 crore in the same period last fiscal.

Apar Industries incurs net loss of Rs 1.02 cr in Q3 * Power equipment manufacturer Apar Industries Ltd today announced a net loss of Rs 1.02 crore for the third quarter ended December 31, 2008. The company had a net profit of Rs 13.71 crore in the same quarter last fiscal, Apar Industries said in a filing with the Bombay Stock Exchange.

Total income increased to to Rs 631.50 crore for the quarter under review from Rs 476.98 crore in the same period previous fiscal.

For nine-month period ended December 31, 2008, the company's net profit dropped to Rs 30.74 crore from Rs 53.51 crore in the same period last year.

Total income of the company jumped up to Rs 1,810.87 crore during the nine-month period under review from Rs 1,239.47 crore in the same period last fiscal.

**** Elantas Beck India's net drops 39.81 pc to Rs 3.19 cr in Q3 * Elantas Beck India Ltd , which manufactures wire enamels, today announced a net profit of Rs 3.19 crore for the third quarter ended December 31, 2008, down 39.81 per cent over the corresponding period a year ago.

The company had a net profit of Rs 5.30 crore in the same quarter last fiscal, Elantas Beck India informed the Bombay Stock Exchange in a communique.

Total income decreased to Rs 39.98 crore for the quarter under review from Rs 41.65 crore in the same period previous fiscal.

For nine-month period ended December 31, 2008, the company's net profit declined to Rs 19.61 crore from Rs 20.23 crore in the same period last year.

Total income of the company rose to Rs 181.97 crore during the nine-month period under review from Rs 171.42 crore in the same period last fiscal.

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