Dr. Reddy’s Laboratories has posted a 70 per cent rise in profit after tax at Rs.618 crore in the third quarter ended December 31, 2013, against Rs.363 crore in the year-ago period. Total income was also up by 23.3 per cent at Rs.3,551 crore against Rs. 2,888 crore.
The phenomenal growth was attributed to 41 per cent increase in sales of global generics in North America and other emerging markets during the quarter under review.
Aditya Birla Nuvo
Aditya Birla Nuvo reported a 11.6 per cent rise in its consolidated net profit at Rs.345.27 crore for the third quarter ended December 31, 2013, against Rs.309.45 crore in the same period of the previous year. Total income from operations, however, fell to Rs.6,544.80 crore from Rs.6,737.21 crore. During the quarter, there was an increase of 9.3 per cent in consolidated revenue from branded apparels and accessories to Rs.1,231.82 crore from Rs.1,126.51 crore. Revenue from textiles grew 22.98 per cent to Rs.331.46 crore.
Bajaj Electricals Bajaj Electricals reported a 71.5 per cent rise in its net profit at Rs.20.03 crore for the third quarter ended December 31, 2013, against Rs.11.68 crore in the corresponding period of the previous year. Net sales increased to Rs.1,032.42 crore from Rs.872.12 crore.
Revenue from the lighting segment stood at Rs.247.19 crore against Rs.221.57 crore. Revenue from the consumer durables segment increased to Rs.519.19 crore from Rs.504.63 crore.
Revenue from the engineering projects increased to Rs.266.67 crore from Rs.146.88 crore.
Repco Home Finance Repco Home Finance Ltd. has reported a rise of 62.5 per cent in its net profit at Rs.27.14 crore in the third quarter ended December 31, 2013, against Rs.16.70 crore in the same period of the previous year. Total income from operations rose to Rs.135.83 crore from Rs.103.10 crore.
For the nine months ended December 31, 2013, the net profit rose by 50 per cent to Rs.78.61 crore from Rs.52.32 crore during the corresponding period of the previous year.
Income from operations registered a rise of 32 per cent to Rs.384.38 crore from Rs.291.90 crore.
TNPL Tamil Nadu Newsprint and Papers Ltd. (TNPL) increased its total revenue to Rs.580.70 crore in the third quarter ended December 31, 2013, from Rs.459.26 crore in the same period of the previous year.
The net profit more than doubled to Rs.36.89 crore from Rs.17.91 crore. The company has commissioned the revamped steam and power project last month at a capital outlay of Rs.167 crore which met the entire requirement of power leaving a surplus of 7 MW.
IHCL Indian Hotels Company Ltd. (IHCL) has reported a flat growth in net profit at Rs.65.51 crore for the third quarter ended December 31, 2013, against Rs.64.62 crore in the year ago period. Sales income grew marginally to Rs.564.24 crore from Rs.544.55 crore.
For the nine months of this fiscal year, IHCL reported a net loss of Rs.225.03 crore as compared to a net profit of Rs.62.29 crore in the year ago per iod.
Sales income grew to Rs.1,351.79 crore from Rs.1,320.03 crore.
BGR Energy BGR Energy Systems Ltd. has reported 19 per cent fall in its net profit at Rs.33.55 crore for the quarter ended December 31, 2013 when compared with Rs.41.44 crore in the year-ago period. Net sales stood at Rs.835.59 crore as against Rs.804.91 crore.
