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27 per cent rise in Apollo Hospitals fourth quarter net profit

May 20, 2013 03:39 pm | Updated 10:43 pm IST - Mumbai

NEW DELHI: Apollo Hospitals. PTI GRAPHICS (PTI5_20_2013_000156B)

Apollo Hospitals Enterprise, on Monday, reported a 27.3 per cent rise in its net profit at Rs.75.52 crore for the fourth quarter ended March 31, 2013, mainly on account of robust performance in healthcare services and pharmacy segments.

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The company had posted a net profit of Rs.59.32 crore in the corresponding period of the previous fiscal.

Total income stood at Rs.848.29 crore against Rs.744.56 crore.

The board of directors has recommended a dividend of Rs.5.50 per share for 2012-13.

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For the year ended March 31, 2013, the net profit rose to Rs.309.12 crore from Rs.230.99 crore in the previous year. Total income increased to Rs.3,317.79 crore from Rs.2,800.07 crore.

Adani Enterprises

Adani Enterprises reported a 53 per cent growth in its consolidated net profit at Rs.473.78 crore for the fourth quarter ended March 31, 2013, largely due to some one-time gains, against Rs.309.45 crore in the same quarter of the pervious fiscal. Net sales have increased by 8.3 per cent to Rs.11,472.12 crore from Rs.10,594.29 crore.

On a standalone basis, the company plunged into a net loss of Rs.73.61 crore against a net profit of Rs.170.55 crore as its expenditure overshot net sales. Interest outgo increased by 156 per cent to Rs.131.79 crore, the company said in a filing to the Bombay Stock Exchange.

Net sales stood at Rs.3,418.70 crore but the total expenditure was Rs.3,440.75 crore in the last quarter.

It said it had two one-time gains and a settlement during the quarter, resulting in a total gain of Rs.444.70 crore. This includes divestment of Abbot Point Terminal in Australia by Adani Ports and SEZ Ltd to company promoters, resulting into a gain of Rs.419.57 crore.

Besides, other income, largely interest earned on deposits, rose by over 62 per cent to about Rs.308 crore during the quarter.

For the year ended March 31, 2013, the company reported 12 per cent decline in its consolidated net profit at Rs.1,612.98 crore against Rs.1,839.21 crore in 2011-12, largely due to over 91 per cent increase in interest outgo at Rs.3,492.93 crore. Net sales rose by 18 per cent to Rs.46,368.85 crore.

Birla Corporation

Birla Corporation on Monday reported over 26 per cent increase in its net profit at Rs.72.62 crore for the fourth quarter ended March 31, 2013, against Rs.57.46 crore in the year-ago period. The turnover has increased marginally to Rs.768 crore from Rs.739 crore.

The board has proposed a dividend of Rs.4.5 per share. An interim dividend of Rs.2.5 had already been paid. The company achieved a turnover of Rs.2,955 crore in fiscal 2013 against Rs.2,557 crore in 2011-12. The profit after tax rose to Rs.270 crore from Rs.239 crore.

Hotel Leelaventure

Hotel Leelaventure reported a net loss of Rs.142.17 crore for the fourth quarter ended March 31, 2013, mainly on account of finance costs, against Rs.209.66 crore in the corresponding quarter of the previous year. Net sales in the fiscal rose to Rs.200.63 crore from Rs.139.31 crore.

For the year ended March 31, 2013, net loss stood at Rs.433.46 crore against a net profit of Rs.18.63 crore in the previous fiscal.

Net sales, however, rose to Rs.653.86 crore from Rs.571.84 crore.

Rane Brake Linings

Rane Brake Linings Ltd., part of the Rane Group of Companies, on Monday reported a 24.5 per cent decline in its net profit at Rs. 3.94 crore for the fourth quarter ended March 31, 2013, against Rs.5.22 crore in the corresponding period of the previous year. Total income remained flat at Rs.100.78 crore against Rs.101.24 crore.

In the year ended March 31, 2013, the net profit slipped by 43.8 per cent to Rs.9.09 crore from Rs.16.19 crore. Total income marginally grew to Rs.376.43 crore from Rs.359.17 crore.

The board has recommended a final dividend of Rs.2 per equity share of Rs.10 each.

PC Jeweller

PC Jeweller reported a 26 per cent increase in its consolidated net profit at Rs.291.01 crore for the year ended March 31, 2013, against Rs.230.93 crore in the previous fiscal. Total income rose 32 per cent to Rs.4,018.41 crore from Rs.3,041.92 crore.

The board of directors has recommended a dividend of Re.1 per share for 2012-13.

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