BUSINESS

CMC first half net up

MUMBAI: CMC Ltd, a Tata group company, has posted a 92.5 per cent rise in consolidated net profit at Rs. 12.94 crores for the second quarter ended September 30, 2004 against Rs. 6.72 crores in the same period last fiscal. The consolidated revenues were lower at Rs. 184.03 crores against Rs. 193.31 crores in July-September 2003, the company said in a release here. The net profit and revenues for the six months ended September 30, 2004 were higher at Rs. 31.68 crores against Rs. 15.32 crores in April-September 2003 and Rs. 375.01 crores (Rs. 364.80 crores) respectively, the release said.

PTI

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