Raymond net up at Rs 121 cr

Raymond Ltd?s net profit increased by 45.5 per cent to Rs 121 crore for the fiscal ended March 31, 2006, compared with Rs 83.15 crore in the last fiscal. Revenue increased by 15 per cent to Rs 1,345 crore for the year against Rs 1,169 crore in the previous year. The profit before tax and exceptional items was Rs 173 crore for the year against Rs 116 crore in the previous year, an increase of 49 per cent.

STC profit

The State Trading Corporation has reported a profit before tax (PBT) of Rs 17 crore in the quarter in the quarter ended March, against Rs 3.72 crore in the corresponding period of the previous year.

Suryajyoti

Suryajyoti Spinning Mills has announced an increase in net profit (before deferred tax provision) for the fourth quarter ended March 31, 2006, at Rs 2.16 crore compared with Rs 1.04 crore in the year-ago period.

ISMT results

ISMT Ltd?s net sales grew by 19 per cent to Rs 1,061 crore. The company?s EBIDTA increased by 58 per cent to Rs 251 crore, PAT increased by 250 per cent to Rs 115 crore and operating margin improved from 17.7 per cent to 23.6 per cent.

Ashapura

Ashapura Minechem Ltd has recorded a rise in net profit at Rs 54.53 crore for the year ended March, 2006, compared with Rs 13.72 crore in the previous year. Net profit for the fourth quarter was at Rs 18.93 crore compared with Rs 2.74 crore in the year-ago period.

Vivimed Labs

Vivimed Labs Ltd has reported a profit after tax of Rs 9.30 crore for the fiscal 2005-06, recording a 93 per cent rise over that in the previous year. Total revenue during the period was up 52 per cent to Rs 79,74 crore against Rs 52.34 crore in the previous fiscal.

Sun Micro

Sun Microsystems Inc has introduced carrier-grade Netra AdvancedTCA (ATCA) blade server family, which includes the UltraSPARC and AMD Opteron processor-based ATCA blades.

Lafarge move

Lafarge India launched a safety construction helmet for the masons of eastern India. The company also plans to bring 10,000 masons under the purview of the insurance policy.

Honda bike

The 125-cc Honda Shine has been launched in Calcutta. The bike has two variants, Shine Disc and Shine Drum. It has already been launched in the western and southern regions.The on road price of Shine Disc is Rs 48,204 while that of Shine Drum is Rs 50,127.

Contact lens

Advanced Medical Optics Inc (AMO) has launched COMPLETE Aqua vision monthly contact lenses in India, which are available at all the leading optical outlets.