HCL net at Rs 267cr

IT firm HCL Technologies has reported a net profit of Rs 266.95 crore for the quarter ended December 31 compared with Rs 266.14 crore for the same quarter last year. The total income of the company rose to Rs 1,185.30 crore for the quarter against Rs 1,023.43 in the year-ago period. The company’s board has declared an interim dividend of Rs 2 per share.

Balasore net

Balasore Alloys has clocked a net profit of Rs 9.97 crore in its fourth quarter ended December 31 compared with Rs 2.4 crore in the corresponding quarter of the previous fiscal. Profit before tax was Rs 16.03 crore against Rs 3.81 crore in the year-ago period. Turnover increased to Rs 111.89 crore from Rs 74.86 crore a year ago.

Sutlej Textiles

Sutlej Textiles and Industries Ltd has recorded an 11 per cent increase in its turnover for the third quarter ended December 31 at Rs 194.88 crore compared with Rs 175.44 crore during the corresponding period of the previous year. Earnings before interest, depreciation and tax dropped 15.2 per cent to Rs 22.54 crore from Rs 26.58 crore a year ago.

Monnet Ispat

Monnet Ispat and Energy Ltd’s net sales jumped 60 per cent to Rs 288 crore for the third quarter ended December 31 against Rs 180 crore in the corresponding quarter of the previous fiscal. The company recorded a profit after tax of Rs42.24 crore during the quarter. The company has increased its power generation capacity for captive use to 150MW

CBoP profit

The Centurion Bank of Punjab (CBoP) has posted a 44 per cent rise in net profit at Rs 48.3 crore for the quarter ended December 31, 2007, against Rs 336 crore in the corresponding quarter of the previous fiscal. The operating profit increased 108 per cent to Rs 128.1 crore compare with Rs 61.6 crore in the year-ago period.

Orchid Chem

Orchid Chemicals and Pharmaceuticals Ltd has registered sales and operating income of Rs 332.69 crore for quarter ended December 31 compared with Rs 238.73 crore a year ago, a 39.4 per cent growth rate. Earnings before interest and tax stood at Rs 74.87 crore against Rs 54.28 crore in the corresponding quarter of the previous year.

West Coast

The West Coast Paper Mills Ltd registered a profit after tax of Rs 22.11 crore in the quarter ended December 31 compared with Rs 16.26 crore in the corresponding quarter of the previous fiscal. Profit before tax was Rs 25.04 crore in the reporting quarter against Rs 18.39 crore a year ago.

Gontermann

Gontermann-Peipers has reported a 9 per cent increase in net profit at Rs 3.91 crore for the third quarter ended December 31 against Rs 3.58 crore in the year-ago period.