HLL registers 77 rise in net profit

The results for the 2005-06 Q4 are not comparable to those of corresponding quarter in 2005 due to the integration of subsidiaries 8212; International Fisheries, Lipton India Exports, Merryweather Food Products, TOC Disinfectants and Lever India Exports 8212; with HLL and the demerger and disposal of Doom Dooma and TEI plantation divisions and the amalgamation of Vashisti Detergents Ltd with HLL.

The company8217;s shares were trading at Rs 274.15, down 4.56 per cent at the BSE.

Sterling Biotech Q1 net up 23.18 pc at Rs 30.23 cr

MUMBAI: Sterling Biotech Ltd posted an increase of 23.18 per cent in net profit at Rs 30.23 crore for the first quarter ended March 31, as compared to Rs 24.54 crore for the same quarter last fiscal.The total income of the company grew at 21.72 per cent to Rs 134.69 crore for the first quarter from Rs 110.65 crore in the corresponding period last year, Sterling Biotech informed the BSE.The shares of the company were trading at Rs 122, up 0.70 per cent on the BSE.

Glaxosmithkline Pharma Q1 net up by 115

MUMBAI: The city-based GlaxoSmithkline Pharmaceuticals today posted a 115 per cent increase in its net profit at Rs 101.23 crore for the quarter ended March 31 as against Rs 46.91 for the same period last year. Total income in the quarter under review also went up by 54 per cent at Rs 448.39 crore as compared to Rs 289.8 crore for the same period last year. The board of directors approved the sale of the company8217;s a nimal health business to a leading European company for a total consideration of Rs 207.1 crore. The decision, however, is subject to neccessary approvals from regulatory authorities. The company8217;s share was at Rs 1379.3 at the close of trading hours, down 1.75 per cent at the Bombay Stock

Exchange.

Hindustan Zinc net up three-fold

MUMBAI: Hindustan Zinc Ltd on Friday posted an over three-fold increase in net profit at Rs 802 crore for the fourth quarter ended March 31, 2006, as compared to Rs 229 crore for the corresponding quarter in 2004-05.

The total income increased two-folds to Rs 1,811 crore for the quarter under review from Rs 761 crore for the corresponding period in 2004-05.

The board has recommended a dividend at Rs 2.50 per equity share of Rs 10 each 25 per cent. For the year ended March 31, 2006 the net profit stood at Rs 1,472 crore as compared to Rs 661 crore for 2004-05.

Finolex Q4 net dips 44.44 pc at Rs 15.36 cr

MUMBAI: Electrical cable maker Finolex Industries Ltd posted a decline of 44.44 per cent in net profit at Rs 15.36 crore for the quarter ended March 31, against Rs 27.65 crore for the same quarter last fiscal. Total income dipped 10.49 per cent to Rs 222.70 crore for the fourth quarter ended March 31, from Rs 248.81 crore in the corresponding quarter last year, the company informed the BSE.The board recommended a dividend of Rs 1.50 on shares of Rs 10 each 15 per cent for the year ended March 31, 2006 and an additional silver jubilee dividend of Rs 1.50 per share 15 per cent aggregating to Rs 3 per share 30 per cent.

Orchid Chemicals Q4 net up 16.81 at Rs 19.38 cr

MUMBAI: Orchid Chemicals and Pharmaceuticals Ltd posted a 16.81 per cent rise in net profit of Rs 19.38 crore for the quarter ended March 31, 2006, as compared to Rs 16.59 crore in the corresponding period in 2004-05.Total income has increased per cent to Rs 240.85 crore for the fourth quarter from Rs 178.29 crore in the year-ago period, the company informed the BSE.The board has recommended a dividend Rs 3 per share on shares of Rs 10 each 30 per cent.