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ICI Q4 profit rises

Paint manufacturer and marketing company ICI India Ltd today posted a net profit after taxation at Rs 10.61 crore for the quarter ended March 31 as against a net loss after taxation of Rs 1.01 crore for the corresponding period last fiscal.

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Paint manufacturer and marketing company ICI India Ltd today posted a net profit after taxation at Rs 10.61 crore for the quarter ended March 31 as against a net loss after taxation of Rs 1.01 crore for the corresponding period last fiscal.

It recorded total income (net of excise) of Rs 193.03 crore for the same period 2005-06 while in the corresponding period of 2004-05, total income stood at Rs 188.18 crore, it said. The board has recommended a dividend of Rs 6 per share. The net profit after taxation stood at Rs 50.15 crore in the year 2005-06 while it was Rs 47.18 crore for the year 2004-05, it said.

Torrent Pharma net loss

Mumbai: Torrent Pharmaceuticals Ltd posted a net loss of Rs 1.69 crore for the quarter-ended March as compared to a net profit of Rs 3.30 crore for the quarter-ended March 2005. However, the total income (net of excise) rose to Rs 153.51 crore for the fourth quarter in the year 2005-06 from Rs 106.04 crore for the corresponding quarter in the year 2004-05, up 44.76 per cent.

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