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2008 October 30   06:56

Bharati Shipyard Q2 net up 29 pc at Rs 33 cr

Shipbuilding firm Bharati Shipyard on Wednesday said that its net profit grew by 28.77 per cent at Rs 33.16 crore for the second quarter ended September 30 over the corresponding period year ago.
The firm had a net profit of Rs 25.75 crore in the second quarter of FY'08, Bharati Shipyard said in a filing to the Bombay Stock Exchange.
Net sales rose by 44.40 per cent to Rs 213.77 crore for the quarter under review, from Rs 148.03 crore in the same period last fiscal.
For six months ended September 30, it registered a net profit of Rs 62.84 crore, a 30.97 per cent growth against Rs 47.98 crore in the same period last year.
Shares of the company closed at Rs 69, down 2.27 per cent on the BSE.
3M India Q3 net dips 31.66 pc at Rs 12.84 cr * Diversified technology firm 3M India today said its net profit for the third quarter ended September 30 fell 31.66 per cent at Rs 12.84 crore, over the corresponding period a year ago.
The firm had a net profit of Rs 18.79 crore for the September quarter last fiscal, 3M India Ltd said in a filing to the Bombay Stock Exchange.
Net sales rose to Rs 191.71 crore for the quarter under review, from Rs 158.71 crore for the same quarter last year.
For the nine months ended September 30, 3M India posted a net profit of Rs 46.33 crore, a 8.79 per cent decline as compared with Rs 50.80 crore for the same period a year ago.
Net sales rose to Rs 565.58 crore for the quarter under review, from Rs 453.93 crore for the same period last fiscal.
Shares of the company closed at Rs 983, down 0.50 per cent on the BSE.

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