CorporateNatco Pharma, Apollo Hospitals, Sundram Fasteners & Emami Q2 result
Natco Pharma net up 13%
Hyderabad-based manufacturer of integrated pharmaceutical and bulk chemicals Natco Pharma Ltd reported a net profit of Rs 13.37 crore for the second quarter ended September 30, compared with Rs 11.87 crore in the corresponding quarter last year — a growth of 12.63 per cent.
Jindal Steel brightens on acquisition buzz
Apollo Hospitals net up 13%
Apollo Hospitals Enterprise Ltd (Apollo Hospitals) has reported a net profit after tax of Rs 34.06 crore for the quarter ended September 30, against Rs 30.13 crore in the same period last year — an increase of 13 per cent. While the group’s health care business continued to report a profit (Rs 64.01 crore compared with Rs 49.98 crore a year ago), the pharmacy business continues to report a loss (Rs 3.70 crore compared with the Rs 3.50-crore loss last year).
Sundram Fasteners net at Rs 19 cr
Sundram Fasteners has reported a net profit after tax of Rs 18.87 crore for the quarter ended September 30, against Rs 9.17 crore in the same period last year. Total income dropped to Rs 331.44 crore from Rs 388.37 crore — a drop of around 14 per cent.
Emami PAT doubles to Rs 28.66 crore
Personal-care major Emami’s net profit stood at Rs 28.66 crore for the quarter ended September 30, 2009, more than doubling from Rs 13.47 crore in the corresponding quarter of the previous financial year. Emami’s net sales at Rs 211.73 crore for the quarter, too, saw a growth of 66 per cent from Rs 127.79 crore in the corresponding previous.