Glenmark Pharma Q2 net profit at Rs111.6 crore vs Rs80.9 crore

Drug firm Glenmark Pharmaceuticals Ltd said its consolidated net profit rose 38% to Rs111.6 crore for the second quarter ended 30 September 2010 from Rs80.9 crore in the same period last financial year.

During the quarter to end-September, its total revenues rose to Rs741.4 crore from Rs602.5 crore same period last fiscal.

On Thursday, Glenmark Pharma shares ended 3.3% up at Rs324 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.1% down at 20,005 points.

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Dabur Q2 consolidated net profit up 15.4% to Rs160 crore

FMCG company Dabur India Ltd said its consolidated net profit for the second quarter ended 30 September increased 15.4% to Rs160 crore from Rs139 crore in the same quarter last year.

Its consolidated net sales were gained 14.7% to Rs973 crore from Rs848 crore, the company said in a statement.

During the September 2010 quarter, Dabur India's standalone net profit increased 1.4% at Rs126.2 crore compared to Rs124.4 crore while its total revenues increased 13.3% to Rs807.2 crore from Rs712.5 crore in the year-ago quarter.

The company declared an interim dividend of 50% or 50 paisa per share.
On Thursday, Dabur shares ended 1.3% down at Rs103 on the Bombay Stock Exchange, while the benchmark Sensex declined 1.1% to 20,005 points.
 

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Shriram Transport Finance Q2 net profit jumps 44.11% to Rs299 crore

Non-banking financial company Shriram Transport Finance Ltd said its net profit jumped 44.1% to Rs299 crore for the second quarter ended 30 September 2010 from  Rs207.5 crore a year ago.

During the second quarter, its total revenues increased 22.7% to Rs1,305.8 crore from Rs1,064 crore, same quarter last year.

The company declared an interim dividend of Rs2.50 per share.

On Thursday, Shriram Transport Finance shares gained 4% to Rs809 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.1% down at 20,005 points.

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