Dr Reddy’s PAT up 19%

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Mumbai, New Delhi, Hyderabad, Oct 23: Ramanathan said.

Commenting on easing lead prices, he said, the recent softening of lead prices in the international market to some extent was neutralised by sharp depreciation of the rupee against the dollar.

In the first half of the year, the turnover was Rs 1,807 crores and net profit Rs 160 crore.

Voltas net up 16%

Voltas Ltd has posted a net profit of Rs 62 crore for the quarter ended September 30, 2008, which is 16% higher over the previous corresponding period. The company has reported sales from operations at Rs 931 crore for the quarter ended September 30, 2008, which is 29% higher than the previous corresponding period.

Kirloskar Bros net dips 13%

Pump manufacturer Kirloskar Brothers said its net profit for the second quarter ended September 30 fell 13.22% at Rs 23.42 crore over the corresponding period a year ago.

The company had a net profit of Rs 26.99 crore in the second quarter of FY'08, Kirloskar Brothers said in a filing to the BSE.

Total income of the firm rose to Rs 422.81 crore in the quarter under review from Rs 326 crore in the same period last year.

Shares of the company were trading at Rs 85, up 1.07% on the BSE.

Apollo Tyres net down 73%

Apollo Tyres today said it has reported a net profit of Rs 15.1 crore in the quarter ended September 30, a decline of 73.7% compared with the same quarter a year ago.

The company had reported a net profit of Rs 57.6 crore in the same period, Apollo Tyres said in a filing to Bombay Stock Exchange. In terms of the net sales, it has registered an increase of 16.3% in the second quarter.

Punj Lloyd net up 61%

Engineering and construction firm, Punj Lloyd today reported a consolidated net profit of Rs 144.12 crore for the quarter ended on September 30, 2008 an increase of around 61% as compared to the same period last year. Punj Lloyd has reported a consolidated net profit of Rs 89.4 crore in the same quarter last year, the company said in a statement. In terms of the total income, it has registered an increase of over 53% at Rs 2,954 crore in the second quarter of the current fiscal as compared to Rs 1,924.7 crore in the corresponding period last year.

Monnet Ispat profit up 60%