The net profit of Balrampur Chini Mills rose by 935.9 per cent to Rs 12.12 crore in July-September 2000 from Rs 1.17 crore in July-September 1999. Its net sales also rose by 122.5 per cent to Rs 167.63 crore during the second quarter.

The net sales of the 285 firms increased by 8.6 per cent to Rs 14,742 crore during July-September 2000. This is probably due to the significant increases in net sales by firms like Advanced Synergic Micro, Eonour Software, Madhu Intra, Sagarsoft(India), Sunlife Techno and Victory Paper.

The operating profit of these 285 firms rose by 4.2 per cent to Rs 5,028 crore in July-September 2000 from Rs 4,824 crore. The gross profit also rose by 4 per cent to Rs 3,035 crore in July-September 2000 from Rs 2,918 crore in July-September 1999. The profit before tax (PBT) increased by 4.9 per cent to Rs 1,829 crore. Though the net profit rose by 5.5 per cent to Rs 1,551 crore in July-September 2000 from Rs 1,471 crore in July-September 1999, the profit after tax (PAT) to sales ratio declined from 10.8 per cent to 10.5 per cent.

Of these 285 firms, 85 registered a decline in gross profit. There are 31 firms which more than doubled their gross profit during the second quarter.

In PBT, 35 firms witnessed an increase of 100 per cent or more in the second quarter in 2000. However, 70 firms have recorded a lower PBT in July-September 2000. In the case of PAT, significant loss made by the firms in July-September 2000 are Global Boards (Rs 11.82 crore), Oriental Carbon & Chem (Rs 22.26 crore) and Parasrampuria Synthetics (Rs 55.88 crore).

As many as 70 firms recorded lower net profit in July-September 2000 against that in July-September 1999. On the other hand, 35 firms witnessed an increase of 100 per cent or more. Among the 285 firms, the top five in respect of PAT to sales ratio in July-September 2000 were Smifs Capital Markets, Dolta Investments, Soni Infosys, NDA Securities and Modern Home Credit.

PAT formed less than 0.5 per cent of sales during July-September 2000 in the case of Auroma Coke, Balurghat Techno, Empire Industries, Orgeon Commercials, Selvas Photographics, Shree Hari Chemicals, Sona Koyo Steering and Victor Impex. A significant increase in the ratio during July-September 2000 against that in July-September 1999 was recorded by Alfred Herbert, Eonour Software, Idea Solutions, Krypton Indus, Pentagon Global Solutions and Smifs Capital Markets. An opposite trend can be seen in the case of BNK Capital, BSEL Information System, Filmcity Media, Kirloskar Oil and Machino Plastics.

The average earning per share (EPS) of the 285 firms increased by 2.2 per cent to Rs 1.38 in July-September 2000 from Rs 1.35 in July-September 1999.

Aggregate
This weeks' addition of 285 firms with previous week's 975 firms second quarterly results also showed an increase in sales and profits. The sales of 1,260 firms rose by 21.7 per cent to Rs 1,93,323 crore in July-September 2000 from Rs 1,58,828 crore in July-September 1999. These firms have registered a rise of 5.2 per cent to Rs 5,142 crore (Rs 4,887 crore) in other income during July-September 2000.

In terms of operating profit, these firms have shown a rise of 12.4 per cent to Rs 47,859 crore in July-September 2000 from Rs 42,573 crore in July-September 1999. The gross profit of these 1,260 firms also rose by 15.5 per cent to Rs 25,640 crore (Rs 22,201 crore). The PBT and PAT figures of these firms increased by 18.3 per cent to Rs 17,036 crore (Rs 14,406 crore) and 14.9 per cent to Rs 13,362 crore (Rs 11,631 crore) respectively during July-September 2000. The PAT to sales ratio declined from 7.32 per cent in July-September 1999 to 6.91 per cent in July-September 2000. But the average EPS of these 1,260 firms increased by 9.8 per cent to Rs 2.25 in July-Sept 2000 from the level of Rs 2.05 in July-Sept 99.