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        DCM Shriram Consolidated Limited, an integrated business group, with extensive and growing presence across the agri-rural value chain and chloro-vinyl industry has posted a net profit of Rs 19.7 crore in the third of this fiscal while net revenue stood at Rs 800.3 crore. DSCL had posted an operating profit ( PBDIT) of Rs 68.6 crore. Earning per share was Rs 1.19. Revenues from chemicals and plastics business were higher due to increase in volumes and better price realizations. The outlook for both these businesses remains stable. Hariyali Kisaan Bazaar and Fenesta Building systems continue to show motivating performance and achieve noticeable operating progress. Sugar revenues were subdued due to lower sales volumes and declining realizations. It is likely to remain challenging in the current season. The Company's fertilizer plant which had witnessed a shut down for 45 days in the previous quarter is now operating at high capacity utilization levels. The revenues improved due to higher sales realizations. Earnings in Agri-trading business were under pressure due to uncompensated cost increases by government in products such as DAP/MOP and high subsidy arrears leading to higher interest costs. Commenting on the performance for the quarter Ajay Shriram, chairman and senior managing director said, 'We witnessed a stable operating performance that included better results from our plastics and chemicals operations, which were neutralized by the margin challenge in the sugar business. From a longer term perspective we continue to remain positive on all our businesses including sugar, which we have always mentioned is cyclical in nature.'

        Panoramic Universal Limited, the flagship company of the Panoramic group has reported a turnover of Rs 32.43 crore, up by 71.73 per cent when compared to Rs 18.88. crore, in the corresponding quarter of the previous year.(October-December 05). The company had a whopping 3162.96 per cent increase in its net profit at Rs 9.67 crore for the third quarter ended December 2006 as against Rs 29.65 lakh for the corresponding quarter of the previous year. Net sales for the nine months ended December 2006 stood at Rs 98.07 crore as against Rs 53.23 crore for the corresponding period last year. Commenting on the results, Sudhir Moravekar, chairman, Panoramic Universal said, 'Our strategic engagement of the US Travel Trade has paid rich dividends in this quarter. This winter has been exceptionally good as marketing department developed the special packages of winter bus tours trips to all the hotel locations.'

        For Finolex Cables, its has been promising one for the company posting a net profit of Rs 161 million (previous year's corresponding quarter Rs 107.9 million), up by 49.2 per cent while net profit for the period of nine months was Rs 601.6 million (previous year's corresponding nine months, Rs 293.5 million), also up by 105 per cent. Net sales for the quarter were Rs 2,529.6 million (previous year's corresponding quarter Rs 2,134 million), up by 18.5 per cent. The nine monthly sales were Rs 7,408 million (previous year's corresponding nine months, Rs 5,245.4 million), also up by 41.2 per cent. Earnings per share (EPS) for the quarter was Rs 1.1 and for the nine months was Rs 3.9 (corresponding quarter and nine months of the previous year Rs 0.7 and Rs 1.9, respectively). The equity shares were split into face value of Rs 2 each from face value of Rs 10 each with effect from 16 January 2007. Effect of split has been taken into consideration for the EPS stated.

        It's growth for Allahabad Bank during the nine months ended December 2006 registering Rs 95,237 crore business. The bank's net profit increased from Rs 555.63 crore to Rs 624.41 crore during this period showng a growth of 12.38 per cent. This was despite making a provision of Rs 108.83 crore for mark-to-market requirement for investment portfolio, which was Rs 39.99 during the corresponding period last year. The net NPA to net advances ratio reduced to 0.72 per cent while capital adequacy ratio stood at 2.80 per cent and the bank was fully prepared for compliance of new Basell II norms. Earning per share increased to Rs 18.64 from Rs 16.94 .