Balaji Tele, BASF & Central Bank of India Q2 results

CORPORATE SCORECARD

Balaji Tele Q2 net up at Rs 17 cr

Balaji Telefilms posted a net profit of Rs 17.01 crore for the second quarter this fiscal compared with Rs 11.28 crore for corresponding quarter last year. Total income also increased from Rs 46.77 crore to Rs 71.42 crore.

BASF net profit up 32% in Q2

Pesticides producer BASF India posted a 32.39 per cent rise in net profit at Rs 17 crore for the quarter ended September 30, 2005, compared with Rs 12.84 crore for the corresponding period last fiscal. Total income (net of excise) showed an increase of 7.71 per cent at Rs 191.74 crore as against Rs 178.01 crore.

Central Bank of India net dips 67%

Central Bank of India reported a 67 per cent fall in its net profit in the first half of 2005-06 to Rs 107.77 crore from Rs 331.06 crore a year earlier. The drop in profit was on account of a provision of Rs 319.04 crore towards depreciation on investments and on transfer of securities in the investment portfolio to held to maturity category.

The bank's advances increased by 17.7 per cent to Rs 30,966 crore during from Rs 26,300 crore a year earlier. Its deposits rose 14.8 per cent to Rs 65,493 crore from Rs 57,063 crore a year earlier. The bank's net non-performing assets fell to 2.79 per cent from 4.41 per cent a year earlier.