Zicom, National Fert & Flawless Diamond Q2 results

CORPORATE SCORECARD

Zicom net doubles to Rs 2.7 crore

Electronic security solutions provider Zicom Electronic Security Systems on Wednesday posted an increase of over two-fold in net profit at Rs 2.71 crore for the quarter ended September 30 as compared with Rs 1.32 crore in the corresponding quarter last year.

The gross sales of the company increased by 88.74 per cent at Rs 37.39 crore for the second quarter ended September 30 as against Rs 19.81 crore a year ago, the company informed the National Stock Exchange.

"We are looking forward to a successful year ahead, with a foray in retail segment and with growing retail market our topline and bottomline are expected to increase. With booming infrastructure sector and increasing awareness of security, we expect our sales to grow in both retail and integrated security solutions business," Zicom Electronic Security Systems Chairman Manohar Bidaye said.

The shares of the company were trading at Rs 200, up 0.48 per cent on the NSE.

National Fert net down 46%

National Fertilizers has posted a lower net profit of Rs 25.61 crore for the quarter ended September 30, 2006, as compared with Rs 47.05 crore for the same period last year, resgistering a dip of 46 per cent.

Total Income stood at Rs 1,082.10 crore for the quarter ended September 30 from Rs 1,085.07 crore for the same period last year.

Flawless Diamond net up at Rs 1.25 cr

Flawless Diamond has posted a net profit of Rs 1.25 crore for the quarter ended September 30, 2006, as compared with Rs 0.15 crore for the corresponding quarter of the previous year. Total Income stood at Rs 59.93 crore for the quarter from Rs 109.59 crore last year.