Q2 Results | Supreme Industries, Jindal Saw, Hitachi, Merck, Bajaj Auto, UCO Bank, Merck, Eastern Silk

1. Supreme Industries
Sales grew 16.33% in this quarter vs corresponding quarter last year to 342.5 cr. Net profit grew 91% to 19.8 cr in this quarter vs corresponding quarter last year. The company had finished with its buy back offer last quarter. Consequently, promoter holding has increased from 45% to 49%.

2. Jindal Saw Ltd
Although the topline was lower in this quarter vs corresponding quarter last year. Gross turnover was down 7.7%. Consumption of raw materials and purchase of traded goods was down 41% to 663.2 cr. However, with an increased EBIDTA to net sales ratio of 18.44% vs 13.37%, net profit rose 46% to 146 cr. Better profitability of export orders led to the increased EBIDTA.

3. Hitachi Home & Life Solutions India Ltd
Sales rose 30% in this quarter vs corresponding quarter last year to 140 cr. Net profit was also up. It rose 77% to 8.75 cr.

4. Bajaj Auto Ltd
The Company has posted a net profit of Rs 4028.30 million for the quarter ended September 30, 2009 as compared to Rs 1849.10 million for the quarter ended September 30, 2008. Total Income has increased from Rs 25412.80 million for the quarter ended September 30, 2008 to Rs 29092.40 million for the quarter ended September 30, 2009.

5. UCO Bank Ltd
The Bank has posted a net profit of Rs 2077.20 million for the quarter ended September 30, 2009 as compared to Rs 1500.90 million for the quarter ended September 30, 2008. Total Income has increased from Rs 21879.80 million for the quarter ended September 30, 2008 to Rs 26098.20 million for the quarter ended September 30, 2009.

6. Merck Ltd
Top line grew by 20.3% in this quarter vs corresponding quarter last year to 130 cr. Net profit grew 50% 26.1 cr.

7. Eastern Silk Industries
Sales fell 24% in this quarter vs corresponding quarter last year to 120 cr. Net profit fell 74% to end at 2.86 cr.