BASF India Q1 net spurts 20% to Rs 4 crore:BASF India has registered a 19.87 per cent jump in net profits for the first quarter ended June 30, 1998 to Rs 3.86 crore, as compared with Rs 3.22 crore in the corresponding period of the previous year. Net sales rose 16.64 per cent to Rs 81.08 crore while other income was Rs 36 lakh. Operating profit increased to Rs 14.08 crore, against Rs 12.19 crore in the previous year. Interest and depreciation stood at Rs 4.55 crore and Rs 5.22 crorerespectively. Provision for taxation was Rs 45 lakh. The company said that crop protection chemicals, which forms a significant part of its business, is seasonal in nature and hence the quarterly figures are not representative of the full year.

Aurobindo Pharma Q1 net up 86% to Rs 9 cr:The Hyderabad-based Aurobindo Pharma on Tuesday announced that its net profit for the quarter ended June 30 had zoomed 86 per cent to Rs 9.01 crore from Rs 4.83 crore over the previous accounting period. According to the unaudited results, turnover was up by 69 per cent at Rs 103.85 crore against Rs 61.49 crore in the corresponding period. The company's performance is likely to improve further once the production capacity of its semi-synthetic penicillin drug increases from 120 mt to 140 mt per month. The launch of cephalosporins in the second quarter is expected to improve prospects.

Shri Shakti LPG net up:Shri Shakti LPG has registered a net profit of Rs 1.54 crore for the quarter ended June 30, 1998,against Rs 36.12 lakh in the previous corresponding period. Net sales stood at Rs 15.11 crore compared with Rs 14.27 crore in the previous quarter. While the interest pay-out was at Rs 1.84 crore, for the quarter under review, it has created a provision of Rs1.82 crore towards depreciation. Its reserves have shot up to Rs 1.89 crore.

BOC Q1 net at Rs 20 lakh: BOC India has reported a net profit of Rs 20 lakh on net sales of Rs 50.8 crore in the quarter to June 30, 1998, against Rs 20 lakh and Rs 61.5 crore in the corresponding period of 1997-98. Other income has more than doubled to Rs 1.6 crore while interest cost has come down to Rs 2.1 crore from Rs 3.2 crore in the previous quarter.

Berger Paints net jumps 40% to Rs 5 crore:Berger Paints has posted a 35.9 per cent growth in net profit to Rs 4.97 crore for the first quarter of 1998-99, against Rs 3.65 crore in the corresponding period of 1997-98. Profit before tax increased by 15.85 per cent to Rs 6.21 crore, compared with Rs 5.36 crore.Net sales stood at Rs 80.79 crore, which was 13.39 per cent higher than the Rs 71.28 crore reported in the same period last year.

Cyanamid Agro board recommendation:The Cyanamid Agro board has recommended a dividend of Rs 3 per equity share of Rs 10 each and Rs 10 per preference share of Rs 100 each for 1997-98. Net sales for the year ended March 31, 1998, have crossed the Rs 100-crore mark with gross profit after interest and before depreciation exceeding Rs 13 crore. Net profit stood at Rs 8.14 crore. Cyanamid Agro, formerly the agrochemicals division of Cyanamid India, became an independent operating company from January 1, 1998.

Ispat turnover up 4 per cent in 1997-98:Ispat Industries Ltd, an ispat group company, has closed the financial year 1997-98 with a profit of Rs 55.17 crore. The company has recorded a 4 per cent growth in tunover to Rs 1,439.13 crore in 1997-98, against Rs 1,388.13 crore in the previous year.

S Kumar Synfabs net leaps 67% Rs 8 cr:S Kumar Synfabs hasreported a 67 per cent jump in net profit to Rs 8 crore for the quarter ended June 30, 1998. Sales rose 32 per cent from Rs 80 crore to Rs 105 crore. Total expenditure stood at Rs 90.42 crore, as compared with Rs 70.28 crore. Interest was at Rs 5.10 crore.