The net profit of Compudyne Winfosystems rose by 287.8 per cent to Rs 1.90 crore from Rs 0.49 crore in the corresponding period last year. The sales figure, too, increased by 296.9 per cent during the same period.

The total net sales of these 116 companies rose by 13.4 per cent to Rs 17,771 crore (Rs 15,665 crore in October-December, 1999) in October-December, 2000. Operating profit increased by 21 per cent from 4,290 crore to Rs 5,191 crore. Gross profit also rose by 24.6 per cent to Rs 3,699 crore (Rs 2,969 crore). This has happened probably due to the significant increases in gross profit of Chowgule Steamships (179.2 per cent), KPIT Systems (464.7 per cent), Tamil Nadu Newsprint (148.4 per cent) and Television Eighteen India (114 per cent).

The profit before tax (PBT) increased by 12.1 per cent to Rs 2,418 crore (Rs 2,156 crore). Nineteen companies have recorded an increase of 100 per cent and more. Significant among them are Kudremukh Iron Ore (234.6 per cent), Mac Charles (402.2 per cent), Melstar Information Techno (137.4 per cent), Narmada Chematur Petro (215 per cent), Poly Medicure (680 per cent), Sierra Optima (105.8 per cent), Tanfac Industries (231.8 per cent), Walchandnagar Industries (854.8 per cent) and Wipro (125.6 per cent). However, 32 companies have recorded a lower PBT.

At the profit after tax (PAT) level, 18 companies have reported an increase of more than 100 per cent, with Rydak Enterprises recording an increase of 700 per cent. As many as 31 companies recorded a lower net profit. Significant losses made by the companies during the third quarter are Godrej Foods (Rs 10.01 crore), Hughes Tele.Com (Rs 11.91 crore) and Ispat Alloys (Rs 11.55 crore).

The PAT to sales ratio of these 116 companies rose from 11.06 per cent in October-December, 1999 to 11.32 per cent in October-December, 2000. A significant increase in the ratio can be seen in the case of Boston Education (4.52 per cent to 9.02 per cent), Federal Bank (2.84 per cent to 6.24 per cent), Hind Zinc (4.04 per cent to 16.39 per cent), KPIT Systems (0.46 per cent to 11.8 per cent), Kudremukh Iron Ore (4.81 per cent to 10.69 per cent), Pritish Nandy Communications (32.96 per cent to 58.02 per cent), Tamil Nadu Newsprint (0.91 per cent to 13.6 per cent) and Wipro (15.63 per cent to 24.4 per cent).

A downward trend can be seen in the case of Bajaj Auto (12.9 per cent to 3.17 per cent), Mastek (27.2 per cent to 13.4 per cent), GG Dandekar Machine (22.87 per cent to 14.67 per cent), SP Capital Finance (53.4 per cent to 3.45 per cent).

The average earning per share (EPS) of these 116 companies increased by 9.1 per cent to Rs 1.50 in October-December 2000.

Aggregates
This week's additions of 116 companies with previous week's 48 companies' third quarter results also showed an increase in profits and sales. The total of 164 companies' sales increased by 17.5 per cent to Rs 21,517 crore from Rs 18,312 crore. Other Income of these companies increased by 5.4 per cent to Rs 617 crore (Rs 585 crore).

The operating profit registered a rise of 27.9 per cent to Rs 6,562 crore (Rs 5,131 crore). Gross profit also increased by 31.6 per cent to Rs 4,561 crore (Rs 3,466 crore). PBT and PAT showed a growth of 23 per cent and 26.7 per cent to Rs 3,095 crore (Rs 2,516 crore) and Rs 2,594 crore (Rs 2,047 crore) respectively.

The profit margin (PAT to sales) increased to 12.06 per cent (11.18 per cent) in October-December 2000. The average EPS of these 164 companies increased by 18.4 per cent to Rs 1.80 from Rs 1.52.