FE Research Bureau: In the sector-wise analysis, we have considered 97 sectors, consisting 1,550 companies' third quarterly results. Significant growth in net profit was observed in the case of carbon black, mining, oil drilling, other chemical products, shipping and telecommunications.The net profit figure of telecommunications sector (comprising 13 companies) increased by 903.3 per cent to Rs 157.43 crore during October-December 2000 from Rs 15.69 crore during October-December 1999. The net sales figure of the group also increased to Rs 724.50 crore during October-December 2000. In the case of shipping, the total net profit figure of eight companies rose by 486.9 per cent to Rs 201.78 crore from Rs 201.78 crore. The sales figure of this group also increased by 26.9 per cent during the same period.
Among the 97 sectors, significant growth in net sales during October-December 2000 was observed in the case of computer education (63.1 per cent), computer software (70.4 per cent), domestic appliances (71.2 per cent), electricity (68.4 per cent), information technology (63 per cent), readymade garments (88 per cent) and telecommunications (84 per cent). A significant drop in sales was observed in the case of heavy vehicles (29 per cent) followed by casting Grey iron/steel alloys (22.7 per cent) and decorative & laminations (18.6 per cent).
In the case of other income, the highest growth was observed in the case of heavy vehicles (314.1 per cent) followed by computer education (297.8 per cent). Forty sectors showed a decline in other income. Mention may be made of cables-telephone/powers, electrical goods, fasteners, mining, moulded luggage, oil drilling, steel mini, tea and transmission line tower.Forty-one industrial groups registered a decline in operating profit.
Significant among them are bearings (74.4 per cent), electrical goods (79.9 per cent), food processing (76.9 per cent) and trading (64.4 per cent).
There are three industries which more than doubled their operating profit during the third quarter. They are carbon black, construction and telecommunications.
In gross profit, nine industries witnessed an increase of 100 per cent or more during the quarter October-December 2000. Mention may be made of alkalies & chemicals, carbon black, glass, industrial gases, paper & products and telecommunications. However, 41 companies have recorded a lower gross profit during October-December 2000.
There are nine industries which more than doubled their profit before tax (PBT) during the third quarter. Mention may be made of oil drilling (219.4 per cent), shipping (451.4 per cent), steel tubes & pipes (237.6 per cent) and telecommunications (657.1 per cent). However, 31 industries have recorded a lower PBT during October-December 2000.
In the case of profit after tax (PAT), significant loss made by the industries are bearings (Rs 19.93 crore), casting grey iron & steel alloys (Rs 16.47 crore), cement & products (Rs 55.80 crore), cotton textiles (Rs 76.93 crore), dyes & dyes intermediates (Rs 10.60 crore), electrical goods (Rs 28.56 crore), four wheelers (Rs 147.58 crore), heavy vehicles (Rs 127.51 crore), man made fibres (Rs 34.18 crore), sponge iron/pig iron (Rs 21.01 crore), steel HR/CR/GP/CG (Rs 119.99 crore) and textile texturising (Rs 15.03 crore).
As many as 31 industries recorded lower net profit during October-December 2000. Significant among them are chemical fertilisers (59.3 per cent), coffee (69.6 per cent), decorative & lamination (70.6 per cent), electronics others (70.2 per cent), moulded luggage (59.2 per cent), sugars (62.7 per cent), textiles machinery (86.3 per cent) and tyres & tubes (78.2 per cent).
On the other hand, 10 companies witnessed an increase of 100 per cent or more.
Among the 97 sectors, the top five in respect of PAT to sales ratio during October-December 2000 were aluminium & products (25.66 per cent), computer software (23.62 per cent), telecommunications (21.73 per cent), information technology (21.39 percent) and computer educations (20.92 per cent).
PAT formed less than 1 per cent of sales in the case of chemical fertilisers (0.67 per cent), chemical inorganics (0.64 per cent), glass (0.98 per cent), industrial gases (0.14 per cent), lubricants (0.56 per cent), refractories (0.98 per cent), sugars (0.36 per cent), textiles machinery (0.58 per cent) and tyres & tubes (0.72 per cent).
A significant increase in the ratio during was recorded by carbon black (2.87 per cent to 19.49 per cent), mining (5.38 per cent to 10.46 per cent), oil drilling (4.6 per cent to 13.18 per cent), other chemical products (3.55 per cent to 9.42 per cent), shipping (3.32 per cent to 15.37 per cent) and telecommunications (3.98 per cent to 21.73 per cent).
An opposite trend can be observed in the case of coffee (7.14 per cent to 2.04 per cent), decorative & laminations (21.36 per cent to 7.73 per cent), electronics others (9.64 per cent to 3.11 per cent), pumps & compressors (8.41 per cent to 3.94 per cent), tea (13.47 per cent to 7.75 per cent), textiles machinery (4.66 per cent to 0.58 per cent) and tyres & tubes (3.29 per cent to 0.72 per cent).
The highest EPS was observed in the case of computer education (Rs 8.74) followed by carbon black (Rs 8.55) and tobacco (Rs 8.31). The highest growth in EPS was noticed in the case of carbon black (644.5 per cent) followed by shipping (486.9 per cent)and telecommunications (425.6 per cent).
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