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Tuesday, January 29, 2002

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Kesoram Industries posts 72 pc fall in Q3 net
THE B K Birla group flagship, Kesoram Industries Ltd, reported a decline of about 72 per cent in net profit in the third quarter of 2001-2002 compared to the corresponding period in 2000-2001 despite a marginal fall in net sales. Mr S. K. ... More

FERTILISERS


Indo Gulf Q3 net up 36 pc at Rs 88.2 cr
INDO Gulf Corporation Ltd (IGCL) has reported a 36.3 per cent increase in net profit at Rs 88.2 crore for the third quarter ended December 31, 2001 as compared to Rs 64.7 crore in the year-ago period. The company's copper business continues to ... More

PETROLEUM


CPCL's Q3 net at Rs 34.95 cr
CHENNAI Petroleum Corporation Ltd (CPCL) made a net profit of Rs 34.95 crore in the quarter ended December 2001, as against Rs 59.70 crore in the same quarter last year. The third quarter profits helped bring down the net loss for the first ... More

TEXTILES


Indian Rayon Q3 net falls 72%
INDIAN Rayon & Industries Ltd has reported a 72 per cent decline in net profit at Rs 3.6 crore for the October-December 2001 quarter. The decline has been attributed to a strike at the Veraval rayon plant and VRS payment at Rishra textile ... More

TYRES


Apollo Tyres posts 25 pc rise in Q3 sales
APOLLO Tyres Ltd has posted a 25 per cent rise in sales turnover at Rs 390.02 crore in the third quarter against the sales turnover of Rs 310.95 crore in the corresponding quarter last fiscal. The encouraging sales performance has boosted the ... More

PERSONAL PRODUCTS


Godrej Consumer net at Rs 12.3 cr
GODREJ Consumer Products Ltd (GCPL) has ended the third quarter with a net profit of Rs 12.30 crore. Focus on key brands, increased efficiencies of sales and distribution and better capital management have contributed to the growth in ... More

AUTOMOBILE COMPONENTS


Wage costs, VRS payments hit Sundram Fasteners net
AN incidence of VRS payments and an increase in wage costs due to an agreement with the workers have caused a dip in Sundram Fasteners' net profit for the nine-month period ended December 2001. The company's net declined 15.75 per cent to Rs ... More

Sundaram Brake Q3 net up 5.8 pc
SUNDARAM Brake Linings has reported a net profit of Rs 1.81 crore for the quarter ended December 2001, which is 5.8 per cent higher than Rs 1.71 crore, the company made in the same quarter last year. However, due to lower net profit made in the ... More

TWO/THREE WHEELERS


TVS Motor net skids 34 pc at Rs 10.68 cr
TVS Motor Co Ltd has recorded a 34 per cent drop in net profit and a 10 per cent increase in turnover in the quarter ended December 31, 2001 over the corresponding period last year. Its net profit was Rs 10.68 crore on a turnover of Rs 522.76 ... More

AIR-CONDITIONERS & REFRIGERATORS


Voltas PAT rises 33 pc at Rs 4 lakh
VOLTAS Ltd has ended the third quarter of 2001-2002 with a 33 per cent rise in profit after tax at Rs 4 lakh (Rs 3 lakh). Net sales were Rs 193.36 crore (Rs 200.31 crore). Other income was Rs 1.55 crore (Rs 2.64 crore). For the nine month ... More

REAL ESTATE & CONSTRUCTION


HCC Q4 net up 94%
HINDUSTAN Construction Company (HCC) has reported a 94 per cent growth in net profit for the quarter ended December 31, 2001 at Rs 4.67 crore, against a net profit Rs 2.41 crore in the previous corresponding quarter. Net sales grew by 23 per ... More

SOFTWARE


GTL net declines 63 pc in Q3
GTL Ltd (formerly Global Tele-Systems Ltd) has suffered a 63.38 per cent decline in net profit - at Rs 21.39 crore - for the third quarter ended December 31, as compared to the net profit of Rs 58.41 crore during the corresponding quarter of the ... More

Pentasoft posts lower net in Q3
THE city-based Pentasoft Technologies has reported a net profit of Rs 4.69 crore for the third quarter end December 31, 2001, about one-seventh of Rs 32.99 crore the company achieved during the same period of the previous year. Total sales for ... More

Subex posts lower net
BANGALORE: Subex Systems Ltd, the Bangalore-based telecom software company has registered a sequential growth of 19 per cent in net profits and 5.85 per cent in income for the quarter-ended December 31 over the previous quarter. The ... More

ICSA Q3 turnover up
HYDERABAD: ICSA (India) Ltd, the Hyderabad-based software solutions provider, has registered a growth in turnover and net profit for the third quarter of current fiscal ended December 31. According to the unaudited financial results, ... More

IT TRAINING


SSI net down 93 pc in Q2
SSI Ltd has recorded a 93 per cent drop in its net profit to Rs 1.73 crore for the second quarter ended December 31 as compared to Rs 25.06 crore in the corresponding period last fiscal. Turnover was Rs 66.07 crore (115.42 crore). Staff cost ... More

PAPER, BOARD & NEWSPRINT


BILT Q2 operating profit down
THE operating profit of Ballarpur Industries Ltd (BILT) for the half year ended December 2001, stood at Rs 153.34 crore against Rs 150.34 crore during the corresponding period last year. The operating profit for the quarter was Rs 76.76 crore ... More

NBFCS


Ashok Leyland Fin net up 65 pc
CHENNAI: Ashok Leyland Finance has reported a 65 per cent increase in net profit for the first nine months of the current year at Rs 26.07 crore, as against Rs 15.76 crore in the same period last year. This was made possible by the ... More

PUBLIC SECTOR BANKS


BoI Q3 net up 20.24 pc at Rs 155.16 crore
MUMBAI: Bank of India has reported a 20.24 per cent rise in net profit at Rs 155.16 crore for the third quarter ended December 31, 2001 as against Rs 129.04 crore in the corresponding quarter in the previous year. The Chairman and ... More
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Top Stories
APEDA specifications for quality control -- Rice exporters told to fall in line


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UTI writes off 50% of NPAs in monthly plans

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Develop bond market to cut forex risk: BIS

Rlys set to haul 490 mt freight

SSI net down 93 pc in Q2

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Jan. 20-Jan. 26
HLL ends year with 25 pc rise in net

Tata Engg prunes loss in third quarter

Tata Steel net down 73 pc at Rs 34.54 cr


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