Financial Daily from THE HINDU group of publications
Tuesday, July 30, 2002
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Financial Daily from THE HINDU group of publications Tuesday, July 30, 2002 |
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CORPORATE RESULTS TELECOMMUNICATIONS VSNL net dips 28.5% in first quarter FALLING settlement rates, declining international long-distance tariffs and lower revenue shares continued to be a drag on VSNL's finances, with the company reporting a 28.5 per cent fall in net profit, and a 13 per cent fall in income for the ... More CEMENT Madras Cements net dips 71 pc to Rs 8.65 crore CHENNAI: Madras Cements' net profit has dropped by 71.3 per cent and net sales by 22.6 per cent for the first quarter of 2002-03 over the same period last year. Its profit after tax was Rs 8.65 crore on sales of Rs 161.72 crore against ... More ENGINEERING Triveni Engg back to black NEW DELHI: Triveni Engineering & Industries Ltd has reported a net profit of Rs 0.11 crore for the quarter ended June 30,2002 as against a loss of Rs 0.88 crore recorded in the same period in the previous year. Net sales stood at Rs 166.63 ... More FERTILISERS Mangalore Chemicals turnover, profit down MANGALORE: There has been a decrease in the income and net profit of Mangalore Chemicals and Fertilizers (MCF) during the first quarter of the current financial year compared to the corresponding period last year. According to a press ... More
Coromandel Fert posts lower net, turnover HOTELS Sharp drop in EIH net profit KOLKATA: EIH Ltd, a member of the Oberoi group, has recorded a steep drop in its net profit for the quarter ended June 30, 2002, to Rs 66 lakh from Rs 10.65 crore recorded in the corresponding of last financial year. Net sales have ... More PESTICIDES Rallis Q1 net declines 84 pc RALLIS India Ltd has reported an 84 per cent decline in its net profit at Rs 3.23 crore for the first quarter ended June 2002 as against Rs 20.36 crore in the year-ago period. Net sales dipped to Rs 188.17 crore from Rs 194.08 crore. Other ... More PHARMACEUTICALS Morepen Labs Q1 net up 10% MOREPEN Laboratories Ltd (MLL) has reported a 9.79 per cent increase in net profit for the first quarter ended June 30, 2002 to Rs 8.52 crore as against a net profit of Rs 7.76 crore recorded in the same period during the previous year. Net ... More
Orchid Chemicals nets Rs 2.90 cr profit
Ajanta Pharma Q1 net triples to Rs 21.14 lakh POWER BSES net falls 4.71 pc in Q1 POWER major BSES Ltd has reported a 4.71 per cent fall in net profit at Rs 84.69 crore for the first quarter of the financial year 2002-03 as against Rs 88.88 crore in the same period last year. Net sales from the sale of electricity stood at ... More STEEL Jindal Steel Q1 net up NEW DELHI: Jindal Steel & Power Ltd (JSPL) has reported a 23.59 per cent increase in net profit for the first quarter ended June 30, 2002 at Rs 31.59 crore as against a net profit of Rs 25.56 crore recorded in the same period during the ... More TYRES Apollo Tyres Q1 net zooms 137 pc AIDED by a 41.88 per cent drop in interest outgo, Apollo Tyres Ltd (ATL) has reported a 137.32 per cent increase in net profit for the quarter ended June 30, 2002 at Rs 21.62 crore as against a net profit of Rs 9.11 crore recorded in the same ... More
MRF scorches track with Rs 29.5-cr profit PERSONAL PRODUCTS Colgate's net higher despite lower sales COLGATE-PALMOLIVE (India) Ltd has reported a 19 per cent increase in net profit at Rs 18.8 crore for the first quarter ended June 2002 against Rs 15.8 crore in the year-ago period. Total revenue stood at Rs 268.8 crore compared to Rs 313.7 ... More HCV/LCV/TRACTORS M&M drives back into profit in Q1 MAHINDRA & Mahindra Ltd (M&M) has returned to profitability in the first quarter of 2002-2003 with a net profit of Rs 7.8 crore, after reporting a net loss of Rs 29.62 crore in the last quarter of the previous fiscal. "This profit performance ... More TWO/THREE WHEELERS TVS Motor net races ahead to Rs 26.8 cr TVS Motor Company has reported a net profit of Rs 26.78 crore for the first quarter of the current year, two-and-a-half times higher than the Rs 10.76-crore achieved in the same period last year. This was possible because of topline growth, as ... More AIR-CONDITIONERS & REFRIGERATORS Blue Star to pay 65 pc BLUE Star Ltd has reported a net profit of Rs 2.35 crore in the first quarter ended June 30, 2002, as against Rs 2.03 crore recorded in the previous corresponding period, a growth of 16 per cent. The board has declared a record dividend of 65 ... More REAL ESTATE & CONSTRUCTION Nagarjuna Construction turnover up 38 pc HYDERABAD: Nagarjuna Construction Company Ltd has posted a turnover of Rs 114.49 crore for the first quarter ended June 30, 2002, registering a growth of 38 per cent over the turnover of Rs 83 crore achieved in the corresponding quarter ... More
Madhucon Projects net up 19.7 pc SOFTWARE Polaris to launch BPO soon — Q1 net profit down at Rs 13.68 cr POLARIS Software Lab Ltd is entering the business process outsourcing (BPO) segment through Optimus, a 100 per cent subsidiary. Mr Harpal Dugal, who has joined Polaris from StanChart, will be the CEO of Optimus, and Mr Suren Khirwadkar, ... More
GTL Ltd net falls
Subex Q1 net at Rs 2.06 cr PRIVATE BANKS IndusInd Bank net rises 53.74 pc MUMBAI: The bank has posted a 53.74 per cent rise in net profit for first quarter ended June 30, 2002, at Rs 17.48 crore as against Rs 11.37 crore in the quarter ended June 30, 2001. Deposits rose to Rs 6,449.65 crore from Rs 5,307.93 ... More
Bank of Rajasthan Q1 net rises PUBLIC SECTOR BANKS Oriental Bank Q1 net up 20.4 pc MUMBAI: The QI net profit of Oriental Bank of Commerce (OBC) has reached Rs 102.74 crore, a 20.4 per cent increase over Rs 85.36 crore in the corresponding period in the previous year. The gross profits have gone by to Rs 198.24 crore, ... More
PNB net rises 20 per cent in first quarter Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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