The Hindu Business Line : Friday, October 18, 2002

Marico net rises 19% as new products boost turnover
INCREASE in turnover from new products and total cost management are factors that have contributed to Marico Industries Ltd's growth in both topline as well as bottomline for the second quarter and the first half of 2002-03. Contribution of new ... More

PHARMACEUTICALS

Ranbaxy's US arm poised for next level of growth — RLL third-quarter net up 79 pc
PHARMA major Ranbaxy Laboratories Ltd's (RLL) US subsidiary stands poised to be propelled into the next phase of the company's growth strategy — one of the key indications that emerged from RLL's third quarter results issued here on ... More

Overseas sales help Ranbaxy beat forecasts
A ROBUST performance in the US market helped Ranbaxy Laboratories better the stock market expectations about its financial performance in third quarter (July-September) of 2002. About four years after its first sales there, Ranbaxy's ... More

Morepen exports up 115 pc in H1
MOREPEN Laboratories Ltd has seen its generics exports grow by a robust 115 per cent in the first six months of this year, thanks largely to anti-histamine drug Loratadine, which goes off patent in the US in December this year. The company ... More

SOFTWARE

Hexaware's Q2 net profit at Rs 2.34 cr
HEXAWARE Ltd has reported a net profit of Rs 2.34 crore on a turnover of Rs 25.16 crore for the quarter ended September 2002. As the previous year's results include the pre-restructuring figures of the training division, it is not directly ... More

VisualSoft Q2 profit up 72 pc
VISUALSOFT Technologies Ltd, has recorded total revenues of Rs 30.92 crore with a net profit of Rs 8.07 crore for the quarter ended September 30, 2002 as against a total income of Rs 24.99 crore and a net profit of Rs 4.68 crore for the ... More

HOUSING FINANCE

HDFC moots 1:1 jubilee bonus; Q2 net up 21 pc
HDFC'S board of directors on Thursday recommended issuing bonus shares in the ratio of 1:1, partly with the intention of capitalising a part of the company's reserves and partly to commemorate the 25th year of its operations. Riding on the back ... More

PHOTOGRAPHIC & ALLIED PRODUCTS

Kodak India Q3 net up at Rs 5.59 crore
INCREASED sales, considerably lower advertising costs and higher other income have helped Kodak India's net profit for the quarter ended September 30, 2002, jump to Rs 5.59 crore over Rs 84 lakh in the quarter ended September 2001. Net sales also ... More

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