Financial Daily from THE HINDU group of publications
Friday, April 25, 2003
Markets (April 24)
BL 2501002.90 (-4.38)
BSE Sensex2937.33 (-10.10)
S&P CNX Nifty929.70 (-4.50)
Dollar (Buy/Sell)47.29/47.42
Gold Std (10 gm)5265 (-5)

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CORPORATE RESULTS

DIVERSIFIED


GMR Tech net up 48 pc
GMR Technologies and Industries Ltd, the Hyderabad-based multi business major in metallurgical, sugar and power belonging to the GMR group, has achieved a growth of 47.83 per cent in post-tax profit and 33.31 per cent in sales turnover for the ... More

PETROLEUM


Gujarat Gas net down 12%
GUJARAT Gas Company Ltd (GGCL) has posted a net profit of Rs 18.93 crore for the first quarter of 2003, which reflected a 11.6 per cent slide over Rs 21.42 crore that it had recorded in the corresponding period last year. Significantly, the drop ... More

PHARMACEUTICALS


Nicholas Piramal proposes Rs 10.5
NICHOLAS Piramal India Ltd has announced a net profit of Rs 39.63 crore for the fourth quarter ended March 31, 2003 compared to Rs 2.76 crore in the corresponding period last year. According to the company, the figures for the quarter as well ... More

TEXTILES


Raymond Q4 net at Rs 32 cr
RAYMOND Ltd has posted a net profit of Rs 32.44 crore for the quarter ended March 31, as compared to Rs 33.31 crore in the corresponding previous period. However, according to the company, the net profit in the fourth quarter in the previous ... More

PERSONAL PRODUCTS


P&G sales up 17 pc in Q1
The healthcare company, Procter & Gamble Hygiene and Health Care Ltd, has registered a 22 per cent rise in net profit at Rs 14.77 crore for the quarter ended March 31, 2003 compared to Rs 12.07 crore in the corresponding period of the previous ... More

AUTOMOBILE COMPONENTS


Sundaram Brake net up 23 pc
CHENNAI: Despite a higher turnover in the final quarter of last year, Sundaram Brake Linings Ltd was able to post only a lower net profit. However, the year's net was up 23 per cent. Turnover in the fourth quarter was Rs 25.50 crore ... More

SOFTWARE


Satyam revenue up 14.7 pc; earnings flat — Writes off Rs 152-cr investment
SATYAM Computer Services Ltd has recorded revenues of Rs538.4 crore from software services for the fourth quarter ended March 31, 2003. It posted a net profit of Rs 115.79 crore against Rs 115.15 crore in the corresponding period of the previous ... More

HCL Info Q3 net rises three-fold
According to Mr Ajai Chowdhry, Chairman and CEO, HCL Infosystems, robust sales of PCs, particularly to the Government sector, helped the company achieve good results. More


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