The Hindu Business Line : Thursday, May 01, 2003

Finolex Cables' sales down; nets Rs 24.72 cr
PUNE-based Finolex Cables Ltd, has registered a net profit of Rs 24.72 crore on a turnover of Rs 497.78 crore for the financial year ended March 2003. An official release said that exports had increased by 82 per cent during the year 2002-03 as ... More

MTNL net dips 31 pc at Rs 897.5 crore
MAHANAGAR Telephone Nigam Ltd (MTNL) has posted a 31 per cent decline in its net profits for fiscal 2002-03, at Rs 897.50 crore as against Rs 1,00.68 crore in the previous year. According to an official statement from the company, as per the ... More

HFCL net dips 42 pc
The company has posted a net profit of Rs 24.09 crore for the year 2002-03, a decline of 42 per cent from Rs 41.58 crore in the previous year. Total Income has decreased from Rs 9,07 crore to Rs 8,49.08 crore. For the fourth quarter, the ... More

ENGINEERING

Alfa Laval net at Rs 15.09 cr

PETROCHEMICALS

Andhra Petrochem back in black
HYDERABAD: With the turnover up by nearly 84 per cent, Andhra Petrochemicals Ltd (APL) has recorded a net profit for the fiscal year ended March 31, 2003 as against losses suffered in the previous year. According to the unaudited ... More

PHARMACEUTICALS

New products boost Cadila net profit
MUMBAI: Cadilla Healthcare Ltd (Zydus Cadila) has registered a rise in net profit at Rs 15.05 crore for the quarter ended March 31, 2003 as against Rs 11.85 crore in the corresponding period last year. The company attributes the growth ... More

STEEL

Essar Steel prunes losses

TYRES

Ceat reports 8-fold rise in net profit
CEAT Ltd has ended the year with a 667 per cent increase in net profit at Rs 18.41 crore against Rs 2.40 crore in the earlier year. Turnover rose to Rs 1,515.81 crore from Rs 1,384.77 crore in the previous year. The company said it has been ... More

HOME APPLIANCES

Whirlpool posts net loss of Rs 2.2 crore
WHIRLPOOL of India Ltd has registered a net loss of Rs 2.2 crore for the quarter ended March 31, 2003 compared to a net profit of Rs 0.64 crore for same period last year. A company source said, "This is mainly due to the voluntary retirement ... More

SOFTWARE

Infotech Enterprises Q4 net down
INFOTECH Enterprises Ltd has recorded total income of Rs 32.41 crore and net profit of Rs 7.01 crore for the quarter ended March 31, 2003 against total income of Rs 27.75 crore and net profit of Rs 7.82 crore for the corresponding quarter last ... More

IT TRAINING

Aptech gains from cost-cutting
APTECH Ltd has reported a 41.31-per cent increase in income from operations at Rs 33.83 crore for the quarter ended March 2003 from Rs 23.94 crore during the same period last year. The company posted a gross operating profit after interest but ... More

SSI trims clients; posts Q3 loss
SSI Ltd has reported a net loss of Rs 1.31 crore on revenues of Rs 20.16 crore for the third quarter ended March 31, 2003 as against a net profit of Rs 4.06 crore on revenues of Rs 48.18 crore for the corresponding period last year. The company ... More

DAIRY & DAIRY PRODUCTS

Nestle posts 21.6 pc rise in Q1 net
NESTLE India has clocked growth in both sales and profit for the first quarter ended March 31, 2003. Sales grew 12.8 per cent at Rs 598.1 crore, while net profit was up 21.6 per cent at Rs 74.7 crore. Domestic sales increased by 15 per ... More

PAINTS

Goodlas Neroloc net up 45.6 pc

CREDIT RATING

Crisil Q4 net up 193 pc
CRISIL has announced a 193-per cent increase net profit after tax, at Rs 5.13 crore for the quarter ended March 31, 2003. The company had recorded a net profit of Rs 1.75 crore recorded during the corresponding period of the previous year. Total ... More

PUBLIC SECTOR BANKS

BoI net up 69 pc on interest income
BANK of India has recorded a 21.4 per cent growth in net profit at Rs 283 crore for the fourth quarter ended March 31,2003, as against Rs 90 crore in the corresponding period the previous year. During this period, total income went up to Rs ... More

Vijaya Bank net jumps 50 pc
STATE-OWNED Vijaya Bank reported its net profit for financial year 2002-03 jumped 50.2 per cent to Rs 196.56 crore from Rs 130.90 crore a year ago. Total business grew by 19.5 per cent in the last fiscal and stood at Rs 25,204 crore as on March ... More

BEARINGS, CASTINGS & FORGINGS

FACOR incurs net loss

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