The Hindu Business Line : Tuesday, May 13, 2003

EID Parry net drops 23 pc on drought, fertiliser policy
EID Parry Ltd has attributed the 23 per cent fall in net profit for the year 2002-03 to the "severe drought in our markets" and "the Government announcing a revised policy on subsidy to complex fertilisers with retrospective effect from April 1, ... More

SUGAR

Low sugar prices take toll on Balrampur — Net down 38 pc
SUGAR major, Balrampur Chini Mills Ltd, has registered a gross turnover of Rs 667.58 crore for the year ended March 31, 2002, marking a growth of 21.72 per cent over the previous year's turnover of Rs 548.95 crore. Net income from operations ... More

COKE & METALURGICAL COKE

Rain Calcining wipes out accumulated losses
RAIN Calcining Ltd (RCL), the Visakhapatnam-based Rs 333-crore calcined petroleum coke and power producer, has wiped off its entire accumulated losses with the help of the 140 per cent growth achieved in net profit for the fiscal year ended March ... More

PUBLIC SECTOR BANKS

Canara Bank net rises to Rs 1,019 cr
CANARA Bank has reported a net profit of Rs 1,019 crore for 2002-03, up 37.52 per cent from Rs 741 crore a year ago. The bank's board has proposed 35 per cent dividend for the year. Total business (deposits and advances) touched Rs 1,12,567 ... More

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