Financial Daily from THE HINDU group of publications
Tuesday, July 22, 2003
Markets (July 21)
BL 2501267.44 (-25.98)
BSE Sensex3569.58 (-78.00)
S&P CNX Nifty1115.80 (-24.20)
US Dollar (Buy/Sell)46.23 (46.36)
Gold Std (10 gm)5320 (+20)

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CORPORATE RESULTS

ELECTRONICS


Siemens Q3 net up 28 pc; to pay Rs 3.50 interim
SIEMENS Ltd has posted a 28 per cent rise in net profit at Rs 15.53 crore for the third quarter ended June 30, 2003 as against Rs 12.11 crore in the corresponding period last year. The board of directors of the company declared an interim ... More

HCV/LCV/TRACTORS


Tata Engg Q1 net jumps to Rs 100 cr — To be renamed as Tata Motors
IN line with names almost generic to the automobile sector worldwide, Tata Engineering and Locomotive Company Ltd will be renamed Tata Motors Ltd, according to a resolution to that effect approved by shareholders at the company's AGM here ... More

SOFTWARE


Digital Q1 net rises 9 pc
DIGITAL GlobalSoft Ltd, a subsidiary of Hewlett-Packard (HP), on Monday reported a 9.4 per cent growth in its quarterly net profits, while income increased by 38 per cent from a year ago. Net profit for the quarter ended June 30 stood at Rs ... More

SILK


Himatsingka Seide Q1 net up 34 pc
SILK furnishings exporter Himatsingka Seide Ltd said on Monday its net profits increased by 34 per cent to Rs 11.34 crore for the quarter ended June 30, 2003, from the corresponding period previous year. The total revenues for the quarter ... More

WATCHES & ACCESSORIES


Titan cuts losses, income up 29 pc
TITAN Industries has pared its losses for the quarter-ending June 30 while its income grew by 29 per cent over the corresponding quarter in the previous year. Titan reported a net loss of Rs 7.51 crore on an income of Rs 146.77 crore during ... More

PRIVATE BANKS


IDBI Bank Q1 net doubles to Rs 22.4 cr
IDBI Bank has registered an over 100 per cent jump in net profit for the quarter ended June 30, 2003 at Rs 22.4 crore, up from Rs 11.1 crore in the corresponding period in the previous year. An increase in net interest income and fee income led ... More

PUBLIC SECTOR BANKS


Union Bank net jumps 36 pc
UNION Bank of India registered an over 36 per cent jump in net profit for the first quarter ended June 30, at Rs 155.88 crore, up from Rs 113.91 crore in the corresponding period of the previous year. Total income inched up to Rs 1,277.66 ... More

UCO Bank Q1 net rises 86 pc
UCO Bank's net profit in the first quarter of the current fiscal jumped by 86 per cent to Rs 136 crore from Rs 73 crore in the same period of the previous year, according to a release. During the period, the bank added Rs 238 crore to its ... More


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Looking back
Jul. 13-Jul. 19
Hughes Soft Q1 net rises 245 pc

IOB net up 90 pc in Q1 — AGM okays fresh issue of shares


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