Financial Daily from THE HINDU group of publications
Tuesday, October 14, 2003
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CONSUMER ELECTRONICS


Samtel Color Q2 net plummets to Rs 3.13 cr
SAMTEL Color, the largest manufacturer of colour picture tubes (CPT) in India, has posted a reduced net profit of Rs 3.13 crore in the quarter ended September 30 compared to the corresponding previous period's figure of Rs 6.06 crore. However, ... More

PETROCHEMICALS


IPCL net up 20% in Q2
HIGHER production volumes and exports led to a 20 per cent increase in Indian Petrochemicals Corporation Ltd's net profit for the second quarter ended September 30, 2003 at Rs 54 crore (Rs 45 crore). In the first two quarters of the current ... More

SOFTWARE


Mastek incurs Rs 92-lakh loss
MASTEK Ltd has reported a loss of Rs 92 lakh for the quarter ended September 30, 2003 as against a profit of Rs 10.2 crore recorded during the corresponding quarter of the previous year. Income from operations dipped to Rs 24.53 crore (Rs 34.16 ... More

Sonata to pay 20 pc interim
THE board of Sonata Software has declared an interim dividend of 20 paise on par value of Re 1 each (20 per cent) for the half-year ending September 30, 2003. The company has reported a net profit of Rs 2.66 crore in the second quarter of the ... More

HOUSING FINANCE


Falling rates take HDFC net up 22% — `No pressure on margins; upbeat on H2 outlook'
REDUCTION in interest costs, increased interest spreads and a robust growth in disbursals have helped Housing Finance Development Corporation (HDFC) notch up a 21.59 per cent rise in net profit for the quarter ended September 30, 2003. Net ... More

PUBLIC SECTOR BANKS


Indian Bank H1 profit at Rs 256 cr
INDIAN Bank earned an operating profit of Rs 256 crore in the half year ended September 2003, compared to Rs 192 crore in the same period of 2002, according to a press release from the bank. During the period, deposits grew by Rs 477 crore, ... More
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