Financial Daily from THE HINDU group of publications
Thursday, October 30, 2003
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Financial Daily from THE HINDU group of publications Thursday, October 30, 2003 |
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CORPORATE RESULTS DIVERSIFIED 
Focus to be on IT-backed rural distribution — ITC net up 12 pc at Rs 428 crITC Ltd, for the second quarter ended September 30, 2003, has recorded a 12.5-per cent growth in post-tax profit at Rs 428 crore against Rs 380.50 crore recorded for the same period in the last financial year. The PBT has also registered a ... More TELECOMMUNICATIONS MTNL income rises in Q2 MAHANAGAR Telephone Nigam Ltd (MTNL) posted an 8.10 per cent drop in net profit to Rs 227.01 crore for the second quarter ended September 30, 2003, compared with Rs 246.94 crore in the corresponding quarter in previous year. However, the ... More CHEMICALS Hind Lever Chem net dips on high input costs HIND Lever Chemicals Ltd has reported a drop in net profit at Rs 2.38 crore for the second quarter ended September 2003 against a net profit of Rs 7.4 crore in the year-ago period. This is possibly because margins were under pressure on account ... More CONSUMER ELECTRONICS Videocon net up VIDEOCON International Ltd has reported a net profit of Rs 39.55 crore for the second quarter of 2003-04 against Rs 38.54 crore in the year-ago period. Sales stood at Rs 906.37 crore (Rs 858.48 crore). For the first half period, net profit was ... More ELECTRONICS BEL net up 70 pc in H1 BEL has posted a 70.5 per cent increase in its net unaudited profit for the half-year ended September 2003.It registered a net profit of Rs 124.75 crore compared to Rs 73.13 crore during the corresponding period of last fiscal. The total first ... More ENGINEERING BHEL net down 5%, sales up 20% BHARAT Heavy Electricals Limited (BHEL) has recorded a net profit of Rs 102.9 crore on a net sales of Rs 1721.7 crore for the second quarter of the current fiscal ended September 30, 2003. For the corresponding period last year, the company ... More
Carborundum's Q2 net marginally down PHARMACEUTICALS Exports perk up Ajanta Pharma net AJANTA Pharma Ltd has reported a nearly 80 per cent increase in its net profit during the second quarter of the current fiscal, as compared to the corresponding period of last fiscal, primarily due to increased exports. The company notched up a ... More STEEL Mahindra Ugine returns to black in second quarter MAHINDRA Ugine Steel Company Ltd (Musco) has returned to the black with a net profit of Rs 93 lakh for the second quarter ended September 2003. This is against the net loss of Rs 3.12 crore in the year-ago period. Net sales were Rs 100.99 ... More TEXTILES Lakshmi Mills net sales fall 23 pc in Q2 BAD market conditions in the first quarter continued through the second quarter too for Lakshmi Mills Company. For the quarter ended September 30, 2003, net sales fell by 23 per cent at Rs 35.07 crore against Rs 45.50 crore in the previous ... More
Century Textiles slips into red
Bombay Dyeing income increases TYRES Apollo Tyres net declines 37 pc RISING input costs continue to exert pressure on the profit margins of Apollo Tyres Ltd, which has reported a 36.82 per cent decline in net profit for the quarter ended September 30, 2003 at Rs 17.28 crore. It had registered a net profit of Rs ... More
Dearer inputs bring Ceat Q2 net down 58% AUTOMOBILE COMPONENTS 
Sundram Fasteners Q2 net up 40 pcSUNDRAM Fasteners has reported a 40 per cent growth in net profit at Rs 15.15 crore for the July-September period of the current year, compared to Rs 10.82 crore in the corresponding period last year. Turnover increased to Rs 135.94 crore, up ... More HCV/LCV/TRACTORS 
Tata Motors Q2 net up 251 pcTATA Motors Ltd has reported a 251.49 per cent rise in PAT for the second quarter ended September 30, 2003, to Rs 206.68 crore, against the previous corresponding Rs 58.80 crore. Net sales/income from operations was up 46.22 per cent at Rs ... More FOODS & FOOD PROCESSING Heritage Foods turnover, net up HERITAGE Foods (India) Ltd has posted a sales income of Rs 59.50 crore, other income of Rs 16.22 lakh and a net profit of Rs 3.74 crore for the quarter ended September 2003. Its turnover as well as net profit has increased when compared to a ... More REAL ESTATE & CONSTRUCTION Nagarjuna Construction turnover, net higher NAGARJUNA Construction Company Ltd (NCCL) has achieved a turnover of Rs 150 crore and a net profit of Rs 6.38 crore for the quarter ended September 30, 2003. The turnover increased by 46 per cent and the net profit rose by 59 per cent, ... More HARDWARE HCL Info Q1 net rises 10-fold HCL Infosystems, personal computer maker, today said its net profit for the first quarter surged 10-fold to Rs 32.4 crore while consolidated revenues nearly doubled to Rs 856.1 crore over the same period a year ago. During the quarter ended ... More
CAS delay causes hiccups for TVS-E SOFTWARE Intelligroup Q3 revenue up 16 pc A THOUSAND apologies... .In advance to our competitors for parting with 1000 of their best IT professionals." Thus reads a rather aggressive media advertisement from Intelligroup in India attempting to attract best techies laterally in the ... More BIO-TECH & GENETICS Krebs Bio Q2 net down DESPITE a significant increase in turnover for the second quarter of current fiscal ended September 30, Krebs Biochemicals Ltd (KBL) has suffered a fall in net profit. As per the unaudited financial results taken on record by the KBL board on ... More PRIVATE BANKS Thrust on recoveries helps GTB GLOBAL Trust Bank (GTB) turned corner during the second quarter of current fiscal ended September 30, 2003 by recovering Rs 59 crore from critical NPA and written off accounts. It posted a net profit of Rs 5.58 crore for the quarter, a growth ... More
Dhanalakshmi Bank H1 net rises 24 pc PUBLIC SECTOR BANKS 
BoI Q2 net up 17 per centBANK of India has recorded a 16.62 per cent growth in net profit for the second quarter ended September 30, 2003, at Rs 226.76 crore, from Rs 194 crore in the corresponding period, the previous year. Total income grew to Rs 1,894.93 crore in ... More
Oriental is `Zero-NPA' bank
FINANCIAL INSTITUTIONS IDBI net up 9 pc in second quarter LESSER provisioning for bad debts and significant saving in interest cost has helped Industrial Development Bank of India show a nine per cent rise in net profit for the second quarter of fiscal year 2003-04 even as total income in that period ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus The Cable tangle Telecom Competition Oil PSUs: Disinvestment dilemma In Depth Swati CA In Kashmir Simple Economics Slowburn Tax Talk NRIs & Investment Avenues Corporate Governance Iraq Diary Looking back Oct. 19-Oct. 25 Nicholas Piramal net rises 82.4 pc in Q2 Digital Q2 net up 49 pc — Plans rapid ramp-up of digital contact centre biz ACC net climbs to Rs 27.88 cr Hindalco net rises 18 pc; sales up 22 pc Grasim net zooms 58% to Rs 202 crore |
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