CORPORATE RESULTS
TELECOMMUNICATIONS
Bharti posts Rs 619-cr net; revenues cross Rs 5,000 cr
BHARTI Tele-Ventures on Friday announced its first year of net profit riding a 64 per cent growth in revenues in 2003-04. The GSM provider has logged a net profit of Rs 619 crore in 2003-04 against a loss of Rs 134 crore during the previous ...
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CEMENT
Everest Ind board recommends 25 pc dividend
EVEREST Industries Ltd (EIL), an ACC subsidiary, has reported a net profit of Rs 59.57 crore for the year ended March 31. This includes a profit of Rs 51.77 crore arising from the sale of land. The company had reported a net profit of Rs 9.51 ...
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ELECTRONICS
Siemens Q2 profit up 17%
SIEMENS Ltd has reported a 17 per cent increase in its profit after tax of Rs 42 crore for the second quarter ended March 2004 compared to Rs 36 crore in the year-ago period. The company said its strategy to approach the customers as a single ...
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AUTOMOBILE COMPONENTS
Mico net up 115 %
AUTO parts maker Mico has posted a 115 per cent increase in net profit to Rs 112.37 crore during the first quarter of 2004 compared with the year-ago figures. Its total income grew 29 per cent to Rs 577.31 crore during the same period, a ...
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SOFTWARE
Ittiam Systems net at Rs 4.74 cr
ITTIAM Systems has closed the financial year ended March 31, 2004, with audited revenues of Rs 21.98 crore and a net profit of Rs 4.74 crore. The company also has a licensee base of more than 40 customers worldwide. "Ittiam has been profitable ...
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Aptech Q4 net rises 38 pc
THE Delhi-based IT education company Aptech Ltdon Friday announced a net profit of Rs 2.67 crore for the quarter ended March, an increase of 38 per cent over the same period a year ago. The company's total revenue showed a marginal increase at ...
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TOBACCO
VST to pay 60 per cent
VST Industries Ltd has declared a dividend of Rs 6 per equity share of Rs 10 each for 2003-04. The company has posted a sales turnover of Rs 680 crore and a net profit of Rs 29.12 crore during the year. The company has a paid-up equity share ...
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PUBLIC SECTOR BANKS
IOB turnover up 70 pc last fiscal
INDIAN Overseas Bank's turnover (deposits plus advances) for the year ended March 2004 has exceeded the Rs 62,000 crore mark, the bank's Chairman and Managing Director, Mr S.C. Gupta, told Business Line today. This is about 70 per cent ...
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