CORPORATE RESULTS
PETROLEUM
Reliance profit tops $1-billion mark
DRIVEN by higher margins in its refining and petrochemicals businesses, Reliance Industries Ltd today became the first private sector Indian company to report annual earnings of more than a billion dollars. The oil ...
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Kochi Refineries Q4 net falls 28 pc
KOCHI Refineries Ltd (KRL) on Thursday said its net profit in the fourth quarter ended March fell by 28 per cent to Rs 210.4 crore, compared with Rs 290.6 crore for the same period in the previous fiscal. Sales rose to Rs 3,038 crore ( Rs 2,794.8 ...
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POWER
CESC net profit at Rs 70 cr
KOLKATA: CESC Ltd has recorded a net profit of Rs 70 crore in its operations during the year ended March 31, 2004. In 2002-03, the net profit stood lower at Rs 7 crore. The board of directors met here on Thursday and took on record the ...
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TEXTILES
Indian Rayon net up 24.7 pc
BETTER employment of funds and lower interest rates helped Indian Rayon notch an improved performance over last year. For the year ended March 31, 2004, net profit rose 24.76 per cent to Rs 131.3 crore over Rs 105.3 crore in the year ago ...
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Arvind net down at Rs 25.16 cr
MUMBAI: High cotton prices, an appreciating rupee and a marginal drop in sales of denim fabrics have impacted the performance of Arvind Mills Ltd. Net profit for the quarter ended March 31, 2004, was Rs 25.16 crore over Rs 38.01 crore ...
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Rajasthan Spin net at Rs 18.45 cr
NEW DELHI: Rajasthan Spinning & Weaving Mills Ltd (RSWM), a LNJ Bhilwara Group company, has reported a net profit of Rs 18.45 crore on sales of Rs 671.55 crore for the year ended March 31,2004. The company had recorded a net profit of Rs ...
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TYRES
MRF Q2 net down at Rs 13.19 cr
CHENNAI: MRF Ltd has reported a net profit of Rs 13.19 crore for the second quarter ended March 31, 2004 , compared to Rs 17.45 crore in the corresponding quarter of last year. In fact, the company had made a net profit of Rs 68.25 crore ...
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PERSONAL PRODUCTS
Hind Lever PAT takes a 21% dip in Q1
COMPETITIVE pressures appear to have finally caught up with Hindustan Lever Ltd (HLL) as the FMCG major ended the first quarter of 2004 with a 21 per cent decline in profit after tax at Rs 302.91 crore (Rs 382.92 crore). If an exceptional item ...
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Gillette India net up 140 pc
NEW DELHI: Gillette India Ltd (GIL) has reported a net profit of Rs 19.68 crore for the quarter ended March 31, 2004, up by 140.88 per cent against Rs 8.17 crore during the same period in the previous year. A statement issued by the ...
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RADIO/TV
Pritish Nandy Comm net up 79 pc
MUMBAI: Pritish Nandy Communication Ltd has ended the year with a 79 per cent increase in net profit at Rs 2.93 crore against Rs 1.63 crore in the previous year. Income from operations was down at Rs 30.95 crore (Rs 40.22 crore). The ...
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AUTOMOBILE COMPONENTS
IMPAL Q4 net rises 64 pc
CHENNAI: India Motor Parts & Accessories has reported a 64 per cent increase in its net profit for the fourth quarter of 2003-04. Net profit increased to Rs 2.15 crore from Rs 1.31 crore in the same quarter of the previous year. Net ...
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HCV/LCV/TRACTORS
Eicher Motors net up 100 pc in Q4
EICHER Motors today announced a 100 per cent rise in net profit in the fourth quarter of the last fiscal at Rs 19.51 crore from Rs 9.75 crore in the same period in the previous year. Gross sales during the quarter grew by 55.7 per cent to Rs ...
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FOODS & FOOD PROCESSING
Satnam Overseas PAT up 49 pc
NEW DELHI: Satnam Overseas Ltd has reported a 49 per cent increase in its profit after tax for fiscal 2003-04 to Rs 14.1 crore as against Rs 9.49 crore recorded during 2002-03. Total revenue during the year stood at Rs 532 crore as against ...
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PRIVATE BANKS
UTI Bank net rises 44 pc; to pay 25 pc
WITH lower cost of funds and increased margins, UTI Bank has posted a 43.9 per cent jump in net profit to Rs 87.09 crore for the fourth quarter ended March 31, 2004, up from Rs 60.53 crore in the corresponding period of the previous year. For the ...
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PUBLIC SECTOR BANKS
Andhra Bank Q4 net down on higher provisioning
HIGHER provisioning in the fourth quarter of the financial year ended March 31 has led Andhra Bank to record a lower net profit during this period at Rs 114.30 crore as against a net profit of Rs 140.59 crore in the corresponding quarter in the ...
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FINANCIAL INSTITUTIONS
IDBI provides for Dabhol; earns Rs 102-cr net in Q4
DESPITE making provisions for its exposure to the Dabhol Power Project, IDBI has managed to register a net profit of Rs 102 crore for the fourth quarter ended March 2004, down from Rs 209 crore in the year ago period.. Net profit for the full ...
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