![]() Financial Daily from THE HINDU group of publications Wednesday, May 25, 2005 |
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Corporate Results
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Paints ICI India reports loss Our Bureau
NEW DELHI: ICI India has reported a 10.8-per cent increase in its total income in the quarter ended March 31, 2005, at Rs 188.18 crore over Rs 169.84 crore in the same quarter the previous year. The company's net profit in the quarter as well as the fiscal, however, dipped as ICI had divested its nitrocellulose and trading businesses. The company posted a net loss of Rs 1.02 crore in the fourth quarter, compared to a net profit of Rs 33.12 crore in the previous year period.
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