The Hindu Business Line : Tuesday, June 24, 2003

ONGC net up 70% on dismantling of APM
RIDING on the back of deregulation in crude oil prices, Oil and Natural Gas Corporation (ONGC) has recorded a net profit of Rs 10,529.33 crore on a revenue of Rs 34,536.4 crore during fiscal 2002-03, reflecting a 53.4 per cent rise in revenues ... More

IOC net up 69 pc in Q4
INDIAN Oil Corporation (IOC) has recorded an income of Rs 35,347 crore and a net profit of Rs 2,199 crore for the fourth quarter ended March 31, 2003. This translates into a 24 per cent rise in income and a 69.4 per cent rise in net profit ... More

SOFTWARE

MRO-TEK net down 53 pc
NETWORKING and last mile access solutions provider, MRO-TEK Ltd has reported a 53 per cent fall in its net profits for 2002-03 from a year ago, while its net sales grew by 17 per cent. MRO-TEK's net profit stood at Rs 2.7 crore on net sales Rs ... More

PRIVATE BANKS

Kotak Mahindra Bank net down at Rs 73 crore
EXPENSES incurred for setting up as a bank coupled by losses incurred by its insurance subsidiary has led Kotak Mahindra Bank Ltd to record a lower net profit of Rs 73.31 crore, for the year ended March 31, 2003, as against Rs 84.08 crore in the ... More

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