Financial Daily from THE HINDU group of publications
Wednesday, May 01, 2002
Markets (April 30)
BL 2501138.04 (+19.07)
BSE Sensex3338.16 (+36.95)
S&P CNX Nifty1084.50 (+10.30)
Dollar (Buy/Sell)48.91/49.04
Gold Std (10 gm)5170 (-10)

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CORPORATE RESULTS

CHEMICALS


Mangalore Chem PAT up 45 pc
BANGALORE: Mangalore Chemicals & Fertilizers Ltd (MCF) has reported fourth-quarter profit-before-tax of Rs 58 crore, up 45 per cent over the same period last year. As per the unaudited results, the total income for the year at Rs 613.51 ... More

FOOD & DAIRY PRODUCTS


Nestle net up 55 pc
NEW DELHI: Food major Nestle India has clocked a 17.4 per cent growth in its sales revenues at Rs 530 crore for the first-quarter ended March 31, 2002. And though domestic sales increased by 24.7 per cent, the company's exports dipped ... More

SHIPPING


GE Shipping upbeat despite dip in Q4 net
GREAT Eastern Shipping Company Ltd (GE Shipping) today reported a 17 per cent rise in net profit for 2001-2002 to Rs 207.51 crore from the previous year's Rs 177.41 crore. "This is the company's best result in the last 53 odd years,'' Mr Vijay ... More

TYRES


MRF net races ahead in Q2 to Rs 13.34 cr
MRF Ltd has posted a net profit of Rs 13.34 crore on sales of Rs 442.86 crore for the quarter ended March 31, 2002 compared to a net profit of Rs 4.28 crore on sales of Rs 429.88 crore for the corresponding quarter last year. For the six months ... More

BREWERIES


UB slips into the red with Rs 57.9-cr loss
BANGALORE: United Breweries Ltd posted a net loss of Rs 57.9 crore for the year ended March 31, 2002. The company reported a net profit of Rs 3.1 crore in the previous year. However, net sales during 2001-02 increased to Rs 369.29 crore ... More

McDowell net down
McDowell & Co Ltd's net profit dropped by 24.39 per cent for the financial year ended March 31, 2002. The company posted a net profit of Rs 16.93 crore compared to Rs 22.39 crore in 2000-01. The total income during 2001-02 increased to ... More

CIGARETTES


Godfrey Phillips net up 20%
NEW DELHI: Godfrey Phillips India Ltd (GPIL) has reported a 20.33 per cent increase in net profit for the fourth-quarter ended March 31, 2002 at Rs 15.45 crore as against a net profit of Rs 12.84 crore recorded in the same period the ... More

RADIO/TV


Television Eighteen nets Rs 3.4 cr profit
Television Eighteen India Ltd (TV18) has ended the year 2001-2002 with a 9.7 per cent increase in its net profit at Rs 3.49 crore as compared to Rs 3.18 crore in the previous year. Total income for the year rose to Rs 32.2 crore from Rs 21.32 ... More

HARDWARE


Moser Baer net up 60 pc at Rs 221 cr
MOSER Baer India Ltd (MBIL), the world's third largest maker of recordable CDs, DVDs and floppy disks, has announced a 60 per cent increase in its net profit for the year 2001-02 at Rs 221.30 crore as against Rs 138.5 crore in the previous ... More

TVS Electronics profit down 56 pc
CHENNAI: The city-based TVS Electronics Ltd has reported a 56 per cent drop in net profit to Rs 47 lakh for the quarter ended March 31, 2002, compared to Rs 1.08 crore during the same quarter last year. Net sales/income from ... More

SOFTWARE


DSQ Soft reports net loss of Rs 21.78 cr
DSQ Software Ltd has reported a net loss of Rs 21.78 crore for the quarter ended March 31, 2002, as against a net profit of Rs 28.61 crore during the same quarter previous year. The company reported a net loss of Rs 17.93 crore in the previous ... More

READYMADE GARMENTS


Arvind posts Rs 10-cr net; interest cost down 60 pc
ARVIND Mills Ltd (AML) has posted a net profit of Rs 10.05 crore for the quarter ended March 31, 2002 (the company has extended its fiscal to 18 months). This is against a net loss of Rs 96.29 crore last year. After having successfully ... More

PRIVATE BANKS


South Indian Bank net up 50 pc at Rs 62 cr
THE net profit of the Thrissur-based South Indian Bank has grown by 50.4 per cent to touch Rs 62.41 crore for 2001-02, as against Rs 41.50 crore recorded in the earlier year. Meanwhile, the gross profit has grown by 61.6 per cent to Rs 172.90 ... More

BROADBAND


Sterlite Optical net rises
MUMBAI: Sterlite Optical Technologies Ltd has announced a dividend of 80 per cent, at Rs 4 per share of Rs 5, for the year ended March 31, 2002. Net profit for the year stood at Rs 100.17 crore, while net profit, including those of its ... More

PERFORMANCE


Madhucon Projects net zooms 116 pc
HYDERABAD: Madhucon Projects Ltd achieved a turnover of Rs 200 crore for the year ended March, 2002 as against Rs 116.58 crore in the previous year, an increase of over 71 per cent. The company's net profit of Rs 10.14 crore during ... More
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Top Stories
Satyam to recruit more, foray into BPO


Industrial investment in AP up 12-fold in 2 years

Investments in 93 PSUs fully eroded by losses: CAG

Sugar mills see succour in `gasohol' policy

UTI redeems MIP '97 at Rs 10 per unit -- Shortfall made good from Reserve Fund

You bet, forex is the bigger asset!

ICICI Prudential unveils two new pension schemes

Oil cos may go in for staggered price hike

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Apr. 21-Apr. 27
HCL Tech Q3 net up 2 pc -- Other income doubles to Rs 41.3 cr

Reliance Q4 net dips 11.5% to Rs 672 cr

Satyam Q4 net up 3.42% -- Co sees 18-20 pc growth this fiscal

Digital GlobalSoft net up 71 pc at Rs 93 cr -- Declares 35 pc dividend


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