Financial Daily from THE HINDU group of publications
Tuesday, July 23, 2002
Markets (July 22)
BL 2501097.86 (-25.28)
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Dollar (Buy/Sell)48.65/48.78
Gold Std (10 gm)5310

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CORPORATE RESULTS

PHARMACEUTICALS


German Remedies first-quarter net up at Rs 4.1 crore
GERMAN Remedies Ltd has recorded a net profit of Rs 4.1 crore in the first quarter ended June 30, 2002, up 0.98 per cent, as against Rs 4.06 crore recorded in the same period of the previous quarter. Net sales/income from operations rose to Rs ... More

PERSONAL PRODUCTS


HLL net falls 4 pc in Q2
HINDUSTAN Lever Ltd (HLL) today reported a 4.12 per cent decline in net profit at Rs 447.34 crore for its second quarter (Q2) ended June 30, 2002, as against the previous corresponding Rs 466.59 crore. However, when exceptional item of Rs 46.87 ... More

HLL: Incipient signs of revival?
THE second quarter of fiscal 2002 appears to have brought some colour back into Hindustan Lever's performance. True, net sales have continued to shrink, declining by 9.3 per cent in the second quarter (against 9.9 per cent in the first). ... More

Godrej Consumer Q1 net at Rs 12.77 cr
GODREJ Consumer Products Ltd (GCPL) has reported a 39 per cent increase in net profit at Rs 12.77 crore for the first quarter ended June 2002 against Rs 9.17 crore in the year-ago period. Sales stood at Rs 114.87 crore as compared to Rs 126.87 ... More

CARS


Boost for Maruti in audited results
MARUTI Udyog Ltd's (MUL) audited results differ with its previously announced unaudited results largely due to disputed excise duty payments, for which the company had made provisions in its unaudited accounts. Later, some of these claims were ... More

SOFTWARE


Infotech Enterprises Q1 net profit up
INFOTECH Enterprises Ltd has recorded a total income of Rs 29.60 crore and a net profit of Rs 6.32 crore for the quarter ended June 30, 2002 as against total income of Rs 21.12 crore and a net profit of Rs 3.84 crore for the corresponding quarter ... More

Kale Q1 net at Rs 12.3 lakh
KALE Consultants has turned around in the first quarter of 2002-03 and reported a net profit of Rs 12.3 lakh compared to net loss of Rs 86.7 lakh during the corresponding period last year. Net sales for the quarter were at Rs 11.25 crore as ... More

Pentamedia Graphics Q1 net down
PENTAMEDIA Graphics Ltd has reported a net profit of Rs 14.52 crore for the quarter ended June 30, 2002 as compared to Rs 41.74 crore for the quarter ended June 30, 2001. The company's turnover dropped to Rs 70.20 crore (Rs 158.09 crore), the ... More

PUBLIC SECTOR BANKS


Syndicate Bank Q1 net up at Rs 79.41 cr
SYNDICATE Bank has registered an increased net profit of Rs 79.41 crore for the first quarter of 2002-03 compared to Rs 73.80 crore during the corresponding period last year. According to a press release issued here, the bank's pre-tax profit ... More

State Bank of Travancore Q1 net up 49.3 pc
STATE Bank of Travancore has posted a net profit of Rs 34.10 crore for the quarter ending June 30 compared to the Rs 22.83 crore netted during the corresponding period last year. Announcing this, an SBT spokesman said this made for a 49.3 per ... More

BEARINGS, CASTINGS & FORGINGS


Bharat Forge profit up 354 pc
PUNE: The Pune-based Bharat Forge Ltd has recorded an increase of 354 per cent in PBT at Rs 18.29 crore while its exports have gone up by 120 per cent to touch Rs. 44.45 crore for the quarter ended June 2002. According to the unaudited ... More
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