Financial Daily from THE HINDU group of publications
Thursday, August 01, 2002
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Financial Daily from THE HINDU group of publications Thursday, August 01, 2002 |
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CORPORATE RESULTS SOAPS & DETERGENTS Nirma net down at Rs 45.45 cr AHMEDABAD: Nirma Ltd has posted a net profit of Rs 45.45 crore on net sales of Rs 552.82 crore for the first quarter ended June 30, 2002. This reflects a slump in profitability as the soaps and detergent major had reported a net ... More TELECOMMUNICATIONS Bharti Tele Q1 loss up at Rs 67 cr BHARTI Tele-ventures, the telecom service arm of Bharti group, has announced that its net losses for the quarter ended June 2002 mounted by 143 per cent over the previous quarter to Rs 67.2 crore. Total revenues of the company during the ... More CHEMICALS Tata Chem net up 158 pc in Q1 HIGHER revenues and operational efficiencies helped Tata Chemicals Ltd drive its net profit up by 158 per cent to Rs 34.01 crore for the first quarter ended June 30, 2002 compared to Rs 13.19 crore during the corresponding quarter in the year-ago ... More ENGINEERING BHEL records Rs 48.91-cr loss NEW DELHI: Bharat Heavy Electrical Ltd has recorded a net loss of Rs 48.91 crore on a total income (net of excise duty) of Rs 900.48 crore for the first quarter of the current fiscal ended June 30. For the same period last year, the ... More
L&T reports 31.4 pc drop in Q1 net profit FOOD & DAIRY PRODUCTS Britannia net up at Rs 18.7 cr BANGALORE: Bakery major Britannia Industries Ltd's net profit for the April-June quarter of the current financial year has gone up to Rs 18.7 crore, up 15.4 per cent from Rs 16.2 crore in the same period the previous year. Its total ... More PETROCHEMICALS Reliance Q1 net up 16.5% RELIANCE Industries Ltd has reported a 16.5 per cent jump in net profits to Rs 720 crore for the first quarter ended June 30, 2002. For the corresponding period of the previous year, it had made a net profit of Rs 618 crore. Total sales, ... More PETROLEUM RPL profit up at Rs 480 cr RELIANCE Petroleum Ltd (RPL) has reported a five per cent increase in net profit for the first quarter ended June 30, 2002 to Rs 480 crore as against Rs 456 crore during the same period last year. Net sales for the quarter went up 6.86 per cent ... More
BPCL's other income doubles
IOC net up 12.7 pc in Q1 PHARMACEUTICALS Dr Reddy's Q1 net up 50% at Rs 80 cr DR Reddy's Laboratories Ltd, the Hyderabad-based pharmaceutical company, has registered a growth of 27.9 per cent in total income and 49.76 per cent in net profit for the first quarter of current fiscal year ended June 30, 2002. According to ... More
Aurobindo Pharma Q1 net up 34 pc
Glenmark Pharma PAT at Rs 3.04 cr POWER CESC pares losses KOLKATA: CESC Ltd, the power company in the RPG fold, has been able to pare its first-quarter losses from Rs 40 crore to Rs 13 crore mainly on account of the tariff award granted by the Calcutta High Court. While announcing the ... More STEEL SAIL pares losses in Q1; plans another price hike STEEL Authority of India Ltd (SAIL) is hopeful of paring its losses substantially during the current fiscal, even as it plans another price increase this month. Mr V.S. Jain, SAIL Director (Finance), who has been shortlisted as the next chief ... More
Bhilai Steel makes Rs 98-cr profit in Q1
Jindal Strips sales up 62 pc in Q1 TEXTILES Century Textiles profit dips MUMBAI: Lower cement prices affected the profit of Century Textiles and Industries Ltd which reported a 69.5 per cent drop in net profit at Rs 3.74 crore for the first quarter ended June 30, 2002 against Rs 12.27 crore in the same ... More
Arvind Mills notches profit in Q1
Raymond back in black; Q1 net at Rs 4.3 crore
Jindal Polyester net zooms 175 pc
Precot Mills turnover, net rises BREWERIES UB Beer sales up 18% BANGALORE:UB Beer Ltd has registered a growth of 18 per cent in sales and 11 per cent in earnings before interest, taxation, depreciation and amortisation (EBITDA) during the first quarter ended June 30. The company has reported a ... More PERSONAL PRODUCTS Gillette India nets Rs 4.29 cr profit in Q2 NEW DELHI: Gillette India has recorded a net profit of Rs 4.29 crore in the second quarter of fiscal 2002, as against a net loss of Rs 97 lakh in the corresponding quarter last year. Profit before tax stood at Rs 10.12 crore as ... More AUTOMOBILE COMPONENTS Sundram Fasteners Q1 profit up SUNDRAM Fasteners Ltd has reported a higher net profit of Rs 10.93 crore for the first quarter ended June 30, 2002, up from Rs 8.41 crore for the corresponding quarter of last year. This happened because of good domestic sales, led by volume ... More HCV/LCV/TRACTORS Punjab Tractors Q1 net down NEW DELHI: The declining demand for tractors has reflected on the financial results of Punjab Tractors Ltd. The company, in a press release here on Tuesday, said its net profit declined by 44.88 per cent to Rs 14 crore in the first ... More WASHING MACHINES Whirlpool posts 15 pc rise in Q2 turnover NEW DELHI: Whirlpool of India Ltd. has recorded an increase of 15 per cent in its turnover for the second quarter ended June 30, 2002. It stood at Rs 402.39 crore as compared to Rs 349.44 crore in the corresponding quarter of the pervious ... More FOODS & FOOD PROCESSING Agro Tech Foods incurs loss HYDERABAD: Agro Tech Foods Ltd (AFTL), a subsidiary of global food major ConAgra, has posted a turnover of Rs 240.9 crore and incurred a net loss of Rs 2.9 crore for the quarter ended June 30, 2002. Though the company has posted a ... More SOFTWARE Hinduja TMT profit up 39.5 pc BANGALORE: Hinduja TMT (HTMT) has reported a growth of 39.5 per cent in net profit and 67.5 per cent in total income for the first quarter ended June 30, 2002 over corresponding period a year ago. The company's net profit for the ... More ALUMINIUM 
Higher input costs drag down Hindalco profit — Net declines 13% to Rs 140.2 crHINDALCO Industries Ltd has reported a 13 per cent decline in net profit at Rs 140.2 crore for the first quarter of 2002-2003 against Rs 161.1 crore in the year-ago quarter. The company's Chairman, Mr Kumar Mangalam Birla, in his address to ... More PAPER, BOARD & NEWSPRINT TNPL sales, net rise TAMIL Nadu Newsprint and Papers Ltd has posted a 56 per cent jump in net profit and eight per cent increase in sales turnover for the first quarter ended June 30, 2002 when compared to the corresponding quarter last year. Net profit was Rs ... More
J.K. Industries net, sales rise NBFCS Tata Fin net loss at Rs 9.76 cr TATA Finance has registered a net loss of Rs 9.76 crore for the first quarter ended June 30,2002. The company has changed its accounting year from July - June to April - March. Consequently, the quarter April-June 2001 was the last quarter of ... More
Srei International net up 8.25 pc ABRASIVES CUMI makes Rs 21-cr profit on unit sale CARBORUNDUM Universal Ltd made a profit of Rs 21.41 crore on the sale of its electrocast refractory unit at Palakkad. This amount has been taken into the profit and loss statement for the first quarter of the current year. Thanks to this, the ... More WATCHES & ACCESSORIES Titan prunes Q1 loss to Rs 10 crore TITAN Industries Ltd has reported a net loss of Rs 10 crore in the first quarter of the financial year 2002-03 as against a net loss of Rs 14.6 crore in the corresponding period last year. The gross sales was pegged at Rs 113.48 crore, up from ... More HEALTHCARE PRODUCTS GSK Consumer to pay 33% interim NEW DELHI: The board of directors of GlaxoSmithKline Consumer Healthcare (GSKCH) has announced the first interim dividend of 33 per cent, or Rs 3.30 per share, for the year 2002. According to the company's press release here, despite ... More
Dabur India Q1 net rises 30.7 pc PRIVATE BANKS ICICI Bank Q1 net at Rs 253 cr ICICI Bank Ltd has posted a net profit of Rs 252.90 crore for the first quarter ended June 30, 2002 against Rs 65.25 crore in the previous corresponding period. The results include that of ICICI Ltd with its subsidiaries, ICICI Personal Financial ... More
Dhanalakshmi Bank posts higher net in Q1
KVB net up PUBLIC SECTOR BANKS Interest income boosts Q1 net for Allahabad Bank In the first quarter of the current financial year (April-June 2002-03), Allahabad Bank posted a 43 per cent jump in net profit at Rs 28.48 crore as compared to Rs 19.91 crore in the same period of the previous year. The operating profit at Rs ... More
SBH net rises 44 pc BROADBAND Sterlite Opticals posts Q1 loss MUMBAI: The sharp decline in optical fibre cable prices in a globally depressed market and delays in OFC orders have impacted the sales and margins of Sterile Opticals, with the company reporting a net loss of Rs 14.09 crore for the first ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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