Financial Daily from THE HINDU group of publications
Friday, August 02, 2002
Markets (Aug. 1)
BL 2501044.19 (-0.97)
BSE Sensex2975.81 (-11.84)
S&P CNX Nifty957.70 (-1.20)
Dollar (Buy/Sell)48.62/48.74
Gold Std (10 gm)5010 (-60)

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CORPORATE RESULTS

ELECTRONICS


FCI OEN profit down at Rs 124 lakh
KOCHI: FCI OEN Connectors has reported an increase in turnover for the second quarter as its sales grew 20 per cent to Rs 1,783.97 lakh, against Rs 1,486.31 lakh in the same quarter the previous year. Other income also went up by 293 ... More

PETROLEUM


MRPL net loss rises to Rs 117.1 cr
MUMBAI: Mangalore Refinery and Petrochemicals Ltd (MRPL), a joint venture between the A.V. Birla group and Hindustan Petroleum Corporation Ltd, has registered a net loss of Rs 117.1 crore for the first quarter ended June 30, 2002, up ... More

POWER


REC net up at Rs 72.47 cr in Q1; plans IPO
RURAL Electrification Corporation (REC) has recorded a profit-after-tax (PAT) of Rs 72.47 crore on net sales of Rs 386.80 crore for the first quarter ended June 30, 2002. For the same period last year, it recorded a PAT of Rs 54.65 crore on ... More

AUTOMOBILE COMPONENTS


India Nippon net up in Q1
CHENNAI: India Nippon Electricals has achieved a higher turnover and net profit for the quarter ended June 30, 2002, compared to the corresponding quarter of last year. The company's turnover was Rs 37.36 crore against Rs 25.76 crore in ... More

HCV/LCV/TRACTORS


Eicher loss at Rs 2.8 crore
NEW DELHI: Eicher Ltd, part of the Rs 1,200-crore Eicher group, has reported a net loss of Rs 2.78 crore for the quarter ended June 30, 2002, as compared to net loss of Rs 8.23 crore incurred in the same period last year. The ... More

SOFTWARE


Goldstone Tele posts profit in Q1
Goldstone Teleservices Ltd has posted revenues of Rs 3.98 crore and a net profit of Rs 0.76 crore for the first quarter ended June 30, 2002 as against revenues of Rs 1.03 crore and a loss of Rs 0.03 crore for the corresponding quarter last ... More

SQL Star Q1 net up at Rs 15.03 lakh
SQL Star International Ltd has recorded revenues of Rs 9.38 crore and a net profit of Rs 15.03 lakh for the first quarter ended June 30, 2002 as against revenues of Rs 12.48 crore and a net profit of Rs 11.10 lakh for the corresponding quarter ... More

Rolta Q2 profit down 17 pc
MUMBAI: Rolta India Ltd has posted a 17 per cent decline in net profit for the second quarter ended June 30, 2002 at Rs 25.12 crore compared to Rs 30.23 crore during the corresponding period last year. Net sales for the quarter were ... More


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