Financial Daily from THE HINDU group of publications
Saturday, August 03, 2002
Markets (Aug. 2)
BL 2501047.30 (+3.11)
BSE Sensex2985.01 (+9.20)
S&P CNX Nifty954.75 (-2.95)
Dollar (Buy/Sell)48.61/48.74
Gold Std (10 gm)5070 (+60)

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CORPORATE RESULTS

CEMENT


Gujarat Ambuja pays 60 pc total
THE board of directors of Gujarat Ambuja Cements Ltd has recommended a final dividend of 20 per cent, bringing the total dividend for the year to 60 per cent, or Rs 6 per share. The company has reported a 42.1 per cent decrease in net profit ... More

PLASTICS


Supreme Industries posts Rs 11-cr net
SUPREME Industries Ltd has posted a net profit of Rs 11.08 crore for the year ended June 30, 2002. In the previous year, the company had made a net profit of Rs 2.76 crore. However, the figures are not comparable as they include the operations ... More

STEEL


Durgapur, Rourkela Steel post heavy losses in Q1
EVEN though the Durgapur Steel Plant (DSP) and the Rourkela Steel Plant (RSP) have posted first quarter losses , the top brass of both plants expect a better showing by September-end. Together, these two plants accounted for Rs 765.11 crore out ... More

TEXTILES


GTN net up 35 pc at Rs 1.58 crore
GTN Textiles Ltd has recorded a 10 per cent increase in its operative income at Rs 52.51 crore during the quarter ended June 30, 2002 compared to Rs 47.81 crore realised in the previous year. The unaudited financial results of the company has ... More

Patspin India net up
The 100 per cent EOU promoted by the GTN group has posted a marginally lower net sales of Rs.23.35 crore for the quarter ended June 30, 2002 as against Rs 24.47 crore. Its profit-after-tax for the quarter was Rs 1.92 crore compared to Rs 1.58 ... More

HEALTHCARE PRODUCTS


Panjon turnover up 412 pc in Q1
PANJON Ltd has reported a 412 per cent increase in turnover to Rs 4.61 crore for the quarter ended June 30, 2002, compared to Rs 0.91 crore for the corresponding period last year. The company registered a profit after tax (PAT) of Rs 1.12 ... More

FINANCIAL INSTITUTIONS


PFC net in Q1 at Rs 392 cr
NEW DELHI: Power Finance Corporation (PFC) has registered an income from operations of Rs 747 crore and net profit of Rs 392 crore for the first quarter of the current fiscal ended June 30, 2002. The corporation sanctioned loans worth ... More
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