Financial Daily from THE HINDU group of publications
Tuesday, October 22, 2002
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Financial Daily from THE HINDU group of publications Tuesday, October 22, 2002 |
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CORPORATE RESULTS TELECOMMUNICATIONS 
VSNL: Competition prunes net by 33 pcDECLINING customer tariffs, lower settlement rates from international carriers, and the impact from competition in the international long-distance telephony business have led to VSNL reporting a drop in both net profit and income for the second ... More CHEMICALS HOC lowers net loss by 85 pc HINDUSTAN Organic Chemicals (HOC) may still be in the red in the quarter ended September 30, 2002, but its losses are lower by almost 85 per cent at Rs 1.86 crore from Rs 12.9 crore in the quarter ended September 30, 2001. According to ... More FERTILISERS 
Indo Gulf net increases 35 pc — `Cautious' on future outlookREDUCED interest outgo and restrained rise in depreciation have helped Indo Gulf Corporation Ltd (IGCL) show a 35-per cent increase in second quarter (Q2) profit after tax. But the outlook for the future, as detailed by the company, is a ... More TEXTILES 
Indo Rama board okays 2-way fungibility of shares — Q2 net up 163 pc on sales growthAIDED by a 23-per cent jump in sales volumes and substantial reduction in interest cost, the Rs 1,900-crore Indo Rama Synthetics (I) Ltd (IRSL) has reported a 162.8-per cent increase in net profit for the quarter ended September 30, 2002 to Rs ... More HCV/LCV/TRACTORS 
Eicher Motors Q2 net up on volumes growthA HEALTHY growth in volumes and aggressive cost cut helped commercial vehicle maker, Eicher Motors Ltd, to record a whopping 151 per cent growth in its net profit for the second quarter of 2002-03. Net profit of the company for the period stood ... More TWO/THREE WHEELERS TVS Motor's H1 net trebles, pays 50 pc interim TVS Motor Company has reported a three-fold increase in its net profit for the first half of the current financial year - to Rs 57.63 crore from Rs 19.16 crore in the same period last year. In the quarter ended September 30, the company's net ... More
SOFTWARE Sluggish business pulls HCL Insys net down in Q1 A HEALTHY 74 per cent growth in revenues has not helped HCL Infosystems Ltd (HCL Insys) post a growth in its net profit for the July-September quarter over the corresponding quarter a year ago as the growth of company's software services business ... More COFFEE Tata Coffee net up on property sale EARNINGS from sale of property and investments has boosted Tata Coffee's bottomline, though its net sales declined by close to five per cent for the second quarter of the current financial year. Tata Coffee earned Rs 7.14 crore from sale of ... More PRIVATE BANKS Catholic Syrian H1 net up 60 pc THE net profit of the Thrissur-based Catholic Syrian Bank has grown by 60 per cent to touch Rs 11.76 crore during the first half of 2002-03, as against Rs 7.34 crore reported for the corresponding period of last year. The operating profit has ... More
United Western net down in Q2 BEARINGS, CASTINGS & FORGINGS 
Bharat Forge Q2 net jumps 580 pc on higher exportsHIGHER exports with better margins facilitated a six-fold increase in the net profit of Bharat Forge Ltd for the second quarter of the current fiscal. Net profit jumped 580 per cent to Rs 17.35 crore (Rs 2.55 crore) for the second quarter and ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Oct. 13-Oct. 19 Asian Paints net up 39% on cost-efficiency moves |
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