Financial Daily from THE HINDU group of publications
Thursday, October 24, 2002
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Financial Daily from THE HINDU group of publications Thursday, October 24, 2002 |
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CORPORATE RESULTS FINANCIAL SERVICES PNB Gilts says strategy paying PNB Gilts has registered 80 per cent increase in net profit to Rs 30.01 crore for the quarter ended September 30, 2002. The total income of the company has also risen by 43 per cent to Rs 60.16 crore for the second quarter against Rs 42.10 ... More CHEMICALS 
Tata Chem net up on higher volumesHIGHER volume growth and operational efficiencies helped Tata Chemicals Ltd to report an eight per cent increase in net profit at Rs 47.03 crore (Rs 43.41 crore) for the second quarter of 2002-03. Strong volume growth in soda ash and salt ... More ELECTRONICS FCI OEN net down at Rs 1.77 cr FCI OEN Connectors Ltd has registered a net profit of Rs 1.77 crore for the quarter ended September 30, 2002 as against Rs 2.62 crore for the corresponding period last year. Net sales for the period stood at Rs 19.03 crore (Rs 18.11 crore). ... More FERTILISERS Urea price drop hits NFCL net THE drop in the urea retention price has pulled down the net profit and turnover of Nagarjuna Fertilizers and Chemicals Ltd (NFCL) during the quarter ended September 30. While net profit is down by a sharp 62 per cent to Rs 7.43 crore(Rs 19.65 ... More TEXTILES Raymond net down on hike in ad spend HIGHER expenses incurred on account of company's promotional activities coupled with increased provision for taxation has resulted in a lower profit for Raymond Ltd in the quarter ended September 30, 2002. The net profit for the quarter was ... More CIGARETTES VST Industries net up at Rs 9.84 cr HYDERABAD: VST Industries Ltd has posted a turnover of Rs 170.42 crore, other income of Rs 61 lakh and net profit of Rs 9.84 crore for the second quarter of the current fiscal. In the corresponding period last year, turnover and profit ... More AUTOMOBILE COMPONENTS MICO net jumps 73 pc on higher demand INCREASED sales turnover and depleting inventory on higher auto-component demand in the July-September quarter of the current financial year helped engineering major MICO Ltd report a net profit of Rs 28.15 crore, up 73.8 per cent, from Rs 16.19 ... More TWO/THREE WHEELERS 
Bajaj Auto net drops due to tax provisionTHE impact of higher tax transformed Bajaj Auto Ltd's (BAL) 50 per cent growth in gross profit for the second quarter of 2002-03 into an eight per cent drop in net profit at Rs 132 crore (Rs 143.7 crore). When contacted, Mr Sanjiv Bajaj, ... More
SOFTWARE 
Satyam Q2 net down 11 per cent — Other income drop, expenditure blamedSATYAM Computer Services Ltd today reported a net profit of Rs 118.16 crore for the second quarter ended September 30, 2002, which is down 11 per cent from Rs 134.08 crore during the corresponding quarter of the previous year. This decline has ... More
Mascot net hit by costs IT TRAINING Aptech net profit at Rs 2.34 cr MUMBAI: Aptech Training Ltd has reported a net profit of Rs 2.34 crore for the quarter ended September 30, 2002. According to the company, the process of restructuring for the demerger of the training division from the erstwhile ... More ALUMINIUM 
Sluggish market, input costs pull down Hindalco's earningsTHE disruption in power supply to its smelters last month, rising input costs and overall sluggish market scenario have left their scars on the second quarter results of Hindalco Industries Ltd . The company's outlook for the future, as ... More PAPER, BOARD & NEWSPRINT TNPL posts 64 pc rise in Q2 net on lower costs A BUOYANT market for printing and writing paper and reduction in variable costs have contributed to the 64 per cent jump in net profit for Tamil Nadu Newsprint and Papers Ltd (TNPL) during the quarter ended September 30, 2002, according to ... More PRIVATE BANKS South Indian Bank H1 net rises 20 pc THE net profit of the Thrissur-based South Indian Bank has grown by 20.3 per cent to touch Rs 29.12 crore (Rs 24.21 crore) for the first half of the current year. Analysing the banks working results, Mr A. Sethumadhavan, Chairman and CEO said ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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