Financial Daily from THE HINDU group of publications
Thursday, October 31, 2002
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Financial Daily from THE HINDU group of publications Thursday, October 31, 2002 |
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CORPORATE RESULTS SOAPS & DETERGENTS Nirma net up at Rs 51.49 cr NIRMA Ltd has posted a net profit of Rs 51.49 crore for the second quarter of the fiscal, up 49.5 per cent from Rs 34.43 crore in the comparable period last year. The improved bottomline came despite there being only a marginal rise in its ... More
Henkel Spic net up CONSUMER ELECTRONICS Cost-cutting boosts Philips Q3 net 56 pc PHILIPS India Ltd (PIL) has posted a 56 per cent increase in net profit for the third quarter ended September 30, 2002 at Rs 13.6 crore compared to Rs 8.7 crore during the corresponding period last year. Sales and income from operations too ... More FERTILISERS Urea price review helps MFL cut loss MADRAS Fertilizers Ltd has cut its losses during the quarter ended September 30, 2002, thanks to revision in retention price of urea following implementation of the policy parameters for the VII and VIII pricing periods, according to a company ... More
Deepak Nitrite H1 net rises PHARMACEUTICALS Wockhardt third-quarter net up 22% MUMBAI: Sustained growth in both its domestic and international business has boosted the third-quarter results of pharmaceutical major Wockhardt Ltd. Net profit in the third quarter stood at Rs 36 crore, up 21.6 per cent growth on the Rs ... More
Suven Pharma net dips STEEL 
Tata Steel sees sharp rise in net — Higher prices, better product mix catapult growthHIGHER steel prices coupled with improved demand, better product mix and a fall in interest cost pushed Tata Steel's net profit up by 643 per cent to Rs 203.18 crore for the second quarter of 2002-2003 (Rs 27.36 crore). Net sales during the ... More
RSP cuts losses in Q2 by over Rs 150 cr — Upgraded units run at sub-rated capacities SUGAR Thiru Arooran posts higher loss CHENNAI: Thiru Arooran Sugars Ltd has reported a higher net loss of Rs 9.4 crore on a total income of Rs 31.4 crore for the quarter ended September 30, 2002. During the corresponding period in the previous year the company reported a ... More TYRES Goodyear net down NEW DELHI: Goodyear India Ltd (GIL) has reported a lower net loss of Rs 4.25 crore for the quarter ended September 30, 2002 as against a net loss of Rs 14.10 crore recorded in the same period during the previous year. Net sales of the ... More
CEAT turns around with Rs 6.3-cr profit HCV/LCV/TRACTORS 
Extraordinary income, operating efficiencies to M&M's aidRIDING on the back of extraordinary income from the sale of its holdings in Mahindra Sintered Products Ltd., a joint venture with a British company, Mahindra & Mahindra returned an impressive profit of Rs 58.27 crore for the second quarter ... More
Swaraj Mazda net zooms 175 pc FOODS & FOOD PROCESSING Agro Tech incurs loss AGRO Tech Foods Ltd (AFTL), a subsidiary of global food major ConAgra, has posted a sales income of Rs 289.4 crore, other income of Rs 2.2 crore and a net loss of Rs 12.9 crore during the quarter ended September 30, 2002. Though the company's ... More SOFTWARE Albion Orion goodwill drags SSI bottomline THE net profit of SSI Ltd has reduced by more than half to Rs 1.13 crore on total revenues of Rs 59.5 crore for the first quarter ended September 30, 2002. This is compared to a net profit of Rs 2.78 crore on total revenues of Rs 82.87 crore ... More
DSQ net loss at Rs 22 cr PAINTS Berger Paints Q2 net up at Rs 9.17 cr THE profit after tax (PAT) of Berger Paints India Ltd, for the second-quarter ended September 30, 2002, has recorded an increase at Rs 9.17 crore against the Rs 7.45 crore achieved for the same period of last financial year. Gross sales were ... More
Goodlass Nerolac net up 23 pc PUBLIC SECTOR BANKS Interest boosts SBI net INCREASE in interest and non-interest income helped State Bank of India (SBI) report a 34 per cent rise in net profit to Rs 835.20 crore for the quarter ended September 30,2002, as compared to Rs 622.26 in the corresponding period in the previous ... More FINANCIAL INSTITUTIONS IDBI net up; beats forecast A CONCERTED effort by the Industrial Development Bank of India (IDBI) to reduce its operating expenditure has yielded stunning results. Belying financial analysts' expectations, the development financial institution has posted a 355 per cent rise ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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