Financial Daily from THE HINDU group of publications
Friday, November 01, 2002
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Financial Daily from THE HINDU group of publications Friday, November 01, 2002 |
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CORPORATE RESULTS DIVERSIFIED 
Reliance Q2 net tops Rs 1,000 crHIGHER sales, including exports, coupled with improved prices and reduction in interest and depreciation, helped Reliance Industries Ltd (RIL) to end the second quarter ended September 30, 2002 with a 25 per cent increase in net profit at Rs ... More
DCM Shriram net up; to pay 15 pc interim FINANCIAL SERVICES Magma aims at 80 pc rise in business — Second-quarter PAT at Rs 2.22 cr MAGMA Leasing Ltd, a mid-segment player in the truck, car and construction equipment financing segments, has projected a business of Rs 600 crore for the current financial year, an increase of nearly 80 per cent over the Rs 335 crore achieved in ... More TELECOMMUNICATIONS Usha Beltron posts profit USHA Beltron Ltd has reported a turnaround in the quarter ended September 30, 2002. The company registered a net profit of Rs 1.73 crore against net loss of Rs 7.77 crore during the corresponding quarter of 2001-02. The company's PBT was put ... More CHEMICALS Gujarat Alkalies back in black THE Gujarat Alkalies and Chemicals Ltd (GACL) posted a net profit of Rs 1.8 crore for the quarter ended September 30 on a net sales of Rs 221.15 crore as against a net loss of Rs 3.73 crore in the corresponding period last year when sales were Rs ... More FERTILISERS Drought, plant shutdowns hit SPIC bottomline SOUTHERN Petrochemical Industries Corporation (SPIC) has reported a higher net loss of Rs 22.61 crore for the quarter ended September 2002, as against a net loss of Rs 7.70 crore in the same period of last year. The company has attributed ... More FOOD & DAIRY PRODUCTS Parrys Confectionery incurs Rs 56-lakh loss PARRYS Confectionery Ltd has posted a net loss of Rs 56 lakh for the quarter ended September 30, 2002 on a sale of Rs 26.48 crore as against a net profit of Rs 1.92 crore on a sale of Rs 24.60 crore for the corresponding period in the previous ... More
Cadbury reports higher net, sales HOTELS EIH posts loss of Rs 3.58 cr EIH Ltd, a member of the Oberoi group of hotels, for the quarter ended September 30, 2002, has reported a net loss of Rs 3.58 crore against a net profit of Rs 1.73 crore for the corresponding quarter of 2001-02. The company, however, has ... More PETROLEUM IOC net up at Rs 2,514 cr on higher margins RIDING on the back of higher margins and better realisation on sale of petro-products, Indian Oil Corporation (IOC) has recorded a net profit of Rs 2,513.69 crore for the second quarter of the current fiscal ended September 30, up 440 per cent ... More
Gujarat Gas net dips on increasing costs
Recovery of dues boosts KRL net PHARMACEUTICALS Aurobindo Pharma net, income up on higher sales AUROBINDO Pharma, the Rs 1,000-crore bulk drug major has reported both higher income and net profit for the quarter ended September 30, 2002. While its total income for the current quarter rose by 20.70 percent at Rs 308.32 crore, against Rs ... More
GlaxoSmithKline Pharma net up on brand focus STEEL Jindal Steel net rises JINDAL Steel & Power Ltd (JSPL) has reported a 48 per cent increase in net profit to Rs 38.79 crore in the second quarter of the current fiscal, up from the Rs 26.20 crore earned in the corresponding period last year. The company's net sales ... More TEXTILES SRF net rises on volume growth SRF Ltd has recorded a 19.01 per cent increase in net sales to Rs 180.52 crore in the second quarter of this fiscal from Rs 151.68 crore in the same period last year. The company's net profit has increased by 177.70 per cent to Rs 12.08 crore ... More TYRES Strong sales push Apollo Tyres profit to Rs 27 cr APOLLO Tyres Ltd (ATL) has announced a 749 per cent rise in net profit for the second quarter of the current fiscal at Rs 27.35 crore as against Rs 3.22 crore earned in the same period last year. The net sales income during the period ... More AIR-CONDITIONERS & REFRIGERATORS Voltas net at Rs 7.52 cr VOLTAS Ltd announced an increase in net profit at Rs 7.52 crore for the quarter ended September 30, 2002 against Rs 3.56 crore in the corresponding period. Net sales/income from operations were at Rs 283.40 crore over Rs 210.49 crore in the ... More HARDWARE Moser Baer net profit drops; cuts forecast Net profit of the company for the quarter ended September 2002, stood at Rs 53.14 crore as compared to Rs 54.13 crore in the corresponding quarter last year. More NBFCS 
Cholamandalam rights issue to raise Rs 30 cr — Q2 profit up 60 pcCHOLAMANDALAM Investment and Finance Co Ltd (CIFCL), the Chennai-based non-banking finance company, today announced a rights issue to raise Rs 30 crore. The board of directors of the company which met here approved the proposal. The issue ... More
Ashok Leyland Finance first-half net up 27 pc HEALTHCARE PRODUCTS Dabur H1 net up 26%; declares 50% interim DABUR India Ltd has announced an interim dividend of 50 per cent. The board met here on Wednesday to consider its results for the half-yearly period ended September 30, 2002. "The company witnessed significant growth in performance and ... More PRIVATE BANKS Dhanalakshmi Bank H1 profit up 33 pc THE net profit of Thrissur-based Dhanalakshmi Bank has grown by 33 per cent to Rs 6.86 crore (Rs 5.14 crore) for the first half of the current year. Gross profit went up by 62 per cent to touch Rs 29.87 crore (Rs 18.47 crore), a fax from the ... More
IndusInd posts 2-fold rise in Q2 net profit PUBLIC SECTOR BANKS 
Interest on recap bonds props up Indian Bank — H1 operating profit at Rs 198.66 crINDIAN Bank has reported an operating profit of Rs 198.66 crore for the first six months of the current year, as against Rs 40.26 crore for the same period last year. Addressing a press conference here, the bank's Chairperson and Managing ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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