Financial Daily from THE HINDU group of publications
Friday, January 17, 2003
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CORPORATE RESULTS

PESTICIDES


EID Parry sales, net down 86 pc on monsoon failure
EID Parry (India) Ltd has reported a steep fall in net profit for the quarter ended December 31, 2002, with the net profit at Rs 94 lakh on net sales of Rs 286.47 crore. During the corresponding period in the previous year the company reported a ... More

PETROLEUM


Tamilnadu Petro net down on global price fall
TAMILNADU Petroproducts Ltd's (TPL) profit after tax (PAT) for the quarter ended December 2002 was Rs 2.38 crore, a fall of about 74 per cent in relation to the corresponding period of the previous year. A company release attributed the fall ... More

SHIPPING


GE Shipping net down 32.3 pc
GREAT Eastern Shipping Co Ltd (GE Shipping) today reported a 32.3 per cent dip in net profit to Rs 47.74 crore for the quarter ended December 31, 2002, as against the previous corresponding Rs 70.51 crore. Total income from operation and sales ... More

TEXTILES


Indo Rama net up on higher polyester sales
A NEARLY 20,000 tonnes jump in domestic sales of polyester has helped Indo Rama Synthetics (India) Ltd (IRSL) post a net profit of Rs 38.93 crore on a gross sales of Rs 663.87 crore during the third quarter ended December 31, 2002. The company ... More

HARDWARE


Tata Elxsi Q3 net down 13 per cent
TATA Elxsi Ltd, the technical computing arm of the Tata Group, has reported a decline of 13.3 per cent in its net profit and nearly 8 per cent drop in its revenues for the third quarter ended December 31, 2002 over corresponding period in the ... More

INTERNET


Sify trims net loss to $ 6.72 m
SIFY Ltd (formerly Satyam Infoway Ltd) has reported a net loss of $ 6.72 million on sales revenue of $ 10.82 million for the quarter ended December 31, 2002 against a loss of $ 7.78 million on sales of $ 8.70 million for the same period last ... More

PAINTS


Asian Paints net up on higher sales, cost cutting
SPURRED by overall demand growth in the domestic paint market and cost cutting measures, Asian Paints has recorded a 27.1 per cent increase in net profit at Rs 43.6 crore for the third quarter ended December 31, 2002 as against Rs 34.3 crore in ... More

PRIVATE BANKS


IDBI Bank net trebles in Q3
WITH higher net interest income and fee-based income, private-sector, IDBI Bank has more than tripled its net profit which stands at Rs 27.4 crore for the third quarter ended December 2002 as compared to Rs 8.9 crore in the corresponding period ... More

HDFC Bank net up 31 pc in third quarter
HDFC Bank has registered an increase of 31 per cent in net profit at Rs 98.88 crore for the third quarter ended December 2002, as compared to Rs 75.45 crore in the corresponding quarter in the previous year. Interest earned by the bank ... More

UTI Bank interest income increases
A SHARP rise in net interest income and fee income helped UTI Bank to record a 44 per cent rise in net profit at Rs 51.50 crore for the third quarter ended December 31, 2002, as against Rs 35.76 crore in the corresponding period the previous ... More

PUBLIC SECTOR BANKS


Syndicate Bank pre-tax profit up
SYNDICATE Bank has registered a 35.08 per cent increase in operating profit during the third quarter of the current fiscal rising from Rs. 291.03 crore as of December 2001 to Rs. 393.13 crore as of December 2002. Pre-tax profit increased by ... More

Treasury income boosts Union Bank Q3 net
HIGHER treasury income and lower cost of funds have enabled Union Bank of India, to report a 45 per cent rise in ent profit at Rs 143.58 crore in the third quarter ended Decembe 31, 2002 as compared to Rs 99.01 crore in the corresponding period ... More


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