Financial Daily from THE HINDU group of publications
Saturday, January 18, 2003
Markets (Jan. 17)
BL 2501135.46 (+1.32)
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Dollar (Buy/Sell)47.89/48.02
Gold Std (10 gm)5760 (+80)

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CORPORATE RESULTS

CEMENT


ACC net up on operating efficiencies, cost curbs
IMPROVED operating efficiencies and cost reduction measures helped ACC Ltd improve its bottom line during the third quarter of the current year by 19.3 per cent, year on year, despite a marginal reduction in net sales during the same ... More

ENGINEERING


Texmaco back in black
THE KK Birla group outfit, Texmaco Ltd, is back in the black with a third quarter (ended on December 31, 2002) net profit of Rs 2.30 crore against a net loss of Rs 61.67 lakh in the corresponding quarter in 2001-02. The company board took the ... More

CIGARETTES


Agri, consumer goods boost ITC net by 22 pc
ITC Ltd has recorded a 22 per cent increase in its post-tax profit at Rs 323.51 crore for the quarter ended December 31, 2002, over the Rs 265.63-crore for the corresponding period of the previous financial year. Net turnover for the period ... More

SOFTWARE


Wipro net crawls up in `boring quarter'
SOFTWARE major Wipro posted revenues of Rs 1,108 crore in the third quarter ended December 2003, representing a 28-per cent increase from Rs 875.9 crore in the previous period. The profit after tax was Rs 230.6 crore, up three per cent from Rs ... More

Sonata net profit up 180 pc
BANGALORE: Sonata Software Ltd has said its net profit for the third quarter ending December 31, 2002 grew by 180 per cent while its sales revenues increased by 30 per cent over the corresponding quarter previous year. Net profit ... More

SILK


Himatsingka Seide net up 6.3 pc
HIMATSINGKA Seide, an integrated manufacturer of silk and silk blended fabrics has reported a 6.3 per cent rise in net profit, while its sales revenues have dipped by nearly three per cent for the quarter ended December 31, 2002, over the ... More

DYES & PIGMENTS


Cost curbs help Vanavil Dyes post higher net
EFFORTS to reduce cost and increase turnover helped Vanavil Dyes and Chemicals Ltd to report a substantial jump in net profit at Rs 56.52 lakh for the third quarter of 2002-03 against Rs 16.23 lakh in the year-ago period. Net sales for the ... More

PRIVATE BANKS


Federal Bank Q3 profit at Rs 82 cr
AT the end of the third quarter, the Aluva-based Federal Bank has notched up a cumulative net profit of Rs 82.46 crore, registering an increase of 28 per cent over the corresponding period of last year. The first nine months profit has already ... More
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