The Hindu Business Line : Tuesday, January 21, 2003

Bharti Tele cuts cash loss in third quarter
BHARTI TeleVentures Ltd has achieved "near break-even" with cash losses in the third quarter ending December 2002 down to just Rs 7 crore compared to Rs 129 crore in the second quarter this fiscal. According to an official statement, the ... More

HOTELS

ITC Hotels net income up 24%
ITC Hotels Ltd has recorded a growth of 24 per cent at Rs 33.40 crore in its net income from operations for the quarter ended December 31, 2002. In a statement, ITC Hotels said its gross operating profit for the third quarter registered a ... More

STEEL

Jindal Iron turns around on cost reduction
IMPROVED realisations, increase in volumes including exports and a dip in interest cost helped Jindal Iron and Steel Company Ltd (Jisco) to report a net profit of Rs 29.86 crore for the third quarter ended December 2002 as against a net loss of ... More

SOFTWARE

Aztec reports Rs 28-lakh net loss in Q3
AZTEC Software and Technology Services, the Bangalore-based software services company, has reported a net loss of Rs 27.8 lakh on a turnover of Rs 11.62 crore for the third quarter ended December 31, 2002. This compares with a net profit of Rs ... More

Subex Q3 net up 2.3 pc
BANGALORE: Subex Systems Ltd, the Bangalore-based telecom software company has said its net profit and revenues for the third quarter ended December 31, 2002 grew by 2.3 per cent and 15.2 per cent respectively over the corresponding ... More

READYMADE GARMENTS

Trent posts higher PAT in third quarter
TRENT Ltd has reported a higher profit after tax of Rs 2.87 crore for the third quarter ended December 31, 2002, as against Rs 2.50 crore of the previous corresponding period. Total income was Rs 36.46 crore (Rs 25.30 crore), including net ... More

PRIVATE BANKS

Dhanalakshmi Bank net rises 36 pc in third quarter
THE net profit of the Thrissur-based Dhanalakshmi Bank has grown by over 36 per cent to touch Rs 4.45 crore (Rs 3.27 crore) for the quarter ended December 2002. The gross profit rose close to 75 per cent to Rs 20.46 crore (Rs 11.71 crore) in ... More

PUBLIC SECTOR BANKS

Interest boosts Canara Bank Q3 net
CANARA Bank has declared a net profit of Rs 292 crore for the third quarter, a 4 per cent increase over the second quarter's Rs 281 crore, and an 83 per cent increase over the corresponding period in the previous year Speaking to presspersons ... More

Investment sales lift Corpn Bank net
PROFIT from sale of investments has boosted Corporation Bank's net profit for the third quarter ended December 31, 2002, to Rs 151.81crore as compared to Rs 91.45 crore in the corresponding period the previous year, a 66 per cent ... More