Financial Daily from THE HINDU group of publications
Saturday, January 25, 2003
Markets (Jan. 24)
BL 2501109.71 (-15.70)
BSE Sensex3287.86 (-40.32)
S&P CNX Nifty1066.05 (-14.85)
Dollar (Buy/Sell)47.85/47.98
Gold Std (10 gm)5870 (+20)

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

CORPORATE RESULTS

TELECOMMUNICATIONS


Squeeze in income tells on VSNL net
THE tariff trends in the telecom market have significantly dragged on the bottomline of Videsh Sanchar Nigam Ltd, whose net profit has fallen a hefty 77 per cent, year on year, for the quarter ended December 31, 2002. Net profit for the quarter ... More

CHEMICALS


Export volumes push up Tata Chem net
TATA Chemicals Ltd (TCL) on Friday reported a profit-after-tax of Rs 55.5 crore for the third quarter ended December 31, 2002, as against the previous year corresponding period's Rs 46.09 crore. Net sales/income from operations was Rs 460.78 ... More

FERTILISERS


Better productivity drives Indo Gulf net profit up 20 pc
IMPROVEMENT in asset productivity and operating efficiencies helped Indo Gulf Corporation Ltd (IGCL) to post a 20 per cent increase in its net profit at Rs 105.55 crore for the third quarter of 2002-03 against Rs 88.17 crore in the year-ago ... More

PETROLEUM


BPCL net up as import parity prices increase
AN increase in import parity prices of petroleum products has led to a 224 per cent jump in the net profit of Bharat Petroleum Corporation for the third quarter ended December 31, 2002 to Rs 233 crore (Rs 71.90 crore). Net sales for the ... More

IBP's Q3 net slides 98 pc
IBP Company Ltd, a subsidiary of Indian Oil Corporation (IOC), has recorded a net profit of Rs 1.32 crore for the quarter ended December 31, 2002, down 98 per cent over the Rs 66.62 crore recorded in the corresponding period last year. While ... More

TEXTILES


Bombay Dyeing posts Rs 5.9-cr profit in Q3
BOMBAY Dyeing and Manufacturing Company Ltd has reported a net profit of Rs 5.94 crore for the third quarter ended December 31, 2002 as against a loss of Rs 22.94 crore in the corresponding period in the previous year. Income from operations ... More

Lakshmi Mills back in black
LAKSHMI Mills Company Ltd has shown improved sales and profit in its third quarter operation ended December 31, 2002. The company posted a marginally higher sales in the quarter at Rs 44.36 crore and registered profit before tax of Rs 70.56 ... More

HCV/LCV/TRACTORS


Spending cuts boost Leyland's net 72.3 pc
ASHOK Leyland has reported a 72.3 per cent growth in its net profit for the quarter ended December 2002 over the same quarter last year. The company's net profit increased to Rs 23.28 crore, up from Rs 13.51 crore previously. This was possible ... More

ELECTRICAL GOODS


Debt restructuring helps Eveready earn profit
A SUCCESSFUL debt restructuring programme and cost reduction exercises have helped Eveready Industries India Ltd to register a nominal net profit of Rs 81.82 lakh in the third quarter of the current fiscal as against a net loss of Rs 5.73 crore ... More

SOFTWARE


`Solutions' lifts VisualSoft net
VISUALSOFT Technologies Ltd has recorded 24.9 per cent growth in revenues and 51.09 per cent in net profits during the quarter ended December 31, 2002, in comparison to the corresponding quarter last year. The company's income stood at Rs 32.36 ... More

NIIT net up 55 pc on strong orders
COMPUTER education and software major, NIIT Ltd., today said its net profit for the quarter ended December 2002 increased by 55 per cent year-on-year to Rs 5.4 crore from Rs 3.5 crore in the same period last year. Net revenues of NIIT stood at ... More

ALUMINIUM


Hindalco Q3 net down 39 pc on lower volumes
LOWER volumes and rising input cost impacted Hindalco Industries Ltd's net profit which fell by 39 per cent to Rs 101.1 crore for the third quarter of 2002-03 against Rs 165.5 crore in the year-ago period. Net sales slipped to Rs 521.5 crore ... More

OFFICE EQUIPMENTS & SUPPLIES


Camlin net up on cost cuts
STATIONERY and art materials company, Camlin Ltd, which has also forayed into pharmaceuticals and fine chemicals, has reported a net profit of Rs 6.95 crore compared to Rs 2.62 crore in the corresponding period last year, registering a growth of ... More

NBFCS


ALF Q3 net rises 34 pc
ASHOK Leyland Finance has reported a net profit of Rs 14.82 crore for the third quarter ended December 2002, a 34 per cent increase as against Rs 11.06 crore in the same quarter last year. This has been possible mainly due to two reasons — ... More

PUBLIC SECTOR BANKS


SBH nine-month net profit up 17.5 pc
STATE Bank of Hyderabad (SBH), one of the associate banks of State Bank India (SBI), has announced 12.2 per cent growth in gross profit and 17.53 per cent in net profit for the nine-month period of the current fiscal year ended December 31, ... More

Oriental Bank Q3 net up 42 pc on treasury income
IN keeping with the strong showing by public sector banks, Oriental Bank of Commerce (OBC) has registered a net profit of Rs 121.57 crore during the third quarter ended December 31, 2002, a 42-per cent increase over Rs 85.74 crore during the ... More


Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
Pick a Winner Stock Market Contest

Top Stories
Baleno, Versa made cheaper by a lakh


Data Access willing to buy out foreign partner

Vision 2020 paints perfect India

The Tenth Plan papers — Will laudable goals get the right push?

In Focus
Kelkar Report
Telecom Competition
Oil PSUs: Disinvestment dilemma
NPAs in Banking
In Depth
Gender Justice
Simple Economics
India Interior
Consumer Notes
Tax Talk
Industry Analysis
Economy - A Perspective
2002: A drought year
Gold: Still the winner?
Books and Reviews


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright © 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line