Financial Daily from THE HINDU group of publications
Saturday, Feb 01, 2003

News
Features
Stocks
Port Info
Archives

Group Sites

Corporate Results - Hardware
Corporate - Financial Performance


TVS-Electronics net dips

Our Bureau

CHENNAI: TVS-Electronics has reported a reduced net profit of Rs 45 lakh on a turnover of Rs 56.16 crore for the fourth quarter ended December 31, 2002, as against a net profit of Rs 1.23 crore on a turnover of Rs 52.67 crore during the corresponding period last year.

For the year ended December 31, 2002, the company reported an increased net profit of Rs 1.74 crore on a turnover of Rs 210.09 crore compared to a net profit of Rs 1.63 crore on a turnover of Rs 215.98 crore.

The company's Director, Mr Gopal Srinivasan, said that the eAppliances Business Group grew by over 100 per cent, to Rs 39.72 crore, in December 2002 quarter over the sequential quarter.

The PBT (profit before tax) for 2002 was Rs 2.23 crore (Rs 1.83 crore), while the turnover was Rs 210 crore (Rs 216 crore).

This was after the company made a provision on account of the closure of its Lexmark non-impact printer business.

Article E-Mail :: Comment :: Syndication

Stories in this Section
DCM Shriram


Exports drive Jubilant net up 191 pc in Q3
Bharat Electronics Q3 net up 106 pc
Retention price cut, poor demand hit MCF Q3 net
Higher sales drive Reliance profits — Our future is in oil, power, infocom: Anil Ambani
Higher output boosts ONGC net 84 pc
HPCL Q3 profit zooms
Sun Pharma net up 20 pc on higher sales
Aurobindo sales, net up in Q3
Raymond Q3 net up at Rs 19 cr
Precot Mills net up at 21 pc
Improved efficiencies boost Colgate net up 33 pc
Balaji Telefilms net up at 105 pc
Sundram Fasteners Q3 net up on higher sales
Kale Consultants net down
TVS-Electronics net dips
Infotech Enterprises Q3 revenues up; net slips
SSI net plunges to Rs 16 lakh
Drop in sales turnover hits TNPL net
Bank conversion expenses trim Kotak MFL net
Glaxo achieves zero debt status — Fourth quarter profit declines 33 pc
P&G's Q2 net up at Rs 32 cr
ICICI Bank net surges on retail focus — `Ahead of HDFC in home loan portfolio'
IOB's Q3 net up 157 pc


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