Financial Daily from THE HINDU group of publications
Friday, April 11, 2003
Markets (April 10)
BL 2501025.32 (-37.36)
BSE Sensex3035.33 (-105.92)
S&P CNX Nifty962.20 (-42.65)
Dollar (Buy/Sell)47.36/47.49
Gold Std (10 gm)5135 (+5)

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CORPORATE RESULTS

CEMENT


Volumes drive Gujarat Ambuja Q3 net profit up
GUJARAT Ambuja Cement has announced an interim dividend of 30 per cent for the financial year 2002-03 (April-June). A substantial increase in sales volumes has helped Gujarat Ambuja Cements Ltd overcome low cement prices and increased fuel ... More

ENGINEERING


Exports power ABB net up 41%
HIGHER revenues from work orders and exports combined with higher "operational efficiencies" has pushed ABB Ltd's net profit up by 41 per cent to Rs 8.75 crore (Rs 6.20 crore) in the first quarter ended March 31, 2003. Net sales and income from ... More

TWO/THREE WHEELERS


Drought drives down Hero Honda Q4 net — Declares a total dividend of 900 per cent
HERO Honda Motors Ltd on Thursday announced a dividend of Rs 18 per a share as its net profit went up by 25 per cent in 2002-03 to Rs 580.76 crore over Rs 462.93 crore a year ago. The dividend was higher this year because of a special 400 per ... More

SOFTWARE


Net rises, but Infosys warns of slow growth
THE largest listed software exporter Infosys Technologies Ltd that topped its earnings guidance said its net profit for financial year 2002-03 was Rs 957.93 crore, up 18.56 per cent from Rs 807.96 crore a year ago. It, however, cautioned that ... More
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