Financial Daily from THE HINDU group of publications
Wednesday, April 23, 2003
Markets (April 22)
BL 2501014.05 (-2.48)
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Gold Std (10 gm)5270 (+80)

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CORPORATE RESULTS

ENGINEERING


Sona Koyo net up at Rs 6 cr
SONA Koyo Steering Systems Ltd, the manufacturer of steering systems, on Tuesday announced a net profit of Rs 6.06 crore in 2002-03, up from Rs 4.77 crore in the previous fiscal. The company's turnover during the year stood at Rs 218.75 crore ... More

PETROCHEMICALS


IPCL clocks 135 pc rise in net; to pay Rs 2.25
"We are delighted with the complete turnaround in IPCL's performance in the very first year of acquisition by Reliance," says Mr Mukesh Ambani, Chairman. More

Widened focus, key factor in IPCL operating performance
IF there is one factor that stands out in Indian Petrochemicals Corporation Ltd's (IPCL) performance in 2002-03, it is the widened focus of the company on all its business compared to just polymers hitherto. In its public sector days, IPCL was ... More

BREWERIES


Praj clocks steep rise in operating profit
THE Pune-based Praj Industries Ltd, providers of solution to the brewery industry, has recorded growth in turnover and operating profit for the year ended March 31, 2003. Speaking to newspersons, Mr Pramod Chaudhari, Chairman and Managing ... More

PERSONAL PRODUCTS


Gillette Q1 net up at Rs 8.17 cr
GILLETTE India Ltd has announced a net profit after tax of Rs 8.17 crore for the first quarter ended March 31, 2003 as against a net loss of Rs 2.59 crore in the first quarter of fiscal 2002. The company recorded a profit before interest and ... More

HCV/LCV/TRACTORS


Punjab Tractors net falls 56 pc in Q4
PUNJAB Tractors Ltd, the second largest tractor manufacturer in the country, informed the Bombay Stock Exchange (BSE) on Tuesday that its net profit in the fourth quarter of the fiscal 2002-03 fell by 56 per cent to Rs 7.5 crore compared to Rs ... More

SOFTWARE


Geometric net up 27 pc in Q4
GEOMETRIC Software Solutions has recorded a 27.8 per cent increase in net profit, at Rs 4.8 crore, for the quarter ended March 31, 2003, over the Rs 3.75 crore recorded during the corresponding quarter of the previous year. The company's growth ... More

Hexaware Q1 net up 31 pc
HEXAWARE Technologies has recorded consolidated revenues of Rs 66.69 crore in the first quarter ended March 31, 2003. This represented a 31 per cent jump on revenues of Rs 50.91 crore posted in the first quarter of 2002. The consolidated net ... More

PAPER, BOARD & NEWSPRINT


JK Paper net up at 9.74 cr
NEW DELHI: JK Paper Ltd has reported a net profit of Rs 9.74 crore for the third quarter ended March 31, 2003 as compared to a net profit of Rs 4.56 crore in the corresponding period of the previous year. The turnover of the company stood at Rs ... More
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