The Hindu Business Line : Thursday, April 24, 2003

Reliance Q4 net rises to Rs 1,101 cr — Market unimpressed
RELIANCE Industries Ltd, said its net profit for the fourth quarter ended March 31, 2003, rose 41 per cent to Rs 1,101 crore. During the same period last year, the company had made a profit of Rs 835 crore. The company has proposed a dividend ... More

Reliance: Profitability under pressure in Q4
It is interesting to note that interest costs have actually declined, both during the quarter and the year meaning that the pressure on profits has been entirely from manufacturing and raw material expenditure. More

TELECOMMUNICATIONS

Bharti Tele posts Q4 profit; annual losses up
BHARTI Tele-Ventures Ltd. has swung into profit in the fourth quarter of fiscal 2002-03, registering a net profit of Rs 25.57 crore, as against a loss of Rs 63.92 crore in the corresponding period in the previous year, even as its annual losses ... More

HARDWARE

Moser-Baer net up 14%; guidance at 30 pc
"While in the near term, strong demand for optical media and firm prices continue to be the positive influences on the industry, a sustained appreciation of the rupee will have a negative influence on our business," said Mr Rakesh Govil, Head Corpora te Strategy and Treasury. More

PAPER, BOARD & NEWSPRINT

BILT: Staying behind its peers
FOR yet another quarter, Ballarpur Industries Ltd (BILT) has turned in earnings numbers that are modest in comparison to other players in the industry. A combination of flat revenue growth (1.5 per cent) and a sharp spurt in tax outgo has ensured ... More

CERAMICS

Regency Ceramics net up 49 pc
REGENCY Ceramics Ltd (RCL), the Hyderabad-based ceramic tiles manufacturer, has registered a significant growth of 49.36 per cent in net profit and 17.5 per cent in turnover for the fiscal year ended March 31, 2003. According to the unaudited ... More

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