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Sunday, June 29, 2003

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CORPORATE RESULTS

PHARMACEUTICALS


Ajanta Pharma net marginally up
IMPROVED exports have contributed to Ajanta Pharma Ltd's net profits of Rs 2.26 crore for the financial year ended March 31, 2003 against Rs 2.04 crore in the same period last year. The company has reported net sales of Rs 102.75 crore, 21.57 ... More

AUTOMOBILE COMPONENTS


Sundram Fasteners net profit up; to pay Rs 12
SUNDRAM Fasteners Ltd has more than doubled its net profit for the fourth quarter of 2002-03 and sales went up by 23 per cent over the corresponding period of the previous year. It reported a net profit of Rs 13.61 crore on sales of Rs 126.44 ... More

HCV/LCV/TRACTORS


Bajaj Tempo posts Rs 32.17-cr PAT
BAJAJ Tempo Ltd, manufacturers of two and three-wheelers, has reported a whopping 1,910 per cent rise in profit after tax for the year ended March 2003. The company has recorded profit after tax of Rs 32.17 crore during 2002-03 as against Rs. ... More

Sell-offs boost Escorts' net
ESCORTS Ltd has reported an almost three time increase in net profit to Rs 24.04 crore for the fiscal ended March 31, 2003, as compared to Rs 8.13 crore in the previous fiscal. The company's total income, however, declined by about 15.2 per ... More

PRIVATE BANKS


ICICI Bank reports loss, higher net worth under US norms
"The increased net worth is due to the mark up of ICICI Bank's assets on fair valuation, goodwill and capital gains from the sale of ICICI Bank shares.'' More
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