![]() Financial Daily from THE HINDU group of publications Saturday, July 19, 2003 |
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CORPORATE RESULTS PETROLEUM Gulf Oil net up at Rs 5.59 cr Gulf Oil Corporation Ltd has reported a net profit of Rs 5.59 crore for the first quarter ended March 31, 2003, primarily because deferred tax credit of Rs 7.60 crore. The profit is 35.67 per cent higher than Rs 4.12 crore net profit recorded ... More SHIPPING Essar Shipping net higher at Rs 30.28 cr in Q1 ESSAR Shipping Ltd has notched up a net profit of Rs 30.28 crore in the first quarter of the current fiscal, as against Rs 3.31 crore during the corresponding period of last fiscal. The net profit was after providing a book loss on sale of a ... More TEXTILES Raymond net zooms in Q1 Raymond today announced improved profits for the first quarter ended June 30, 2003. Net profit for the April-June quarter rose 385 per cent to Rs 20.92 crore (Rs 4.31 crore) after providing for tax Rs 5.50 crore (Rs 1.92 crore). According to ... More AUTOMOBILE COMPONENTS Sona Koyo PBT rises in Q1 Sona Koyo Steering has recorded a 183 per cent growth in its profit before tax (PBT) for the first quarter of current fiscal. The company's profit before tax has increase from Rs 1.42 crore recorded in the quarter ended June 2002 to Rs 4.02 crore ... More TWO/THREE WHEELERS
TVS Motor Q1 net up on Victor salesTVS Motor Company has reported a net profit of Rs 32.08 crore in the first quarter of the current year, which is 19.79 per cent higher than the Rs 26.78 crore the company achieved in the corresponding quarter of last year. Sales of TVS Victor ... More HARDWARE Macromedia Digital to expand operations MACROMEDIA Digital Imaging, a Hyderabad-based firm addressing the digital printing and the outdoor industry signages, has commissioned its third new Scitex Vision printing machine, and is planning to expand operations by locating a major centre ... More SOFTWARE
Wipro Q1 net drops 9 pc sequentially Growth will continue to be volume-led: PremjiWIPRO Ltd said its net profit for the April-June quarter of the current financial year dropped nine per cent sequentially over a three per cent slide in revenues. The net profit stood at Rs 206 crore (Rs 225.4 crore in Q4 2002) over revenues ... More HOUSING FINANCE HDFC posts 22 pc rise in Q1 net HOUSING Development Finance Corporation (HDFC) has announced an increase of 22 per cent in net profit, at Rs 167.76 crore, for the quarter ended June 30, 2003. The company had reported a net profit of Rs 137.3 crore during the corresponding ... More PUBLIC SECTOR BANKS PSB operating profit up 72 pc PUNJAB & Sind Bank has recorded a 71.55 per cent growth in its operating profit for the year ended March 2003 to Rs 280.81 crore as against Rs 163.70 crore during the previous financial year. The bank has recorded a net profit of Rs 4.43 crore ... More
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