The Hindu Business Line : Thursday, July 24, 2003

Visaka Ind Q1 net up
VISAKA Industries Ltd, engaged in the production of asbestos cement products and synthetic blended yarn, has posted a sales turnover of Rs 37.24 crore, other income of Rs 1.89 crore and a net profit of Rs 2.26 crore for the quarter ended June 30. ... More

TELECOMMUNICATIONS

BSNL revenues at Rs 5,500 cr in Q1
DESPITE the increase in competition and fall in tariff rates, Bharat Sanchar Nigam Ltd (BSNL) has managed to notch up Rs 5,500 crore in revenues during the first quarter of this fiscal, more or less at the same level as in the previous ... More

Bharti Tele-Ventures in profit zone — First quarter revenue up 92 pc; cash profit trebles
The increased usage on our networks as well as a very tightly managed business has enabled us to sail confidently through uncertain times, says Mr Sunil Mittal. More

CHEMICALS

Clariant net rises 15 pc, to pay Rs 10
CLARIANT India Ltd has registered a 15 per cent rise in net profit at Rs 5.92 crore as against Rs 5.11 crore in the corresponding period last year. The board of directors has recommended a dividend of Rs 10 per share as against Rs 7.5 paid in ... More

STEEL

Tata Steel bags Proton order — Q1 net up 315 pc at Rs. 267 cr
INDIAN automotive grade steel will soon make its debut in overseas supply to the global automobile industry with Tata Steel today disclosing receipt of an order from Malaysian car manufacturer, Proton, to initially meet 5 per cent of that ... More

TEXTILES

Indo Rama posts profit in Q1

PERSONAL PRODUCTS

FMCG drives Dabur net up 36 pc in Q1
DABUR India Ltd (DIL) has clocked a net profit growth of 36 per cent and a 13 per cent growth in sales for the first quarter ended June 30, 2003. Powered by a robust growth in the FMCG segment — the turnover of DIL increased from Rs 266 ... More

CARS

Maruti Q1 net spurts 10-fold to Rs 123 cr
MARUTI Udyog Ltd (MUL) today said that its net profit has risen 10-fold in the first quarter ended June 30 to Rs 123.2 crore from Rs 11.5 crore a year ago, driven by increased sales, aggressive cost-cutting and enhanced productivity. This is ... More

AIR-CONDITIONERS & REFRIGERATORS

Blue Star net up 11.3 pc
CENTRAL air-conditioning and commercial refrigeration major Blue Star Ltd has reported a total income of Rs 142.48 crore for the quarter ended June 30, 2003, a year-on-year growth of 19.5 per cent. Net profit increased to Rs 2.65 crore, a ... More

SOFTWARE

VisualSoft Q1 net up 26%
VISUALSOFT Technologies Ltd has recorded total income of Rs 35.47 crore and net profit of Rs 9.02 crore for the quarter ended June 30, 2003, registering an increase of 22.21 per cent in income and 26.25 per cent in profit over the corresponding ... More

Project delays hit Infotech numbers
INFOTECH Enterprises Ltd has suffered a drop in both net profit and total income for the quarter ended June 30, 2003. It recorded total income of Rs 28.09 crore and net profit of Rs 1.88 crore for the quarter against total income of Rs 29.60 ... More

Subex Q1 net rises 56 pc
SUBEX Systems Ltd, a Bangalore-based telecom software company said on Wednesday that its net profits and revenues for June quarter in the current fiscal grew by 56 per cent and 32 per cent respectively over corresponding quarter previous year. ... More

INTERNET

Metaljunction.com transactions triple in Q1
THE value of transactions in Metaljunction.com Pvt Ltd - a 50:50 joint venture between Tata Steel and Steel Authority of India Ltd, which is engaged in providing e-business services and solutions to the steel industry - during the first ... More

PAINTS

Asian Paints Q1 net flat at Rs 28.79 cr
ASIAN Paints Ltd (India) Ltd has reported a flat growth in its net profit at Rs 28.79 crore for the first quarter ended June 30, 2003 compared to Rs 28.83 crore during the corresponding period last year. The company's net sales have recorded a ... More

PUBLIC SECTOR BANKS

Vijaya Bank Q1 net up 98 pc
STATE-owned Vijaya Bank said its net profit for April-June quarter jumped 98.43 per cent to Rs 80.90 crore from Rs 40.77 crore a year ago. Total income for the bank surged to Rs 602.68 crore in the latest quarter, up 30.67 per cent from Rs ... More

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