Financial Daily from THE HINDU group of publications
Friday, July 25, 2003
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CORPORATE RESULTS

CEMENT


ACC net rises on better price realisation
ASSOCIATED Cement Companies Ltd (ACC) has reported a 122 per cent increase in net profit at Rs 44.14 crore in the first quarter ended June 30, 2003, as against Rs 19.84 crore in the previous corresponding quarter. Net income from operations ... More

CHEMICALS


Colour-Chem profit down 40 pc
COLOUR-Chem Ltd has posted a 40-per cent drop in its net profit at Rs 3.75 crore for the quarter ended June 30, 2003 as against Rs 6.27 crore in the corresponding period last year. According to Mr K.J. Bharucha, Vice-Chairman and Managing ... More

Tata Chem Q1 net zooms 42 per cent
TATA Chemicals Ltd (TCL) on Thursday reported a 42.69 per cent rise in profit after tax to Rs 48.53 crore for the quarter ended June 30, 2003, from Rs 34.01 crore reported in the corresponding period the previous year. The company's net ... More

PHARMACEUTICALS


Nicholas Piramal net lower at Rs 25.21 cr
NICHOLAS Piramal India Ltd (NPIL) has posted a dip in net profit at Rs 25.21 crore for the quarter ended June 2003 as against Rs 31.15 crore in the corresponding period last year. According to the company, the results for the quarter are not ... More

  • Orchid Chem net rises to Rs 7.57 cr
  • JB Chemicals clocks 8 pc rise in net

    SHIPPING


    Strong freight rates push GE Shipping net up 227 pc in Q1
    FUELLED by the demand-driven growth in bulk freight rates, Great Eastern Shipping Co Ltd (GESCO), the country's largest private shipping company, has posted a 227 per cent increase in net profit in the first quarter of the current fiscal, ... More

    STEEL


    Jisco Q1 net doubles on higher exports
    JINDAL Iron and Steel Company Ltd (Jisco) has ended the first quarter of 2003-04 with a 109 per cent increase in net profit at Rs 20.31 crore compared with year-ago profits of Rs 9.7 crore. Higher exports at a time where steel prices, ... More

    TEXTILES


  • Indo Rama Synth Q1 net down 92%

    SOFTWARE


    Satyam net up 12 pc in Q1
    REVISING its revenue guidance upwards to 18-20 per cent for the year in dollar terms, Satyam Computer Services Ltd has announced it has recorded a total income of Rs 570.35 crore and a net profit of Rs 121.49 crore for the first quarter ended ... More

    NBFCS


    Tata Finance posts Rs 1.2-cr Q1 net — "Tatas open to bank takeover"
    THE Tatas are open to taking over a bank but not until the ownership laws change. "Financial services is a business we are keen on. We already have an insurance venture, an NBFC and run a mutual fund. However, it is not feasible to enter banking ... More

    PACKAGING


    Essel Propack net up at Rs 17 cr
    ESSEL Propack Ltd in its consolidated results has reported a net profit of Rs 16.9 crore for the quarter ended June 30, 2003 as compared to Rs 13.8 crore for the year-ago period. Total income increased to Rs 150.8 crore (Rs 115.1 crore). The ... More

    PUBLIC SECTOR BANKS


    Other income boosts SBI net by 19.69 pc
    A SIGNIFICANT increase in other income has enabled State Bank of India (SBI) to report a 19.69 per cent growth in net profit at Rs 913.50 crore for the first quarter ended June 30 compared to Rs 763.30 crore in the corresponding previous ... More
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    Looking back
    Jul. 13-Jul. 19
    Hughes Soft Q1 net rises 245 pc

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