The Hindu Business Line : Saturday, May 08, 2004

STEEL
Man Industries net increases
MUMBAI: MAN Industries (India) Ltd, saw pipe manufacturer, has ended the year with a 213 per cent increase in net profit at Rs 39.12 crore. Net sales for the year ended March 2004 were Rs 502 crore. Interest burden during the year came ... More

SOFTWARE
MRO-TEK net up 36 pc; to pay 20 pc
LAST-MILE access solution provider, MRO-TEK Ltd, has reported a 36 per cent jump in net profits and 14.5 per cent growth in its revenues for the year ended March 31, 2004 over last year. The company reported net profit of Rs 3.67 crore on ... More

NBFCS
Magma Leasing PAT more than doubles in '03-04 — Ties up funds for new business of Rs 1.352 cr
MAGMA Leasing Ltd has recorded a 130 per cent increase in its profit after tax at Rs 17.62 crore for the year ended March 31, 2004, up from the Rs 7.65 crore achieved in 2002-03. The company, involved in financing of cars & multi-utility ... More

OILSEEDS & EDIBLE OIL
Sanwaria Agro net up 41 pc
MUMBAI: Sanwaria Agro Oils Ltd (SAOL), one of the country's leading soyabean processor and refined soyabean oil maker, posted net sales of Rs 258.06 crore for the financial year 2003-04, recording a growth of 28.7 per cent, as compared to ... More

HOUSING FINANCE
HDFC net up 24.6% in Q4; to pay Rs 13.5
HOUSING Development Finance Corporation has reported a 24.6 per cent increase in net profit, year-on-year, for the quarter ended March 31, 2004. Net profit increased to Rs 297.97 crore (Rs 239.19 crore). Income from operations amounted to Rs ... More

PUBLIC SECTOR BANKS
SBM net up 52%; to pay 60 pc
STATE Bank of Mysore has reported a net profit of Rs 176.38 crore for the year 2003-04, up by 52 per cent over the last fiscal. It has also recommended a 60 per cent dividend. SBM's aggregate deposits grew 23.52 per cent during the fiscal to ... More

Dena Bank Q4 profit falls to Rs 58.39 cr
HIGHER provisions during the last fiscal have led Dena Bank Ltd to report a lower net profit for the fourth quarter, even as the bank's net profit jumped by 102 per cent for the financial year ended March 31, 2004. The bank's net profit for the ... More

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