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Thursday, January 24, 2002

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CORPORATE RESULTS

HOTELS


Indian Hotels Co total income drops 21 pc
INDIAN Hotels Company Ltd (IHCL) on Wednesday reported a sharply reduced profit-after-tax of Rs 6.01 crore for the quarter ended December 31, 2001 (Q3), as against the previous corresponding period PAT of Rs 36.15 crore. The third-quarter ... More

PERSONAL PRODUCTS


Colgate net rises 30 pc in Q3
COLGATE-Palmolive (India) Ltd has ended the third quarter with a 30-per cent increase in net profit at Rs 15.9 crore against Rs 12.2 crore in the year-ago period. The company's efforts at "across-the-board cost improvements'' and higher ... More

HCV/LCV/TRACTORS


Eicher net up at Rs 3.2 lakh
TRACTOR, motorcycle and components maker Eicher Ltd on Wednesday said it turned around in October-December to make a net profit of Rs 3.2 lakh as against a loss of Rs 9.3 crore made in the corresponding period of last year. But for a ... More

SOFTWARE


VisualSoft Q3 net plummets
VISUALSOFT Technologies Ltd. has recorded total revenues of Rs 26.04 crore and a net profit of Rs 5.53 crore as against revenues of Rs 41.65 crore and a net profit of Rs 20.64 crore during the corresponding quarter last year. For the nine ... More

InfoTech Q3 net up 71pc
INFOTECH Enterprises Ltd, the city-based software solutions major, has posted a higher growth than the industry average during the third quarter of current fiscal year ended December 31. The company achieved a growth of 92.46 per cent in total ... More

HOUSING FINANCE


Corpbank Homes profit up
MANGALORE: Corpbank Homes, a wholly-owned subsidiary of Corporation Bank, has registered cumulative sanctions of Rs 172.17 crore and cumulative disbursements of Rs 155.78 crore as of the end of December 2001. The sanctions and ... More

PAINTS


Diwali sales boost Asian Paints
DIWALI and a cut in prices of select products helped Asian Paints Ltd to increase sales and better its bottom line in the third quarter. The company has reported a 33.8 per cent rise in net profit at Rs 34.34 crore (Rs 25.66 crore) Mr Ashwin ... More

PUBLIC SECTOR BANKS


Corpn Bank Q3 net up 10.24 pc
MUMBAI: The Mangalore-based Corporation Bank has recorded a 10.24 per cent rise in net profit for the quarter ended December 31, 2001, at Rs 91.45 crore as compared to Rs 82.96 crore in the corresponding period in the previous ... More

Andhra Bank turnover, net up
HYDERABAD: Andhra Bank has posted a total income of Rs 575.41 crore, operating profit of Rs 125.89 crore and a net profit of Rs 46.78 crore for the third-quarter of the current fiscal ended December 31, 2001, as against a turnover of Rs ... More

FINANCIAL INSTITUTIONS


PNB Gilts net up
NEW DELHI: PNB Gilts Ltd has registered net profits of Rs 83.62 crore for the first nine months of 2001-02 compared to Rs 18.85 crore for the same period last year. However, net profits for the three months ended December 2001 ... More

BROADBAND


Aksh Optifibre Q3 net down at Rs 1.39 crore
OPTICAL fibre and cable manufacturer Aksh Optifibre Ltd on Wednesday said its net profit for the third quarter of the current fiscal fell over 51 per cent to Rs 1.395 crore as against Rs 2.885 crore a year earlier. But on a cumulative basis ... More
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Top Stories
Parle Agro mulls product expansion


UB forges pact with S&N; plans strategic buys

Bharti Tele prices IPO at Rs 45

Govt plans base price for basmati exports

VAT switchover to take one more year

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Jan. 13-Jan. 19
Moser Baer posts Rs 62-cr net in Q3, expects revenues to double

Indian Bank operating profit up

Wipro posts 17 pc rise in Q3 net


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