Financial Daily from THE HINDU group of publications
Wednesday, April 24, 2002
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CORPORATE RESULTS

INVESTMENT BANKING


Reliance Capital Q4 net at Rs 25.75 cr
RELIANCE Capital Ltd (RCL), holding company of Reliance General Insurance Company and Reliance Life Insurance Company, has reported a net profit of Rs 25.75 crore for the fourth quarter ended March 31, 2002 marginally lower than Rs 27.50 crore ... More

FINANCIAL SERVICES


PNB Gilts net rises 140 pc; to pay 24 pc
PNB Gilts Ltd has recorded net profits of Rs 112.59 crore in 2001-02, a 140 per cent increase from Rs 47.05 crore the previous fiscal. The company has announced a dividend of 24 per cent. The total income, however, grew by 4 per cent to touch ... More

CEMENT


ACC net zooms 128%; to pay Rs 3 dividend
ACC has reported a 128 per cent increase in profit, riding on a 10 per cent increase in total income for the year ended March 31, 2002. The company has announced a dividend of 30 per cent, at Rs 3 per share. Profit after tax rose to Rs 130 ... More

ACC: Riding on strong volumes
ACC has turned in a fairly impressive show in fiscal 2001-02 on the back of strong volume growth and some efficiency gains. The `strategic alliance' that has been in place with Gujarat Ambuja Cements has clearly helped bring about a sea change in ... More

ELECTRONICS


Siemens Q2 net up at Rs 25.15 cr
MUMBAI: Siemens Ltd on Tuesday reported a rise in net profit for the quarter ended March 31 (Q2), to Rs 25.15 crore from the previous corresponding Rs 22.72 crore. For the first half (H1), its net profit rose to Rs 45.62 crore from the ... More

PETROCHEMICALS


Reliance Q4 net dips 11.5% to Rs 672 cr
RELIANCE Industries Ltd (RIL) has reported an 11.46 per cent fall in net profit at Rs 672 crore for the fourth quarter ended March 31, 2002, which, analysts said, reflected the pressure on the company's margins. For the fourth quarter of the ... More

Reliance: Looking at the fine print
RELIANCE Industries' numbers for the year ended March 31, 2002, may appear pretty at first glance. But lift the veil of extraordinary income and the true face of the earnings performance that comes into view would look anything but that. ... More

PETROLEUM


Reliance Petro Q4 net up 5.5% at Rs 405 cr
RELIANCE Petroleum Ltd (RPL) has reported a 5.46 per cent rise in net profit at Rs 405 crore for the fourth quarter ended March 31, 2002 over Rs 384 crore in the corresponding previous period. Net sales were up to Rs 7,620 crore during the ... More

Castrol India net jumps 31.68 per cent
Castrol India Ltd has reported a 31.68 per cent jump in net profit for the first quarter ended March 31, at Rs 32.83 crore (Rs 24.93 crore). Net sales for the quarter were Rs 286.59 crore, 5.5 per cent lower than Rs 303.28 crore in the same ... More

PHARMACEUTICALS


German Remedies net drops 25 pc
GERMAN Remedies Ltd has registered a drop of about 25 per cent in net profit at Rs 24.91 crore for the year ended March 31, 2002 as against Rs 33.03 crore in the corresponding period last year. Net sales have come down to Rs 222.13 crore (Rs ... More

SOFTWARE


HCL Tech Q3 net up 2 pc -- Other income doubles to Rs 41.3 cr
A SPURT in other income and revenues from newly acquired businesses helped software major, HCL Technologies Ltd, show marginally improved financial for the third quarter ended March, 31, 2002 over the same period last year. The company declined ... More
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Wearing health on your sleeve


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Reliance Q4 net dips 11.5% to Rs 672 cr

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In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Apr. 14-Apr. 20
Net rises 87.52 pc at Rs 462.93 cr -- Hero Honda to pay a total dividend of Rs 17

Hind Lever sales dip 10 pc, net rises 26 pc in Q1

Wipro net profit up 32 pc; Q4 revenues down 6 pc


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