Financial Daily from THE HINDU group of publications
Saturday, April 27, 2002
Markets (April 26)
BL 2501131.14 (-2.90)
BSE Sensex3371.70 (+12.06)
S&P CNX Nifty1097.40 (+3.10)
Dollar (Buy/Sell)48.93/49.06
Gold Std (10 gm)5135 (+45)

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CORPORATE RESULTS

CHEMICALS


Hikal Q4 net up at Rs 6.83 crore
HIKAL Ltd has reported a net profit of Rs 6.83 crore for the fourth quarter ended March 31, 2002, as against Rs 5.13 crore in the year-ago period. Net sales for the fourth quarter were Rs 37.93 crore, 23 per cent higher than Rs 30.85 crore ... More

CONSUMER ELECTRONICS


Philips posts Rs 19-cr net in Q1
PHILIPS India Ltd has registered a net profit of Rs 19.08 crore for the first quarter ended March 31, 2002 as against a net loss of Rs 6.36 crore in the corresponding quarter in the previous year. Sales and income from operations have increased ... More

PETROLEUM


19 per cent rise in GAIL net profit
GAS Authority of India Ltd (GAIL) has recorded a net profit of Rs 321 crore and sales of Rs 2,663 crore for the fourth quarter of fiscal 2001 ended March 31, 2002, according to an official statement. In the corresponding period in the ... More

PHARMACEUTICALS


Sun Pharma Q4 net up 28.9 pc
SUN Pharmaceuticals Industries Ltd has registered a 27.5 per cent rise in net profit at Rs 172.34 crore in the year ended March 31, 2002 as against Rs 135.18 crore in the corresponding period last year. Total sales went up by 22.3 per cent to ... More

Sun Pharma: The horizon may brighten further
SUN Pharma recorded an impressive growth in sales and net profit for the financial year 2001-02. While the company's performance in the domestic formulations market in 2001-02 was impressive, the rapidly improving performance of its US associate ... More

Glaxosmithkline Pharma net up 49% in first quarter
GLAXOSMITHKLINE Pharmaceuticals Ltd has registered a 49 per cent rise in net profit at Rs 22.79 crore in the first quarter ended March 31, 2002 as against Rs 15.28 crore in the corresponding period last year. Net sales went up marginally by ... More

CIGARETTES


VST net at Rs 37 cr
HYDERABAD: VST Industries Ltd has reported a net profit of Rs 36.98 crore during 2001-02 against Rs 27.50 crore in the previous year. It posted a sales turnover of Rs 679.97 crore (Rs 755.82 crore). Expenditure declined to Rs 618.02 ... More

TWO/THREE WHEELERS


Victor revs up TVS Q4 net
THE five-fold increase in the net profit for the fourth quarter of the year ended March 31,2002 has boosted TVS Motor Company's annual profits. The last quarter's profit (Rs 23.19 crore) alone amounted to 43 per cent of the company's annual net ... More

HOUSING FINANCE


Can Fin Homes net up at Rs 20 cr
BANGALORE: Can Fin Homes Ltd has posted a net profit of Rs 19.81 crore for the fiscal ended March 31, 2002. The Q4 net rose to Rs 5.54 crore. The board has recommended a dividend of 25 per cent. Loan sanctions in 2001-02 touched Rs ... More

PACKAGING


Essel Propack net up 14.7%
MUMBAI: Essel Propack Ltd has reported a 14.7 per cent increase in net profit at Rs 10.9 crore for the first quarter of 2002 as compared to Rs 9.5 crore a year-ago. Net sales was Rs 59 crore (Rs 57.8 crore) and other income was Rs 1.7 ... More
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