Financial Daily from THE HINDU group of publications
Wednesday, Feb 19, 2003
Financial Daily from THE HINDU group of publications Wednesday, Feb 19, 2003 |
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Corporate Results
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Diversified Corporate - Financial Performance FAL Industries posts lower net Our Bureau
CHENNAI, Feb. 18 FAL Industries Ltd has reported a lower net profit of Rs 38 lakh for the third quarter of the current year, as against Rs 41.27 lakh in the corresponding quarter of last year. However, in the first nine months of the current year, the company's net profit, at Rs 51.90 lakh, was higher than Rs 43.39 lakh achieved in the same period last year. The nine-month net profit is also higher than the Rs 43.58 lakh the company achieved in the whole of last year.
In the third quarter of 2002-03, the company's turnover was Rs 19.42 crore, marginally lower than Rs 20.34 crore in the same period last year.
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