Financial Daily from THE HINDU group of publications
Friday, April 18, 2003
Markets (April 17)
BL 2501009.19 (-14.66)
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MRF Q2 net up; to pay Rs 3 interim
MRF Ltd has reported a net profit of Rs 17.45 crore for the quarter ended March 31, 2003 - the second quarter. In the corresponding period of last year, it made a net profit of Rs 13.34 crore. However, in the quarter under review, there was ... More

TWO/THREE WHEELERS


Motorcycle foray helps LML prune loss
TWO-WHEELER manufacturer LML Ltd has posted a net loss of Rs 27.69 crore for the year ended March 31, 2003, compared to a net loss of Rs 44.39 crore in fiscal 2001-02. Riding on its successful foray into the motorcycles segment, the company's ... More

SOFTWARE


Wipro net drops despite strong revenue growth
WIPRO Ltd's net profit for 2002-03 slipped by seven per cent to Rs 820.5 crore but revenues were up 24.2 per cent at Rs 4,338.3 crore. The company has announced a dividend of Re 1 per share (50 per cent on face value of Rs 2). Net earnings for ... More

Sonata net falls 12%; to pay 50 paise
SONATA Software Ltd has failed to meet its financial 2002-03 earnings guidance. The company has reported a net profit of Rs 15.57 crore for FY03, a decline of 12 per cent over Rs 17.80 crore achieved a year ago. However, total income registered a ... More

Lanco Global net plunges
AGAINST the projected export revenues of Rs 24.31 crore for the financial year ended March 31, 2003, Lanco Global Systems Ltd (LGSL), the Hyderabad-based software solutions provider, could actually achieve only Rs 2.78 crore. Similarly, the ... More

INTERNET


Sify reports cash profit
SIFY Ltd has reported a reduced net loss of $3.09 million on sales revenues of $12.76 million for the fourth quarter ended March 31, 2003, compared to a net loss of $8.59 million on sales revenue of $8.42 million for the corresponding period ... More

PRIVATE BANKS


Lord Krishna Bank net seen at Rs 25 cr
THE net profit of Lord Krishna Bank is poised to touch Rs 25 crore as per the provisional figures available for the year 2002-03, up from the Rs 19.71 crore notched up during 2001-02. In a statement issued at the shifting of one of the bank's ... More
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