EVEREADY IND EARNS HIGHER NET
Article Abstract:
Eveready Industries India Ltd has recorded a net profit of Rs2.7 crore for the third quarter ended December 31, 1998 (Rs2.3 crore for the third quarter ended December 31, 1997). Its sales declined to Rs172.5 crore (Rs185.5 crore). Its interest cost is Rs10.5 crore (Rs11.8 crore). Its gross profit is Rs8.2 crore (Rs7.1 crore). It posted sales of Rs510.6 crore and an other income of Rs10 crore in the nine months ended December 31, 1998. (rk)(m)
Comment:
Eveready Industries India Ltd has recorded a net profit of Rs2.7 crore for the third quarter ended December 31, 1998 (Rs2.3 crore for the third quarter ended December 31, 1997).
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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INDO RAMA SYNTHETICS POSTS Rs87-CRORE LOSS
Article Abstract:
Indo Rama Synthetics (IRS) has incurred a net loss of Rs87 crore in 1997-98 (a net loss of Rs3.19 crore in 1996-97). The poor performance has been attributed to the downtrend in the polyester industry and the South-East Asian crisis. The company has posted a 24 percent in rise in its total sales to Rs1,453 crore for the year (Rs1,170 crore). Its export turnover was Rs427 crore (Rs248 crore). (gs)
Comment:
Incurs net loss of Rs87 crore in 1997-98, as against net loss of Rs3.19 crore in 1996-97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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