ANCO COMMUNICATIONS LIMITED
Article Abstract:
Anco Communications Limited of Bangalore has announced its audited financial results for the year ended March 31, 1998. (rk) ------------------------------------------------------------ Audited financial results of Anco Communications Limited ------------------------------------------------------------ Particulars Year ended March 31 (Rs in lakh) 1998 1997 ------------------------------------------------------------ Net sales 2,206.88 1,110.86 ------------------------------------------------------------ Lease rentals 39.18 - ------------------------------------------------------------ Other income 24.49 38.22 ------------------------------------------------------------ Expenditure 1,943.51 929.36 ------------------------------------------------------------ Interest 187.75 113.32 ------------------------------------------------------------ Post-interest gross profit 139.29 106.40 ------------------------------------------------------------ Depreciation 55.55 46.73 ------------------------------------------------------------ Pre-tax profit 83.74 59.67 ------------------------------------------------------------ Tax 13.00 8.00 ------------------------------------------------------------ Net profit 70.74 51.67 ------------------------------------------------------------ Equity 400.30 400.30 ------------------------------------------------------------ Reserves 290.12 219.38 ------------------------------------------------------------
Comment:
Posts net profit of Rs70.74 lakh for year ended 3/31/98, up compared to Rs51.67 lakh in 1997
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
TTL TO LAUNCH OPERATIONS IN HYDERABAD SOON
Article Abstract:
Tata Teleservices Ltd, a joint venture between the Tata group, Bell Canada International and American International Group, is expected to commence its private basic telephony services in Hyderabad within a few weeks. The company says that it has cleared its dues and is waiting for clearance from the department of telecommunications to start the services. It launched TataTel Swagatham, its direct marketing effort for general wireless connections, a few days ago. It will be offering basic telephony, leased lines, ISDN, voice mail, centrex and data services. The company has, in its first phase of network deployment, set up a Remote Integrated Switching Line Unit at Hi-Tec City. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
User Contributions:
Comment about this article or add new information about this topic: