BFL NET JUMPS 122% IN Q3
Article Abstract:
According to the audited financial results for the 3 months of October-December 1998, BFL Software recorded a 122 percent rise in its net profit at Rs6.27 crore (an unaudited net profit of Rs2.82 crore in the same period of 1997). Its income increased by 96 percent at Rs24.93 crore (Rs12.66 crore). Its other income was Rs52.35 lakh (Rs36.38 lakh). Its expenditure was Rs17.06 crore (Rs8.95 crore). BFL Software hopes to make a turnover of Rs100 crore in the full 1998-99. BFL Software is involved in software business. (ag/kvr)
Comment:
According to the audited financial results for the 3 months of October-December 1998, BFL Software recorded a 122 percent rise in its net profit at Rs6.27 crore (an unaudited net profit of Rs2.82 crore in the same period of 1997).
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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KIRLOSKAR AAF NCD
Article Abstract:
The non-convertible debenture issue of Rs1 crore of Kirloskar AAF Ltd has been downgraded from A- (adequate safety) to BBB (moderate safety) by the Credit Analysis & Research Ltd. Its core business of turnkey projects has been hit by falling income and higher gearing. (rk) (kvr)
Comment:
The non-convertible debenture issue of Rs1 crore of Kirloskar AAF Ltd has been downgraded from A- (adequate safety) to BBB (moderate safety) by the Credit Analysis & Research Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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