CONSOLIDATED COFFEE LIMITED
Article Abstract:
Consolidated Coffee Ltd of Pollibetta in Karnataka has declared its audited financial results for the year ended March 31, 1998. It has declared a dividend of 60 percent for 1997-98. Its earning per share was Rs12.49 (Rs14.25 in 1996-97). It has a paid-up equity share capital of Rs950.70 now. (khr) ------------------------------------------------------------ Audited financial results of Consolidated Coffee Ltd ------------------------------------------------------------ Particulars 1997-98 1996-97 (Rs in lakh) ------------------------------------------------------------ Total income 10,918.04 8,651.88 ------------------------------------------------------------ Expenditure 7,492.09 6,047.87 ------------------------------------------------------------ Interest 558.46 482.91 ------------------------------------------------------------ Post-interest 2,867.49 2,121.10 gross profit ------------------------------------------------------------ Depreciation 309.67 244.67 ------------------------------------------------------------ Tax 1,370.39 521.75 ------------------------------------------------------------ Net profit 1,187.43 1,354.68 ------------------------------------------------------------ Equity 950.70 950.70 ------------------------------------------------------------ Reserves 4,028.83 3,468.86 ------------------------------------------------------------ EPS (Rs) 12.49 14.25 ------------------------------------------------------------ Dividend (%) 60.00 60.00 ------------------------------------------------------------
Comment:
Reports increase in net profit to Rs1,187.43 lakh in 1997-98, as against Rs1,354.68 lakh in 1996-97
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:
COs GRADUATE TO THE BETTER HALF
Article Abstract:
A study by the Economic Times on the performance of 900 companies shows that many domestic companies have reported profits in the first half of 1998-99 after registering losses in the last few years. Some of the companies which have turned around are Armour Polymers which posted a net profit of Rs1.52 crore on sales of Rs16.47 crore in the first half of 1998-99 against a net loss of Rs2.25 crore on sales of Rs9.57 crore in the first half of 1997-98, Asian Coffee with a net profit of Rs1.09 crore on sales of Rs15.47 crore against a net loss of Rs0.75 crore on sales of Rs9.59 crore, Cochin Mineral with a net profit of Rs1.95 crore on sales of Rs25.32 crore against a net loss of Rs1.50 crore on sales of Rs8.80 crore and Supreme Petrochem with a net profit of Rs4.68 crore on sales of Rs177 crore against a net loss of Rs2.78 crore on sales of Rs134 crore. (khr)
Comment:
A study by the Economic Times on the performance of 900 companies shows that many domestic companies have reported profits in the first half of 1998-99 after registering losses in the last few years.
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:
CONSCOFE BREWING FIRST INDIAN COFFEE MULTINATIONAL
Article Abstract:
Consolidated Coffee (Conscofe), an Indian coffee company, plans to increase its coffee estate holdings both in India and abroad. Now, Conscofe has coffee estates in India only. It has coffee estates mainly in Karnataka. Karnataka contributes about two- thirds to the total coffee production in India. Conscofe has presence in all the segments of the consumer market. It plans to fund the setting up of a chair in plantation studies at the Indian Institute of Plantation Management. (ag)
Comment:
Plans to increase its coffee estate holdings both in India and abroad
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:
- Abstracts: MANGALAM CEMENT LIMITED SHREE CEMENT NON-CONVERTIBLE DEBENTURE. MANGALAM CEMENT: PARCHED FOR WANT OF RELIEF
- Abstracts: SANGAMESHWAR COFFEE ESTATES AND INDUSTRIES LIMITED ROSSELL OVERCOMES UTI BLOCK, TO SELL TEA ESTATES. MAC AGRO MAY SELL HUGE CHUNK OF COFFEE ESTATES
- Abstracts: HYDERABAD INDUSTRIES LIMITED STATE BANK OF HYDERABAD VISAKA INDUSTRIES LIMITED
- Abstracts: MUKUNDA INDUSTRIAL FINANCE LIMITED ESCORTS FINANCE INCOME RISES, BUT PROFITS DOWN KOTAK MAHINDRA NET DROPS 29%
- Abstracts: CIGARETTE Cos WILL FEEL THE PINCH CIGARETTE SALES DECLINE 4%. CIGARETTE FDIs REQUIRE CLEARANCE FROM JV Co