HYDERABAD INDUSTRIES LIMITED
Article Abstract:
Hyderabad Industries Limited (HIL) has declared a 25 percent dividend for 1997-98. HIL commenced production of Aerocon panels at Thimmapur in Andhra Pradesh and Faridabad in Haryana in the second half of 1997-98. (gsh) ------------------------------------------------------------ Audited Financial Results of Hyderabad Industries Ltd (Rs in lakh) ------------------------------------------------------------ Particulars 1997-98 1996-97 ------------------------------------------------------------ Net Sales 30,464.28 2,8421.50 ------------------------------------------------------------ Other Income 360.77 479.84 ------------------------------------------------------------ Total Expenditure 28,492.95 25,667.82 ------------------------------------------------------------ Interest 1,497.05 1,318.62 ------------------------------------------------------------ Gross Profit 835.05 1,914.90 ------------------------------------------------------------ Depreciation 499.28 367.32 ------------------------------------------------------------ Taxation 35.00 435.00 ------------------------------------------------------------ Net Profit 300.77 1,112.58 ------------------------------------------------------------ Paid-up equity share capital 717.17 717.17 ------------------------------------------------------------
Comment:
Declares a 25% dividend for 1997-98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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VISAKA INDUSTRIES LIMITED
Article Abstract:
Visaka Industries Limited, Secunderabad, has declared a dividend of 12.5 percent for 1997-98. Gross income for 1997-98 includes profit of Rs139 lakh from the sale of shares of Visaka Cement Industry Limited. (rk) --------------------------------------------------------- Audited Financial Results of Visaka Industries Limited (Rs in lakh) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Gross income 10,217.78 9,620.43 --------------------------------------------------------- Total expenditure 8,572.00 8,224.67 --------------------------------------------------------- Interest 821.48 759.09 --------------------------------------------------------- Gross profit 824.30 636.67 --------------------------------------------------------- Depreciation 322.53 271.21 --------------------------------------------------------- Taxation 50.81 38.37 --------------------------------------------------------- Net profit 450.96 327.09 --------------------------------------------------------- Equity 1,053.78 1,053.75 ---------------------------------------------------------
Comment:
Reports increase in net profit to Rs450.96 lakh in 1997-98 from Rs327.09 lakh in 1996-97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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STATE BANK OF HYDERABAD
Article Abstract:
State Bank of Hyderabad has posted a 85.15 percent growth in net profit to Rs97.12 crore in 1997-98. Its deposits have increased by 20.04 percent. Its operating profit has moved up by 24.81 percent to Rs286.25 crore. Its earnings per share has risen to Rs563 and the book value of the Rs100 face value share is Rs2257. (rk) --------------------------------------------------------- Financial Results of State Bank of Hyderabad (Rs in thousand) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Deposits 86,486,214 72,375,058 --------------------------------------------------------- Advances 46,301,908 40,410,024 --------------------------------------------------------- Investments 36,945,973 29,309,247 --------------------------------------------------------- Total income 12,048,472 11,017,172 --------------------------------------------------------- Total expenditure 11,077,320 10,492,652 --------------------------------------------------------- Net profit 971,162 524,530 ---------------------------------------------------------
Comment:
Posts 85.15% growth in net profit to Rs97.12 crore in 1997-98 & deposits have increased by 20.04%
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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