IPCA LABORATORIES LIMITED
Article Abstract:
Ipca Laboratories Limited has announced a dividend of 50 percent for the year ended March 31, 1998. (gsh) --------------------------------------------------------- Audited Financial Results: Ipca Laboratories Limited (Rs in crore) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Sales/operating income 291.72 270.83 --------------------------------------------------------- Other income 0.19 0.36 --------------------------------------------------------- Total income 291.91 271.19 --------------------------------------------------------- Total expenditure 254.27 236.00 --------------------------------------------------------- Financial cost 12.14 11.76 --------------------------------------------------------- Gross Profit 25.50 23.43 --------------------------------------------------------- Depreciation 6.10 5.22 --------------------------------------------------------- Pre-tax profit 19.40 18.21 --------------------------------------------------------- Taxation 0.75 1.15 --------------------------------------------------------- Net profit 19.45 17.06 --------------------------------------------------------- Paid-up equity capital 12.50 12.50 --------------------------------------------------------- Reserves excluding revaluation reserve 114.60 102.02 --------------------------------------------------------- Earnings per share (Rs) 15.56 13.65 ---------------------------------------------------------
Comment:
Declares 50% dividend for year ended 3/31/98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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ON A STRONG COMEBACK TRAIL - PARKE DAVIS INDIA LTD
Article Abstract:
Parke Davis India Ltd (PDIL) has posted a 50 percent increase in net profit in the third quarter ended December 31, 1998. It is likely to post a higher net profit as its first nine months net profit is equal to net profit earned in 1997-98. PDIL is a subsidiary of Warner Lambert of the US. Warner Lambert is planning to be an anti-AIDS drug major in the world. It is likely to market its product through PDIL. It may increase its stake in PDIL. PDIL plans to raise funds through sale of real estate in Saki Naka in Mumbai. It has recently implemented voluntary retirement scheme to reduce workforce. (rk)(m)
Comment:
Parke Davis India Ltd (PDIL) has posted a 50 percent increase in net profit in the third quarter ended December 31, 1998.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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JB CHEMICALS DECLARES 1:1 BONUS
Article Abstract:
JB Chemicals and Pharmaceuticals (JBCP) plans to offer its shareholders one bonus share for every share held. JBCP has declared a 50 percent dividend for 1997-98 (40 percent in 1996- 97). Its net profit increased by 37 percent to Rs27.05 crore (Rs19.81 crore). Its earnings per share is estimated at Rs37. Sales increased by 18.2 per cent to Rs189.21 crore (Rs160.22 crore). Exports accounted for 44 percent of the total sales at Rs84.01 crore (Rs72.33 crore). (vv)
Comment:
Reports increase in net profit by 37% to Rs27.05 crore
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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