KAJARIA CERAMICS LIMITED
Article Abstract:
Kajaria Ceramics Ltd of New Delhi has declared its audited financial results for the year ended March 31, 1998. It has recommended a dividend of 20 percent for 1997-98. The company's new 70,000 tonnes unit at Bhiwadi started production with effect from March 3, 1998. Its unit at Sikandrabad operated at 114 percent capacity in 1997-98. (khr) --------------------------------------------------------- Audited Financial Results of Kajaria Ceramics Ltd --------------------------------------------------------- Particulars (Rs in lakh) 1997-98 1996-97 --------------------------------------------------------- Gross sales 13,622 13,020 --------------------------------------------------------- Other income 4 18 --------------------------------------------------------- Total expenditure 9,963 9,366 --------------------------------------------------------- Interest 1,390 813 --------------------------------------------------------- Gross profit after interest 2,273 2,859 --------------------------------------------------------- Depreciation 615 540 --------------------------------------------------------- Tax 175 300 --------------------------------------------------------- Net profit 1,483 2,019 --------------------------------------------------------- Equity share capital 1,471 1,471 --------------------------------------------------------- Reserves 8,720 7,561 ---------------------------------------------------------
Comment:
Reports decline in net profit from Rs2,019 lakh in 1996-97 to Rs1,483 lakh for year ending 3/31/98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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KAJARIA CERAMICS LIMITED
Article Abstract:
Kajaria Ceramics Ltd of Sikandrabad in Uttar Pradesh has declared its unaudited financial results for the quarter ended June 30, 1998. (khr) --------------------------------------------------------- Unaudited Financial Results of Kajaria Ceramics Ltd --------------------------------------------------------- Particulars Quarter ended Year ended (Rs in lakh) 30.6.1998 31.3.1998 * --------------------------------------------------------- Gross sales 3,512 13,622 --------------------------------------------------------- Other income 8 4 --------------------------------------------------------- Total expenditure 2,292 9,963 --------------------------------------------------------- Interest 592 1,390 --------------------------------------------------------- Gross profit 636 2,273 --------------------------------------------------------- Depreciation 285 615 --------------------------------------------------------- Tax - 175 --------------------------------------------------------- Net profit 351 1,483 --------------------------------------------------------- Equity share capital 1,471 1,471 --------------------------------------------------------- Reserves - 8,720 --------------------------------------------------------- * Audited ---------------------------------------------------------
Comment:
Posts gross sales of Rs13,622 lakh for FY 1997-1998
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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SPARTEK TURNS AROUND WITH Rs50.49-LAKH NET PROFIT IN Q2
Article Abstract:
Spartek Ceramics India Ltd (SCIL) posted gross sales of Rs13.57 crore in the second quarter of 1998-99 (Rs11.34 crore in the corresponding period of 1997-98). Its net profit was Rs50.49 lakh (loss of Rs96.40 lakh). Its sales were Rs24.36 crore in the first half of 1998-99 (Rs22.90 crore in the same period of 1997-98). In the first half of 1998-99, SCIL made a net profit of Rs96 lakh (loss of Rs2.15 crore). Its ceramic tiles unit at Tirupati increased production by 42 percent and cut costs by 13.4 percent. (rk)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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