KALYANI SHARP INDIA LIMITED
Article Abstract:
Kalyani Sharp India Limited, Koregaon Bhima, Shirur taluka in Pune district, has announced its audited financial results for the year ended March 31, 1998. The company had projected gross sales of Rs48,036.07 lakh and net profit of Rs1,206.07 lakh for 1997-98.(gsh) ------------------------------------------------------------ Kalyani Sharp India Limited: Audited Financial Results ------------------------------------------------------------ Particulars (Rs In Lakh) 1997-98 1996-97 ------------------------------------------------------------ Net Sales 26,761.67 27,892.94 ------------------------------------------------------------ Other Income 119.45 124.90 ------------------------------------------------------------ Total Expenditure 25,279.85 26,232.19 ------------------------------------------------------------ Interest 871.14 1,176.12 ------------------------------------------------------------ Gross Profit 730.13 609.53 ------------------------------------------------------------ Depreciation 568.60 553.06 ------------------------------------------------------------ Net Profit 161.53 56.47 ------------------------------------------------------------ Paid-Up Equity Capital 2,594.40 2,594.40 ------------------------------------------------------------ Reserves 1,877.25 1,866.25 ------------------------------------------------------------
Comment:
Projects gross sales of Rs48,036.07 lakh and net profit of Rs1,206.07 lakh for 1997-98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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MATSUSHITA TO REVAMP INDIA OPERATIONS
Article Abstract:
The Matsushita group intends to restructure its television and audio business in India. It has appointed Y Ozasa, the Managing Director of Matsushita TV and Audio India Ltd as the Managing Director of its marketing company - National Panasonic India Ltd. It plans to invest Rs50 crore in National Panasonic India Ltd. Consequently, the equity of National Panasonic India Ltd will increase to Rs75 crore. The Matsushita group expects to bring synergy of operations between Matsushita TV and Audio India Ltd and National Panasonic India Ltd. The Matsushita group plans to focus on its audio-visual operations in India. It proposes to increase its indigenisation and strengthen the sales distribution network. It has launched digital products like portable DVD, digital video movie camera, portable mini disc players and portable CD players. (rk) (kvr)
Comment:
The Matsushita group intends to restructure its television and audio business in India.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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KALYANI-LED TEAM TO BUILD Rs70-Cr HUBLI-DHARWAD BYPASS ROAD
Article Abstract:
The Kalyani group led consortium is building a bypass road around Hubli-Dharward twin cities in Karnataka. The Rs70 crore project will be built on a build-operate-transfer (BOT) basis and will be the first grade separated, limited access highway. The bypass road will be in two phases - an 18 kilometres (km) road from Hubli to Kalghati to be completed in 12 months and the 12-km road from Kalghati to Dharwad in another 18 months. Nandi Highway Developers Ltd, the consortium company includes Vanasse Hangen Brustlin Inc of the US and SAB International Ltd (SIL). This consortium is also building the 161-kilometre Bangalore-Mysore Expressway.(ag)
Comment:
Builds a bypass road worth Rs70 crore around Hubli-Dharward twin cities in Karnataka
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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