PRICOL
Article Abstract:
Premier Instruments & Controls Ltd (Pricol) of Pune supplies meters and electrical panels to major automobile companies. It has captured the leading share in the dashboard panels and allied meters market. (gs) ------------------------------------------------------------ Financial results of Premier Instruments & Controls Ltd ------------------------------------------------------------ Particulars Year ended March (Rs in crore) 1998 1997 ------------------------------------------------------------ Sales turnover 137.66 130.83 ------------------------------------------------------------ Expenditure 110.06 105.61 ------------------------------------------------------------ Interest 5.12 6.23 ------------------------------------------------------------ Gross profit 24.33 22.39 ------------------------------------------------------------ Depreciation 8.41 6.36 ------------------------------------------------------------ Pre-tax profit 15.91 16.03 ------------------------------------------------------------ Tax 4.80 4.90 ------------------------------------------------------------ Net profit 6.00 5.51 ------------------------------------------------------------
Comment:
Posts a decrease in its pre-tax profit to Rs15.91 crore in the year ended 3/98 from Rs16.03 crore in the year ended 3/97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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SPIC ELECTRONIC POSTS Rs1.03 CR NET
Article Abstract:
Spic Electronic and System Ltd has achieved a turnaround in 1997- 98 by posting a net profit of Rs1.03 crore as against a net loss of Rs2.92 crore incurred in 1996-97. Its net sales were Rs49.13 crore (Rs27.27 crore). Gross profit was Rs6.39 crore (Rs2.33 crore). Interest charges were Rs3.19 crore (Rs3.66 crore) and depreciation provision was Rs2.16 crore (Rs1.60 crore). The company has converted its integrated circuits manufacturing facility into an export unit under the electronic hardware technology park scheme. (gs)
Comment:
Achieves turnaround in 1997- 98 by posting net profit of Rs1.03 crore vs net loss of Rs2.92 crore incurred in 1996-97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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BHASIN INTERNATIONAL
Article Abstract:
Bhasin International of Bangalore has made a name in landscaping granite items. It produces a range of hand made products like cobbles, kerbs, steps, slabs, garden furniture, bird baths among others. The company has been exporting its granite products to European and Scandinavian countries since its inception in 1992. Its export turnover grew from Rs7 million in 1992 to Rs43 million in 1997. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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