SINTEX INDUSTRIES LIMITED
Article Abstract:
Sintex Industries Limited (SIL), Kalol, North Gujarat recorded a net profit of Rs1,023.60 lakh in 1997-98. SIL is expanding its textile and plastics divisions. It has set up a 3.8 mw captive power plant. The plant commenced operations from March 1998. SIL plans to set up a 3.8 mw captive power plant. (ag) ------------------------------------------------------------ Financial Performance of Sintex Industries Limited (Rs in lakh) ------------------------------------------------------------ Particulars 1997-98 1996-97 ------------------------------------------------------------ Gross Sales 18,892.55 16,813.84 ------------------------------------------------------------ Excise Duty 3,426.00 2,304.76 ------------------------------------------------------------ Net sales 15,466.55 14,509.08 ------------------------------------------------------------ Other Income 316.63 296.76 ------------------------------------------------------------ Total expenses 12,763.64 12,386.35 ------------------------------------------------------------ Interest 955.27 1,018.62 ------------------------------------------------------------ Gross profit 2064.27 1,400.87 ------------------------------------------------------------ Depreciation 920.67 680.56 ------------------------------------------------------------ Provision for tax 120.00 90.00 ------------------------------------------------------------ Net Profit 1,023.60 630.31 ------------------------------------------------------------ Earnings per share (Rs) 8.00 14.13 ------------------------------------------------------------
Comment:
Records increase in net profit to Rs1,023.60 lakh in 1997-98 vs net profit of Rs630.31 lakh in 1996-97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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KRISHNA TEXPORT INDUSTRIES LTD
Article Abstract:
Turnover of Krishna Texport Industries Ltd, Silvassa, increased by 159 percent in the second half of 1997-98. Net profit increased by 90 percent to Rs1,403 lakh. Its gross profit increased by 75 percent. The company had projected sales of Rs4,799 lakh and net profit of RS1254 lakh for 1997-98. (gsh) ------------------------------------------------------------ Financial Results of Krishna Texport Industries Ltd (Rs in lakh) ------------------------------------------------------------ Particulars 2H 1997-98 2H 1996-97 1997-98 ------------------------------------------------------------ Net Sales/Other sales 20,245 5,368 26,042 ------------------------------------------------------------ Total Expenditure 18,687 4,676 23,700 ------------------------------------------------------------ Gross Profit 1,558 692 2,342 ------------------------------------------------------------ Depreciation 120 80 182 ------------------------------------------------------------ Taxation 35 NA 35 ------------------------------------------------------------ Net Profit 1,403 612 2,125 ------------------------------------------------------------ Paid-up equity share capital 1,059 560 1,059 ------------------------------------------------------------
Comment:
Projects sales of Rs4,799 lakh & net profit of RS1,254 lakh for 1997-98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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BALLARPUR INDUSTRIES LIMITED
Article Abstract:
Ballarpur Industries Ltd of Ballarpur in Maharashtra has declared its unaudited financial results for the quarter ended June 30, 1998. (khr) --------------------------------------------------------- Unaudited Financial Results of Ballarpur Industries Ltd --------------------------------------------------------- Particulars Quarter ended Year ended (Rs in lakh) 30.6.1998 31.3.1998 --------------------------------------------------------- Net sales 27,700 134,362 --------------------------------------------------------- Other income 2,200 4,396 --------------------------------------------------------- Total expenditure 24,860 120,362 --------------------------------------------------------- Interest 2,563 9,674 --------------------------------------------------------- Gross profit after interest 1,819 7,825 --------------------------------------------------------- Depreciation 1,054 3,915 --------------------------------------------------------- Tax - 110 --------------------------------------------------------- Net profit 765 3,800 --------------------------------------------------------- Equity share capital 5,967 4,967 --------------------------------------------------------- Reserves - 57,063 --------------------------------------------------------- }
Comment:
Posts net sales of Rs134,362 lakh for FY 1997-1998
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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