MACMILLAN INDIA LIMITED
Article Abstract:
Macmillan India Limited, Chennai, posted a net profit of Rs1,848.24 lakh for 1997-98. (vv) --------------------------------------------------------- Audited Financial Results of Macmillan India Limited (Rs in lakh) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Net Sales 4,078.47 3,340.61 --------------------------------------------------------- Other Income 685.20 296.75 --------------------------------------------------------- Total expenditure 2,299.88 1,895.22 --------------------------------------------------------- Interest 10.27 9.59 --------------------------------------------------------- Gross profit 2,453.52 1,732.55 --------------------------------------------------------- Depreciation 177.28 196.91 --------------------------------------------------------- Provision for tax 428.00 440.00 --------------------------------------------------------- Net Profit 1,848.24 1,095.64 --------------------------------------------------------- Paid-up equity share capital 292.15 282.15 --------------------------------------------------------- Reserves excluding revaluation reserves 4.074.85 2,613.69 ---------------------------------------------------------
Comment:
Posts net profit of Rs1,848.24 lakh for 1997/98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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TATA SONS RIDES TCS WAVE, POSTS 93% JUMP IN NET
Article Abstract:
Tata Sons Ltd (TSL) of the Tata group posted 93 percent rise in its net profit to Rs274 crore in 1997-98 (Rs142 crore in 1996- 97). Its pre-tax profit was Rs294 crore (Rs161 crore). It has proposed a dividend of 150 percent for 1997-98 on the enhanced capital after 1-for-2 bonus shares. The improvement in the performance of TSL was due to the rise in earnings of its software division, Tata Consultancy Services (TCS). TSL's other divisions include Tata Consulting Engineers, Tata Economic Consultancy Services and Tata Finance Services. (gs)
Comment:
Posts 93% rise in its net profit to Rs274 crore in 1997-98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
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