TATA DONNELLEY LIMITED
Article Abstract:
The net profit of Tata Donnelley Limited (TDL), Mumbai, increased by 22 percent to Rs918.91 lakh for 1997-98. TDL has issued bonus shares in the ratio of 1:2. In 1997-98, TDL and its subsidiary acquired 21 percent stake in RDI Printing and Publishing Private Limited for Rs736.16 lakh. TDL has declared a 45 percent dividend for 1997-98. (vv) --------------------------------------------------------- Audited Financial Results of Tata Donnelley Limited (Rs in lakh) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Sales 7,129.73 7,027.14 --------------------------------------------------------- Other income 555.08 693.64 --------------------------------------------------------- Total income 7,684.81 7,720.78 --------------------------------------------------------- Total expenditure 5,695.49 6,033.92 --------------------------------------------------------- Profit before interest and depreciation 1,989.32 1,686.86 --------------------------------------------------------- Interest 51.33 70.47 --------------------------------------------------------- Depreciation 564.51 544.34 --------------------------------------------------------- Profit before tax and voluntary retirement compensation 1,373.48 1,072.05 --------------------------------------------------------- Voluntary retirement compensation 54.57 16.87 --------------------------------------------------------- Profit before tax 1,318.91 1,055.18 --------------------------------------------------------- Tax 400.00 302.00 --------------------------------------------------------- Net profit 918.91 753.18 --------------------------------------------------------- Paid up equity share capital 762.81 508.54 --------------------------------------------------------- Reserves 7,640.40 7,353.35 --------------------------------------------------------- Earnings per share (Rs) 12.05 14.81 ---------------------------------------------------------
Comment:
Increases net profits by 22% to Rs918.91 lakh for 1997-98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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TATA TEA LIMITED
Article Abstract:
The turnover of Tata Tea Limited (TTL), Calcutta, increased by 26 percent to Rs878.65 crore in 1997-98. Its net profit increased by 74 percent to Rs102.16 crore. Exports increased by 92 percent to Rs269 crore. The imposition of 8 percent excise duty on packaged tea is likely to affect the performance of the company. (vv) --------------------------------------------------------- Audited Financial Results of Tata Tea Limited (Rs in crore) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Income from operations 878.65 699.44 --------------------------------------------------------- Other income 17.32 18.00 --------------------------------------------------------- Total income 895.97 717.44 --------------------------------------------------------- Total expenditure 713.27 592.33 --------------------------------------------------------- Gross profit before interest and depreciation 182.70 125.11 --------------------------------------------------------- Interest 23.88 30.22 --------------------------------------------------------- Depreciation 14.66 12.27 --------------------------------------------------------- Tax 42.00 24.00 --------------------------------------------------------- Net profit 102.16 58.65 --------------------------------------------------------- Paid-up equity share capital 48.62 48.62 --------------------------------------------------------- Dividend (%) 101.00 65.00 ---------------------------------------------------------
Comment:
Posts turnover rise by 26% to Rs878.65 crore in 1997-98 & net profit rise by 74% to Rs102.16 crore
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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SPICES TRADING CORP POSTS RECORD PROFIT FOR 1997-98
Article Abstract:
In 1997-98, the Spices Trading Corporation Ltd (STCL) posted a record net profit of Rs305 lakh (net loss of Rs27.94 lakh in 1996- 97). Its net worth has turned positive at Rs281 lakh (negative networth of Rs11.59 lakh). The improved performance in 1997-98 is attributed to a 202 percent increase in sales from trading activities to Rs3,646 lakh (Rs1,199 lakh). STCL has declared a dividend of 7.5 percent on an equity of Rs150 lakh. It has projected a turnover of Rs5000 lakh and a pre-tax profit at Rs200 lakh for 1998-99. (gsh)
Comment:
Posts record net profit of Rs305 lakh in 1997-98 versus net loss of Rs27.94 lakh in 1996-97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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