VAM ORGANIC NET ON THE RISE
Article Abstract:
Vam Organic Chemicals Ltd has posted a net profit of Rs29 crore in 1997-98. The company has recommended a dividend of 50 percent for the year. (gs) --------------------------------------------------------- Performance of Vam Organic Chemicals Ltd (Rs in crore) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Sales 327.00 280.00 --------------------------------------------------------- Profit before interest 64.00 60.00 tax and depreciation --------------------------------------------------------- Interest 18.40 NA --------------------------------------------------------- Depreciation 14.66 NA --------------------------------------------------------- Tax provision 1.96 NA --------------------------------------------------------- EPS (Rs) 53.59 42.57 --------------------------------------------------------- Net profit 29.00 23.00 --------------------------------------------------------- NA = not available ---------------------------------------------------------
Comment:
Posts a net profit of Rs29 crore in 1997-98 & recommends a dividend of 50% for the year
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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HINDUSTAN ORGANIC NET UP 50% TO Rs9.9 Cr
Article Abstract:
For the second quarter of 1998-99, Hindustan Organic Chemicals posted a net profit of Rs9.9 crore, thereby growing by 50 percent (Rs6.7 crore for the second quarter of 1997-98). HOC's turnover stood at Rs136 crore (Rs127 crore). Its production rose to 128,000 tonne (120,000 tonne) while its operating profit stood at Rs24.4 crore (Rs13.48 crore). For the first half of 1998-99, HOC posted a net profit of Rs1.44 crore (Rs8.2 crore net loss for the first half of 1997-98). Its turnover stood at Rs223.5 crore (Rs221.44 crore). (tsm)
Comment:
For the second quarter of 1998-99, Hindustan Organic Chemicals posted a net profit of Rs9.9 crore, thereby growing by 50 percent (Rs6.7 crore for the second quarter of 1997-98).
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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TITAN CLOCKS 16.6% RISE IN NET PROFIT
Article Abstract:
Titan Industries posted 16.64 percent rise in net profit to Rs7.71 crore in the first half of 1998-99 (Rs6.61 crore in the first half of 1997-98). Its sales have increased by 11.37 percent to Rs205.51 crore (Rs184.53 crore). It earned an income of $3.5 million from exports ($3.97 million). It posted an operating profit of Rs18.54 crore (Rs16.68 crore). It sold 20.29 lakh watches (16.84 lakh watches) in the domestic market. (gs)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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