Henkel Spic Q2 net up by 79.51%

Henkel Spic India Ltd has posted a net profit of Rs 21.90 million for the quarter ended June 30, 2001 as compared to Rs 12.20 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 918.90 million as against Rs 831.90 million for the corresponding period last fiscal.

Shipping Corporation posts net profit of Rs 1117.20 million in Q1

Shipping Corporation of India Ltd has posted a net profit of Rs 1117.20 million for the quarter ended June 30, 2001 as against Rs 190 million for the quarter ended June 30, 2000. Net Sales are higher by 29.15%, at Rs 7922.40 million in the quarter ended June 30, 2001 as compared to Rs 6134.20 million in the quarter ended June 30, 2000. Other Income is at Rs 32.50 million in JQ 2001 as against Rs 126.40 million in JQ 2000. The Board of Directors at its meeting held today (July 16, 2001) has recommended a final dividend @ 5% on the equity paid-up capital of the Company i.e. Re.0.50 per share fully paid-up (nominal value per share being Rs 10) for the financial year 2000-2001 absorbing a sum of Rs 14,11,51,214.50. The Board of Directors at its meeting held on June 14, 2001 had declared an interim dividend @25% on the equity paid-up capital of the Company i.e. Rs 2.50 per share fully paid (nominal value per share being Rs 10) for the financial year 2000-2001 absorbing a sum of Rs 70,57,56,072.50.

Geometric Software Board signs agreement with Powerway Inc, USA

Geometric Software Solutions Co. Ltd has informed BSE that the Company has signed an agreement with Powerway Inc, USA. The Company shall be investing an amount of USD 6,50,000 in the said Company. With the signing of this agreement, Geometric shall be designated as a preferred service provider for Powerway Inc, USA.

ABB Board to consider Q2 results, amalgamation proposal on July 24, 2001

A meeting of the Board of Directors of Asea Brown Boveri Ltd (ABB) is scheduled to be held on July 24, 2001 to take on record the financial results for the II Quarter and Half Year ended June 30, 2001. At the aforesaid meeting, the Board will also consider the proposal for amalgamation of the following ABB Group Companies in India (100% subsidiary Companies of ABB, Asea Brown Boveri Ltd, Zurich) viz. 1. ABB Instrumentation Ltd (business - process control products and solutions.) 2. Introl (India) (business - manufacture of control valves). 3. ABB Lenzohm Service Ltd (business - repairs and maintenance of large motors, alternatives and transformers). 4. ABB Analytical Ltd (business-engaged in analytical instruments and system solutions) (together referred to as transferor companies) with Asea Brown Boveri Ltd (transferee company).

Arvind Mills convenes court meeting pursuant to scheme of arrangement

Arvind Mills Ltd has informed BSE that pursuant to the directions given by the Honorable High Court of Gujarat Under Section 391 of the companies Act, 1956 for the approval of the Scheme of Arrangement, the meetings of the Unsecured Creditors, Working Capital Lenders and the Secured Creditors of the Company have been duly convened on July 13, 2001. The results of the poll taken at the respective meetings will be intimated by the Chairman to the Honorable High Court of Gujarat.

EIH Ltd Q1 results on July 25, 2001

A meeting of the Board of Directors of EIH Ltd is scheduled to be held on July 25, 2001 to consider and take on record the unaudited financial results of the Company for the three months ended June 30, 2001.

Aptech Board approves composite scheme of arrangement and reconstruction

The Board of Directors of Aptech Ltd at its meeting held today (July 16, 2001) has approved in principle, subject to statutory and corporate approvals, the Composite Scheme of Arrangement and Reconstruction in respect of transfer of Training Division of the Company to subsidiary by demerger and merger or amalgamation of Hexaware Technologies Ltd with the Company.

Hero Honda Q1 net up by 30.69%

Hero Honda Motors Ltd has posted a net profit of Rs 788.10 million for the quarter ended June 30, 2001 as against Rs 603 million for the quarter ended June 30, 2000. Total Income is higher by 29.75%, at Rs 9549.40 million in JQ 2001 as compared to Rs 7359.50 million in JQ 2000. The Company has reported that the number of motorcycles sold during the current quarter rose by 28.13%, from 239542 in the quarter ended June 30, 2000 to 306930 in the quarter ended June 30, 2001. The Board of Directors has co opted Gen (Retd) V.P.Malik as Non Executive Director on the Board of the Company w.e.f 04.05.2001.

Adani Exports Q1 results on July 28, 2001

A meting of the Board of Directors of Adani Exports Ltd is scheduled to be held on July 28, 2001 at the Registered Office of the Company for taking on record the unaudited financial results for the quarter ended June 30, 2001.

Crisil Q1 results on July 24, 2001

A meeting of the Board of Directors of Credit Rating Information Services of India Ltd is scheduled to be held on July 24, 2001 to consider the unaudited financial results of the Company for the first quarter ended June 30, 2001.

Knoll Pharma Q2 net down by 29.68%

Knoll Pharmaceuticals Ltd has posted a net profit of Rs 195.90 million for the quarter ended June 30, 2001 as against Rs 278.60 million for the quarter ended June 30, 2000. Net Sales for JQ 2001 are higher at Rs 931.50 million as against Rs 896.90 million in JQ 2000. Other Income is at Rs 96 million in the current quarter ended June 30, 2001 as against Rs 190.60 million in the quarter ended June 30, 2000.

BHEL Q1 results on July 26, 2001

A meeting of the Board of Directors of Bharat Heavy Electricals Ltd is scheduled to be held on July 26, 2001 to consider and take on record the unaudited financial results of the Company for the quarter ended June 30, 2001.

Andhra Petrochemicals Q1 net loss at Rs 78.91 million

Andhra Petrochemicals Ltd has posted a net loss of Rs 78.91 million as against a net loss of Rs 25.85 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 8.40 million as against Rs 307.62 million for the quarter ended June 30, 2000. The Company has reported that due to operational constraints and uneconomic market prices, the plant remain closed during the current quarter and recommenced production from July 05, 2001.

BASF India Q1 results on July 31, 2001

A meeting of the Board of Directors of BASF India Ltd is scheduled to be held on July 31, 2001 to consider and take on record the unaudited financial results for the quarter ended June 30, 2001.

Philips Q2 results on July 25, 2001

A meeting of the Board of Directors of Philips India Ltd is scheduled to be held on July 25, 2001 to consider the Unaudited Financial Results of the Company for the second quarter ended July 1, 2001.

Kirloskar Oil Engines Q1 net profit down by 62.62%

Kirloskar Oil Engines Ltd has reported a net profit of Rs 15.10 million for the quarter ended June 30, 2001 as against Rs 40.40 million for the corresponding period last fiscal. Net Sales is higher by 4.52%, from Rs 1524.30 million in JQ 2000 to Rs 1593.20 million in JQ 2001. Other Income is at Rs 14 million in JQ 2001 as compared to Rs 40.20 million in the quarter ended June 30, 2000. The sales for the quarter ended on 30th June 2001 includes trading sale of Oil of Rs 135.9 million (Previous year Rs nil), which has resulted in higher material consumption compared to previous year quarter ended on 30th June, 2000.

Indian Hotels Board to consider restructuring of Airline Catering Business

Indian Hotels Company Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on July 18, 2001. Included in the agenda for the meeting is a proposal to restructure the Airline Catering business of the Company, which may result in the formation of a Joint Venture Company.

Hikal Ltd Q1net profit rises by 4.53%

Hikal Ltd has reported a net profit of Rs 39.20 million for the quarter ended June 30, 2001 as against Rs 37.50 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 us at Rs 244.90 million as against Rs 233.90 million in JQ 2000.

Parke Davis Q1 results on July 25, 2001

A meeting of the Board of Directors of Parke Davis (India) Ltd is scheduled to be held on July 25, 2001 to consider and take on record the unaudited financial results of the Company for the quarter ended June 30, 2001.

Indian Rayon Q1 results on July 30, 2001

A meeting of the Board of Directors of Indian Rayon and Industries Ltd is scheduled to be held on July 30, 2001 to take on record the unaudited financial results of the Company for the first quarter ended June 30, 2001.

India Cements Q1 results on July 30, 2001

A meeting of the Board of Directors of India Cements Ltd is scheduled to be held to be held on July 30, 2001 to consider the unaudited financial results of the Company for the quarter ended June 30, 2001.

Telco Q1 results on July 24, 2001

A meeting of the Board of Directors of Tata Engineering & Locomotive Co. Ltd is scheduled to be held on July 24, 2001 to consider the Unaudited Results for the first quarter ended June 30, 2001 of the Accounting Year 2001-2002.

BSE announces replacement in BSE-200, BSE-500 & BSE Healthcare indices

BSE has informed members of the exchange that effective Monday, July 16, 2001 a replacement would be made in BSE-200, BSE-500 and BSE Healthcare Sector index. BSE-200 Index: Code Name Sector Exclusion 500258 Lupin Laboratories Healthcare Inclusion 76 Burroughs Welcome Healthcare BSE-500 and BSE Healthcare Sector Index: Code Name Sector Exclusion 500258 Lupin Laboratories Healthcare Inclusion 32291 KDL Biotech Healthcare It may be noted that this replacement is being made on account of merger of Lupin Laboratories Ltd. with Lupin Chemicals Ltd.

Bharat Electronics Q1 results on July 30, 2001

A meeting of the Board of Directors of Bharat Electronics Ltd is scheduled to be held on July 30, 2001 to consider and take on record the Unaudited Financial Results of the Company for the quarter ended June 30, 2001.

Bank of India Q1 net up by 82.20%

Bank of India has posted a net profit of Rs 1203.80 million for the quarter ended June 30, 2001 as against Rs 660.70 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 15316.90 million as compared to Rs 13449.60 million for the quarter ended June 30, 2000. The working results for the quarter ended June 30, 2001 have been arrived after considering provisions for non-performing assets, taxation, employee benefits viz. Gratuity, pension, leave encashment, etc on an estimated basis. Payment to and provision for employees for the quarter ended June 30, 2001 includes a pro-rata amount of Rs 400 million written off towards Voluntary Retirement Scheme (VRS) expenditure in accordance with RBI guidelines.

BPCL Q1 results on July 26, 2001

A meeting of the Board of Directors of Bharat Petroleum Corporation Ltd is scheduled to be held on July 26, 2001 to take on record the Unaudited Financial Results for the quarter ended June 30, 2001.

BSE revises Special Margins on 54 scrips

BSE has informed members of the exchange that the following scrips which are at present under Special Margins will attract Special Margins as indicated hereunder with effect from today (July 16, 2001). The rates of Special Margins have been revised keeping in view the closing price of the scrip on the last day of the settlement. CODE SCRIP NAME GROUP SP.MGR(%) 512599 ADANI EXPORTS A 25 32335 AMBICA AGARBATT B1 25 7525 AMRIT BANASPATI B2 25 31632 AVINASH INFOTEC B2 25 32382 BALAJI TELEFILM B1 25 32377 BATHINA TECHNOL B1 25 6285 BAYER INDIA B1 25 32419 D LINK INDIA B1 25 24170 DSQ BIOTECH B2 50 523864 DSQ SOFTWARE A 25 32417 E.STAR INFOTECH B2 25 26624 ELBEE SERVICES B1 25 4008 EMCO B1 25 32403 FOURTH GENERATI B2 50 23277 G V FILMS B1 25 31939 GENIUS COMM TRA B2 25 32015 GRAVITY INDIA B1 25 9079 GUFIC BIO SCIEN B2 25 523477 GUJARAT GAS A 50 523886 HINDUSTAN INKS B1 25 193 HOTEL LEELA B1 25 530005 INDIA CEMENTS A 25 32175 INOTECH ENTERPR B1 25 11116 INVEST TRUST B1 25 500888 JAIPRAKASH INDS A 25 24330 JAYANT AGRO B1 25 31892 KHANDWALA SECUR B1 25 532148 KOLAR INFOTECH B1 25 24518 KREBS BIOCHEM B1 25 23411 KRONE COMMUNICA B1 25 500260 MADRAS CEMENTS A 25 32127 MOBILE TELE B2 25 32407 MOSCHIP SEMI B2 25 6954 MOTORALA SPEC B2 25 32350 PADMALAYA TELE B1 25 32387 PRITISH NANDY B1 25 31739 PRUDENTIAL PHAR B2 50 7300 RAVALGAON B1 25 24632 RELISH PHARMA B2 25 26089 ROOFIT INDUSTRY B1 50 13583 S B T INTERNAT B1 25 32118 SAI INFO SERVIC B2 25 26521 SANGHI INDUSTRI B2 25 32274 SOFFIA SOFTWARE B2 25 8976 SPANCO TELESYST B2 25 12299 STERLING BIOTEC B1 25 12640 STOCK NET INTER B1 25 32211 SUN EARTH CERA B1 50 31945 SUNITEE CHEM Z 25 31637 SWORD & SHIELD B2 50 31830 TODAY'S WRITING B2 25 31554 TOP CASSETTES B1 25 26707 TOUBRO INFOTECH B2 25 32411 VISESH INFOSYST B1 25

Ashok Leyland Q1 results on July 24, 2001

A meeting of the Board of Directors of Ashok Leyland Ltd is scheduled to be held on July 24, 2001 to consider and take on record the Unaudited Financial Results of the Company for the quarter ended June 30, 2001.

Money

Rapid Information on Stocks & Corporates

Tell us what you think of this report