Fulford (India) Q2 net up by 81.70%

Fulford (India) Ltd has posted a net profit of Rs 29.80 million for the quarter ended June 30, 2001 as against Rs 16.40 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 428.20 million as against Rs 353.80 million for the quarter ended June 30, 2000. The net profit for the current quarter ended June 30, 2001 has been arrived after considering extra-ordinary expense of Rs 2.70 million being one third of cost of compensation to employees who have opted for Voluntary Retirement.

Sterlite Optical Q1 results on July 31, 2001

A meeting of the Board of Directors of Sterlite Optical Technologies Ltd is scheduled to be held on July 31, 2001 to consider the following: 1. To consider and approve the unaudited financial results of the company for the first quarter of the current financial year ended June 30, 2001. 2. To consider a change in the financial year so as to close the year on 31st March each year instead of 30th June. accordingly the last financial year of the company would be for the period begining 1st July, 2000 to 31st March, 2001 ( 9 months). 3. To consider and approve the audited accounts of the company for the period 1st July, 2000 to 31st March, 2001 ( 9 months). 4. To declare a dividend for the financial year ended 31st March, 2001.

Dredging Corporation Q1 net profit up by 29.35%

Dredging Corporation of India Ltd has posted a net profit of Rs 219.90 million for the quarter ended June 30, 2001 as compared to Rs 170 million in the corresponding period last year. Net Sales increased from Rs 780.50 million in quarter ended June 2000 to Rs 1040.40 million in the quarter ended June 2001. Other Income stood at Rs 25 million in JQ-01 as against Rs 45 million in JQ-00.

West Coast Paper Mills Q1 net up by 12.43%

West Coast Paper Mills Ltd has posted a net profit of Rs 71.21 million for the quarter ended June 30, 2001 as compared to Rs 63.33 million in the corresponding period last year. Net Sales has increased from Rs 806.23 million in quarter ended June 2000 to Rs 887.48 million in the quarter ended June 2001. Other Income stood at Rs 17.86 million in JQ-01 as against Rs 13.33 million in JQ-00 The Board of Directors have recommended payment of dividend @ Rs 5 per equity shares for the year 2000-2001.The Board of Directors have also recommended the revised proposal for the issue of right equity shares in the ratio if 1:10 at a premium of Rs 30 per share, and 11% Optionally fully convertible debenture (OFCD) of Rs 50 per debenture of right basis in the ratio of 2:5.The total amount to be raised by the proposed rights issue will be Rs 214.50 million.

Scotiabank delivers first all in one microchip card solutions with Solstice Alliance

Silverline Technologies Ltd has informed BSE that Scotiabank and the six partners of the Solstice Alliance today (July 24, 2001) announced a Canadian first-one card that allows Canadians to access and choose credit, electronic purse, loyalty programs and other services using microchip technology. "Scotiabank is the first Canadian bank to deliver on the promise of a one-card solution for our customers," says Albert Wahbe, chairman and CEO of e-Scotia and executive vice president, Electronic Banking, Scotiabank. "Customers are demanding smart cards that are capable of meeting many of their lifestyle needs. The Scotiabank solution will give customers greater control by allowing them to add and delete card services at their discretion. The pilot program will be launched early next year in the region around Barrie, Ontarion and more than 12,000 Scotiabank customers will participate. Scotiabank will test its vision of smart cards and be the first company in Canada to review the applicability of international and Open Platform standards. Current Scotiabank customers will be able to sign up for the pilot by contacting their local branch in Barrie or Angus. The Solstice Alliance was announced in May 2001 and is comprised of six companies from around the world namely Oasis Technology, Giesecke & Devrient, Smartchip Technologies, Ingenico, Cardis and Silverline Technologies Ltd. Silverline's CIT ePayment Division provides PKI security service expertise, on/offshore development, systems integration and implementation services. Each of the six companies delivers a critical component to the project.

Blue Dart Express Q1 net up by 29.65%

Blue Dart Express Ltd has posted a net profit of Rs 37.60 million for the quarter ended June 30, 2001 as against Rs 29 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 686.50 million as against Rs 564.70 million for the quarter ended June 30, 2000.

Shree Cement Q4 net up by 98.30%, FY-01 net up by 68.96%

Shree Cement Ltd has posted a net profit of Rs 199.92 million for the quarter ended June 30, 2001 as against Rs 100.76 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 1445.13 million as compared to Rs 1072.88 million for the quarter ended June 30, 2000. Net Profit for the year ended June 31, 2001 is at Rs 259.30 million for the year ended June 30, 2001 as against Rs 153.46 million last fiscal. Total Income for the year ended June 30, 2001 is at Rs 4793.35 million as against Rs 4117.32 million for the year ended June 30, 2000. Interest cost for the year includes one time payment of Rs 46.10 million paid during the year to Financial Institutions for reduction of interest rate.

Trent Ltd Q1 net profit down by 45.13%

Trent Ltd has posted a net profit of Rs 22.53 million for the quarter ended June 30, 2001 as against Rs 41.07 million for the quarter ended June 30, 2000. Net Sales/Income from Operations is higher at Rs 174.55 million in the quarter ended June 30, 2001 as compared to Rs 128.22 million for the quarter ended June 30, 2000. Other Income is at Rs 11.13 million in JQ 2001 as against Rs 31.73 million in JQ 2000. Other income for the current quarter, is lower compared to that of the corresponding quarter of the previous year, as the previous quarters included Interest on delayed refund of Income Tax of three years and Interim dividend received before June 30, 2000. The Company has reported that Retail Sales forming part of Net Sales increased by 82% over the corresponding quarter of the previous year.

P K Sarkar is new Chairman of SBI Home Finance

In a communication issued to BSE, SBI Home Finance Ltd has informed that Shri P.K. Sarkar, Dy. Managing Director & Group Executive (IB) of State Bank of India who is also a Director on the Board of SBI Home Finance Ltd has been appointed as the new non-executive Chairman of the Company vice Shri Jahar Sengupta who has relinquished his office as Chairman and Director of the Company w.e.f July 23, 2001.

Rajesh Exports Q1 net up by 55.38%

Rajesh Exports Ltd has posted a net profit of Rs 39.72 million for the quarter ended June 30, 2001 as compared to Rs 25.56 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 797.55 million as compared to Rs 264.40 million for the quarter ended June 30, 2000. The Production at the Company's Jewellery park has commenced and the commercial production would be commencing during the ensuing quarter.

SRF Board to consider scheme of arrangement

A meeting of the Board of Directors of SRF Ltd is scheduled to be held on July 26, 2001 to examine and approve the proposed scheme of amalgamation, arrangement and reconstruction between the Company, Tyrecord Fabric Ltd and the shareholders. This will contain the demerger of smaller businesses also.

Kvaerner Cementation Q2 net up by 43.87%

Kvaerner Cementation India Ltd has posted a net profit of Rs 15.24 million for the quarter ended June 30, 2001 as compared to Rs 10.59 million for the corresponding period last fiscal. Total Income for the quarter ended June 30, 2001 is at Rs 434.40 million as compared to Rs 740.83 million for the quarter ended June 30, 2000. The name of the company has been changed to Skanska Cementation India Ltd from Kvaerner Cementation India Limited with effect from 11th July, 2001.

Sandvik Asia Q2 net profit up by 87.06%

Sandvik Asia Ltd has posted a net profit of Rs 51.59 million for the quarter ended June 30, 2001 as against Rs 27.58 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 565.99 million as against Rs 522.42 million for the quarter ended June 30, 2000. The Company has recently offered a Voluntary Retirement Scheme to its employees, the cost of which will be reflected in the results of the third quarter based on the response to the scheme.

ABB Board approves merger of 4 of its 100% subsidiary companies

The Board of Directors of Asea Brown Boveri Ltd (ABB) at its meeting held today (July 24, 2001) has unanimously approved the proposal to merger the following 100% Indian subsidiaries of ABB, Asea Brown Boveri Ltd, Zurich, Switzerland, namely ABB Instrumentation Ltd., Introl India Ltd., ABB Lenzohm Service Ltd., ABB Analytical Ltd (referred to as transferor Companies) with Asea Brown Boveri Ltd (transferee company) and also the Scheme of Amalgamation. The Appointed date of the merger is fixed as April 1, 2001. The exchange ratio and additional shares of the Company to be issued to the shareholders of the transferor companies based on the share values of both transferor and transferee companies as per the valuation report adopted by the Board is as follows: Transferor Companies Exchange Ratio New shares of ABB (in exchange) 1. ABB Instrumentation Ltd 1:21 72271 2. Introl India Ltd 13:2 234000 3. ABB Lenzohm Service Ltd 19:1 249356 4. ABB Analytical Ltd 1:13 307692 After getting all requisite approvals, the paid up share Capital of Asea Brown Boveri Ltd will increase by 9,63,319 Equity Shares of Rs 10 each and 750000, 11% Redeemable Preference shares of Rs 100 each. As a result the post merger share capital of the Company will be Rs 49,88,16,750 consisting of 4,23,81,675 equity shares of Rs 10 each aggregating to Rs 42,38,16,750 and 7,50,000 11% Cumulative Redeemable Preference shares of Rs 100 each aggregating to Rs 7,50,00,000.

Reckitt Benckiser Q2 net profit down by 55.27%

Reckitt Benckiser (India) Ltd has posted a net profit of Rs 36.90 million for the thirteen weeks period ended June 30, 2001 as against Rs 82.50 million for the same period last fiscal. Total Income for the period ended June 30, 2001 is at Rs 1399.30 million as against Rs 1469.80 million in the period ended June 30, 2000. The Company has reported that the market continued to be depressed during the second quarter. While the Company has grown in categories like pest control, air care, lav care, there has been negative growth in fabric care and floor care. Moreover, the growth was further impacted as sales to its joint venture, Reckitt Piramal Ltd (RPL) was restricted in view of the anticipated restructuring.

CRISIL Q1 net up by 10.12%

Credit Rating Information Services of India Ltd has reported a net profit of Rs 24.19 million for the quarter ended June 30, 2001 as against Rs 21.97 million for the same period last year. Total Income for the quarter ended June 30, 2001 is higher at Rs 127.81 million as against Rs 103.66 million in JQ 2000.

Hindustan Motors Q1 net loss at Rs 257.70 million

Hindustan Motors Ltd has posted a net loss of Rs 257.70 million for the quarter ended June 30, 2001 as against a net loss of Rs 362.40 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 2171.70 million as against Rs 2699.70 million in the quarter ended June 30, 2000.

Ashok Leyland posts Rs 94.04 million as net loss in Q1

Ashok Leyland Ltd has posted a net loss of Rs 94.04 million for the quarter ended June 30, 2001 as against a net loss of Rs 196.86 million for the corresponding period last fiscal. Net Sales/Income from Operations is higher by 30.01%, from Rs 3870.79 million in the quarter ended June 30, 2000 to Rs 5032.51 million in the quarter ended June 30, 2001. Other Income is at Rs 10.66 million in JQ 2001 as compared to Rs 54.24 million in JQ 2000. During the first three months of the current quarter, the company has sold 6,208 vehicles in the M&HCV segment of the domestic market representing a growth of 4.9% as against 6% fall in the Total Industry Volume for the same period.

ABB Q2 net down by 10.77%

Asea Brown Boveri Ltd has posted a net profit of Rs 96.81 million for the quarter ended June 30, 2001 as against Rs 108.50 million for the same period last year. Total Income for JQ-01 is at Rs 2300.59 million as against Rs 1695.04 million for the JQ-00. The Board of Directors of the Company in its meeting held today (July 24, 2001) has approved the scheme of amalgamation of ABB Instrumentation Ltd, ABB Analytical Ltd, ABB Lenzohm Service Ltd and Introl India Ltd with the Company. The appointed date of amalgamation as per the scheme is 1st April 2001. The aforesaid scheme is subject to pending requisite statutory approvals due to which the current quarterly results do not include the effect of proposed amalgamation.

Crompton Greaves Q1 net loss at Rs 56.80 million

Crompton Greaves Ltd has posted a net loss of Rs 56.80 million for the quarter ended June 30, 2001 as against a net loss of Rs 674.70 million for the same period last year. Total Income is higher at Rs 3486 million in JQ 2001 as compared to Rs 2063.30 million in JQ 2000. Interest Cost has declined from Rs 243.70 million in the quarter ended June 30, 2000 to Rs 189.80 million in the current quarter.

IDBI Bank Q1 net up by 53.11%

IDBI Bank Ltd has recorded a growth of 53.11% in Net Profits for the first quarter of the current financial year. It has posted a Net Profit of Rs 182.20 million as compared to Rs 119 million in the first quarter of the previous financial year. Total Income for the quarter ended June 30, 2001 is higher at Rs 1643.10 million as against Rs 1496.60 million in the quarter ended June 30, 2000. IDBI Bank has shown a strong improvement in the underlying business performance. Net Interest Income at Rs 287 million is up by 18% when compared to previous year. This reflects IDBI Banks' continued success in managing down the cost of deposits to 8.60% as of June 30,2001 which is 59 basis points lower than the cost of deposits for the quarter ended March 31, 2001. Other Income, which relates to income from non-fund based banking activities such as Fees and Commission, Foreign Exchange earning and Money-Market trading income has jumped by 84% to Rs 448.60 million in comparison with the previous year. In continuation of its earlier stated policy, IDBI Bank, as a prudent approach, has aggressively provided an additional amount of Rs 160 million as loan loss provision, which is over and above the regulatory requirement. IDBI Banks low cost deposits registered an impressive growth of 61% to reach Rs 8710 million and now form 25% of the total deposits as compared to 14% a year ago. Retail deposits now constitute 38% of the total deposits, up from 25% a year ago. IDBI Banks total customer risk assets, including bonds and other credit substitutes, increased marginally from Rs 27720 million to Rs 29010 million compared to previous year. The controlled growth is in line with IDBI Banks strategy of limiting high risk exposure and selectively focusing on better credit risk profile customers. The exposure to sensitive sector comprising capital market, real estate and commodities is very marginal at 2.2% which reflects prudent management. Retail Assets, including Mortgages, grew by 75% as compared to first quarter of the previous year. The Bank has made significant progress in the first quarter in migrating to new technology platforms. It has implemented a new core-banking system Finacle, from Infosys, in a record time. During the quarter, IDBI Bank further enhanced its management talent pool by appointing two new members of the senior management team. Mr Ulhas Deshpande, who was earlier with Tata-AIG has joined IDBI Bank as Head HRD, while Mr Susheel Kak from Deutsche Bank is taking up the assignment of Head-Corporate Banking.

Silverline Technologies Q1 results on July 31, 2001

A meeting of the Board of Directors of Silverline Technologies Ltd is scheduled to be held on July 31, 2001 to consider and take on record the Unaudited Financial Results for the first quarter ended June 30, 2001.

Telco posts Rs 989 million as net loss in Q1

Tata Engineering & Locomotive Company Ltd has reported a net loss of Rs 989 million for the quarter ended June 30, 2001 as against a net loss of Rs 743.40 million for the corresponding period last fiscal. Net Sales for the quarter ended June 30, 2001 is at Rs 14223.10 million as compared to Rs 14766.10 million for the quarter ended June 30, 2000. Other Income is at Rs 66.60 million in JQ 2001 as compared to Rs 284.60 million in JQ 2000. Other Income for the current quarter includes profit on sale of Investments Rs 36.10 million and Compensation received on the termination of the Joint Venture Agreement Rs 30.50 million. Other Income for the quarter ended June 30, 2000 included Profit on sale of Occupancy rights Rs 179.80 million. The net loss for the current quarter ended June 30, 2001 has been arrived after considering Extra-Ordinary items amounting to Rs 80.10 million being Employee Separation Costs. The Company has reported that the market for Commercial Vehicles continued to be affected by the economic slowdown resulting in a 14% decline in overall industry volumes, with M&HCV volumes being severely depressed in the first two months and the LCV sector seeing a decline of 26%. Various marketing and product strategies have been initiated and the success of the Company's 25 ton, Cummins' powered. multi axed vehicle has been encouraging, making it India s largest selling Commercial Vehicle model in its class. The market for Passenger Cars and Utility Vehicles remained virtually stagnant during the quarter compared to the corresponding period in the previous year. The momentum gained by the sale of Indica V2 and the launch of the CNG version of Indica in Delhi and Mumbai will enable the Company to consolidate its position in the Passenger Car Segment. The Company continues to remain focussed on its strategic initiatives Big Scale Cost reductions, new product Introductions and Continuous Restructuring of assets and manpower. Market conditions are difficult both in India and globally but these measures will help to minimise the adverse impact on the Company.

Raymond posts Rs 46.40 million as net loss in Q1

Raymond Ltd has posted a net loss of Rs 46.40 million for the quarter ended June 30, 2001 as against a net loss of Rs 361.70 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 1073.90 million as against Rs 2768.80 million in the quarter ended June 30, 2000. Extra-ordinary expenses amounting to Rs 15 million has been considered while arriving at the net loss in JQ 2001. The Company has divested its Steel and Cement Divisions in September 2000 and January 2001 respectively.

Aurobindo Pharma clarifies on news article

With reference to the news item appearing in a leading daily, Aurobindo Pharma Ltd has informed BSE that the Company has a new division called "IMUNUS" dedicated to AIDS patients. This Division has launched various products viz., ZIDOVEX-L, LAMIVOX, ZIDOVEX and NEVIREX earlier and now also launched 2 new more products called INDIVEX and STAVEX. It is also planning to launch few more products in this segment. The Company has further informed that it has two dosage formulation manufacturing facilities, which is approved by MCC of South Africa apart from five plants for manufacture of various bulk drugs.

Centak Chemicals Q1 net up by 32.91%

Centak Chemicals Ltd has posted a Net profit of Rs 10.50 million for the quarter ended June 30, 2001 against Rs 7.90 million for the same period for the last fiscal. Total Income for the quarter ended JQ-01 Rs 43.50 million against Rs 43 million for JQ-00. Through the open offer made to the public, the shareholding of Akzo Nobel Chemicals International BV in the Company has increased to 92.99% after the first quarter ended June 30, 2001.

Punjab Tractors Q1 results on July 31, 2001

A meeting of the Board of Directors of Punjab Tractors Ltd is scheduled to be held on July 31, 2001 to consider and take on record the Unaudited Financial Results of the Company for the first quarter and three months period ended June 30, 2001.

Hindustan Lever Q2 PAT up by 20.92%

Hindustan Lever Ltd has reported a profit after tax of Rs 3467.30 million for the quarter ended June 30, 2001 as compared to Rs 2867.40 million for the same period last year. Net Sales are marginally higher at Rs 29312.50 million in JQ 2001 as against Rs 28797.20 million in JQ 2000. Other Income is at Rs 912 million in the quarter ended June 30, 2001 as against Rs 773.70 million in June 30, 2000. The Quest Flavours and Fragrances business has been sold to Lakme Lever Ltd (LLL), a subsidiary Company (renamed as Quest International Ltd) effective April 01, 2001 consequent to an agreement having been entered into with the ICI Group. In terms of the agreement, the shareholding of HLL to LLL has been reduced, and to 49% in July 2001. Profit arising from these transactions amounting to Rs 1198.60 million has been accounted for as exceptional item in the current quarter. The net profit for the current quarter ended June 30, 2001 after consideration of the aforesaid exceptional items comes to Rs 4665.90 million as against Rs 2867.40 million in the quarter ended June 30, 2000. The Company has reported that the results for the current quarter are not comparable to those of the corresponding period of the previous year, to the extent of the following : a) Sale of the Animal Feeds business of the Company to Goldmohur Foods and Feeds Ltd, a subsidiary company, effective April 1, 2000. b) Integration of the Tea Exports business of Lipton India Exports Ltd, a 100% subsidiary with the Company, effective April 1, 2000. c) Integration of the personal products of Lakme Lever Ltd, a subsidiary with the Company, effective April 1, 2001. d) Sale of Quest Flavours and Fragrances business effective April 1, 2001 as well as exceptional income arising from the same during the quarter. The Board of Directors, at their meeting held today (July 24, 2001) has resolved to pay an interim dividend of Rs 2.50 per share of Re 1 for the year 2001.

BPL announces performance highlights for the first quarter (April-June 2001)

BPL Ltd announced its unaudited financial results for the first quarter 2001 (April-June) wherein the Company has posted a Gross Turnover of Rs 3148.40 million (June 30, 2000 - Rs 3385 million). The Gross Profit before Depreciation, Interest and Tax grew marginally to Rs 357.20 million (June 30, 2000 - Rs 349.20 million in spite of a lower turnover. The net profit after tax stood at Rs 102.10 million in JQ 2001 as against Rs 189.60 million for the quarter ended June 30, 2000. The Company maintained its No. 1 position in Colour Televisions, despite sluggish market conditions and overall slowdown in off-take of consumer durable during Quarter 1(Apr-Jun 01) According to industry review, CTV industry is estimated to have declined by 10% (source CETMA). BPL continued its leadership position across all screen-size segments, as per ORG. BPL's overall market share as per ORG for Quarter 1 is reported to be 18.9% in April 2001, 17.6% in May 2001 and an estimate of 18.25% (estimated) in June 2001. BPL launched Studio Line 21, the world's first and only Television with 1000 Watts PMPO sound, BPL Matrix, a complete range of Flatscreen Televisions and Aura 21, a new double-ender model. To meet its objectives of strategic expansion into global markets, some of the initiatives undertaken are: 1. Creation of a Central Marketing Organisation in London to handle international marketing and procurement, specifically to Europe. 2. Acquiring of a Colour Television manufacturing unit in Slovenia which will enable faster expansion into European markets. 3. Enhancing sale of Home Appliances, especially Refrigerators to international markets. 4. Focus on Alkaline Batteries (BPL exports registered a growth of 91% in Alkaline Battery Exports in the last fiscal) 5. Expanding the export of Electronic components like Colour Picture Tubes and Television Chassis. Home Appliances Business: Despite the continued sluggish conditions, in the Home Appliances market, BPL maintained key positions in all major product categories. In the Washing Machine, Frost-Free Refrigerator, Microwave and Vaccum Cleaner categories, BPL continues to be amongst the top three brands. The first quarter of the current year saw the Company launch three new models in the Direct Cool Refrigerator category. Soft Energy Business: BPL Excells (Alkaline Battery) domestic market share grew to 36% as compared to 29.70% during the April-May' 01 of last fiscal. BPL Excell is now the NO. 2 Brand. Strategy Focus: The Company which is on target with its restructuring activities, has streamlined itself into four core business areas, namely : Entertainment Electronics, Home Appliances, Soft Energy, Soft Energy and Health Care. The Company has defined the following strategic objectives for the next 24 months : - Focus on higher profitability and selective revenue growth - Divest Companies/assets/ equity in an organisation wide financial re-engineering exercise. - Develop service business potential - Reduce Costs, manage risk and develop a funding strategy - Make BPL an exciting and innovative brand - Re-engineer key processes across operations - Restructure and right size the organisation - Improve performance and management system, motivation and accountability

LML Q1 results on July 31, 2001

A meeting of Board of Directors of LML Ltd is scheduled to be held on July 31, 2001 to consider the unaudited results for the quarter ended June 30, 2001.

HDFC Bank Q1 results on July 31, 2001

A meeting of Board of Directors of HDFC Bank Ltd is scheduled to be held on July 31, 2001 to consider the unaudited results for the quarter ended June 30, 2001.

Ingersoll-Rand Q1 PAT up by 17.44%

Ingersoll-Rand (India) Ltd has posted a profit after tax of Rs 98.30 million for the quarter ended June 30, 2001 as against Rs 83.70 million for the corresponding period last fiscal. Net Sales/Income from Operations has increased from Rs 679.40 million in JQ 2000 to Rs 816.30 million in JQ 2001. Other Income stands at Rs 46.90 million in the quarter ended June 30, 2001 as compared to Rs 46.10 million in the quarter ended June 30, 2000. Extra-Ordinary Items amounting to Rs 34.40 million being VRS payment (Rs 46.80 million in JQ 2000) has been considered in the quarter ended June 30, 2001 after which the net profit comes to Rs 63.90 million. Similarly, the net profit for the quarter ended June 30, 2000 after consideration of VRS payment and profit from sale of gas compressor business amounting to Rs 441 million comes to Rs 477.90 million.

Jaiprakash Industries Q1 results on July 31, 2001

A meeting of Board of Directors of Jaiprakash Industries Ltd is scheduled to be held on July 31, 2001 to consider the unaudited results for the quarter ended June 30, 2001.

Jindal Photo Films Q1 net down by 16.78%

Jindal Photo Films Ltd has reported a fall in net profit of Rs 153.70 million in the quarter ended June 30, 2000 to Rs 127.90 million in the current quarter ended June 30, 2001. Total Income for the quarter ended June 30, 2001 is at Rs 1093.10 million as against Rs 1233.50 million in JQ 2000.

Tamil Nadu Petroproducts Q1 net up by 2.58%

Tamil Nadu Petroproducts Ltd has posted a net profit of Rs 175.20 million for the quarter ended June 30, 2001 as against Rs 170.80 million for the quarter ended June 30, 2000. Total Income for the quarter ended June 30, 2001 is at Rs 1639.60 million as compared to Rs 1429.20 million for the quarter ended June 30, 2000.

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