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Riding the boom in consumer spending
May 27, 2000
Sure. Atleast one of the companies in this sector will come out with a scheme saying "Buy a TV, Win a free trip to Sydney Olympics". So, don't be surprised if you see the Indian fans at the Sydney Olympics.
Keeping the mutlinationals at bay
May 27, 2000
This is one Indian company that has withstood competition from multinationals. Be it durables or telecom services, BPL Limited is setting the standards across the board.
Videocon Appliances net profit jumps 77%
Feb 5, 2000Videocon Appliances has posted net profit growth of 77.4% to Rs 134.5 m, with sales appreciating 41.9% to Rs 2.5 bn. The company's net profit margin has improved from 4.4% in 3QFY1999 to 5.4% in 3QFY2000.
Bausch & Lomb India posts sharp decline in net
Jan 31, 2000Bausch & Lomb India has posted an 11.7% decline in turnover even as its net profits crashed by 78%. The company has suffered mainly on account of a sharp fall in operating margins and a rise ein depreciation expenditure. The rise in other income has however limited the fall in the bottomline.
Surya Roshni sales post 13% appreciation
Jan 27, 2000Surya Roshni has witnessed 13.1% sales growth to Rs 20.6 m. Its net profit has improved by 23.0% although on a much lower base. The company's net profit margin has increased to 2.18% from 2.01% last year.
BPL net profit looses colour
Jan 25, 2000Consumer durables major, BPL has witnessed 4% decline in net profit to Rs 280.1 m. The company's sales have improved 11.0% to Rs 5.8 bn.
Atco Industries posts 27% growth in topline
Jan 24, 2000Atco Industries has posted a 383% jump in net profits during the quarter ended 31st December 1999. The company has benefited from a sharp improvement in operating margins and a decline in interest expenditure. The quality of earnings too has improved as other income as declined to negligible levels.
TTK net profit improves marginally in 2QFY2000
Nov 3, 1999Home appliances major TTK Prestige has registered a marginal 4% hike in its net profit to Rs 24 m. Sales improved by a miniscule 1% to Rs 355 m.
Kodak: photogenic performance in 2QFY2000
Oct 22, 1999Photo fims and camera major, Kodak India posted an impressive Rs 60 m as second quarter net profit, compared to a miniscule Rs 2 m in the corresponding period lst year. Turnover improved by 25% to Rs 1,324 m.
MSEB snubs TEC's demand for supply to other states
Oct 20, 1999The Maharashtra State Electrcity Board (MSEB) is prepared to consider Tata Electric Companies (TEC) proposal for an increase in power purchase price, but has turned down its request to supply power to other states. This was reported by a leading financial daily.
Sachin, Rahul and Saurav send CTV sales soaring
Jun 2, 1999The Indian cricket's resurgent performance in the World Cup has provided just the impetus for colour television (CTV) sales. CTV sales in May 1999 grew furiously by 35% over April 1999, and by 40% over April 1998.
Videshi catches up with Swadeshi
Apr 6, 1999Final figures for May 1999 CTV sales are beginning to establish what has seemed inevitable for some time now - foreign CTV brands are finally catching up with Indian brands.
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