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Grindwell: Waiting in the wings
Mar 7, 2001Engineering major Grindwell Norton has declared staid results in its third quarter ended December 2000. Its turnover was up 9.4% YoY, and its bottomline improved by 9% during the period. The improvement was largely contributed by a cut in interest costs.
"Traditionally power and industrial systems have been contributing substantially to the bottomline"
Mar 16, 2000
In an interview to equitymaster.com, Mr. Brij Suri, Member Board, President Finance and Administration, spoke on the power sector reforms, performance of the company's divisions and the research and development efforts of the company.
Kirloskar Brothers posts 51% decline in net
Jan 31, 2000Kirloskar Brothers Limited has posted a 51% decline in net during the quarter ended 31st December 199. The company has suffered from a sharp rise in costs even as revenue growth failed to keep pace. Furthermore, the decline in other income also added to the downward presure on the bottomline.
Blue Star posts 50% jump in net
Nov 1, 1999Yokogawa Blue Star has posted a 50% jump in net profits for the quarter ended 30th September 1999. The company has benefited from a sharp reduction in interest expenditure and slower growth in operating expenditure.
Carborundum: profit jumps a marginal 8%
Oct 29, 1999Carborundum Universal - India's largest abrasives manufacturer, has recorded a marginal 8% growth in net profit to Rs 74 m in the second quarter of FY2000. The turnover saw zero growth and stood at Rs 651 m during the same period.
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