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Orient Ceramics posts rise in net margins

Feb 1, 2000

Orient Ceramics has posted a 86% rise in net profits during the quarter ended 31st December 1999. The company has benefited from a surge in topline even as operating margins have taken a dip. The sharp rise in other income has also helped the company in posting a higher bottomline.

Somany posts 20% growth in topline

Jan 31, 2000

Somany Floor and Wall Tiles Limited posted a 20% growth in topline for the quarter ended 31st December 1999. The company has however recorded a 1.6% growth in net profits. This was mainly due to a sharp decline in operating margins. The rise in other income and the decline in interest rates has however reduced the downward pressure on the profits.

Glaxo posts 25% decline in net

Oct 26, 1999

The company has posted a 25% decline in net mainly due to the sharp increase in operating costs, interest and depreciation expenditure.

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