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Snowcem net profit up 76%
May 3, 2000The operating margins of Snowcem India Limited is up by 3% due to the impressive growth in sales by 36% for the year ended 31st March 2000. The net profit has also grown sharply from Rs 85 m to Rs 150 m, a growth of 76%, despite significant drop in Other Income which indicates better operational efficiency.
ICI India operating margin decline marginally
May 2, 2000ICI India Limited has posted a marginal increase of 4.2% rise in turnover during the year ended 31st March 2000. But the operating profit margin has come down from 10.6% to 10.3% in FY2000 due to the increase in raw material cost.
Shalimar Paints operating profit margin declines by 2.1%
Apr 29, 2000Shalimar paints operating profit margin declined by 2.1% inspite of net sales increasing by 3%. This can be attributed towards the decline in price realisation. The reduction interest has saved the bottomline to a marginal extent.
Operating margins under pressure
Jan 20, 2000Depsite a 9% increase in the third quarter turnover, Shailmar Paints' operating margins are under pressure. While raw material costs have remained steady the company doesn't seem to have been able to raise prices. Consequently, net profits have risen by 5.70% and primarily because of reduction in interest costs.
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