Business   

Spurt in ACC's PAT

By Our Staff Correspondent

MUMBAI JULY 24. The Associated Cement Companies has recorded a sharp rise in its profit after tax at Rs. 44.14 crores for the first quarter ended June 30, 2003 against Rs. 19.84 crores in the corresponding period of the previous year.

The profit, before interest, depreciation and taxation, has improved to Rs. 141.6 crores from Rs. 103.65 crores.

The company recorded a net sales of Rs. 962.31 crores against Rs. 881.33 crores with continuing emphasis on cost reduction.

Other income amounted to Rs. 18.86 crores (Rs. 7.97 crores).

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts: Classifieds | Employment | Obituary |

Stories in this Section

• Par Committee approves conversion of IDBI into a bank
• RBI nod for CCIL's new forex clearing system
• SBI's Q1 net up at Rs. 914 cr.
• Satyam income at Rs. 570 cr.
• Bharti Tele to go for U.S. listing
• LG's new range of washing machines
• Spurt in ACC's PAT
• Orchid's profit up
• BPL Mobile achieves financial closure
• HP Gas offers slew of value added services
• Rupee edges up
• Sensex vaults 90 points
• Ranbaxy posts Rs. 197 cr. net in Q2
• Xansa centre in SIPCOT complex
• Industry captains gather at CII meet in Chennai
• FADA's initiative to reduce obsolete inventories
• Bullion rates
• Stock Market Index
• Exchange rates
• Staffware launches India operations
• Bombay Dyeing pact with Citibank
• Syndicate Bank to sell Allianz products
• GE Shipping orders third PSV
• Tanishq COO resigns

Copyright © 2003, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu