Financial Daily from THE HINDU group of publications
Tuesday, July 01, 2003
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CORPORATE RESULTS

PHARMACEUTICALS


Aurobindo Pharma net higher at Rs 103 cr — To pay 35 pc dividend
DESPITE a marginal growth of 15 per cent in turnover during the fiscal ended March 31, 2003, Aurobindo Pharma Ltd (APL), the Hyderabad-based pharmaceutical major, has recorded over 50 per cent increase in net profit. The APL board, which took ... More

GENERAL INSURANCE


Tata AIG premium income up at Rs 241 crore
TATA AIG General Insurance Company Ltd, a joint venture between the Tata group and American Internal Group (AIG) on Monday announced a close to three fold jump in premium income to Rs 240.8 crore as on March 31, 2003 from Rs 81.6 crore in the ... More

WATCHES & ACCESSORIES


Titan annual profits down 39 pc
WATCH maker Titan Industries Ltd's turnover reported 10 per cent growth during the financial year 2002-03, moving up from Rs 724.78 crore to Rs 797.90 crore. Profit before exceptional items increased by 34 per cent from Rs 18.56 crore to Rs 24.96 ... More

PUBLIC SECTOR BANKS


Dena Bank Q4 profit rises to Rs 77 crore
AN improvement in the yield on advances, a reduction in cost of deposits and non-performing assets have aided Dena Bank Ltd to post a 105.97 per cent jump in net profit at Rs 77.16 crore for the quarter ended March 31, 2002, compared to Rs 37.46 ... More

FINANCIAL INSTITUTIONS


IFCI net loss down at Rs 260 cr
INDUSTRIAL Finance Corporation of India Ltd (IFCI) has pruned its net loss to Rs 260 crore during the fiscal ended March 31, 2003, against a net loss of Rs 888 crore registered during the previous year. In a release issued here today, IFCI has ... More
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