Date:13/02/2003 URL: http://www.thehindu.com/2003/02/13/stories/2003021302091901.htm

Business - Monitor

India Nippon Q3 sales up 47 p.c.

CHENNAI: India Nippon Electricals has recorded a 47 per cent rise in sales at Rs. 45.07 crores in the third quarter of 2002-03 against Rs. 30.65 crores in the same period in the previous year. After providing Rs. 3 lakhs (same) towards interest charges, Rs. 79 lakhs (Rs. 63 lakhs) for depreciation, the net profit stood higher at Rs. 6.90 crores against Rs. 4.47 crores.