
Saturday, May 22, 1999
HM saddled by interest cost, net loss at Rs 28 cr
C K Birla's Hindustan Motors Ltd plunged into the red with a net loss of Rs 28.17 crore for the year to March 31, 1999, against a net profit of Rs 39.35 crore in the previous year.
HLL sets up team to chalk out blueprint
Hindustan Lever (HLL) chairman Keki Dadiseth said on Thursday that the company's success in newly-launched businesses like branded staples, customised personal-care products and vending may spur it to venture out in a major way into such areas.
Tata Tea net up 26% to Rs 128.81 cr, dividend Rs 11 per share
Tata Tea has reported a 26% rise in net profit to Rs 128.81 crore for the year ended March 31, 1999, against Rs 102.16 crore recorded in the previous fiscal.
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