The total revenues for the quarter were pegged at Rs 32.61 crore, a dip from Rs 68.08 in the corresponding quarter last fiscal.However the total revenues for the April-June quarter 1999 also included revenues from domestic products operations which has since become a part of Compaq's operations.

The quarters' net profits stood at Rs 5.7 crore compared to Rs 41.61 crore last fiscal. According to the official release, the current quarter would signify the beginning of the company's consolidation and growth phase following the completion of its corporate transformation.

BSL net grows 46 per cent to Rs 1.4 cr
The Rs 1,580 crore LNJ Bhilwara group company, BSL Limited has reported a 46.4 per cent growth in net profit to Rs 1.42 crore for the first quarter ended June 2000. Turnover during the quarter improved 13 per cent to Rs 37.01 crore, up from Rs 32.77 crore reported last year. Exports during the year were up 28 per cent to Rs 13.78 crore against Rs 10.73 crore.

Development of new products will help the company cater to the changing demands of the consumer today, said BSL chairman and managing director, Arun Churiwal.

Today's posts Rs 1.19 cr net
Today's Writing Products has posted a 136 per cent spurt in turnover to Rs 15.5 crore and a 135 per cent rise in net profit of Rs 1.19 crore for the first quarter ended June 2000. Earning per share has risen from Rs 0.8 to Rs 1.88 in the first quarter on an equity base of Rs 6.3 crore. The company, one of India's leading writing instruments companies, has earmarked a Rs 18 crore expansion project to increase its capacity from 12 lakh pen/refills a day to 20 lakh pens/refills per day. The company is investing Rs 6.5 crore in its mould manufacturing plant, Rs 5.5 crore in the Nashik plant manufacturing gel pens and Rs 6 crore in upgrading existing machines and installing new ones.

Indian Shaving turnover jumps 43 per cent to Rs 82.8 crore
Indian Shaving Products Limited, a Gillette subsidiary, reported a 43 per cent jump in turnover to Rs 82.84 crore, up from Rs 58.04 crore for the second quarter ended June, 2000. Pre-tax profit at Rs 9.26 crore was up 22 per cent from Rs 7.62 crore reported in the corresponding quarter of last year.

Post-tax profits were up 9 per cent to Rs 5.12 crore against 4.69 crore reported during the same quarter last year. Annualised earning per share at Rs 16 was up from Rs 14.6 last year. Domestic sales grew 54 per cent to Rs 63 crore while sales of diversified operations increased by 27 per cent to Rs 17.6 crore.

The double-edged segment of the company grew at over 40 per cent while disposables grew by 25 per cent. The recently introduced MACH 3 has received a good response and has recorded substantial sales in the second quarter.

Tata Investment Q1 profit Rs 25cr
Tata Investment Corporation Ltd has posted a net profit of Rs 25.22 crore for the quarter ended June, 2000 as against Rs 5.77 crore in the corresponding quarter in the previous year. The total income rose to Rs 27.05 crore from Rs 6.89 crore in the corresponding quarter.

Exide net profit rise in Q1
Exide Industries Ltd posted a rise in net profit to Rs 7.03 crore in the first three months to June 30, 2000 as compared to Rs 6.50 crore in the same period last year. Operating profit of the battery major increased by around 10 per cent to Rs 33.12 crore in the quarter to June 30, 2000, as compared to Rs 30.65 crore in the sane period of fiscal 1999-2000. Net sales went up marginally to Rs 158.63 crore to June 30, 2000, as compared to Rs 156.60 in the first quarter of fiscal 1999-2000.

Coates Q1 net rises to Rs 20.2 lakh
Coates of India Ltd registered a net profit of Rs 20.24 lakh to the quarter ended June 30, 2000, as compared to a Rs 29.06 lakh net profit in the same period of fiscal 1999-2000. Net sales increased to Rs 4.20 crore in the first quarter to June 30, 2000, against Rs 3.96 crore in the same period of previous fiscal.

Gestetner losses dip marginally
Gestetner (India) Ltd losses dipped marginally to Rs 74.87 lakh in the first quarter to June 30, 2000, as compared to Rs 80.16 lakh in the same period of fiscal 1999-2000. Net sales increased to Rs 13.24 crore in the first quarter of current fiscal from Rs 11.29 crore in the same period of fiscal 1999-2000. While depreciation dipped marginally to Rs 22.01 lakh interest charges increased to Rs 34.10 lakh in the first quarter of the current fiscal as compared to the same period in fiscal 1999-2000.

Uniworth Textiles net loss rise in Q1
Uniworth Textiles Ltd net losses increased to Rs 1.38 crore in the first quarter to June 30, 2000, as compared to Rs 1.05 crore in the same period of fiscal 1999-2000. Net sales of the company dipped sharply to Rs 12.64 crore in the first quarter of 2000-01 as compared to Rs 20.85 crore in the same period of the previous fiscal.

Warren Tea posts Rs 49 lakh net
Warren Tea Ltd on Monday reported a net profit of Rs 49 lakh for the first quarter ended June 30, 2000, compared with Rs 88 lakh in the corresponding period last year.

In a statement to the stock exchange, the company has cited "depressed unit sale price" for the lower profits.

Net sales have touched Rs 11.53 crore in this quarter compared with Rs 12.42 crore in the corresponding quarter last year.

While the net expenditure has gone down from Rs 9.95 crore last year to Rs 9.2 crore this year, provision for taxation has risen from Rs 60 lakh last year to Rs 66 lakh this year.