BASF India Net Falls To Rs 12 Crore

Mubai, July 30: | Updated: Jul 31 2002, 05:30am hrs
BASF India Ltd has posted a marginal fall in the net profit for the quarter ended June 30, 2002 at Rs 11.69 crore as compared to Rs 11.08 crore for the quarter ended June 30, 2001. Total income (net of excise) for the reporting quarter has increased from Rs 151.89 crore to Rs 165.54 crore during the same quarter last year.

Nirma Net Profit Declines To Rs 45.5 Cr
Nirma Ltd has posted a decline in the net profit for the quarter ended June 30, 2002 at Rs 45.45 crore as compared to Rs 43.17 crore for the same quarter in the last year. Total income during the reporting quarter has increased from Rs 540.56 crore to Rs 555.59 crore in the corresponding quarter last year.

Mirc Electronics Records Rs 7.5-crore Net
Mirc Electronics Ltd has posted a net profit of Rs 7.5 crore for the quarter ended June 30, 2002 as compared to Rs 2.47 crore for the quarter ended June 30, 2001. Total income during the reporting quarter has increased from Rs 125.19 crore to Rs 176 crore. The company added that the performance for the current three months ended June 30, 2002, is better than the corresponding three months of the previous year due to the World cup football sales.

Voltas Net Profit Rises To Rs 2.8 Cr In June-quarter
Voltas Ltd has posted a net profit of Rs 2.77 crore for the quarter ended June 30, 2002 as compared to Rs 1.77 crore for the quarter ended June 30, 2001. Total income (net of excise) has increased from Rs 233.33 crore for the quarter ended June 30, 2001 to Rs 289.95 crore in the reporting quarter. The figures for the two quarter are not comparable since the room air conditioners manufacturing facility at Dadra was transferred to a joint venture with effect from October 01, 2001.

National Organic Posts Rs 27-cr Net Loss
National Organic Chemical Industries Ltd has posted a net loss of Rs 27.35 crore for the quarter ended June 30, 2002 as compared to a net loss of Rs 13.08 crore for the quarter ended June 30, 2001. Total income (net of excise) has decreased from Rs 203.1 crore for the quarter ended June 30, 2001 to Rs 104.56 crore for the reporting quarter.

Saregama India Posts Rs 13.2-crore Net Loss
Saregama India Ltd has posted a net loss of Rs 13.15 crore for the quarter ended June 30, 2002 as compared to a net loss of Rs 65 lakh for the quarter ended June 30, 2001. Total income has decreased from Rs 29.68 crore for the quarter ended June 30, 2001 to Rs 23.65 crore in the reporting quarter.

GCHL Net Declines To Rs 22.2 Crore
GlaxoSmithKline Consumer Healthcare Ltd (GCHL) has posted a net profit of Rs 22.18 crore for the quarter ended June 30, 2002 as compared to Rs 40.3 crore for the quarter ended June 30, 2001. Total income has decreased from Rs 219.05 crore for the quarter ended June 30, 2001 to Rs 160 crore.

GE Shipping Net Dips 53% To Rs 30 Crore
Great Eastern Shipping Company Ltd (GE Shipping) has registered a 53.4 per cent decline in net profit to Rs 29.54 crore for the quarter ended June 30, 2002 from Rs 63.44 crore.