Briefings

Updated: Jul 30 2002, 05:30am hrs
Seshasayee Paper Net At Rs 1.56 Crore
Seshasayee Paper and Boards Ltd has reported a net profit of Rs 1.56 crore during the quarter ended June 30, 2002 as against net loss of Rs 3.20 crore in the same period previous year. Income from operations of the company stood at Rs 85.31 crore, about 16 per cent growth over the corresponding previous year performance of Rs 73.56 crore. Interest and depreciation were Rs 6.49 crore (Rs 7.35 crore) and Rs 2.85 crore (Rs 2.85 crore) respectively, said a company release.

Ramco Net Up 9% To Rs 6.48 Crore
Ramco Industries Ltd has reported a nine per cent growth in its net profit during the quarter ended June 30, 2002. Net profit of the company stood at Rs 6.48 crore compared to Rs 5.92 crore in the corresponding quarter previous year. Net sales has shown a marginal increase of 2.2 per cent at Rs 48.26 crore (Rs 47.22 crore). Interest and depreciation were Rs 1.84 crore (Rs 2.13 crore) and Rs 1.01 crore (Rs 1.20 crore) respectively.

Sundaram Brake Linings Net Leaps By 160%
Sundaram Brake Linings Ltd has reported a 160 per cent growth in its net profit during the quarter ended June 30, 2002. Net profit of the company stood at Rs 1.69 crore as against Rs 0.65 crore in the same period previous year. Net sales including exports has gone up to Rs 24.04 crore (Rs 19.19 crore). Interest and depreciation were at Rs 0.96 crore (Rs one crore) and Rs 0.89 crore (Rs 0.88 crore) respectively.