OCL INDIA LIMITED
Article Abstract:
OCL India Limited, Ranganpur, Orissa, has recommended a 25 percent dividend for 1997-98 (50 percent in 1996-97). The company incurred an expenditure of Rs7,590 lakh for expansion of its cement plant and Rs3,210 lakh for expansion of its refractory plant and Rs1,329 lakh for modernisation of its refractory plant. (vv) --------------------------------------------------------- Audited Financial Results of OCL India Limited (Rs in lakh) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Sales 29,568 28,553 --------------------------------------------------------- Other income 1,149 721 --------------------------------------------------------- Total expenditure 26,411 24,713 --------------------------------------------------------- Interest 2,904 2,435 --------------------------------------------------------- Gross profit 1,402 2,126 --------------------------------------------------------- Depreciation 1,234 766 --------------------------------------------------------- Tax 2 210 --------------------------------------------------------- Net profit 166 1,150 --------------------------------------------------------- Paid up equity share capital 708 581 --------------------------------------------------------- Reserves and surplus 12,908 11,866 ---------------------------------------------------------
Comment:
Will give 25% dividend for 1997-98, 50% increase from dividends given in 1996-1997
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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PRIYADARSHINI CEMENT LIMITED
Article Abstract:
Priyadarshini Cement Ltd of Hyderabad has declared its unaudited financial results for the quarter ended June 30, 1998. (khr) --------------------------------------------------------- Unaudited Financial Results of Priyadarshini Cement Ltd --------------------------------------------------------- Particulars Quarter ended Year ended (Rs in lakh) 30.6.1998 31.3.1998* --------------------------------------------------------- Net sales 3,312 14,075 --------------------------------------------------------- Other income 3 98 --------------------------------------------------------- Total expenditure 2,704 11,127 --------------------------------------------------------- Interest 120 500 --------------------------------------------------------- Gross profit after interest 491 2,546 --------------------------------------------------------- Depreciation 90 323 --------------------------------------------------------- Tax - 750 --------------------------------------------------------- Net profit 401 1,333 --------------------------------------------------------- Equity share capital 2,211 2,211 --------------------------------------------------------- Reserves - 3,508 --------------------------------------------------------- * Audited ---------------------------------------------------------
Comment:
Posts gross profit after interest of Rs2,546 lakh for year ended 1997-98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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