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MOREPEN LABS H1 NET SEES 45% INCREASE

Article Abstract:

Morepen Laboratories posted a 45.2 percent increase in net profit to Rs15.06 crore for the first half of 1998-99 (Rs10.37 crore for the first half of 1997-98). Its gross revenues increased to Rs121.35 crore (Rs78.71 crore). Its gross profit before depreciation and tax is estimated at Rs19.03 crore (Rs12.26 crore). (vv)

Comment:

Morepen Laboratories posted a 45.2 percent increase in net profit to Rs15.06 crore for the first half of 1998-99 (Rs10.37 crore for the first half of 1997-98).

Publisher: Bennett, Coleman & Co. Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
United States, Scientific Research and Development Services, Receipt of funds, R&D Facilities, Laboratories, Morepen Laboratories

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VOLTAS, P&H/KOBE GETS Rs247-CR CIL CONTRACT

Article Abstract:

Coal India Limited (CIL) has given a supply contract, worth Rs247 crore, to Voltas and P&H/Kobe. The contract includes supply of 22 electric mining shovels of 10 cubic metres capacity with spares. Voltas is the marketing agent for P&H/Kobe mining equipment. (rk)

Publisher: Bennett, Coleman & Co. Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998

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