TPL SALES, NET DOWN IN Q2

Article Abstract:

Tamilnadu Petroproducts Ltd, a part of the MA Chidambaram group of Chennai, has posted a net profit of Rs8.01 crore on sales of Rs79.36 crore in the second quarter of 1998-99 compared to a net profit of Rs11.38 crore on sales of Rs92.92 crore in the second quarter of 1997-98. The company's total expenditure has declined to Rs53.97 crore against Rs66.76 crore while interest charges increased to Rs6.04 crore against Rs4.63 crore. (khr)

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HARITA GRAMMER SALES UP IN H1

Article Abstract:

Harita Grammer Ltd, a part of the TVS group, has increased its sales to Rs27.27 crore in the first half of 1998-99 against Rs24.76 crore in the first half of 1997-98. Its net profit has increased to Rs1.42 crore against Rs1.37 crore. Its interest charges was Rs0.53 crore against Rs0.52 crore while depreciation was Rs0.68 crore against Rs0.46 crore. (khr)

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TATA STEEL SALES SURGE 5 PER CENT

Article Abstract:

Tata Iron and Steel Company (Tisco) posted 5 percent growth in its sales of steel at 1.23 million tonnes in the first half of 1998-99 compared to those in the same period of 1996-97. It may make a net profit of Rs70-80 crore in 1998-99. It recorded 5.7 percent growth in the production of saleable steel. (gs)

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