TN PETRO Q3 NET UP 84%

Article Abstract:

Tamil Nadu Petroproducts Ltd (TNPL) has posted a 84 percent growth in net profit to Rs10.70 crore for the third quarter of 1998-99 (Rs5.81 crore for the third quarter of 1997-98). Its net sales increased by 3.5 percent to Rs87.87 crore (Rs84.87 crore). It posted a gross profit of Rs27.05 crore (Rs20.06 crore). Its interest costs rose to Rs8.90 crore (Rs6.11 crore). It has provided Rs7.45 crore for depreciation (Rs7.30 crore). It posted a net profit of Rs27.77 crore on net sales of Rs271 crore for the nine months ended December 31, 1998. (rk)(vr)

Comment:

Tamil Nadu Petroproducts Ltd (TNPL) has posted a 84 percent growth in net profit to Rs10.70 crore for the third quarter of 1998-99 (Rs5.81 crore for the third quarter of 1997-98).

All Other Petroleum and Coal Products Manufacturing, Petroleum Products NEC, Petroleum products, Tamil Nadu Petroproducts Ltd.

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AFT INDUSTRIES LTD: FINANCIAL RESULTS

Article Abstract:

AFT Industries Ltd of Talap in Assam, a part of the Apeejay Surrendra group which manufactures and markets tea, has announced its unaudited financial results for the quarter ended December 31, 1998. (khr)

All Other Miscellaneous Crop Farming, Tea, Tea (Plant)

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