ALL SEES FURTHER DENT IN PROFITS

Article Abstract:

Ashok Leyland Limited (ALL) has incurred a loss of Rs36.72 crore in the first half of 1998-99. Its turnover has declined by 7.1 percent to Rs858.67 crore (Rs924.32 crore in the first half of 1997-98). It posted a cash profit of Rs15.65 crore and a gross profit of Rs34.8 lakh in the second quarter of 1998-99. It sold 12,081 vehicles in the first half of 1998-99 (14,815 vehicles). Its market share has increased from 29 percent to 37 percent in the first half of 1998-99. (rk)

Motor Vehicles & Parts, Transportation Equipment Manufacturing, Ashok Leyland Ltd.

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HINDUSTAN INKS NET JUMPS

Article Abstract:

The net profit of Hindustan Inks and Resins has increased by 130 percent to Rs5.43 crore in the third quarter of 1998-99 compared to Rs2.35 crore in the third quarter of 1997-98. Its net sales increased by 48 percent to Rs38 crore from Rs25 crore. (khr)

All Other Miscellaneous Chemical Product and Preparation Manufacturing, Block Printing Inks, Printing inks, Hindustan Inks and Resins

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