PRICOL

Article Abstract:

Premier Instruments & Controls Ltd (Pricol) of Pune supplies meters and electrical panels to major automobile companies. It has captured the leading share in the dashboard panels and allied meters market. (gs) ------------------------------------------------------------ Financial results of Premier Instruments & Controls Ltd ------------------------------------------------------------ Particulars Year ended March (Rs in crore) 1998 1997 ------------------------------------------------------------ Sales turnover 137.66 130.83 ------------------------------------------------------------ Expenditure 110.06 105.61 ------------------------------------------------------------ Interest 5.12 6.23 ------------------------------------------------------------ Gross profit 24.33 22.39 ------------------------------------------------------------ Depreciation 8.41 6.36 ------------------------------------------------------------ Pre-tax profit 15.91 16.03 ------------------------------------------------------------ Tax 4.80 4.90 ------------------------------------------------------------ Net profit 6.00 5.51 ------------------------------------------------------------

Comment:

Posts a decrease in its pre-tax profit to Rs15.91 crore in the year ended 3/98 from Rs16.03 crore in the year ended 3/97

All Other Motor Vehicle Parts Manufacturing, Vehicle Meters, Premier Instruments and Controls Ltd.

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SPIC ELECTRONIC POSTS Rs1.03 CR NET

Article Abstract:

Spic Electronic and System Ltd has achieved a turnaround in 1997- 98 by posting a net profit of Rs1.03 crore as against a net loss of Rs2.92 crore incurred in 1996-97. Its net sales were Rs49.13 crore (Rs27.27 crore). Gross profit was Rs6.39 crore (Rs2.33 crore). Interest charges were Rs3.19 crore (Rs3.66 crore) and depreciation provision was Rs2.16 crore (Rs1.60 crore). The company has converted its integrated circuits manufacturing facility into an export unit under the electronic hardware technology park scheme. (gs)

Comment:

Achieves turnaround in 1997- 98 by posting net profit of Rs1.03 crore vs net loss of Rs2.92 crore incurred in 1996-97

Semiconductor and Related Device Manufacturing, Integrated & Hybrid Circuits, Spic Electronic and System Ltd.

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BHASIN INTERNATIONAL

Article Abstract:

Bhasin International of Bangalore has made a name in landscaping granite items. It produces a range of hand made products like cobbles, kerbs, steps, slabs, garden furniture, bird baths among others. The company has been exporting its granite products to European and Scandinavian countries since its inception in 1992. Its export turnover grew from Rs7 million in 1992 to Rs43 million in 1997. (khr)

Cut Stone and Stone Product Manufacturing, Cut Granite Products, Cut stone, Granite, Bhasin International

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