ANSAL PROPERTIES AND INDUSTRIES
Article Abstract:
Ansal Properties and Industries (API) posted net profit of Rs5.80 crore on a turnover of Rs116.60 crore for the nine months ended December 1998. API is involved in the construction business. Its interest outflow amounts to Rs14.08 crore. It has an outstanding total debt of Rs153.95 crore and fixed deposits of Rs11.52 crore. A large portion of APL's funds is invested in a hotel project in Russia which has been suspended. (tsm)(vr)
Comment:
Ansal Properties and Industries (API) posted net profit of Rs5.80 crore on a turnover of Rs116.60 crore for the nine months ended December 1998.
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1999
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ACE INTEGRATED FINANCE
Article Abstract:
Ace Integrated Finance, a non-banking finance company, had projected a total income of Rs4.90 crore and a net profit of Rs1.35 crore for the year ended June 1997. But it was able to show a total income of Rs0.81 crore and a net profit of Rs0.02 crore in the 18 months ended December 1997. The company plans to diversify into manufacturing activities, import, export and trading of various commodities and plant and machinery. (khr)
Comment:
Ace Integrated Finance, a non-banking finance company, had projected a total income of Rs4.90 crore and a net profit of Rs1.35 crore for the year ended June 1997.
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1998
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