ONGC net up 34% to Rs 1981 cr in Q1
New Delhi: Oil and Natural Gas Corporation (ONGC) posted a net profit of Rs 1980.80 crore for the first quarter ending June 30, 2002, registering a growth of 34 per cent over the corresponding period of the previous year. Revenues increased 31 per cent to Rs 7616.78 crore (Rs 5823.41 crore). Crude oil production increased by 0.5 million metric tonnes. (Our Energy Editor)
GE Shipping Q1 net down 53%
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Mumbai: Great Eastern Shipping Company has posted a 53.44 per cent decrease in net profit at Rs 29.54 crore for the quarter ended June 30 compared with Rs 63.44 crore in the corresponding quarter of the previous year. (Our Corporate Bureau)
Tata Tea bottomline rises 27%
Mumbai: Net profit of Tata Tea increased 27 per cent to Rs 19.35 crore in the first quarter of fiscal year 2002-03 over the same quarter last year. Income from operations declined from Rs 192.34 crore to Rs 185.24 crore. Tata Tea