PTC India Q4 net dips 19%
Power Trading Corporation said on Friday its net profit for the fourth quarter ended March 31, 2009, declined 18.78 per cent to Rs 15.61 crore over the same period a year ago. The company had a net profit of Rs 19.22 crore in the same quarter last year.
Tube Investments posts Rs 4.4 cr Q4 loss
Tube Investments of India, a part of Chennai-based Murugappa group, has reported a loss of Rs 4.43 crore for the quarter ended March 31, 2009, compared with a profit of Rs 9.14 crore in the same period a year ago. The company’s total revenue dropped to Rs 473.59 crore from Rs 485.15 crore, a drop of 2 per cent.