Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (9124)	10/29/1999 10:40:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

Sona Koyo (India) Ltd profits sky-rocket by 72 pc sonagroup.com October 29, 1999, 11:30 Hrs (IST) New Delhi: Sona Koyo Steering Systems Ltd. (Sona) has reported a 72.6 per cent increase in net profits at Rs 5.11 crore for the half-year ended September 30, 1999, as against Rs 2.96 crore for the same period in the previous year. The turnover for the same period went up by 42 per cent at Rs 110.65 crore (previous year Rs 77.81 crore) as a result of preferences shares amounting to Rs 10 crore issued to Koyo Seiko Co, Ltd, Japan at a coupon of ten per cent p.a. Sona also expects to reduce its debt serving cost in the current financial year, a company release said. UNI