Brief: India's Banco Products (India) Sept-Qtr Profit Falls

Banco Products (India)

25/10/2018 13:41

Oct 25 (Reuters) - Banco Products (India) Ltd  BNCO.NS :
    * SEPT QUARTER CONSOL NET PROFIT 367.1 MILLION RUPEES VERSUS
376.1
MILLION RUPEES YEAR AGO
    * SEPT QUARTER TOTAL INCOME FROM OPERATIONS 4.37 BILLION
RUPEES
VERSUS 3.95 BILLION RUPEES YEAR AGO
    * BANCO PRODUCTS (INDIA) - DECIDED TO EXIT UNRELATED
BUSINESS AND
RESTRICT TO CORE BUSINESS OF AUTO & AUTO ANCILLARIES AND RELATED
BUSINESSES
    * BANCO PRODUCTS (INDIA) - APPROVED SALE OF LAKE MINERALS
(MAURITIUS), MAURITIUS (LMML)
    * BANCO PRODUCTS (INDIA) SAYS APPROVED SALE OF ITS 5% EQUITY
SHAREHOLDING OF KILIMANJARO BIOCHEM LIMITED TO AGRO SCIENTIFIC
INVESTMENTS LIMITED
    * BANCO PRODUCTS (INDIA) - CONSIDERATION FOR SALE OF LAKE
MINERALS
(MAURITIUS), MAURITIUS (LMML) IS 435.5  MILLION RUPEES
    * BANCO PRODUCTS (INDIA) SAYS CONSIDERATION FOR SALE OF
KILIMANJARO BIOCHEM LIMITED IS 22.9 MILLION RUPEES

Source text : https://bit.ly/2yAtYmn
Further company coverage:  BNCO.NS 

 ((Reuters.Briefs@thomsonreuters.com;))