The aggregate sales of these 100 companies rose 31.7 per cent to Rs 64,371.92 crore.

Gross profit also showed rise of 27.10 per cent to Rs 13,372 crore in 1999-2000 from the level of Rs 10,521 crore in 1998-99.

Profit before tax (PBT) of the above number of companies, on an annualised basis went up by 32.64 per cent to Rs 9,323 crore in 1999-2000.

Profit after tax, which are allocated between dividends and retained earnings, rose to Rs 7,979 crore in 1999-2000 from Rs 6,135 crore in 1998-99.

Of the 100 companies, six firms namely-Global Tele-systems, Shree Krishna Paper Mills, Sunrise Industrial Traders, Surana Telecom, Subex Systems and VisualSoft Technologies-more than doubled their gross profit. Among them highest of 368.8 per cent was achieved by Subex Systems. A 166.1 per cent spurt in sales helped the company to achieve the highest growth in gross profit. On the other hand, nine companies lowered their gross profit by more than 50 per cent compared with that of previous corresponding period.

In PBT, eleven companies namely-AVT Natural Product, Centurion Bank, Global Tele-Systems, Kudremukh Iron Ore Co, Monnet Ispat, Shree Krishna Paper Mills, Subex Systems, Sunrise Industrial Traders, Surana Telecom, Visaka Industries and VisualSoft Technologies-have recorded an increase of 100 per cent or more. However, eleven companies have lowered their PBT by more than 50 per cent.

As far as PAT is concerned, twelve companies have reported an increase of more than 100 per cent with Shree Krishna Paper Mills recorded an increase of more than 800 per cent.

As many as twelve companies lowered their net profit by more than 50 per cent. Notable among them are Alchemie Organics (83.6 per cent), India Polyfibres (98 per cent), Nestle (88.6 per cent) and Upper Ganges Sugar (92.9 per cent).

As many as twelve companies suffered losses during 1999-2000. Significant among them are Birla Corp (Rs.38 crore), Kerala Chem (Rs 9 crore) and Acme Mfg (Rs 6 crore).

Among the 100 companies, the top five in respect of PAT to sales ratio during 1999-2000 were Sunrise Industrial Traders (91.97 per cent) followed by Clio Infotech (61.04 per cent), Pilani Investment & Industries (55.19 per cent), Fortune Informatics (45.31 per cent) and VisualSoft Technologies (41.75 per cent).

PAT formed less than 1 per cent of sales in the case of Alchemie Organics, Andrew Yule & Co, Fem Care Pharma, Howrah Mills Co, Mangalam Timber Product, Sahi Shipping, Shree Akkamamba Textile and Upper Ganges Sugar.

A significant increase in the PAT to sales ratio during 1999-2000 from the level of 1998-99 was recorded by Fortune Informatics (45.31 per cent from 3.40 per cent), Global Tele-systems (36.55 per cent from 11.82 per cent), National Hydro Electric Power (37.07 per cent from 25.35 per cent), AVT Natural Product (21.17 per cent from 13.34 per cent) and Dredging Corp of India (25.72 per cent from 18.86 per cent).

A reverse trend can be seen in the case of Engineers India (20.35 per cent from 30.14 per cent), Gujarat Mineral Devlop Co (18.03 per cent from 36.45 per cent) and India Polyfibres (6.71 per cent from 103.99 per cent).The aggregate EPS of the 100 companies increased by 56.40 per cent to 6.35 in 1999-2000 from the level of Rs 4.06 in 1998-99.

Aggregates
This week's addition of 100 companies with previous two weeks' 92 companies results also showed an increase in sales. The total of 192 companies sales increased by 36.09 per cent to Rs 97,082 crore during 1999-2000 from Rs 71,337 crore in 1998-99.

The operating profit of these 192 companies showed a rise of 25.99 per cent to Rs 24,672 crore from Rs 19,582 crore during 1998-99. The gross profit of these companies also increased by 29.99 per cent to Rs 17,854 crore during 1999-2000 from Rs 13,735 crore in 1998-99.

The PBT rose by 36.99 per cent to Rs 12,791 crore in 1999-2000 from the level of Rs 9,337 crore in 1998-99 and PAT also rose by 30.22 per cent to Rs 10,604 crore during 1999-2000 from Rs 8,143 crore in 1998-99.

The ratio of PAT to sales decline from 11.41 per cent in 1998-99 to 10.92 per cent in 1999-2000. But the aggregate EPS of these companies increased from Rs 4.55 in 1998-99 to Rs 6.98 in 1999-2000.

Quarterly performance
Last week, 100 companies' fourth-quarterly results are available. Among the results collected, magnificent growth in the sales was witnessed in the case of Octagon Technology (881.8 per cent), Calio Infotech (687 per cent), Sofia Software (549.2 per cent), Ashirwad Capital (500 per cent), Abee Info-Consumables (305 per cent) and Washington Software (253.5 per cent).

A reverse trend can be seen in the case of India Polyfibres (73.5 per cent), AFT industries (55.2 per cent), Centurion Bank (44.9 per cent), Hotline Teletube & Components (37.4 per cent) and Hotline Glass (34.1 per cent).

On the profit front, significant growth in PAT was witnessed in the case of Sofia Software (714.3 per cent), Global Tele-systems (492.5 per cent), Max India (475.7 per cent), Kaashyap Radiant Systems (389.7 per cent) and Ceekay Daikin (242.9 per cent).

A significant drop in PAT was observed in the case of Madras Fertilizers (79.8 per cent), Shree Bhawani Paper Mills (77.8 per cent), Andrew Yule & Co (75.2 per cent) and Mangalam Timber (70.5 per cent).

A more than 20 per cent PAT to sales ratio was observed during the fourth quarter in the case of eighteen companies.

Most important among them are Octagon Technology (83.33 per cent), Global Tele-systems (79.51 per cent), Calio Infotech (68.51 per cent) and Madura Coats (64.90 per cent).

A significant rise in the PAT to sales ratio was seen in the case of Global Tele-systems (from 16.89 per cent in 1998-99 to 79.51 per cent in 1999-2000), Madura Coats (1.76 per cent to 64.90 per cent), Max India (9.66 per cent to 22.44 per cent) and Washington Software (4.23 per cent to 23.11 per cent).

An opposite trend can be seen in the case of Mangalam Timber (40.58 per cent to 9.96 per cent) and Nicco Parks & Resorts (26.09 per cent to 14.53 per cent).

The net profit of 100 companies increased by 60.45 per cent to Rs 1,189 crore in 1999-2000 from Rs 741 crore in 1998-99, while sales improved by 12.16 per cent during the same period.

This week's addition of 100 companies with the previous two weeks' 126 companies fourth-quarter results also showed a rise in net profit. The total of 226 companies net profit increased by 85.8 per cent to Rs 2,055 crore during Jan-Mar 2000 from the level of Rs 1,106 crore during corresponding quarter last year. The PAT to sales ratio of these companies rose from 6.04 per cent to 9.18 per cent, while EPS of these companies increased from Rs 1.08 to Rs 1.78 in 1999-2000.