ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Windfall for Synthetics

Windfall for Synthetics Hansavivek SWADESHI POLYTEX has fared so well during the year ended September 30, 1970, that it has wiped off the entire accumulated loss of Rs 1.55 crores, written off preliminary and deferred revenue expenditure of Rs 27 lakhs, and cleared the arrears of preferential dividends of the past five years while recommending payment of a maiden equity dividend of 15 per cent, The company's total production was 4,804 tonnes of polyester staple fibre

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