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

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Higher Turnover and Margins

Higher Turnover and Margins

Higher Turnover and Margins Hansavivek GWALIOR RAYON's performance has been once again quite good, with higher turnover and profits. Margins have widened appreciably, despite increases in various costs. Dividend, lowered from 20 per cent to 17.5 per cent on the capital as enlarged by a one-for-two bonus issue, is covered 4.5 times, against 4.7 times last year. Production of staple fibre expanded, from 63,500 tonnes to 76,600 tonnes, and of rayon grade pulp, from 88,600 tonnes to 107,000 tonnes. The mini- paper plant at Mavoor produced 2,700 tonnes of different varieties of paper

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