Getting Back from the Brink

Getting Back from the Brink?
Hansavivek ALUMINIUM INDUSTRIES (ALIND) has shown a fresh net loss of Rs 7,87 crore in the year ended March 1985 as against Rs 6.43 crore in the previous year, although it could achieve a higher turnover of Rs 41.86 crore against Rs 29.70 crore. After some adjustments, the deficit carried forward has mounted up to Rs 14-69 crore to stand against share capital of Rs 3.54 crore and reserves of Rs 20 lakh. Dividends on preference as well as equity shares have been again skipped.