A+| A| A-


DUNLOP INDIA Facing Stiff Competition DUNLOP INDIA'S overall income has been Rs 329.75 crore against 366.27 crore in 15 months of last financial year. Gross profit is Rs 33.99 crore against Rs 25.98 crore last year, reflecting an increase in profit margins. The provision for depreciation has claimed more and there is also a tax liability of Rs 6.55 crore against nil previously, leaving a net profit of Rs 14.01 crore against Rs 13.48 crore. Net profit to capital employed has declined from 19.3 per cent to 17.5 per cent. The shareholders have been rewarded with an 8-point hike in dividend to 30.50 per cent which is covered 2.26 times by earnings.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

JINDAL VIJAYNAGAR STEEL Sustained Growth Jindal Vijaynagar Steel (JVSL), an O P Jindal group company, is the third largest integrated steel...

JINDAL STAINLESS Stainless Steel Major Jindal Stainless (JSL), a flagship company of the O P Jindal Group, was incorporated in 1970. It is India...

BAJAJ AUTO Pulsating Growth Bajaj Auto (BAL), incorporated in 1960, is the world

TVS MOTOR COMPANY Facing Tough Competition TVS Motor Company, a flagship company of the TVS Group, is India

MARUTI UDYOG Smooth Drive Maruti Udyog (MUL), a joint venture between the government of India (GoI) and Suzuki Motors, Japan, is India

HINDALCO INDUSTRIES Mixed Results Hindalco Industries, the flagship company of the Aditya Birla Group, is one of the lowest cost producers of...

SHIPPING CORPORATION OF INDIA Slow Sailing The Shipping Corporation of India (SCI) was established in 1961 by the amalgamation of Eastern...

INFOSYS TECHNOLOGIES At the Pinnacle Infosys is one of India

WIPRO LTD In Full Swing Wipro holds a prominent position in the world market for information technology (IT) services. It offers software...

Back to Top