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

GUJARAT ALKALIES-High Dividend on Enlarged Capital

GUJARAT ALKALIES High Dividend on Enlarged Capital GUJARAT ALKALIES AND CHEMICALS has recorded an increase in profitability as measured by the gross profit to sales ratio from 12.7 per cent last year to 144 per cent in 1987-88. However, net profit to capital employed only declined from 11.6 per cent last year to 7.7 in 1987-88 due to a higher provision for depreciation. In spite of this, the directors have maintained the dividend at 26 per cent on an enlarged capital.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) 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.

Back to Top