ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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MAFATLAL INDUSTRIES-Selective Modernisation

INDIAN ORGANIC CHEMICALS (IOC) has registered a fair improvement in its working during the year ended March 31. turnover has reached a new peak at Rs 156 crore against Rs 92 crore previously and yielded a gross profit of Rs 17.48 crore against a trading loss of Rs 1.63 crore. After necessary provisions, there is a net profit of Rs 5.44 crore compared to a net loss of Rs 11.12 crore. The directors have recommended a dividend of 10 per cent which was passed over last year.

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