ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Planned Diversification Kumaran Pola VOLTAS' sales net of excise duty increased to Rs 451.19 crore during the year ended March 31, 1990 from Rs 239.72 crore during the seven-month period ended March 31, 1989. On an annualised basis, this represented a 10 per cent growth. The company recorded a 23 per cent growth (annualised) in net profits to Rs 18.16 crore from Rs 8.63 crore during the preceding seven-month period. The directors attribute this improvement to, among other things, the merger of Volrho whose full-year results are included in the company's accounts.

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