ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Planned Diversification

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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