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

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BIRLA JUTE-Improved Profitability

The overall expenses-to-sales ratio works out higher at 0.92:1 in 1990-91 than 0.90:1 in the previous year. Consequent to the Gulf crisis, the price of naphtha, the basic feedstock, went up by 24 per cent. This led to an increase in prices of almost all the input materials. Raw materials consumed showed an increase of 18 per cent and power and fuel of 21 per cent. The operating profits of the company recorded a decline of 5 per cent over the previous year and net profits fell sharply by 15 per cent.

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