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

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Hit by Cost Escalation

Hit by Cost Escalation Kumaran Pola SYNTHETICS AND CHEMICALS, despite a 15 per cent increase in sales to Rs 119 crore, experienced a setback in profits and profitability in the year ended March 31, 1990. Operating profits declined by 12 per cent and net profit by 39 per cent. The expenses-to-sales ratio worsened latest year. According to the directors, the

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