MONSANTO CHEMICALS OF INDIA-Improved Return on Investment

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