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

A+| A| A-


exchange outgo increased on an annualised basis from Rs 24.39 crore to Rs 31.76 crore. While gross profits showed an impressive rise of 30.7 per cent, profits before tax improved by only 1.6 per cent due to an increase in depreciation charges. Increase in net profits was 13.8 per cent on an annualised basis. During the six months ended September 1991, the net profits of the company declined by 12.1 per cent in spite of an increase of 11.5 per cent in net sales.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top