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

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KESAR ENTERPRISES-Fruits of Expansion

SEARLE (INDIA) Improved Performance SEARLE INDlA, the pharma-cum-posticides firm, has done well in 1993-94 after having suffered a decline in its margins the previous year. Net sales were Rs 103.25 crore (5 per cent rise), operating profit Rs 14.53 crore (up by 21 per cent) and net profits rose by 32 per cent (from Rs 4.41 crore to Rs 5.83 crore). The results were helped by increase in other income by Rs 1.23 crore and decline in interest charges and depreciation by 4 per cent. The dividend was raised by 8 per cent to 28 percent. Debt-equity ratio has fluctuated at 39 per cent in 1991-92. 44 per cent in to total assets and sales to gross fixed assets

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