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


to the employees and the plant is offered for sale independent of any commitment to the employees. MARDIA CHEMICALS Rise in Sales Mardia Chemicals, manufacturer of dyes and dye intermediates, closed the fianancial year ended March 1995 with a sales turnover of Rs 228 crore, up by 100 per cent from Rs 114 crore recorded in the previous year. Other income rose from Rs 2 crore to Rs 7 crore. Interest cost moved up from Rs 3 crore to Rs 4 crore, Provision for depreciation moved up by 49 per cent. Aided by a nil tax provision as in the previous year, the company closed the year with a net profit of Rs 37 crore, up by 85 per cent from Rs 20 crore in the previous year. The directors have recommended a dividend of 30 per cent.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) 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