FINOLEX INDUSTRIES LIMITED
Article Abstract:
Finolex Industries Ltd of Pune has announced its audited financial results for the year ended July 31, 1998. Its PVC plant did not operate from March 21, 1998 to May 16, 1998 due to an illegal strike by workers. (khr) --------------------------------------------------------- Audited Financial Results of Finolex Industries Ltd --------------------------------------------------------- Particulars 16 months ended 12 months ended (Rs in million) 31.7.1998 31.3.1997 --------------------------------------------------------- Net sales 8264.955 5767.840 --------------------------------------------------------- Other income 93.919 74.502 --------------------------------------------------------- Total expenditure 7326.991 4715.958 --------------------------------------------------------- Interest 647.505 552.933 --------------------------------------------------------- Gross profit 384.378 573.451 --------------------------------------------------------- Depreciation 493.950 332.105 --------------------------------------------------------- Tax 0.600 31.600 --------------------------------------------------------- Net profit -110.172 209.813 --------------------------------------------------------- Equity share capital 1486.972 1486.972 --------------------------------------------------------- Reserves 2580.066 2691.433 ---------------------------------------------------------
Comment:
Posts net sales of Rs8264.955 mil for 16 months ended 7/31/98 versus Rs5767.84 mil for 12 months ended 3/31/97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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YODEVA PLASTICS PRIVATE LIMITED
Article Abstract:
Yodeva Plastics Pvt Ltd produces plastic rigid containers, bottles and closures. It undertakes contract manufacturing. Now, it has contracts for brands like Head & Shoulders, Pantene, Shower to Shower, Gelusil, Robin Blue and Cherry Blossom. It works in the MRP II environment and offers JIT- based solutions. To export specialised moulded closures to USA and Europe, it has signed a technical joint venture pact with American Technologies Inc. Yodeva Plastics Pvt Ltd also proposes to go public in a year. (ag/kvr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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