Gross
Profit after Interest
but before depreciation and taxation
660
425
1539
1280
1667
Depreciation
276
252
829
697
939
Profit
before Tax
[1+2]-[3+4+6]
384
173
710
583
728
Provision
for taxation[MAT]
--
--
--
--
77
Net
Profit
384
173
710
583
651
Reserves
Excluding Revaluation Reserves
--
--
--
--
2800
Paid
Up Equity Share Capital
950
950
950
950
950
Dividend
--
--
--
--
20%
Total
Income
Increased
by 49% to Rs. 18098 lacs
Gross
Profit
Jumped
by 20.23% to Rs. 1539 lacs
Net
Profit
Improved
by 22% to Rs. 710 lacs
Earnings
Per Share
Rs.
9.96 [Annualised on current equity of Rs. 950 lacs]
Cash
Earnings Profits
Rs.
21.60 [Annuualised on current equity of Rs. 950 lacs]
Production
& Installed Capacity
Increased
by 63.20% to 41651 t.p.a due to successful commissioning of
5th & 6th P.O.Y lines as well as two more Texturising
machines along with existings D.T. Machines
Diversification
The
company has ambitious plans for Diversification to enter into
Information Technology bussiness as well as enter into Power
generation sector.
Backward
Integration
The
Company has also plans for manufacture of Polyster Chips
Investor
Services
In
continuation of providing better investor friendly services
and to facilitate the shareholders of the company to trade
and hold euity shares of the company in electronic form the
company had joined the national securities depository ltd.
Note:
The
Above financial results were approved by the Board of Directors
at the meeting held on 21st Janaury, 2000
Provision
for Income Tax will be made at the end of the Year.
