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

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ITC, Deepak Fertilisers, Century Textiles

ITC Up the Value Chain CIGARETTE major ITC fared well in 1998-99, notching up a 24.5 per cent increase in its operating profit on 11.9 per cent higher net sales. Despite sharp increases in interest charges (up 43.1 per cent), depreciation (higher by 19.2 per cent) and tax provision (up 18.5 per cent), the company

Eid-Parry (India), EIH, Mahindra and Mahindra

EID-PARRY (INDIA) Focus on Sanitaryware A PART of the Murugappa group of companies, EID-Parry (India) (EID) fared well in 1998-99. The company is engaged in the manufacture of complex fertilisers and urea (which account for 29.2 per cent of total turnover), sugar (17 per cent), ammonium phosphate (16.5 per cent), plant protection products (12.3 per cent), sanitaryware and fittings (9.5 per cent) and tiles (2.2 per cent).

Industrial Recovery on the Horizon

GDP is expected to grow by 6 per cent in 1999-2000, the same as last year, but a major qualitative change expected this year is the possible recovery in the manufacturing sector after three years of sluggish growth; the impetus to recovery seems to have originated in increased availability of bank finance.

Colour Chem, Telco, Hero Honda

COLOUR-CHEM Mixed Performance SPECIALITY chemicals major, Colour- Chem, has five divisions

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