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

A+| A| A-

Fit Tight Slows Expansion

February 17, 1968 in 1965-66 due to severe competition from Hongkong and Pakistan. Financial results show total sales Rs 12 lakhs lower at Rs 2.44 crores and gross profit Rs 1 lakh lower at Rs 17 lakhs. Out of the net profit of Rs 6 lakhs (Rs 7 lakhs), the unchanged 12 per cent equity distribution will absorb Rs 4 lakhs and the usual payment on preference and deferred shares Rs 1 lakh.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users

Comments

(-) 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