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

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MANJUSHREE PLANTATIONS-Good Coffee Crop

MANJUSHREE PLANTATIONS-Good Coffee Crop

Good Coffee Crop For Manjushree Plantations the year ended March 31,1992 was yet another one of all-time record sales and profits. This was thanks to a higher coffee crop, a higher valuation of coffee crop in stock on the basis of existing valuation and a higher price realisation for cardamom, while in tea both production and prices were lower. However, it was for the sixth year running that the company achieved unproved results. And though the rate of dividend declared is slightly less at 50 per cent compared to 55 per cent for the previous year, it is due to an increase in paid-up share capital following a 1:2 bonus issue from Rs 66 lakh to Rs 99 lakh. The aggregate amount of dividend has recorded an increase from Rs 36 lakh to Rs 49 lakh.

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