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

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BHAGYANAGAR METALS-Reduced Margins

realisation on the company's products as also due to the sharp rise in manufacturing expenses. With the successful implementation of its modernisation-cum-expansion project for edible oil, production at the solvent division during the year was higher at 4,876 mt of oil as against 3,349 mt produced last year. Production of deoiled cakes/powder and soap and oil sludge was also higher at 24,793 mt and 404 mt, respectively, as against 18,798 mt and 8 mt in the previous year. Sale was also higher in volume terms at 12,902 mt (3,549 mt) of solvent/refined oil, 36,955 mt (18,798 mt) of deoiled cakes/powder and 343 mt (56 mt) of soap and oil sludge. The dairy milk division, which markets its products under the brand names 'Manthan' and 'Dewa', produced 1,310 mt (1,226 mt) of skimmed milk powder, 1,121 mt (808 mt) of pure ghee in addition to producing 125 mt of skimmed milk powder on job work basis. Sale also improved in volume terms to 1,378 mt (1,226 mt) of skimmed milk powder and 1,096 mt (808 mt) of pure ghee. Despite higher production from these two divisions, the company's soya milk division could not undertake commercial production due to the absence of demand. The company's exports meanwhile improved by 51 per cent over the previous year to Rs 19.9 crore accounting for 29.6 per cent of net sales.

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