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

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product modifications were some of the activities undertaken in 1993-94.
HOECHST ExportAward Hoechst India. the German pharmaceuticals and chemicals multinational, has done well in 1993-94. Net sales were up by 22 per cent (Rs 61.27 crore), operating profit by 49 per cent (Rs 14.32 crore) and net profit by 216 percent (Rs 6.46 .crore). Taxation was higher by 485 per cent (Rs 11.06 crore) and depreciation by 8 per cent (Rs 72 lakh), though interest charges were marginally down by 4 per cent. Other income was up by 50 per cent (Rs 2.31 crore) and non- operating profit by 443 per cent (Rs 3.28 crore). A dividend of 25 per cent has been declared. Exports were up by 158 per cent

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