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

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ICIM-Lower Margins

EPW Research Foundation SURYA ROSHNI New Joint Venture FORMERLY Prakash Tubes. Sury a Roshni. the second largest lighting company in the country, alter experiencing a tall in margins in the previous year has done well in 1993-94. Net sales were up by Rs 31.43 crore. operating profit by Rs 2.97 crore and net profit by Rs 2.59 crore. Though depreciation and interest charges were higher, the effect was diluted by nil taxation for the year and rise in non-operating income. Exports were down by 25 per cent (Rs 64 lakh) for the year, while imports rose by 48 per cent (Rs 4.62 crore). An enhanced dividend of 32 per cent was announced for the year as against 30 per cent in the previous year.

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