Financial Daily
from THE HINDU group of publications
Wednesday, May 02, 2001
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Financial Daily from THE HINDU group of publications Wednesday, May 02, 2001 |
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Manugraph Industries turnover declines
MUMBAI: Manugraph Industries Ltd has reported a decline in net sales and income from operations at Rs 8.08 crore for the quarter ended March 31, 2001 as compared to Rs 34.88 crore in the year-ago period.
The company has attributed the decline to the 90-day strike at its factory. The labour unrest is on account of the wage agreement.
For the full year, the company recorded profit-before-tax of Rs 4.10 crore (Rs 2.57 crore).
Net sales stood at Rs 99.01 crore (Rs 109.66 crore).
Domestic sales increased from Rs 68.25 crore to Rs 70.74 crore. -- Our Bureau
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