Gtn Industries Limited Improves Turnover & Exports But Incurs Net Loss In 2007-08

摘要

In view of the Loss during the year, the Board of Directors has not recommended any Dividend on the paid up Equity Share Capital of the Company, for the year. During the financial year under review, the Company has improved its turnover to Rs 28054 lacs from Rs 18697 lacs in the corresponding previous year mainly on account of increased export of yarn as Merchant Exporter. The operating profit has gone up, however, PBDT was lower. The Company has incurred net loss of Rs 188 lacs during the year.