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GTN Textiles Maintains Levels of Income Profit in 2007-08

机译:GTN纺织品在2007-08年度保持收入利润水平

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Due to lower profits, directors propose to recommend a Dividend @6% on the Paid-up Equity Share Capital of the Company in respect of the financial year 2007-08. The total outgo on account of dividend, inclusive of dividend tax @ 16.995% is at Rs 82 lacs. Financial year 2007-08 has been a difficult year for the textile industry in general and for export oriented companies in particular. As mentioned in the last Directors' Report, by end of April 2007, Indian rupee had made substantial gains against US$ and the year under review witnessed unprecedented appreciation. However, company's various schemes of modernization and expansion, which were almost fully completed by end of January 2008, helped in rationalization of manufacturing costs, besides improving the production volume, productivity and in turn, sales realizations as well as operating profit, thus partially mitigating the adverse impact of revenue loss on account of strong rupee.
机译:由于利润较低,董事建议就2007-08财政年度建议对本公司已缴足股本股本支付6%的股息。由于股息而产生的总支出(包括股息税@ 16.995%)为82卢比。对于纺织行业,特别是对出口导向型公司而言,2007-08财政年度是艰难的一年。如上一份董事报告所述,截至2007年4月,印度卢比兑美元已取得了可观的收益,回顾年见证了前所未有的升值。但是,公司的各种现代化和扩展计划已于2008年1月底几乎全部完成,除了提高了产量,生产率,进而实现了销售实现以及营业利润外,还有助于合理化制造成本,从而部分缓解了这种情况。强卢比导致收入损失的不利影响。

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