Particulars

31ST MARCH, 2008

31ST MARCH, 2007

Rs.

Rs.

Rs.

Rs.

INCOME

Sales

- Domestic Sales

127983801.08

123729809

- Export Sales

-

127983801.08

2619000

126348809

OTHER INCOME

195470

353666

INCREASE IN STOCK

1704985

220364

TOTAL

129884256

126922839

EXPENDITURE

CONSUMPTION OF RAW JUTE

70880621

79494939

Less : INPUT VAT CREDIT ON OPENING STOCK

-

-

(includes consumption of stores & spare parts)

70880621

79494939

POWER & FUEL

7584253

6345545

REMUNERATION TO EMPLOYEES

10402996

10929333

OTHER EXPENSES

18832572

11113301

INTEREST

7229666

5137192

DEPRECIATION

9366880

124296988

7441047

120461357

TOTAL

124296988

120461357

PROFIT/(LOSS) for the year

5622097

4944480

Less : Provision for Income Tax

1500000

1300000

           Provision for Wealth Tax

60000

-

           Provision for F. B. T.

150000

122422

PROFIT/(LOSS) after taxation

3912097

3522058

Add : Profit B/F from Last Year

7103465

3581407

Profit/(Loss) C/Over to Balance Sheet

11015562

7103465

Accounting Policies & Notes on Accounts

Earning Per Share Basic And Diluted

1.71

1.54