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Press
Meet
May
21, 2001
Our Performance in 2000-2001
- Highest ever Production (104700 MT)
- Highest ever Sales (107959 MT )
- Highest ever Gross Profits (Rs 58 Crs)
- Highest ever Cash Profits (Rs 20 Crs)
But Overall Loss of Rs.18 Crs,primarily due to retrospective
imposition of Fuel surcharge
We received many Rewards / Recognition during 2000-2001
- Award for achieving highest productivity level -
CII(ER)
- Sustained Productivity Award - CII (ER)
- Export Excellence Award - M.O.C.(EEPC)
- Excellence in industrial safety practices - CII
(ER)
- 1st / 2nd placement in All India Work Skill Competition
- CII (ER)
- 2nd Rank in National Competition - Young Managers
- AIMA (ER)
Tinplate
Sales (MT) Tinplate Exports (MT)
*
Besides, we exported 5300 MT of Cold Rolled Products
Market Share (Domestic)
ETP Packed Production (MT)
CRM Packed Production (MT)
Financials
Results 2000-2001 (Rs. Crs.)
Outlook for 2001-2002
Concerns:
- High Interest / Long term Debt servicing costs
- Financial Restructuring Imperative
- Rising Energy and Other Costs will adversely impact
our competitiveness
…….But Company will strive to perform better
through various initiatives both at Marketing and Operation
front
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