Case Study Of Surya Roshni Manufacturing
FINDINGS
Financial Performance
The company was able to maintain itself as a leader in the steel tubes industry and as a strong contender in the lighting industry.
Given below are the financial of the company for the current as well as previous year: (Rs in Crores)
PARTICULARS F.Y(2012-13) CY(2011-12)
Revenue from operations 2959.03 2554.44
Profit before finance cost depreciation & taxation 238.26 196.74
Finance cost 109.67 93.82
Depreciation & amortization expenses 56.51 47.31
Profit before tax(PBT) 72.08 55.61
Tax expense 2.83 3.63
Profit after taxation(PAT) 69.25 51.98
Interim equity dividend paid including tax 15.28 Nil
Proposed dividend 5.13 …show more content…
Lighting Division
During the year under review, surya roshni is the largest Lighting Company of the country having a market share of 25% . Division has grown at a higher rate than of national average of the Industry. As on date,. The performance of the division has significant growth .
• Increase in Revenue: increase in Revenue from operation is Rs.906.36 crores as compared to Rs.769.84 crores previous year , an increase of 17.73 % over the last year.
• Increased Sales: The higher sales have partly been accounted by new products and geographical expansion.
• Energy efficient lightning solutions: surya roshni became the first lighting company in India to introduce energy-effi cient lighting solutions. The recently launched LED added to greator extent in colour & class .
SIGNIFICANT ACCOUNTING POLICIES …show more content…
50,00,00,000 that is fifty three.73% of its signed Equity Capital. The Revenue from Operation of the company for the year completed 30th September, 2012 is Rs.62839.47 Lakhs and Profit once tax stood at Rs. 78.41 Lakhs Basis of preparation of economic Statements (a) The fi nancial statements are prepared in the historical price convention in accordance with the widely accepted accounting principles (GAAP) in india and also the provisions of the companies Act, 1956, as adopted systematically by the corporate. (b) the corporate recognises financial gain and expenditure on accounting except those of signifi cant
Financial Performance
The company was able to maintain itself as a leader in the steel tubes industry and as a strong contender in the lighting industry.
Given below are the financial of the company for the current as well as previous year: (Rs in Crores)
PARTICULARS F.Y(2012-13) CY(2011-12)
Revenue from operations 2959.03 2554.44
Profit before finance cost depreciation & taxation 238.26 196.74
Finance cost 109.67 93.82
Depreciation & amortization expenses 56.51 47.31
Profit before tax(PBT) 72.08 55.61
Tax expense 2.83 3.63
Profit after taxation(PAT) 69.25 51.98
Interim equity dividend paid including tax 15.28 Nil
Proposed dividend 5.13 …show more content…
Lighting Division
During the year under review, surya roshni is the largest Lighting Company of the country having a market share of 25% . Division has grown at a higher rate than of national average of the Industry. As on date,. The performance of the division has significant growth .
• Increase in Revenue: increase in Revenue from operation is Rs.906.36 crores as compared to Rs.769.84 crores previous year , an increase of 17.73 % over the last year.
• Increased Sales: The higher sales have partly been accounted by new products and geographical expansion.
• Energy efficient lightning solutions: surya roshni became the first lighting company in India to introduce energy-effi cient lighting solutions. The recently launched LED added to greator extent in colour & class .
SIGNIFICANT ACCOUNTING POLICIES …show more content…
50,00,00,000 that is fifty three.73% of its signed Equity Capital. The Revenue from Operation of the company for the year completed 30th September, 2012 is Rs.62839.47 Lakhs and Profit once tax stood at Rs. 78.41 Lakhs Basis of preparation of economic Statements (a) The fi nancial statements are prepared in the historical price convention in accordance with the widely accepted accounting principles (GAAP) in india and also the provisions of the companies Act, 1956, as adopted systematically by the corporate. (b) the corporate recognises financial gain and expenditure on accounting except those of signifi cant