I agree with you about textile industry and I am in textile sector from 20 years. The companies, which are making money or not listed...All expansion come with cheap loan 5% less than normal loans under TUFS scheme..But those who don`t add value but depend on capacity utilisation are facing
10.39 AM Sep 7th
outstanding term loans of Rs. 156 crore including high cost debt of Rs. 54 crore. We would like to share that more than 70% of long-term debt carries lower interest rate as it is covered under TUF scheme. As a practice, we would continue to repay high cost term debt ahead of our repayment schedule which
8.29 PM Sep 5th
Results are out, Net Profit , 24 Crores vs 20 crores last year quarter , Sales are whopping 207 Crores. Interest burden is there because of which NP is not as much as it should . Company is applicable for TUF scheme under which Interest subsidy of 63 crores is not received. If it were
4.01 PM Nov 12th 2012
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