Public issue of 60 crores for establishing new unit came out in 2008-09 .See the sales & profits of last 7 years from 2007 & you will know what the promoters have done . Turnover in 2008 is 120 crores & profit is 7 cr, now after 60 cr ipo & new unit starting in 2011, turnover is 80 cr & net loss
12.56 PM Jul 7th 2014
`s management is. 14) Asset Turnover Ratio What you need: Income Statement, Balance Sheet The formula: Asset Turnover Ratio = Sales / Average Total Assets What it means: Like return on assets (ROA), the asset turnover ratio tells you how good the company is at using its assets to make products to sell
12.43 PM Jul 7th 2014
Friend , Alpa bought turnover & profits when they were going public & managed to hoodwink public by selling shares at 60 rs when it was not even worth 10 . After public issue,the turnover dropped from 120 crore to 80 crore & even after new unit the turnover is not what it was at time of public
12.14 PM Jul 7th 2014
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