Ellora Steels

lakh, with reserves standing at Rs 4,47239
lakh, with reserves standing at Rs 4,47239 lakh against Rs 1,477.89 lakh as at the close
Sales of Oswal Fats and Oils for the year 1991-92 amounted to Rs 7,018 lakh against Rs 6,178 lakh for 1990-91, For the six months of this year they have been reported as Rs 3,736 lakh against Rs 3 J44 lakh for the corresponding period of 1991-92. Gross profit, which for 1991-92 increased from Rs 1,204 lakh to Rs 1,901 lakh, amounted to Rs 909 lakh for the six months of this year against Rs 809 lakh for the corresponding period of 1991-92. Profit after tax, with the actual tax provision made, was Rs 1,490 lakh for 1991-92 against Rs 944 lakh for 1990-91, while for this year's six months, without the provision made, it has amounted to Rs 842 lakh against Rs 747 lakh previously. A dividend of 30 per cent was declared for 1991-92, while for the proposed 2:5 bonus issue the company has now fixtd the record date of January 5,1993. The company is coming out with a rights-cum-public issue of equity shares to part finance the cost of its writing and printing paper and vanaspati projects.