ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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EPW Research Foundation GODREJ SOAPS New Plants GODREJ SOAPS, the flagship company of the Godrej group, has an equity of Rs 40 crore and is one of the leading soap manufacturers in the country. The company did not fare well in 1993-94. Sales were down by Rs 2.59 crore, operating profit by Rs 10,59 crore and net profit by Rs 4.62 crore. Rise in non-operating profit and other income and fall in interest charges were offset by increase in taxation and depreciation. Exports grew by 43 percent. A dividend of 30 per cent was declared for the year. Debt-equity ratio fell sharply from 27 per While sales to total assets fell by 20

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