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

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EPW Research Foundation PONDS INDIA Higher Dividend PONDS INDIA, the Hindustan Lever group firm, is well known for its range of skin care products with export of leather products, mushrooms and thermometers forming the second line of activity. The company closed the financial year ended December 1995 with a sales turnover of Rs 317 crore, up by 26 per cent from Rs 251 crore recorded in the previous year. Other income moved up by 5 per cent and total income was up by 24 per cent from Rs 262 crore to Rs 326 crore. Interest costs were down by 43 per cent. Provision for depreciation and tax moved up by 23 per cent and 13 per cent, respectively. The company closed the year with a net profit of Rs 38 crore, up by 26 per cent from Rs 30 crore recorded in the previous year. The dividend payment has been stepped up to 150 per cent from 110 per cent paid in the previous year.

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