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Muller & Phipps (India) Ltd.

BSE: 501477 Sector: Others
NSE: N.A. ISIN Code: INE003F01015
BSE 14:49 | 19 Jan 81.00 3.85
(4.99%)
OPEN

80.00

HIGH

81.00

LOW

80.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 80.00
PREVIOUS CLOSE 77.15
VOLUME 211
52-Week high 98.20
52-Week low 45.70
P/E 540.00
Mkt Cap.(Rs cr) 5
Buy Price 73.30
Buy Qty 90.00
Sell Price 0.00
Sell Qty 0.00
OPEN 80.00
CLOSE 77.15
VOLUME 211
52-Week high 98.20
52-Week low 45.70
P/E 540.00
Mkt Cap.(Rs cr) 5
Buy Price 73.30
Buy Qty 90.00
Sell Price 0.00
Sell Qty 0.00

Muller & Phipps (India) Ltd. (MULLERPHIPPS) - Chairman Speech

Company chairman speech

Annual Report 2000-2001 Myller and Phipps (India) Limited Chairman's Statement Ladies and Gentlemen, On behalf of the Board of Directors and myself I extend to all of you a very cordial welcome to the 84th Annual General Meeting of your Company. The Notice convening the meeting, the Directors' Report and the Audited Accounts for the year ended March 31, 2001 have been with you for some time now and with your permission I will take them as read. OPERATIONS FOR THE YEAR: During the year your Company has made a profit of Rs. 176.21 lacs post tax, after taking into account one time payment to the factory workers, staff under VRS and also writing off of certain old debit balances of the principals. The above profit also includes consideration for sale of Brand/ Technology. We are happy to inform you that during the current year we are maintaining profitability on month-to-month basis and expect reasonable growth in the turnover and profit during the year, despite adverse market conditions. FUTURE PROSPECTS: The future prospects of your Company are promising as a strategic alliance has been finalized with Dorcas Market Makers Limited, manufacturers of Medimix Ayurvedic Soap for whom we are the distributors for all the territories except Southern Region. We have also assigned the cuticura Brand to them in return for distribution of Cuticura Talc for all the States except the Southern region which will result in higher volume of Cuticura products during the year.