Prime Securities

As far as the current year is concerned, one cannot expect much of an improvement as stock markets have not shown any signs of revival. In fact, the BSE Sensex has declined from its June 30 level by 19 per cent. However, the interest burden is expected to come down drastically as the debt level has been reduced to Rs 45 crore from the December 1995 level of Rs 96 crore. This can provide some relief to the companys bottomline.