Finolex Industries Limited (FIL), has clocked a turnover of Rs.422.87 crore and reported a net profit of Rs.33.04 crore for the quarter ended 31st March, 2009, as compared to Rs.500.99 crores and Rs.1.21 crore respectively in the corresponding quarter of previous year.

The operating profit for the quarter was Rs.68.75 crore (growth of 77% over corresponding quarter of previous year). For the full financial year, the operating profit was Rs.139.10 crore (growth of 52% over previous year). However, unexpected and sharp depreciation of the Indian rupee during the year had taken a toll on the Company’s margins. For the current financial year, the company has reported a net loss of Rs.37.89 crore as against the net profit of Rs.71.19 crore for the previous year.

Saurabh S. Dhanorkar, assistant managing director, said, “The company has achieved sharply improved performance for the quarter on strong demand and better realisation.”

Create your vision statement: Dua
“Brand yourself and absorb the knowledge. What you learn at professional education will play an important role in your life. So focus on developing communication and articulation skills. Create your vision statement,” Giri Dua, chairman and managing director, TASMAC, said here. The Bharati Vidyapeeth's Institute of Management Entrepreneurship Development, Pune recently organised an induction programme for students of post-graduate courses, MBA-MCA, at their law college auditorium. The programme was designed to familiarise students with the learning process followed at Bharati Vidyapeeth’s IMED.

Dua, Nitin Nayak, director, IMED and Pangarkar, managing director, Brembo Brakes India Ltd and M V Shinde were also present on this occasion. Many eminent speakers from the industrial field were present during the programme and gave an insight into the corporate world. Pangarkar also Interacted with students and shared their experiences.