ratio of the appellant company has decreased as
compared to average of preceding three financial
years. The said decrease in GP and NP rate ... Turnover 1,020,152,679 73,94,89,024
% of financial charges over net turnover 5.48% 3.64%
% increase in financial charges 1.84%
Report
reduced.
ii. That during the year under consideration out of total turnover,
the turnover of Rs. 30,26,21,654/- was in the nature ... rate was due to various factors such as
increased turnover, tough competition in market, decreasing profit
margin etc. I find some force in the appellant
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