2003 AR:
III. FOREIGN EXCHANGE EARNINGS AND OUTGO :
The amount of foreign exchange earned during the year is Rs. 2,69,21,388.34 on account of Export
of Domestic Pressure Regulator for LPG Cylinders & their parts and Die Development Charges as
contained in item No. 10(1) of Part (C) of Schedule 21 of the accounts.
2022 AR:
(a) Activity relating to export, initiatives taken to increase exports; development of new
export markets for products; and export plans:
The net exports of the Company has been increased from Rs. 6199.42 lacs to Rs. 10449.14 lacs
during the year. The Company is expanding its production capacity to emerge as a leading exporter
of our product. The Company is ISO 900 I : 2008 certified.
decent journey from 2.7 cr to 104 cr, but in 2021 it was 61 cr. The thing difficult to track down is revenue concentration in top5 customers back then & now.
INR depreciated 43% against USD from 2003 till now – 2003: 1USD ~45INR, now ~78 INR
Thanks.
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