Home  
About Us  
Contact Us  
Feedback  
 
  
   
 
Although the Corporation is working on slender margins as being a service organisation, earning of profits is not its main objective, yet the Corporation has been continuously making modest profits from the 2nd year of its working.
The year wise position of losses/profits before tax is as under :
Year Loss(-)/ Gross Profit(+) Amount (Rs. Lacs)
1980-81 [-] 2.59
1981-82 [+] 2.71
1982-83 [+] 1.40
1983-84 [+] 2.34
1984-85 [+] 4.17
1985-86 [+] 7.80
1986-87 [+] 10.48
1987-88 [+] 30.51
1988-89 [+] 89.15
1989-90 [+] 5.44
1990-91 [+] 5.43
1991-92 [+] 9.19
1992-93 [+] 11.89
1993-94 [+] 2.13
1994-95 [+] 10.32
1995-96 [+] 13.17
1996-97 [+] 26.45
1997-98 [+] 38.34
1998-99 [+] 68.10
1999-2000 [+] 96.58
2000-01 [+] 89.22
2001-02 [+] 107.85
2002-03 [+] 158.62
2003-04 [+] 535.52
2004-05 [+] 446.76
2005-06 [+] 606.77
2006-07 [+] 420.47
2007-08 [+] 194.09
2008-09 [+] 322.84
2009-10 [+] 287.16
2010-11 [+] 315.15
2011-12 [+] 306.59
The Corporation has also been paying dividend to the State Govt. Year-wise details of dividend paid / declared are as under :
Year Amount Paid Percentage (%)
1985-86 150000.00 0.5
1986-87 160000.00 0.5
1987-88 160000.00 0.5
1988-89 164500.00 0.5
1989-90 169500.00 0.5
1990-91 169500.00 0.5
1991-92 255000.00 0.75
1992-93 341000.00 1.00
1993-94 171000.00 0.5
1994-95
1995-96 345000.00 1.0
1996-97 519000.00 1.5
1997-98 877500.00 2.5
1998-99 1230250.00 3.5
1999-2000 1230250.00
2000-01 17,57,500.00 5
2001-02 17,57,500.00 5
2002-03 17,57,500.00
2003-04 24,60,500.00 7
2004-05 70,30,000.00 20
2005-06 52,72,500.00 15
2006-07 35,15,000.00 10
2007-08 35,15,000.00 10
2008-09 35,15,000.00 10
2009-10 17,57,500.00 5
2010-11 52,73,000,00 15
2011-12 35,15,000,00 10
The authorised share capital of the Corporation is Rs. 800 lacs distributed into 80,000 shares of Rs. 1,000/- each. As of today the paid up capital of the Corporation is Rs. 351.50 lacs. For its working capital requirement, the Corporation is availing Cash Credit limit of Rs. 10.00 crore from a consortium of banks. The HP State Coop. Bank is the leader of the consortium. The Corporation has paid interest and other bank charges during the last five years as follows:
Year Turnover(Rs. lacs) Interest & Bank Charges (Rs. lacs) % of Interest to Turnover
2005-06 50398.29 182.40 0.36
2008-09 91559.44 104.33 0.11
2009-10 101936.50 50.43 0.05
2010-11 107330.00 56.76 0.09
2011-12 111120.61 67.77 0.06
Primary Function: is of a ' Central Procurement Agency ' for all the controlled & non-controlled essential commodities.
Home | About Us | Contact Us | Feedback | Disclaimer
© Copyright 2007-2008. All Rights Reserved.
For any Queries Or Information mail us at : info@himapurti.com
Site Developed & Maintained By:
Shoghi Communications Ltd.