The profit before tax has shot up to Rs 197.16 crore during the year ended March 31, 2000 from Rs 32.88 crore in the last year. The export turnover was at Rs 171 crore as compared with Rs 95 crore in the previous year. The company's total production for the year stood at 11.76 lakh mt as compared with 10.71 lakh mt. The contribution of polymer, fibre and fibre intermediates to the overall production was 73, 9 and 18 per cent respectively, said a release.

Other income for the year moved up to Rs 112.10 crore as against Rs 79.49 crore. While depreciation was at Rs 318.98 crore against Rs 270.38 crore, interest stood at Rs 387.55 crore as compared with Rs 261.87 crore. Rs 8.31 crore was provided for tax during the year as compared with Rs 3.52 crore. The company's gross fixed assets for the year stood at Rs 8,713 crore, resulting in an increase of Rs 602 crores. The operating profit margin was achieved despite steep hike in raw material prices and impact of interest charges and depreciation on newly-created assets, according to a release. The company has entered into toll conversion agreements with palyers having poly-iso butylene (PIB) manufacturing facilities and has emerged as the single largest PIB manufacturer in the country.