Caprihans India Ltd's 79th Annual Report: Improved Topline but Dip in Bottom-Line

Caprihans India Ltd's 79th Annual Report shows an improved topline by Rs. 45 Crores despite working capital constraints. However, there was a dip in the bottom-line by Rs. 4.07 Cr due to inflationary impact in cost of goods sold and overheads. The company transferred its leasehold rights in Thane Flexible PVC plant and utilized the proceeds for repaying partial long term debt, one-time relocation expenses, and fixed costs for creating new infrastructure at a new location. The directors confirm that appropriate accounting policies have been selected and applied consistently, and the annual accounts have been prepared on a going concern basis.