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1. The plant was shut down for 2.5 months to carry out the expansion of sulphuric acid plant in 1993-94. Excluding the shutdown period the capacity utilisation for 1993-94 works out to 85.62 %

2. Sulphur is the only raw material for both Sulphuric Acid & Oleum. The output prices are linked to the price of sulphur. Therefore to a large extent, the fluctuations in turnover can, be related to the fluctuations in the international price of sulphur.

The per unit cost of Sulphur reduced by 18% for 1992-93 as compared to 1991-92 & the per unit realisation of Sulphuric Acid & Oleum reduced by 17% & 22% respectively over the corresponding periods. This is reflected in the change in sales turnover.

3. The operations for 1994-95 has been on the expanded capacities without any consequent increase in overheads, resulting in better profit margins. There has been a process improvement also contributing to better capacity utilisation levels.

The increase in margins in 1994-95 was also due to commissioning of Alum plant. The Alum plant was commissioned in September 1994.

The company has its manufacturing unit in the North Arcot district of Tamil Nadu with installed capacities of 39,600 MTPA sulfuric acid, 6,600 MTPA alum, 16,500 MTPA oleum, 4,950 MTPA liquid sulfur trioxide, 600 MTPA bon acid, 1,500 MTPA beta naphthol, and 2,310 MTPA acid slurry. The company has been suspended from BSE on account of non compliance with listing agreement clauses.