Aluminium Company
Case Overview
Cont.
Cont.
Year
ended
March
31
Bengal Aluminium
National Aluminium
Sales
Sales
Profit after
Tax
Profit After
Tax
2005
12150
1290
11860
1090
2006
13240
1380
12520
1350
2007
15890
1630
14100
1890
2008
20660
2570
17450
2640
10.61%
2006
10.42%
2007
10.26%
2008
9.29%
2006
10.78%
2007
18.86%
2008
15.10%
has been lagging behind NAC in terms of net margin, specially after it
installed the new smelter.
However, one would have to consider that those figures may not be
truly representative of the actual situation and could just be bloated
figures.
Since it has been mentioned that the other aluminium firms practice
similar accounting practices, one could assume that the figures for
these other companies could also just be bloated figures.