Performance of FOMIL



Performance of FOMIL (Rs in Lakh)

  • Paid-up capital remained constant at 666.73 lakh from 2019-20 to 2023-24.

  • Gross block of assets steadily increased from 1615.44 lakh to 1759.67 lakh over five years.

  • Production and sales showed fluctuations, with matting & powerloom output peaking in 2021-22 and total sales increasing to 1301.27 lakh in 2023-24.

  • Net loss reduced over time, turning into a small profit of 2.67 lakh in 2023-24.

  • Workforce remained stable at around 71–79 workers with roughly 298 working days annually.