Editing BPL Group (section)

==Performance==
BPL Ltd has reported a net loss of {{INRConvert|34.76|c|year=2006}} in the second quarter of fiscal 2005-06, on gross sales of {{INRConvert|34.71|c|year=2006}}. Operating losses were at {{INRConvert|13.91|c|year=2006}}.

Gross sales were {{INRConvert|64.45|c|year=2005}} in the corresponding period during 2004-05 while net loss was at {{INRConvert|41.59|c|year=2005}}.

According to the company, the promoters have brought in {{INRConvert|50.08|c|year=2005}} as contemplated in the corporate [[debt restructuring]] scheme. The amount was to pay statutory liabilities, unsecured, pressing creditors, dealers, credit balances, employee dues and working capital requirements, in part.

In respect to the auditors' qualification of the company's accounts for the period ended 31 March 2005, about undisputed amounts payable in respect of income-tax ({{INRConvert|4.44|c|year=2005}}), dividend tax ({{INRConvert|2.51|c|year=2005}}), wealth tax ({{INRConvert|0.11|c|year=2005}}), TDS ({{INRConvert|6.77|c|year=2006}}) and customs duty ({{INRConvert|1.68|c|year=2005}}).

The balance in customs duty would be paid once the financial restructuring is completed and normalcy of operations is achieved, according to the company.