Precot Mills Ltd (PML) is a well-known manufacturer of ring and rotor spun cotton yarn. PML and Super Spinning belong to the Elgi Group and function under common management. Operations are distributed over four units with a total capacity of 121,536 spindles and 1,152 rotors. Exports contributed to 37% of total sales in FY'97. Although sales and profitability have increased in FY'97, the company faced power supply disruption and hike in power tariff in AP and Kerala.