ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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BLUE STAR-Period of Transition

Market Leader KIRLOSKAR BROTHERS, which has a market share of 83 per cent in hermetic sealed compressors, achieved an impressive increase of 20 per cent in turnover on an annualised basis. Gross profit and profit before tax improved sharply by 119 per cent and 186 per cent respectively over the previous period, notwithstanding all- round surge in input costs. Expenses-to- sale ratio was lower at 0.99:1 against 1.02:1. Net profit showed a relatively modest rise of 74 per cent due to a sharp rise in tax provision.

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