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

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PARKE-DAVIS-Accent on R and D

PARKE-DAVIS-Accent on R and D

EPW Research Foundation HYDERABAD INDUSTRIES Rise in Sales HYDERABAD INDUSTRIES has done well in 1993-94 with net sales going up by 22 per cent, operating profit by 10 per cent and net profit by 16 per cent. The rise in net profit would have been even larger but for higher taxation and depreciation. The rise in other income was modest at 6 per cent. The company declared a dividend of 35 per cent for the year against 30 per cent for the previous year. Exports went up by 186 percent and imports by only 13 percent. Debt-equity ratio has shown a steady rise from 20 per cent in per cent in 1993-94, though this is still

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