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

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BROOKE BOND LIPTON INDIA-Rapid Diversification

BROOKE BOND LIPTON INDIA Rapid Diversification BROOKE BOND and Upton India, the two subsidiaries of Unilever, were merged in July 1993 to form Brooke Bond Lipton India (BBLIL). The company increased its turnover to Rs 1,839 crore in the year ended December 1994 from Rs 1,303 crore in 1993, a rise of around 41 per cent. It posted a net profit of Rs 99 crore, up 26 per cent from Rs 78 crore in the previous year. Depreciation and interest costs rose by 69 per cent and 26 per cent, respectively. In view of the improved performance, the directors have declared a dividend of 50 per cent against 44.50 per cent for 1993.

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