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

A+| A| A-

GLAXO INDIA-Major Restructuring

EPW Research Foundation PHILIPS INDIA Strategy for Growth PHILIPS INDIA'S (PIL) performance in the financial year ended December 4995 was marked by a 48 per cent fall in net profits in spite of a 33 per cent increase in turnover. Interest cost moved up by 74 per cent from Rs 16 crore to Rs 28 crore. A 20 per cent increase in provision for depreciation was more than nullified by a 58 per cent decline in tax provision.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top