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

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KOPRAN-New Products

EPW Research Foundation A PART of the Rs 2,300-crore BPL group, BPL, saw a 2.2 per cent fall in its net profit in 1995-96 despite a 38 per cent increase in net sales. A sharp increase in operating expenses restricted the increase in operating profit to 11.2 per cent and steep increases in interest charge (up 58.7 per cent) and depreciation provision (up 38.6 per cent) led to a fall in the company's bottomline. The company blames the sharp increase in interest charges on the increase in prime lending rates, imposition of import surcharge and higher funding needs to cater to the increased working capital requirements as well as for financing capital expenditure programmes.

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