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Birla Corp posts 14% decline in net - Views on News from Equitymaster
 
 
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  • Jan 18, 2000

    Birla Corp posts 14% decline in net

    Birla Corporation has posted a 14.4% decline in net during the quarter ended 31st December 1999. The company has suffered on account of a rise in expenditure and an increase in interest expenditure. The company has however been able to trim its losses.

    (Rs m) 3QFY2000 3QFY1999 Change
    Net Sales 2,406.8 2,167.2 11.1%
    Other Income 74.7 45.5 64.2%
    Expenditure 240.0 217.7 10.3%
    Interest 132.9 130.1 2.2%
    Depreciation 79.3 82.1 -3.4%
    Profit before Tax (175.9) (205.4) -14.4%
    Tax - - -
    Profit after Tax (175.9) (205.4) -14.4%
    Net profit margin -7.3% -9.5%  

     

     

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