Matsushita reported a net profit of Rs 9.6 m for 3QFY2000, which is a rise of 1100%. The topline grew by 32% which was the main driver to net. Its quantity of TV's sold went up by 51% over the corresponding period of the previous year and audio sets went up by 27% for this period. The fall in interest costs also boosted the bottomline
(Rs m) | 3QFY2000 | 3QFY1999 | Change |
Net Sales | 476.5 | 361.4 | 31.8% |
Other Income | 0.1 | 3.6 | -97.2% |
Expenditure | 435.7 | 323.4 | 34.7% |
Interest | 9.6 | 14.7 | -34.7% |
Depreciation | 21.7 | 26.1 | -16.9% |
Profit before Tax | 9.6 | 0.8 | 1100.0% |
Tax | - | - | |
Profit after Tax/(Loss) | 9.6 | 0.8 | 1100.0% |
Net profit margin (%) | 2.0% | 0.2% |
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