Burroughs Wellcome has posted a 7.5% growth in net sales and a 8% growth in profits for the quarter ending 30th September 1999. The 30% growth in income and the 33% decline in interest expenditure has enabled the bank to marginally improve its net margins.
(Rs m) | 3QFY2000 | 3QFY1999 | Change |
Net Sales | 641 | 596 | 7.5% |
Other Income | 36 | 27 | 30.7% |
Expenditure | 518 | 480 | 8.0% |
Interest | 6 | 9 | -32.6% |
Depreciation | 7 | 5 | 43.5% |
Profit before Tax | 146 | 131 | 11.7% |
Tax | 56 | 45 | 26.2% |
Profit after Tax | 90 | 83 | 8.0% |
Net profit margin | 14.0% | 13.9% |
Sorry! There are no related views on news for this company/sector.
In this video, I'll tell you why I am recommending caution in the market at this time.
A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.
In this video I'll show you exactly how I go about picking stocks for trading.
100 baggers of the last decade share this common trait. Here's how to use it to nail future multibaggers.
More
Equitymaster requests your view! Post a comment on "Burroughs Wellcome posts 8% jump in net". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!