Burroughs Wellcome posts 8% jump in net - Views on News from Equitymaster

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Burroughs Wellcome posts 8% jump in net

Oct 27, 1999

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%  

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