Parke Davis posts 87% jump in net - Views on News from Equitymaster

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Parke Davis posts 87% jump in net

Oct 29, 1999

Parke Davis has posted a 87% jump in profits for the quarter ended 30th September 1999. The company has benefited from improved operational efficiencies and lower interest expenditure.

  2QFY2000 2QFY1999 Change
Net Sales 529 498 6.3%
Other Income 23 27 -14.8%
Expenditure 453 441 2.8%
Interest 15 27 -46.9%
Depreciation 21 16 31.4%
Profit before Tax 49 26 87.7%
Tax 6 3 103.4%
Profit after Tax 43 23 86.6%
Net profit margin 8.1% 4.6%  

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