Nov 5, 1999|
Cadbury declares inspiring third quarter results
India's No. 1 chocolate manufacturer Cadbury India has turned in impressive results in the third quarter period ended October 10, 1999. Net profit jumped 32% to Rs 136 m during the period, on the back of a 13% growth in turnover to Rs 1.7 bn.
The company's aggressive launch of new products and product variants especially the smaller pack chocolates ensured this impressive growth. It was also helped in this by increased product prices and a 62% decline in its interest outgo. Its other income surged 437% to Rs 31 m, making its performance even sweeter. On the whole, it managed to increase its margins to 8.2%
|Profit before Tax
|Profit after Tax
|Net profit margin
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