EPW Research Foundation MIRC ELECTRONICS Lower Sales, Higher Profit MIRC ELECTRONICS is engaged in the manufacture of colour television sets (CTVs) and video cassette recorders (VCRs) in 14 , 20' and 21 sizes which it markets under the brand name of 'Onida'. In 1992-93 while the company's net sales saw a 12 per cent increase, operating profit rose by a 33.5 per cent. Despite a fall in production and sale from 94,130 CTVs and 97,766 CTVs respectively CTVs in 1992-93, higher sale realisation
To read the full text Login
New 3 Month Subscription
to Digital Archives at
₹826for India
$50for overseas users
Comments
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.