ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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TELCO-Fruits of Investment

EPW Research Foundation TELCO Fruits of Investment THE largest manufacturer of commercial vehicles in the country, TELCO, has really bounced back after its dismal performance in 1992-93. While its net sales have more than doubled since then to Rs 6,718 crore, net profit has jumped from around Rs 30 crore in 1992-93 to Rs 506 crore in 1995- 96. The company has managed to keep its cost of finance under control during a period when there was a dearth of liquidity and has actually managed to reduce interest charges by 1.2 per cent over the previous year.

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