HDC-Upgrading Technology

EPW Research Foundation BAJAJ TEMPO, a Firodia-group company, performed well in 1995-96 notching a 66.2 per cent increase in net profit on a 26.3 per cent increase in net sales over the previous year. With the continued growth of the automobile industry, the market for the company's products was favourable. The company's value of production increased by 25,8 per cent with production of four- wheelers rising by 16.6 per cent to 28,027 vehicles. Production of diesel engines, however, fell from 7,262 units in the previous year to 3,566 units. Sale of four-wheelers increased from 24,050 vehicles last year to 27,978 vehicles (up 16,3 per cent) while that of diesel engines fell from 7,256 units to 3,557 units.