ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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DAEWOO MOTORS- New Models in Offing

Rise in Input Costs STERLITE INDUSTRIES, which is engaged in the manufacture of jelly filled telephone cables (JFTC), performed poorly in 1996-97, The company's net sales and value of production fell by 4.2 per cent and 3.4 per cent, respectively, and a steep rise in operating expenses saw operating profit fall by 11.8 percent during the year. Further, with interest charges and depreciation provision rising steeply by 89.1 per cent and 20.3 per cent, respectively, net profit fell by 10.8 per cent.

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