Global Forays CONSUMER electronics manufacturer BPL saw a 9.8 per cent rise in net sales during 1996-97 while its value of production rose by 2.7 per cent, A lower increase in operating expenses saw the company's operating profit surge by 12.5 per cent. However, a sharp spurt in interest charges (up 38,7 per cent) and depreciation (up 40,4 per cent) saw its bottomline rise by a mere 2.4 per cent.
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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.