Business Standard

Philips India Turns Around With Rs 8.7 Crore Net In Q3

Related News

Philips India is back in the black with a net profit of Rs 8.7 crore for the third quarter ended September 30, compared with a net loss of Rs 4.05 crore in the same period of the last financial year.

This is despite the turnover being lower by 6.28 per cent at Rs 379.64 crore, against Rs 405.1 crore in the same period last year.

Philips India executives were unavailable for comment, but it seems clear that the turnaround was due to expenditure cuts. The company

Read more on:   

Read More

GMR gets relief as AI pays half its dues

Receives Rs 415 cr for ops at Hyderabad, Delhi airports

Recommended for you


Quick Links

Back to Top