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A Nightmarish 12 Months For Personal Care Product Firms

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:58 AM IST

The growth in sales and profits of eight personal care manufacturing companies declined to record lows during the 12 months ended March 2002.

According to a sample of eight personal care products companies, aggregate sales growth was a meagre 0.2 per cent, while net profit rose by 9.74 per cent.

The grow in sales was the lowest for the companies after recording the first single-digit sales growth in 1998-99.

Also, for the first time the companies

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First Published: Jul 04 2002 | 12:00 AM IST

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