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APLAB Posts 32 Per Cent Jump In 2007-08 PBT APLAB Posts 32 Per Cent Jump In 2007-08 PBT
 
For 2008-09, the company eyes stronger growth in its bank automation, power electronics, fuel dispensers and exports businesses.

EFY News Network  (1407)

Wednesday, May 07, 2008:  APLAB Limited closed its year 2007-08 with the company sales growing from Rs 1020 million to Rs 1154 million at 13 per cent and pre-tax profits (PBT) from Rs 50.2 million to Rs 66.1 million at 32 per cent. The company is said to have a good order book for 2008-09 covering all businesses and is poised for a stronger growth, especially in its bank automation, power electronics, fuel dispensers and exports businesses.
In January 2008, Deepak Chandnani joined the Aplab board as director. Chandnani has worked with Cheseborough Ponds & Hindustan Lever on several positions in sales and marketing including GM sales and marketing manager. He also worked as a country manager in Yahoo! India and managing director in NCR India. Presently, he is working as a CEO in Wire & Wireless India Ltd.

APLAB has four independent product divisions: test and measurement equipments, power conversion and UPS systems, self-service terminals for banking sector and fuel dispensers for petroleum sector. Manufacturing plants of the company are located in Bhosari, Pune and Waghe Industrial Area, Thane in Maharashtra.

EFY News Network


 
 
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