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| Unlike last year’s heady growth of over 505, this year saw a modest growth of 38% at Ampersand. Margins, both operating and net, fell while gross margins were down by 10 points, from 59.6% to 48.6%. However, the company managed to ease the impact on net profit, which fell by a comparatively lower 2%. The US continued to dominate the earnings, with 87% of sales happening in that country, with Japan mopping up the remainder. |
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| FACT SHEET | ||||
| MD: Narsimhan Mandyam START-UP YEAR: 1989 EMPLOYEES: 130 BRANCHES: 2 ADDRESS: 37, Kempappura, Hebbal, Bangalore, 560024 TEL: 3336173 FAX: 3333891 WEBSITE: www.ampercorp.com |
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