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| Bangalore-based Philips Medical Services centre grew by over 30 per cent this year to post revenues of Rs 131.5 crore. Gross profits grew by 9% while net profits rose 8.2%. Operating margins, however, fell by over 5 %. Part of the reason was the turmoil in the mobile market. The company, part of the Netherlands-based Royal Philips Electronics Group, does work on embedded software and ASIC design, among other interests. |
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| FACT SHEET | ||||
| CEO: Bob Hoekstra Start-up year: 1997 Products: Real-time embedded system software and ASIC design Employees: 772 Address: Philips Innovation Campus, No1 Murphy Road, Ulsoor, Bangalore 560 008 Tel: 5579000 Fax: 5560581 Website: www.philipsoftware.com |
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