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Philips India FY23 revenue up 4 6% to Rs 5,734 cr, profit down 2%

Philips India has reported 4.6 per cent rise in revenue from operations at Rs 5,734 crore for FY23, though the profit after tax (PAT) was down 2.2 per cent to Rs 260 crore, according to financial data accessed by business intelligence platform Tofler. ‘Revenue from operations was at Rs 5,481.4

Philips to expand local manufacturing in India; adds mother and childcare products to the list

Royal Philips has announced plans to expand production of mother and childcare products in addition to its beauty and grooming range in India. The company will be expanding production at its co-manufacturing site in Baddi, Himachal Pradesh, and will also be producing sterilizers for the mother and childcare segment.

Philips to manufacture its Personal Health segment products in India

Philips to manufacture its Personal Health segment products in India
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Philips to expand local manufacturing in India; adds mother and childcare products to the list, ET Retail

Royal Philips has announced plans to expand production of mother and childcare products in addition to its beauty and grooming range in India. The company will be expanding production at its co-manufacturing site in Baddi, Himachal Pradesh, and will also be producing sterilizers for the mother and childcare segment.

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