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What is Havells Balance Sheet Analysis 2014 about?

Havells comparative balance sheet for March 2014 and March 2013 shows: Shareholder funds increased by 13.44% to Rs. 1666.01 crore due to a 13.96% rise in reserves and surplus. Long term borrowing decreased 5.21% but other non-current liabilities rose resulting in a 3.01% overall increase in non-current liabilities. Current liabilities increased 24.38% with rises in short term borrowing, trade payables, and other current liabilities. Total assets grew 16.21% with increases across fixed assets, current assets

Author

srikant

Language

EN