Company watch: GSK Velu’s Trivitron ramps up revenue, faces working-capital challenges
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Company watch: GSK Velu’s Trivitron ramps up revenue, faces working-capital challenges

By Ankit Agarwal

  • 12 Nov 2019
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Company watch: GSK Velu’s Trivitron ramps up revenue, faces working-capital challenges
Credit: 123RF.com

Trivitron Healthcare Pvt. Ltd, the medical equipment maker founded by serial entrepreneur GSK Velu, doubled the pace of growth in net sales for 2018-19 but its profitability worsened due to higher costs. Consolidated net sales jumped 16% to almost Rs 407 crore, accelerating from less than 8% the year before and ......

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