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Limited (TCL) is on a winning streak. Against the sales of Rs. 71.98
crore in 2002-03, TCL clocked sales figures of Rs. 116.91 crore in
2003-04. Net profit also jumped from Rs. 7.48 crore in 2002-03 to
Rs. 11.78 crore in 2003-04. The company which was referred to the
Board for Industrial & Financial Reconstruction (BIFR) and declared
a sick unit in 1999 has improved its performance continuously and
got out of the purview of BIFR in March 2004. In fact, TCL today is
among the very few profit making power cable companies in India and
an established market leader in HT Power Cable segment.
TCL’s revival and turning around can be attributed to the
QII (Quantum Initiative Improvement) drive and the reengineering
initiatives. And above all, to the team work of its people who have
displayed unmatched levels of perseverance and commitment.
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