What percentage of total sales does the company spend on research and development?

TMC has always been very aggressive in research and development of new therapeutic medical equipment. TMC also takes up custom made orders for setting up mobile lithotripsy unit etc. Besides developing new products, we also keep on improvising our already running products with more and more features and facilities, this not only helps us increase the efficacy of the equipment but also making it more and more automated with very less user setting and intervention required. For this, TMC spends around 20% of its annual profit for R&D.

Did you find this article useful?