Commercial Engineers has reported results for third quarter ended December 31, 2011.
The company has posted a growth of over nine fold in its net profit at Rs 11.24 crore for the quarter ended December 31, 2011 as compared to Rs 1.23 crore for the same quarter in the previous year. Income from operation has increased by 221.73% to Rs 132.78 crore for Q3FY12 from Rs 41.27 crore in the quarter under review.
Commercial Engineers & Body Builders manufactures vehicle bodies for commercial vehicles, refurbishment of wagons and manufacture of components for wagons, coaches and locomotives for the Indian Railways.
