Amtek Auto has reported results for third quarter ended June 30, 2015.
The company has reported a net loss of Rs 157.60 crore for the quarter ended June 30, 2015 as compared to a net profit of Rs 86.08 crore for the same quarter in the previous year. The company’s total income has decreased by 18.61% to Rs 866.32 crore for the quarter under review from Rs 1064.38 crore for the corresponding quarter of the previous year.
Amtek Auto manufactures components such as connecting rod assemblies, flywheel ring gears and assembly, steering knuckles, suspension and steering srms, CV joints, crankshaft assemblies and torque links. It is backed by in-house design and development facilities engaged in developing new product and processes.
