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Commercial Engineers secures order from Tata Motors

06 Mar 2012 Evaluate

Commercial Engineers & Body Builders Co (CEBBCO) has secured an order from Tata Motors to supply four numbers of refrigerated vans. Following the order, the company would commence the commercial production of refrigerated vans in the facility at Jabalpur.

The company 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 increased 221.73% to Rs 132.78 crore for Q3FY12 from Rs 41.27 crore in the quarter under review.

CEBBCO manufactures vehicle bodies for commercial vehicles, refurbishment of wagons and manufacture of components for wagons, coaches and locomotives for the Indian Railways.

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