Hindustan Hardy Spicer has reported results for fourth quarter ended March 31, 2012.
The company has posted a rise of 633.33% in its net profit at Rs 0.44 crore for the quarter ended March 31, 2012 as compared to Rs 0.06 crore for the same quarter in the previous year. Total income has increased by 29.20% at Rs 15.84 crore for quarter under review as compared to Rs 12.26 crore for the quarter ended March 31, 2011.
Hindustan Hardy Spicer (HINDHARD) was incorporated in 1982 and got its present name in 1994. It is engaged in manufacturing propeller shafts and components under technical license from Hardy Spicer, UK and Gelenkwellenbau, Germany.
