Igarashi Motors India has reported results for fourth quarter ended March 31, 2012
The company has posted a rise of 469.82% in its net profit at Rs 6.61 crore for the quarter ended March 31, 2012 as compared to Rs 1.16 crore for the same quarter in the previous year. Total income has increased by 42.85% at Rs 74.38 crore for quarter under review as compared to Rs 52.07 crore for the quarter ended March 31, 2011
The history of Igarashi Motors started in 1946 by Eiji Igarashi who established a private company in Kawasaki, for the production and sales of D.C. motors for toys and model ships. Since then, it has been developing and manufacturing small D.C. motors, for more than fifty years.
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