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AIA Engineering reports 13% rise in Q2 consolidated net profit

15 Nov 2016 Evaluate

AIA Engineering has reported results for second quarter ended September 30, 2016.    

The company has reported 63.68% fall in its net profit at Rs 67.48 crore for the quarter under review as compared to Rs 185.80 crore for the same quarter in the previous year. Total income of the company decreased by 10.03% at Rs 537.13 crore for the quarter under review as compared Rs 597.01 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has reported 13.25% rise in its net profit at Rs 112.35 crore for the quarter ended September 30, 2016 as compared to Rs 99.21 crore for the same quarter in the previous year. Total Income of the company has increased by 8.96% to Rs 575.69 crore for quarter under review from Rs 528.36 crore for the quarter ended September 30, 2015.

Peers
Company Name CMP
AIA Engineering 3735.65
Alicon Castalloy 859.40
Nelcast 142.10
PTC Industries 24546.10
Synergy Green Inds. 614.25
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