Amtek Auto has reported results for first quarter ended June 30, 2017.
The company has reported net loss of Rs 889.58 crore for the quarter ended June 30, 2017, as against the net loss of Rs 319.68 crore for the same quarter in the previous year. Total income of the company too decreased by 22.49% at Rs 446.84 crore for Q1FY18 as compared Rs 576.49 crore for the corresponding quarter 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.
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