Jtekt India has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a rise of 53% in its net profit at Rs 14.00 crore for the quarter ended March 31, 2018 as compared to Rs 9.15 crore for the same quarter in the previous year. However, total income of the company has decreased by 12.96% at Rs 323.82 crore for quarter under review as compared to Rs 372.03 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a rise of 29.29% in its net profit at Rs 32.44 crore as compared to Rs 25.09 crore for the same period in the previous year. However, total income of the company decreased by 5.75% at Rs 1253.46 crore for year under review as compared to Rs 1329.94 crore for the period ended March 31, 2017.
