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Triton Valves reports net loss of Rs 3 crore in Q1

21 Aug 2020 Evaluate

Triton Valves has reported results for first quarter ended June 30, 2020.

The company has reported a net loss of Rs 2.51 crore for the quarter under review against net profit of Rs 1.25 crore for the same quarter in the previous year. Total income of the company decreased by 43.02% at Rs 30.49 crore for Q1FY21 as compared Rs 53.51 crore for the corresponding quarter previous year.

Triton Valves is India’s largest manufacturer of automotive tyre tube valves, valve cores and accessories. The product range of the company includes valves, cores, service tools, adapters and plugs.

Peers
Company Name CMP
SamvardhanaMotherson 160.05
Tube Investments 2208.50
Bosch 45424.30
UNO Minda 1110.25
Bombay Burmah Trdg. 1245.10
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