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Munjal Auto reports 25% fall in Q2 net profit

30 Oct 2012 Evaluate

Munjal Auto has reported results for second quarter ended September 30, 2012.

The company has registered a fall of 25.30% in its net profit after tax at Rs 7.26 crore for the quarter ended September 30, 2012 as compared to Rs 9.72 crore for the same quarter in the previous year. Net income from operation has decreased by 1.07% at Rs 161.11 crore for quarter under review as compared to Rs 162.85 crore for the quarter ended September 30, 2011.

Munjal Auto is the leading auto component manufacturing company in India producing exhaust systems, complete wheel rims and other automotive assemblies.

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