Munjal Showa has reported results for second quarter ended September 30, 2012.
The company has registered a fall of 37.46% in its net profit at Rs 8.80 crore for the quarter ended September 30, 2012 as compared to Rs 14.07 crore for the same quarter in the previous year. Net income from operation has decreased marginally by 2.02% at Rs 374.26 crore for quarter under review as compared to Rs 381.97 crore for the quarter ended September 30, 2011.
The company is one of the biggest manufacturers of shock absorbers, telescopic front forks, struts, gas struts, window balancers / gas springs in the country.
