Omax Autos has reported results for third quarter ended December 31, 2012.
The company has reported 56% fall in its net profit at Rs 3.30 crore for the quarter as compared to Rs 7.50 crore for the same quarter in the previous year. Total income of the company has decreased by 23.22% at Rs 261.18 crore for quarter under review as compared to Rs 340.15 crore for the quarter ended December 31, 2011.
Omax Autos manufactures sheet metal components, precision machined components, tubular metal components and sprockets for supply to domestic automotive OEMs and tier-1 auto component manufacturers in Europe and the United States.
