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National Standard (India) reports 13% rise in Q3 net profit

12 Jan 2023 Evaluate

National Standard (India) has reported results for third quarter ended December 31, 2022.

The company has reported rise of 12.94% in its net profit at Rs 3.23 crore for Q3FY23 as compared to Rs 2.86 crore for the corresponding quarter previous year. Total income of the company increased by 93.44% to Rs 8.55 crore for the quarter under review as compared to Rs 4.42 crore for the same quarter in the previous year.

National Standard (India) is engaged in the manufacture of bead-wire for tyres and other types of specialised wires. The company is a major exporter of tyre bead-wire and tyre moulds.

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