Munjal Auto Industries reports 50% rise in Q3 net profit

Munjal Auto Industries Ltd. | Auto Ancillary | Automobiles | BSE: 520059 | NSE: MUNJALAU

28 Jan 2014 Evaluate

Munjal Auto Industries has reported results for third quarter ended December 31, 2013.

The company has reported 49.57% rise in its net profit at Rs 13.49 crore for the quarter as compared to Rs 9.02 crore for the same quarter in the previous year. Total income from operations of the company has increased by 24.63% at Rs 217.79 crore for quarter under review as compared to Rs 174.75 crore for the quarter ended December 31, 2012.

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

Peers

Company Name	CMP
SamvardhanaMotherson	164.40
Tube Investments	2605.00
Bosch	47800.00
UNO Minda	1240.00
Bombay Burmah Trdg.	1510.30
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