AIA Engineering Ltd.

BSE: 532683 | NSE: AIAENG
Small Cap | Castings/Forgings
3801.60
-2.70 (-0.07%)
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AIA Engineering reports 8% rise in Q1 consolidated net profit

Date: 01-08-2015

AIA Engineering has reported results for first quarter ended June 30, 2015.

The company has reported 62.16% rise in its net profit at Rs 85.46 crore for the quarter ended June 30, 2015 as compared to Rs 52.70 crore for the same quarter in the previous year. However, the company’s total income has decreased by 0.94% to Rs 476.59 crore for the quarter under review from Rs 481.12 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 8.07% rise in its net profit after taxes, minority interest and share of profit /(Loss) of associates at Rs 102.82 crore for the quarter ended June 30, 2015 as compared to Rs 95.14 crore for the same quarter in the previous year. Total income of the company has increased by 6.41% at Rs 547.94 crore for quarter under review as compared to Rs 514.94 crore for the quarter ended June 30, 2014.