AIA Engineering Ltd.

BSE: 532683 | NSE: AIAENG
Small Cap | Castings/Forgings
3801.60
-2.70 (-0.07%)
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AIA Engineering reports 13% fall in Q2 consolidated net profit

Date: 02-11-2015

AIA Engineering has reported results for second quarter ended September 30, 2015.

The company has reported 57.47% rise in its net profit at Rs 180.41 crore for the quarter ended September 30, 2015 as compared to Rs 114.57 crore for the same quarter in the previous year. The company’s total income has increased by 0.57% to Rs 574.27 crore for the quarter under review from Rs 570.99 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 13.50% fall in its net profit after taxes, minority interest and share of profit/(Loss) of associates at Rs 93.48 crore for the quarter ended September  30, 2015 as compared to Rs 108.07 crore for the same quarter in the previous year. Total income of the company has decreased by 15.57% at Rs 500.20 crore for quarter under review as compared to Rs 592.46 crore for the quarter ended September 30, 2014.