AIA Engineering Ltd.

BSE: 532683 | NSE: AIAENG
Small Cap | Castings/Forgings
3801.60
-2.70 (-0.07%)
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AIA Engineering reports 19% rise in Q3 consolidated net profit

Date: 14-02-2017

AIA Engineering has reported results for third quarter ended December 31, 2016.  

The company has reported 3.02% fall in its net profit at Rs 83.28 crore for the quarter under review as compared to Rs 85.87 crore for the same quarter in the previous year. However, total income of the company increased by 8.11% at Rs 555 crore for the quarter under review as compared Rs 513.37 crore for the corresponding quarter previous year.       

On the consolidated basis, the company has reported 18.54% rise in its net profit after tax, minority interest and share of profit of associates of at Rs 120.33 crore for the quarter ended December 31, 2016, as compared to Rs 101.51 crore for the same quarter in the previous year. Total income of the company increased by 19.45% at Rs 629.80 crore for the quarter under review as compared Rs 527.23 crore for the corresponding quarter previous year.