Friday, August 12, 2011

Amtek Auto Q1 cons net profit up 122.5% at Rs 178 cr

Amtek Auto has reported a rise of 122.5% (YoY) in profits for the first quarter of FY12. During the period, consolidated net profit of the company increased to Rs 178 crore as against Rs 80 crore in the corresponding quarter last fiscal.

Consolidated net sales shot up 70% to Rs 1,693 crore in April-June quarter of 2011 versus Rs 994 crore in the year ago period.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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