Thursday, 3 November 2011

Rico Auto Industries Q2 FY2011-12, July-Sep '11 Financial Results



The Net Sales of the Auto component maker Rico Auto Industries for the period July-September 2011 were Rs 272 Cr, posting a 18% Increase as compared to the same quarter last year. The Company posted the Net Sales of Rs 231 Cr during the same period last year.

However, the Net Profit of the company decreased by 15.69% to Rs 3.6 Cr for the period July-September 2011 as compared to Rs 4.27 Cr for the period July-September 2010.

The Company also registered a 10% increase in its Net Sales to Rs 272 Cr as compared to Rs 262.8 Cr for April-June 2011. The Net Profit of the company for April-June 2011 was Rs 2.14 Cr.

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