MICO Q1 net profit falls 32.3%
Motor Industries Company Ltd’s net profit fell 32.3% to Rs 164.25 crore for the quarter ended June 30, 2007 compared with Rs 242.78 crore in the same quarter previous year.
By INDIATIMES NEWS NETWORK |
MUMBAI: Motor Industries Company Ltd’s net profit fell 32.3% to Rs 164.25 crore for the quarter ended June 30, 2007 compared with Rs 242.78 crore in the same quarter previous year.
The company’s total income increased to Rs 1100.44 crore for the June quarter from Rs 930.99 crore a year ago.
At 11:27 AM, the stock was up 4.36% at Rs 4,461 despite the weak results.
The company’s total income increased to Rs 1100.44 crore for the June quarter from Rs 930.99 crore a year ago.
At 11:27 AM, the stock was up 4.36% at Rs 4,461 despite the weak results.
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