Minda Industries Limited (MIL), the flagship company of the Rs 545 crore NK Minda Group, announced its unaudited financial results for the quarter ended December 31, 2006.
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The sales for Q3 in 2006 were up by a handsome 44.76% from Rs 6739.26 lakh in Q3 2005-2006 to Rs 9755.93 lakh in Q3 2006-2007.
Profit after tax was up to Rs 411.72 lakh in the same quarter as compared to Rs 360.37 lakh in Q3 2005-2006, marking an increase of 14.25 increase of 14.25%.
The earning per share was Rs 3.92 in the quarter ended December 31, 2006, up from Rs 3.43 in Q3, 2005-2006, marking an increase of 14 %.