MIL Q3 results out
Minda Industries, India's leading manufacturer of 2-3 wheeler automotive switches, announces financial results for Q3 of 2006-2007.Updated: Feb 02, 2007, 18:45 IST
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.
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 %.