For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Amtek Auto posts Q3 net loss at Rs. 157.76 cr

By Religare
|

Amtek Auto, engaged in automotive components manufacturing and commercial sales announced that it has posted a net loss of Rs. 157.76 crore for the third quarter ended June 30, 2015 as against a net profit of Rs. 86.08 crore for the third quarter ended June 30, 2014.

The net sales of the company which follows October-September financial year fell by 12.73 per cent to Rs. 854.22 crore during the period under review as against Rs. 978.8 crore in the year-ago quarter.

 

The finance cost of the company, engaged in forging, grey and ductile iron casting, gravity and high pressure aluminum die casting and machining and sub-assembly increased by 106.17 per cent to Rs. 236.54 crore in the quarter as compared to Rs. 114.73 crore in the same period previous fiscal.

Story first published: Monday, August 17, 2015, 9:40 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more