Results     28-Apr-08
Announcements
Automotive Stampings & Assemblies net profit declines 74.61% in the March 2008 quarter
Sales decline 10.37% to Rs 80.07 crore
Net profit of Automotive Stampings & Assemblies declined 74.61% to Rs 1.48 crore in the quarter ended March 2008 as against Rs 5.83 crore during the previous quarter ended March 2007. Sales declined 10.37% to Rs 80.07 crore in the quarter ended March 2008 as against Rs 89.33 crore during the previous quarter ended March 2007.

For the full year, net profit declined 60.30% to Rs 4.30 crore in the year ended March 2008 as against Rs 10.83 crore during the previous year ended March 2007. Sales declined 3.89% to Rs 300.99 crore in the year ended March 2008 as against Rs 313.18 crore during the previous year ended March 2007.

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