Results     02-May-08
Announcements
Atlas Cycle (Haryana) net profit declines 98.87% in the March 2008 quarter
Sales rise 26.84% to Rs 172.62 crore
Net profit of Atlas Cycle (Haryana) declined 98.87% to Rs 0.79 crore in the quarter ended March 2008 as against Rs 70.21 crore during the previous quarter ended March 2007. Sales rose 26.84% to Rs 172.62 crore in the quarter ended March 2008 as against Rs 136.09 crore during the previous quarter ended March 2007.

For the full year, net profit declined 95.84% to Rs 2.23 crore in the year ended March 2008 as against Rs 53.66 crore during the previous year ended March 2007. Sales rose 16.68% to Rs 551.89 crore in the year ended March 2008 as against Rs 472.99 crore during the previous year ended March 2007.

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