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This Article is From Aug 14, 2015

Amtek Auto Posts Loss of Rs 157 Cr in Q3

New Delhi: Amtek Auto on Friday reported a net loss of Rs 157.76 crore for the quarter ended June 2015.

The auto component maker had registered a net profit of Rs 86.08 crore for the corresponding period a year ago, it said in a filing to the BSE.

Net sales during the quarter under review stood at Rs 854.22 crore as against Rs 978.8 crore in the year-ago period, the company said.

The company's finance cost increased to Rs 236.54 crore in the quarter ended June 2015, as compared to Rs 114.73 crore in the three-month period ended June 2014.

Amtek Auto follows October-September financial year.

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