New Delhi: Gabriel India on Friday reported a 57.90 per cent growth in net profit at Rs 13.69 crore for the first quarter that ended on June 30, 2014.
The Pune-based auto components maker had posted a net profit of Rs 8.67 crore for the corresponding period a year ago.
Net sales during the first quarter of financial year 2014-15 increased 19.31 per cent to Rs 349.99 crorefrom Rs 293.33 crore in the year-ago period, the company said in a filing to the BSE.
Shares in Gabriel India, on Friday, edned at Rs 50.40 apiece on the BSE, down 1.95 per cent from the previous close.
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