Sona Koyo Steering Systems Ltd.’s net sales increased by 16.93 per cent to Rs. 383.9 crores from Rs. 328.3 crores during the same quarter last year. Profit after tax & minority interest is Rs. 12.6 crores (Rs. 6.9 crores). For the half year ended September 30, 2013, net sales grew by 1.1 per cent to Rs. 703 crores from Rs. 695.2 crores during the same period last year and profit after tax & minority interest is Rs. 11.8 crores (Rs. 15.2 crores).
On standalone basis, net sales for the quarter ended September 30, 2013, moved up by 5.3 per cent to reach Rs. 260.3 crores from Rs. 247.2 crores in the same period last year. EBITDA as percentage of sales improved to 12 per cent in Q2FY14 from 10 per cent in Q2FY13. During the same period last year
PAT increased to Rs. 7.7 crores (Rs. 4.7 crores). For the half year, net sales stood at Rs. 489.9 crores against Rs. 536.4 crores (Rs. 4.2 crores).