Sona Koyo Steering’s strong sales

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For the quarter ended December 31, 2012, net sales of Sona Koyo Steering Systems Ltd. increased by 13.8 per cent to Rs. 358.7 crores from Rs. 315.2 crores during the same period last year. Profit after tax & minority interest is at Rs. 9.4 crores (Rs. 10.1 crores).

For the nine months ended December 31, 2012, net sales grew by 6.7 per cent to Rs. 1053.9 crores from Rs. 987.3 crores. Profit after tax & minority interest is at Rs. 24.6 crores (Rs. 29.7 crores).

On standalone basis, net sales for the quarter ended December 31, 2012, increased by 9.4 per cent to reach Rs. 273.7 crores from Rs. 250.2 crores. PAT is at Rs. 6.8 crores (Rs. 7 crores).

For the nine months ended December 31, 2012, net sales marginally increased by 2.6 per cent to Rs. 810.1 crores from Rs. 789.7 crores. PAT is at Rs. 19 crores (Rs. 23 crores).