Net profit of Munjal Auto Industries declined 19.40% to Rs 8.35 crore in the quarter ended June 2018 as against Rs 10.36 crore during the previous quarter ended June 2017. Sales rose 12.79% to Rs 290.28 crore in the quarter ended June 2018 as against Rs 257.36 crore during the previous quarter ended June 2017.

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Munjal Auto Industries will hold a meeting of the Board of Directors of the Company on 4 August 2018.

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Munjal Auto Industries has been allotted 12,17,810 equity shares aggregating to 13% of the enhanced paid up equity share capital of Indutch Composites Technology by way of rights issue.

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Net profit of Munjal Auto Industries declined 4.42% to Rs 10.60 crore in the quarter ended March 2018 as against Rs 11.09 crore during the previous quarter ended March 2017. Sales rose 24.00% to Rs 268.05 crore in the quarter ended March 2018 as against Rs 216.17 crore during the previous quarter ended March 2017.

For the full year,net profit rose 20.38% to Rs 41.59 crore in the year ended March 2018 as against Rs 34.55 crore during the previous year ended March 2017. Sales rose 21.54% to Rs 1033.07 crore in the year ended March 2018 as against Rs 849.99 crore during the previous year ended March 2017.

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