Shanthi Gears will hold a meeting of the Board of Directors of the Company on 2 November 2017, to consider inter alia unaudited financial results for the second quarter ended 30th September, 2017

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Net profit of Shanthi Gears rose 3.48% to Rs 5.06 crore in the quarter ended June 2017 as against Rs 4.89 crore during the previous quarter ended June 2016. Sales rose 22.27% to Rs 51.06 crore in the quarter ended June 2017 as against Rs 41.76 crore during the previous quarter ended June 2016.

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Shanthi Gears will hold a meeting of the Board of Directors of the Company on 26 July 2017.

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Net profit of Shanthi Gears rose 10.00% to Rs 6.16 crore in the quarter ended March 2017 as against Rs 5.60 crore during the previous quarter ended March 2016. Sales rose 20.76% to Rs 50.20 crore in the quarter ended March 2017 as against Rs 41.57 crore during the previous quarter ended March 2016.

For the full year,net profit rose 26.96% to Rs 22.51 crore in the year ended March 2017 as against Rs 17.73 crore during the previous year ended March 2016. Sales rose 11.63% to Rs 183.95 crore in the year ended March 2017 as against Rs 164.79 crore during the previous year ended March 2016.

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