Federal-Mogul Goetze (India) reports standalone net profit of Rs 12.92 crore in the March 2016 quarter

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Sales rise 2.43% to Rs 316.31 crore
Net profit of Federal-Mogul Goetze (India) reported to Rs 12.92 crore in the quarter ended March 2016 as against net loss of Rs 2.35 crore during the previous quarter ended March 2015. Sales rose 2.43% to Rs 316.31 crore in the quarter ended March 2016 as against Rs 308.82 crore during the previous quarter ended March 2015.For the full year,net profit rose 40.34% to Rs 44.01 crore in the year ended March 2016 as against Rs 31.36 crore during the previous year ended March 2015. Sales declined 13.01% to Rs 1291.53 crore in the year ended March 2016 as against Rs 1484.69 crore during the previous year ended March 2015.
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First Published: May 14 2016 | 11:09 AM IST