Federal-Mogul Goetze June qtr net jumps two-folds at Rs 16 cr

Auto component maker Federal-Mogul Goetze (India) today said its net profit jumped two-folds to Rs 16.88 crore for the quarter ended June 30, 2009, over the same period last year.     

Total sales rose to Rs 195.37 crore in the latest quarter, against Rs 185.75 crore in the same period last fiscal, the company said in a filing to the Bombay Stock Exchange (BSE).     

Shares of Federal-Mogul Goetze were trading at Rs 66.50 on the BSE, up 4.97 per cent from previous fiscal.