WABCO India slips after Q3 PAT falls 39% YoY to Rs 32 cr

WABCO India fell 1.60% to Rs 8,166.45 after the company's standalone net profit dropped 39.3% to Rs 31.84 crore on a 15.3% jump in net sales to Rs 652.92 crore in Q3 FY22 over Q3 FY21.

Standalone profit before tax (PBT) skid 40.8% to Rs 43.22 crore in Q3 FY22 from Rs 73.04 crore in Q3 FY21.

WABCO India manufactures automotive parts. The company produces electronic braking, stability, and suspension and transmission control systems for heavy-duty commercial trucks, trailers and buses.

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