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Minda Industries Q3 net up 37 pc at Rs 59 cr

Press Trust of India  |  New Delhi 

component maker Minda Industries today posted a 37 per cent increase in its consolidated net profit at Rs 59.47 crore for the third quarter ended December 2017.

The company had reported a net profit of Rs 43.51 crore for the same period of the previous fiscal.

Total revenue of the company rose to Rs 1,056.16 crore for the third quarter as against Rs 838.38 crore in the same period of the previous fiscal, said in a statement.

The company's board, which met today, also recommended an interim dividend of 60 per cent -- Rs 1.2 per share.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 13 2018. 20:15 IST