Standalone total income crosses INR 3220 Million
Coimbatore (India), August 22, 2017: Pricol Limited (BSE: 540293 / NSE: PRICOLLTD), a leading manufacturer of automotive components for the global automotive market, announced its first quarter results for FY 2017-18 today.
Pricol Limited’s standalone Q1 revenues grew by 6.94% at INR 3220.139 Million (Q1 FY 17-18) from INR 3011.047 Million from the immediately preceding quarter. Profit before Tax grew by 51.6% during the same period and stood at INR 76.328 Million.
II. Business Performance
Q1 FY 17-18 Total Income grew by 6.94% and stood at 3041.697 Million from INR 2876.993 Million of the immediately preceding quarter.
Pricol Limited’s Q1 Profit Before Tax of FY 17-18 has grown by 51.6% from the immediately preceding quarter from INR 50.32 Million to INR 76.32 Million.
III. About Pricol
Pricol Limited a leading manufacturer of automotive components for the global automotive market, thrives on innovation, cutting edge technology and superior products across two, three and four wheelers, commercial vehicles, tractors, and construction & industrial tooling segments across the global market. The company’s performance is driven by over 30 patents, 8 manufacturing units, and 5 International business offices across the globe including India, Indonesia, Brazil, USA, Germany, Singapore, Thailand, and Japan. For further information on the organisation and its products