Fag Bearings India net profit rises 32.15% in the June 2011 quarter

Jul 22, 2011 I Capital Market I Mumbai

Net profit of Fag Bearings India rose 32.15% to Rs. 447.2M ($9.9M) in the quarter ended June 2011 as against Rs. 338.4M ($7.5M) during the previous quarter ended June 2010. Sales rose 16.45% to Rs. 3,157.9M ($70.1M) in the quarter ended June 2011 as against Rs. 2,711.9M ($60.3M) during the previous quarter ended June 2010.

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