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MICO announces Q4 & FY 06 results



Posted On : 2007-03-15 04:53:16( TIMEZONE : IST )

MICO announces Q4 & FY 06 results

Motor Industries Company Ltd (MICO) has announced the following results for the quarter & year ended December 31, 2006:

The Unaudited results for the quarter ended December 31, 2006:

The Company has posted a net profit of Rs 649.60 million for the quarter ended December 31, 2006 as compared to Rs 631.30 million for the quarter ended December 31, 2005. Total Income has increased from Rs 8712.70 million for the quarter ended December 31, 2005 to Rs 10567.80 million for the quarter ended December 31, 2006.

The Audited results for the year ended December 31, 2006:

The Company has posted a net profit of Rs 5480.00 million for the year ended December 31, 2006 as compared to Rs 3430.70 million for the year ended December 31, 2005. Total Income has increased from Rs 31029.10 million for the year ended December 31, 2005 to Rs 39384.90 million for the year ended December 31, 2006.

Source : Equity Bulls

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