Rico Auto reported consolidated net profit of Rs 6.67 crore in Q3 December 2010 compared with a net loss of Rs 7.10 crore in Q3 December 2009. Its net sales soared 53.1% to Rs. 345.58 crore in Q3 December 2010 over Q3 December 2009.
Speaking to CNBC-TV18, Udayan Mukherjee and Mitali Mukherjee, Arvind Kapur, managing director of Rico Auto said the company is on course to cross the Rs 1000 crore-mark this year.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
