HomeNewsBusinessEarningsRico Auto expects to cross Rs 1000cr sales mark this year
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Rico Auto expects to cross Rs 1000cr sales mark this year

Arvind Kapur, managing director of Rico Auto said the company is on course to cross the Rs 1000 crore-mark this year. "We are targeting a bottom-line of about 4-5% in coming quarters," he informed.

January 27, 2011 / 13:32 IST
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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.
TAGS: #Arvind Kapur #Results Boardroom #Rico Auto
first published: Jan 27, 2011 11:21 am

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