Jamna Auto’s Q4 2012-13 net profit falls 53.8% y/y to USD0.95m
Sharp decline in commercial vehicle production in India affected company’s performance
India-based Jamna Auto has reported a 53.8% year-on-year (y/y) decline in net profit to INR52m (USD0.95m, 31 March 2013) in the financial year ended 31 March 2013 compared with INR112.6m (USD2.2m, 31 March 2012) during the same period a year ago, the company said in a press release.
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